Financing

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Latest Briefings

Update on Bermuda private trust companies

Many offshore jurisdictions saw notable reforms in 2018. This article considers how recent changes to the regulation of financial services in Bermuda have affected private trust companies. These legislative amendments were made primarily to ensure that Bermuda’s legal framework remains up to date with international standards, which are aimed at maintaining the international financial system’s […]

The basics: How to wind up a corporate debtor

A company has outstanding debts and it seems they are struggling financially. What can you do to try and get your debts settled? Is applying to have the company wound up the answer? Here, we take a look at what you will need to consider before a decision is made and we take a look […]

Blowing hot and cold on the jurisdiction of an adjudicator

In the recent case of SKYMIST HOLDINGS LIMITED v GRANDLANE DEVELOPMENTS LIMITED [2018], the Technology and Construction Court (TCC), considered the principle of “approbation and reprobation” in “satellite litigation” over the jurisdiction of adjudicators. But is challenging the jurisdiction of an adjudicator worth the cost involved? We review the key points in the Skymist decision, and the TCC‘s […]

Is legislation pending on bankruptcy, pension plans and lenders?

Public consultations on enhancing retirement security led by the Ministry of Innovation, Science and Economic Development Canada closed in late 2018. Given the importance and complexity of the subject matter, the one-month consultation period offered by the government was curiously short. Given that 2019 is an election year, the quick completion of the process could […]

Apples to Oranges: how investigations differ from a litigation approach when implementing eDiscovery solutions

Competition matters, and investigations more generally, differ greatly in execution from the approach to eDiscovery taken in litigation.  Understanding the potential issues is paramount in developing an eDiscovery model that tackles the regulatory pressures faced by legal teams and their corporate clients. In the first article in this series we compare the different approaches and examine […]

Recommended

Court order plan faces funding row

MAGISTRATES decide this week whether to mount a legal challenge to the Lord Chancellor and Home Secretary over a plan to pass the job of enforcing court orders from police to magistrates courts. They say severe underfunding will limit courts’ ability to enforce orders and fines. Duncan Webster, general secretary of the Central Council of […]

PRIVATE BANKING

Some law firms have embraced financial services head on and applied to the Bank of England to become licensed deposit-takers. One such firm is Batten & Co, a 300-year-old family practice based in Yeovil, Somerset, which specialises in private client and commercial work. The firm itself does not have a deposit-taking licence. The licence belongs […]

Litigation Disciplinary Tribunals 14/11/95

Bryan Roger Lizzimore, 43, admitted 1975, practised as Lizzimore Braithwaites, London, struck off and ordered to pay £4,418 costs. Allegations substantiated he: failed to honour terms of undertaking; was guilty of unreasonable delay or failure to act with reasonable expedition over client affairs, forwarding of former client papers to new solicitors and replying to correspondence […]

Law Society backs tenants over claims

TENANTS fighting disrepair cases should be exempted from January’s increase in the small claims limit to £3,000, says the Law Society. The Lord Chancellor’s decision to increase the limit in line with Lord Woolf’s Access to Justice report has met with lukewarm response from Chancery Lane. Suzanne Burn, secretary of the civil litigation committee, said […]

Conference finds ADR a hit with top lawyers

THE USE of mediation leads to the immediate settlement of 90 per cent of disputes in which it is used, a conference of senior litigation lawyers was told last week. Professor Karl Mackie, chief executive of the Centre for Dispute Resolution, claimed many of the remaining 10 per cent were resolved soon after mediation ended. […]

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