Scuffle of the Week

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Latest Briefings

Adjudication Matters – June 2019

The Slip Rule – the “gateway” for consequential corrections to an adjudicator’s decision? Introduction In the recent judgment of Axis M&E UK Ltd v Multiplex Construction Europe Ltd [2019] EWHC 169 (TCC), the Technology & Construction Court considered for the first time whether consequential corrections are permitted under the statutory slip rule in the context of adjudication. […]

BIC v Burgess: pension increases were not validly introduced

By Suzanne Burrell, Jenny Farrell The Court of Appeal has overturned the High Court decision in Burgess v BIC, finding that increases to pensions in payment had not been validly introduced. We commented on the High Court decision in our update last year. Background The inflation-linked annual increases had been introduced following a trustee meeting in 1991 […]

Brewers – what’s in a name?

By Jo Pritchard More than a year after its initial launch, a Welsh brewery, formerly named LOKA POLLY, has been forced to rebrand following a complaint raised by a Swedish multinational conglomerate over the use of the LOKA POLLY name. This kind of dispute and rebranding experienced by the now-named Polly’s Brew Co is unfortunately […]

NI employers remain liable for higher holiday pay costs

By Leeanne Armstrong In a landmark ruling the Court of Appeal (CA) yesterday upheld an Industrial Tribunal (IT) decision that police officers and civilian staff are owed substantial back pay in respect of underpaid holiday pay. (Alexander Agnew & Others v Chief Constable for the Police Service of Northern Ireland & Others [2019] NICA 32) The original decision […]

New rules for enforced works

Decree-Law no. 66/2019 of 21 May was published recently to amend the rules on summonses to execute maintenance, rehabilitation or demolition works, and on their enforced execution. This legislation is part of the wider strategy of the New Generation of Housing Policies (NGPH), approved by Resolution of the Council of Ministers in May 2018. In accordance with the […]

Recommended

Millennium Commission kept Dome open on Simmons advice

Simmons & Simmons initiated the PricewaterhouseCoopers report which convinced the New Millennium Experience Company (NMEC) and the Millennium Commission not to close the Dome early. Lead insolvency partner John Houghton is heading a team of 10, which is now working closely with new executive chairman David James and accountant John Darlington, who will assume full […]

Sidley & Austin boosts London office

Chicago firm Sidley & Austin is flying in two partners from its foreign offices to boost its international finance practice in London. Securitisation partners Nick Brittain and Dennis Dillon are moving over from New York and Singapore respectively to boost the finance group to 12 partners. Brittain specialises in commercial mortgage-backed securitisation transactions, which have […]

Hammonds Suddards Edge

Hammond Suddards Edge advised Igroup on the £300m securitisation of residential non-conforming mortgages. The deal is made up of £264m of AAA-rated notes, £24m of A and £12m of BBB-rated notes. Associate Gary Walker led the transaction assisted by solicitor Anjlia Rajani. Igroup was also advised by its in-house counsel. Allen & Overy advised Morgan […]

Nabarro Nathanson

Nabarro Nathanson represented Henderson Investors on behalf of Pearl Assurance on the euro400m (£244.8m) acquisition of a portfolio of shopping centres in Europe. The 14 centres, valued at up to euro225m (£137.7m), are located across the continent. Partner Kevin Stimpson led a team of six, assisted by Simon Staite and Nick Collins, which worked alongside […]

Book Review

Rollercoaster tells the story of the rise and fall of the emerging markets. Starting with a spot of currency trouble in Bangkok in 1997, the panic spread across Asia, Russia and then Latin America. For 10 years money men (and women) drooled over less developed capital markets which threatened big risks but had the lure […]

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