In brief: Culley signs for Sheffield Wednesday

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Latest Briefings

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

English Courts grants freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

Pay.UK releases rules and guidance for the confirmation of payee (CoP) service

By Elena Kyriakou On 18 October 2018 Pay.UK announced it had released to the market the standards, rules and guidance for the confirmation of payee (CoP) service. This is the latest in the line of industry initiatives to help protect consumers from falling victim to Authorised Push Payment (APP) fraud. When delivered by payment service providers, […]

Social housing monthly law update – October 2018

By David Isaacson Highlights of this month include: Autumn budget coming up Government announces new generation of council housing Bereavement (Leave and Pay) Act 2018 receives Royal Assent Government announces new housing measures Download the full update to get fully up-to-speed on the past month.

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

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Hull's chief executive steps down

THE HEAD of legal services at controversy-racked Hull City Council has been assigned to hold the fort as chief executive following the shock resignation of the incumbent head. Nigel Pearson, director of law and administration, became acting head of the town clerk and chief executive’s department after Darryl Stephenson’s departure last week. As successor to […]

The Lawyer Inquiry: William Longrigg

William Longrigg is a partner in the family department at City firm Charles Russell. Born in Oxford in 1960, he now lives in Battersea, London What was your first job? Barrister’s runner in Oxford on 50p per hour. What was your first ever salary as a lawyer? £5,000 as an articled clerk. £14,000 when newly […]

Whittaker takes on EU role

Jane Whittaker, Macfarlanes partner and former chair of the Association of Women Solicitors, has won a non constituency seat on the Law Society council as the member responsible for European Union matters. She takes over from Theodore Goddard consultant Bill Blackburn, who was on the council for 17 years. The partner in charge of Macfarlanes’ […]

Row flares over retainer guidelines

LAW SOCIETY chiefs have fallen out with mortgage lenders over proposed new guidelines aimed at upgrading the legal services on home loans. The society’s council was told last week that moves to agree a joint “retainer” with the lenders had failed after continuous disagreement over the details. Keith Byass, of the society’s property and commercial […]

Property

Lewis Silkin acted for RTZ subsidiary Borax Consolidated Ltd on the sale of Borax House, SW1, for £7.5 million. Allen & Overy acted for purchaser Schroder Exempt Property Unit Trust.

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