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Latest Briefings

What is a ‘reasonable endeavours’ obligation, and is it a sensible solution?

Gwendoline Davies, Head of Commercial Dispute Resolution at Walker Morris explains what a party needs to do to comply with a ‘reasonable endeavours’ obligation, and considers whether endeavours clauses are always a sensible solution. What are endeavours obligations? Many commercial contracts contain obligations on a party to use its best or reasonable endeavours to do something or […]

Fair treatment of existing customers | FCA priorities series part 11

By Michael Ruck The penultimate part in our FCA Priorities series focuses on the cross-sector priority of fair treatment of existing customers. Over the last few years the FCA have increasingly focused on this issue, unhappy that firms were attracting new customers with preferential rates/incentives whilst not offering those rates and incentives to their existing […]

The need for alternative rental structures in retail

By Dan Sweeney Tough trading conditions on the high street have led several major retailers to seek rent cuts or turnover-based rents from their landlords. Monsoon Accessorize, H&M and Primark are amongst those hitting the headlines for entering into these discussions. There is an acknowledgment across a significant part of the market – including occupiers […]

The IPO opportunity for Northern Ireland

By Andrew Jennings Northern Ireland’s (NI) tally of publicly traded firms on stock markets has doubled in the last two years to reach four. In March this year, Belfast-founded data and analytics firm Diaceutics floated on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). This followed Fusion Antibodies, a contract research organisation, […]

Equitable Life Proposal – decision time for trustees

What is the Equitable Life Proposal? The Proposal covers trustees who hold Equitable Life with-profits policies with a guaranteed investment return, as a scheme asset. The Proposal is: to remove the guaranteed investment return (typically 3.5%) on Equitable Life with-profits policies; to uplift the value of the with-profits policy by a minimum primary uplift of […]

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Tenant sounds off at traffic

A noise nuisance battle that will be significant to local authorities is to be decided by the High Court. Lord Justice Kennedy and Mr Justice Mitchell have reserved judgment in the case of London Borough of Haringey v Jowett. The council is challenging a noise abatement order granted by magistrates to the tenant of a […]

Partners on the move…

Jeremy de Souza, who has been the lead tax specialist at London law firm Farrer & Co for 25 years, is moving to White & Bowker, based in Winchester, at the beginning of May. A specialist in property taxation, de Souza is the general editor of Land Taxation. Gouldens has announced the appointment of three […]

Sinclair Roche & Temperley's senior partner hands over job

Harvey Williams has stepped down from his role as senior partner of City shipping firm Sinclair Roche & Temperley to make way for new senior partner Struan Robertson. Robertson will become senior partner on 1 May. Williams will remain at the firm as a consultant. Robertson has been a partner at Sinclair Roche & Temperley […]

The top employment firms

Simmons & Simmons Has more blue chip clients than anyone else. One of its major strengths has to be Janet Gaymer – its major weakness that clients cannot always get her. The employment department has resisted the general exodus of partners from the firm and, despite the loss of a few juniors to Freshfields, a […]

Authority finds it's not so good to talk

THE POWER of anti-pollution authorities to wage war on polluters has taken a knock as a result of a High Court ruling in the case of R v Falmouth and Truro Port Health Authority ex parte South West Water. Lawyers who acted in the case say Mr Justice Harrison’s ruling will curb authorities’ powers to […]

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