Latest Briefings

UK Supreme Court offers lessons for landlords of multi-tenanted buildings in Cayman

In the UK, it is common for mutual-enforceability covenants (the nature of such covenants is explained below) to be found in the leases of flats located in apartment blocks. The enforcement of such a covenant was considered by the UK Supreme Court in Duval v 11-13 Randolph Crescent Ltd [2020] UKSC 18. While such mutual-enforceability covenants are (to the best of the author’s knowledge) not used in the Cayman Islands, the decision offers important lessons about leasehold obligations, especially where the same landlord enters into leases with multiple tenants in the same building.

Cayman injunctions in aid of foreign proceedings

Where a potential judgment debtor in “onshore” proceedings threatens to dissipate its assets, the plaintiff may face a Pyrrhic victory with no assets against which to enforce its judgment. Where the defendant is a Cayman company or has assets in Cayman, the Cayman Court has a statutory jurisdiction to grant a freezing injunction in aid of those foreign proceedings, which can extend to the worldwide assets of the defendant.

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MFI reviews legal panel to save £5m in adviser fees

MFI is pursuing a major review of its external legal advisers as the FTSE 250 furniture retailer moves to slash professional advisory fees by at least £5m. The retailer’s sole in-house lawyer Adrian Thurston confirmed to The Lawyer that MFI is keen to consolidate its advisers in the hope that it can strike a deal on fees. […]

Law Soc council vote to review referral fees

An overwhelming majority of Council members today (Thursday 16 December) voted to review the Law Society’s position on referral fees. Following work carried out by the society’s Standards Board on ways to carry out the review, members voted by a majority of 68 votes to nine, with six abstentions, to undertake the review. Amendments proposed […]

Clementi: the results

Sir David Clementi has today (15 December) published his long awaited report on the regulatory review of legal services. In his report Clementi made the following key recommendations. The creation of : 1. a single independent body to handle consumer complaints in respect of all members of frontline bodies;2. alternative business structures to enable solicitors […]

Grief steak

It’s been a long time coming, but it seems lawyers are finally getting a taste of their own medicine. In September, after ordering a medium-rare steakburger from the Marriot West India Quay, Skadden Arps Slate Meagher & Flom partner Tim Sanders found himself slapped with a legal disclaimer. “Although we are happy to accommodate the […]

Thrill bill

Lawyers are no doubt sick to death of jokes about the word ‘solicitor’ and its connection with that other age-old profession, prostitution. A lawyer in the US, though, this year lived up to the title after being charged with solicitation. The lawyer, a former county prosecutor, allegedly offered to have sex with a 19-year-old client to enable […]

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