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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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Drink-drive barrister faces arrest on return to the UK

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Calvert-Smith puts on a brave face while CCPs quit the CPS

The Crown Prosecution Service (CPS) is facing a massive brain drain of its most senior lawyers following the planned shake-up on 1 April. More than half the country’s 13 chief crown prosecutors (CCPs) will quit the CPS, cashing in on potentially lucrative early retirement and redundancy packages that will cost the service hundreds of thousands […]

The glam world of anoraks

As the media law bandwagon hurtles on through the digital age, lawyers working in the field face the increasingly tough task of keeping on top of developments. The launch of digital television last year, the increasing use of the Internet, new technology and the changing role of libel law all give the lawyer specialising in […]

Woolf reforms will 'hike costs'

The Woolf reforms will complicate the legal system and cost clients more money, believes a legal costs expert. James Diamond, managing director of Legal Costs Services, which prepares figures in court costs disputes, says many of the provisions invite abuse from wealthy groups to the detriment of the less well-off. The requirement that a party […]

Will judges return to the dark ages?

To most of the population, the UK’s judges were, for a long time, an anonymous bunch of toffs, probably a bit doddery and completely in the dark about The Rolling Stones or Gazza. The average person on the street probably did not know what a Law Lord was, let alone be able to name one. […]

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