Financings and flotations

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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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City lawyer's Japanese role

Barrister Andrew Fitch-Holland has been appointed executive director and general counsel at Sumitomo Finance International (SFI), a subsidiary of Japanese-owned Sumitomo Bank. Fitch-Holland has worked in the City for the last eight years, most recently as legal adviser to the debt and derivatives trading group at ING Barings. Sumitomo has been building up its SFI […]

PNAG fails in attempt to foil Lloyd's rescue plan

London law firm Warner Cranston represented the Paying Names Action Group (PNAG) which last week failed in the High Court to scupper a £3.2 billion rescue plan for the Lloyd’s of London insurance market. PNAG wanted the plan declared illegal on the grounds that it penalised those Names who continued to pay their debts during […]

Capitalising on foreign interests

The past year has been one of the best for Canadian law firms in recent times. The top practices have seen an increase in business, from mergers and acquisitions to initial public offering work. The real estate market has also picked up, although litigation shows only sluggish signs of recovery. According to Goodman Phillips & […]

Financings and flotations

Olswang advised drinks machines group Selector on its flotation on the Alternative Investment Market (AIM) which raised £3 million of new money. Olswang also acted for Xaar

In brief: Apil ramps up asbestos campaign

The Association of Personal Injury Lawyers has stepped up its campaign to get compensation for ex-service personnel suffering from asbestos-related diseases. It has joined the recently-formed working group of the National Asbestos Related Disease Association, whose members include David Jamieson MP and Major Tom House of the Royal British Legion. Under current legislation, service personnel […]

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