Financings

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Latest Briefings

Expanding legal firm reduces costs and increases security with Advanced Digital Dictation

Following the merger of two legal firms using two separate systems, Advanced software provided the best-fit solution: a Cloud service with high levels of security, a modern infrastructure and lower running costs. Attwaters Jameson Hill serves private clients and commercial organisations across Essex, Hertfordshire and outer London; across four offices, with 70-plus fee earners. We […]

High Court rejects customer’s ‘unfair relationship’ claim

By James Taylor In the recent case of Promontoria (Henrico) Ltd v Gurcharn Samra, the High Court has rejected unfair relationship allegations made by a customer against its bank and distressed debt creditor. James Taylor, who acted in the case on behalf of the creditor, highlights key takeaways for lenders. What is an ‘unfair relationship’? Section […]

Classification of contractual terms: What businesses need to know

Gwendoline Davies, Head of Dispute Resolution at Walker Morris explains why businesses need to understand the different categories of contractual terms. In light of the recent Court of Appeal case of Ark Shipping v Silverburn Shipping [1], Gwendoline clarifies the correct approach to the classification of terms, and offers practical advice for anyone involved in contract drafting […]

Project Finance in Switzerland

By Thiemo Sturny Types of collateral What types of collateral and security interests are available? Under Swiss law, many types of collateral are available for securing a loan. Often a combination of different types of collateral is used. Collateral may include real estate, ships and aeroplanes, inventory and movable property, afteracquired property, securities such as […]

Antitrust Litigation – Portugal

Overview 1.1 Recent Developments in Antitrust Litigation Antitrust litigation in Portugal – including claims for the nullity of agreements, interim measures and damages actions – dates back to the 1980s and was the result of the enactment of Decree-Law No 422/1983 of 3 December 1983, which established the first national competition rules. Portugal’s accession to […]

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Brief

Judges are neither lenient “liberal pinkos” nor “bloodthirsty old men” handing out draconian sentences, declared Lord Bingham at his first press conference as Lord Chief Justice. The country’s most senior criminal judge, explaining his opposition to the extension of mandatory sentences as proposed by Home Secretary Michael Howard, said: “I don’t adhere to the view […]

A helping hand for the disabled

The problems and frustrations that arise when the law is called in to help those who cannot help themselves have seldom been better illustrated than in a recent High Court action. And one message comes from the winning legal team – lawyers who fight for the needs of the ill and disabled must be tough […]

In brief: Legal help comes to the campus

South Wales firm Hugh James claims to be the first in the country to launch free campus-based legal advice clinics for students and college staff in two South Wales colleges. But business has not been brisk at the first clinic that started at the beginning of the academic year, at Merthyr Tydfil College, which has […]

Flotations

Memery Crystal acted for Recruitment Exchange on its admission to trading on the OFEX. The company is capitalised at £1.69 million. Memery Crystal also acted for Ellis & Partners

Firms to pay more after SIF blunder

Firms will be asked to pay 7.5 per cent more to the Solicitors Indemnity Fund (SIF) this year than the original contribution asked for in August, following an embarrassing blunder by SIF staff. SIF chair Andrew Kennedy has admitted that its calculations failed to take into account extra discounts for low-risk work. He said they […]

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