Financings

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Financing

Pinsent Curtis advised HSBC on a £135m private equity investment in AM Paper Group’s planned paper mill in Skelmersdale. Chaffe Street acted for AM Paper and Slaughter and May advised JP Morgan on providing senior debt.

Financings

Linklaters & Paines advised the lead manager

Govt forced into retreat on CPS

The Government has been forced into an embarrassing U-turn in its shake-up of the Crown Prosecution Service (CPS) by freezing the appointments of 42 new Chief Crown Prosecutors. In a written answer to a parliamentary question, published last week, Attorney General John Morris QC concedes that the Government’s plans to reorganise the service into 42 […]

OSS seeks to boost efficiency with gift voucher scheme

Staff at the Office for the Supervision of Solicitors (OSS) are being offered gift vouchers to close the file on as many complaints as possible in time for Christmas. The unusual incentive scheme is designed to help the OSS clear up a massive backlog of cases – and comes as the OSS prepares to publish […]

Herbert Smith gets £3m payout

Herbert Smith was paid £3,256,000-worth of taxpayers money in fees for the sell-off of the Ministry of Defence (MoD) married quarters – twice as much as the MoD budgeted for. The National Audit Office’s report on the controversial £1.6bn sell-off of 57,000 married quarters homes to Nomura-led consortium Annington Homes, in the UK’s largest ever […]

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