European Central Bank issues new capital rules

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Latest Briefings

Interrogatories – questions and answers time

Both legal practitioners and the general public alike are very much aware that litigation can be a time consuming and costly exercise, particularly in light of the lengthy delays for the hearing of trials and the subsequent length of time many trials run for. One particular tool favoured by the courts as a way to […]

No novation is not ideal

In M Hart Construction Ltd & Anor v Ideal Response Group Ltd [2018] the court refused to enforce two adjudicators’ decisions on the basis that there was no contract between the parties. There had not been an effective novation from an original contracting party.  The adjudicators therefore did not have jurisdiction to determine the disputes. Another […]

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Recommended

Waco looks to Linklaters on £500m private equity deal

LINKLATERS has shored up its leading status in South Africa after advising on the country’s largest private equity deal to date, a £500m sale of industrial services giant Waco. Linklaters corporate partner and South African business group head Charlie Jacobs led the team advising the shareholders of Waco on its sale to private equity investors led by […]

Lovells’ Baird flies off to Allen & Overy

Allen & Overy” />Lovells private equity star Derek Baird (left) has resigned for Allen & Overy, leaving the top 10 City firm with just one private equity partner in London. Baird is the second private equity partner to quit Lovells in recent months. Last autumn it lost German private equity star Oliver Felsenstein and a […]

Expert witnesses report better bonds with firms

Relationships between expert witnesses and instructing solicitors are improving, as the number of experts instructed to appear in court increases. Nearly 90 per cent of expert witnesses said they found solicitors’ instructions at least adequate, and there has been a rise in the number of solicitors paying experts’ fees promptly. Legal training consultancy Bond Solon […]

Firm profile: Backhouse Jones

Directors: James Backhouse, Jonathan Backhouse, Ian Jones and Andrew Woolfall Turnover: £1.8m Total number of fee-earners: 15 Main practice areas: Road transport, defendant personal injury, regulatory compliance, commercial litigation and employment Key clients: Stagecoach, Firstgroup, Arriva and Shearings Coaches Number of offices: One Location: Clitheroe,East Lancashire Clitheroe-based Backhouse Jones offers a niche service advising clients […]

Tesco sues Lovells over Czech property deal

Lovells is facing a massive negligence claim from supermarket giant Tesco over work carried out in the Czech Republic. Tesco launched its multi-millon pound claim in March 2005, and the case is set down for trial in the High Court early next year. The supermarket claims that in 1997 Lovells negligently drafted contracts relating to […]

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