Financings

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Latest Briefings

Consultation on two new consumer credit policies

By Rob Aberdein Following on from the recent budget, HM Treasury has published a consultation on two new consumer credit policies. The consultation builds upon the Government’s call for evidence which was concluded in January 2018 and on existing successful practice in the Scottish Debt Arrangement Scheme (DAS).  The consultation offers businesses and organisations on both […]

Application of QOCS to defendants counterclaiming in personal injury

By Rebecca Livesey In County Courts around the country over the past year, it has become ‘fashionable’ to argue over the meaning of the word “proceedings” in CPR r.44.13. The essential question is whether a Defendant, by virtue of bringing a counterclaim including personal injury, is afforded QOCS protection against the Claimant such that any orders […]

One rating assessment to be applied to neighbouring floors occupied by same business

By Matthew Forrest Businesses operating across different floors of a building, or other separate but neighbouring units, are now more likely to have their premises assessed together for business rates. The Rating (Property in Common Occupation) and Council Tax (Empty Dwellings) Act 2018 came into force on 1 November 2018.  The Act delivers on the […]

Austria adopts new environmental package

By Sandra Kasper, Philipp Strondl  On 25 October 2018 Parliament adopted a new comprehensive environmental package comprising: the Aarhus Participation Act; an amendment to the Environmental Impact Assessment Act; and an amendment to the Federal Environmental Liability Act.

Blog – Childbirth and primary victim claims for mothers

By John de Bono This is the clear takeaway from Whipple J’s powerfully reasoned judgment in YAH v. Medway Foundation Trust, judgment 5th November 2018. The facts are typical of many cerebral palsy cases. The Claimant’s daughter was born after a negligent delay in intervention in the face of signs of fetal distress. The Claimant […]

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Perrin's View

Friday, midday. I’m entertaining clients at The Ivy. I’m wearing a dark blue cashmere gilet, silk blend chinos by Ralph Lauren, taupe pashmina socks, a hand-stitched alligator belt… but not really. This is London. It’s Wednesday, I’m sitting at my desk and what I’m really wearing, in common with every other lawyer this side of […]

Newcastle 12 to form 'superset'

Mass defections from a Newcastle set of barristers are forcing the closure of Westgate Chambers to create the biggest set in the North Eastern circuit. Twelve barristers are due to leave Westgate Chambers on 4 February to join Broad Chare Chambers. The latter will then have 46 barristers including three silks. Broad Chare’s head of […]

Financings

Norton Rose advised HSBC Investment Bank on a one for four rights issue by Minerva to raise £71m. The funds will allow Minerva to finance the proposed £101.4m purchase of The Criterion in London. The rights issue was fully underwritten by HSBC

Law Soc asks City lawyers for input on conflict regulations

City lawyers have for the first time been asked by the Law Society to suggest their own set of rules – before the rest of the profession is consulted. The City of London Law Society is producing draft conflict of interest rules as part of a nationwide review of regulations. Their suggestions will then be […]

O'Melveny London chief goes Dutch

Christopher Hall, head of the London office of US firm O’Melveny & Myers, has left to become executive vice-president and general counsel of Dutch telecoms company KPNQwest. O’Melveny learned of Hall’s decision early this month and Hall took up his new post on 17 January. He will be responsible for KPNQwest’s legal, financial and regulatory […]

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