Latest Briefings

High Court analyses compensation order regime under the CDDA accounting

The compensation order regime Compensation orders aim to make directors financially accountable for the consequences of their unfit conduct. They were introduced in October 2015 by the Small Business, Enterprise and Employment Act 2015 which amended the Company Directors Disqualification Act 1986 (CDDA). Under the new regime, the Insolvency Service can apply to court (on […]

FINMA approves SIX and BX as Prospectus Offices

Market Supervisory Authority (FINMA) has approved SIX Exchange Regulation AG and BX Swiss AG to act as Prospectus Offices as from June 1st, 2020. Their appointment represents a major step in the implementation of the new Swiss prospectus regime. As a consequence, the new Swiss prospectus requirements will be mandatory and offering as well as listing prospectuses will generally require approval by one of the Prospectus Offices as from December 1st, 2020. This newsletter outlines the regulatory implications and proceedings of the new statutory prospectus review.

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Sefton faces GMB action

The General Municipal Boilermakers (GMB) Union has started a second action in the High Court for a declaration that Sefton Metropolitan Borough Council will be breaching the acquired rights directive if it fails to secure comparable pension rights for staff in the transfer of employment. The new action is brought against the council and Brophy […]

Silk calls for undercover law change

LEADING criminal silk Geo-ffrey Robertson has called for a new law to clear up confusion on whether undercover police operations are acceptable to the courts. Robertson says that a statutory defence along Australian lines would be far preferable to the present “piece-meal” approach where evidence is accepted or rejected according to developing case-law. But without […]

Govt to appeal CICS ruling

THE Government is to petition the House of Lords against the Court of Appeal’s decision that the Home Secretary acted unlawfully by introducing a tariff-based compensation scheme for criminal injuries. But Ian Walker, partner at criminal injuries compensation firm Russell Jones & Walker, says: ” Michael Howard should scrap his appeal to the House of […]

Corporate

Faxcast Broadcast Corporation was advised by Herbert Smith in its merger offer for u93.4m for Media Technology Corporation, advised by Slaughter and May.

Burstows pioneers QLG employment legal service

SUSSEX law firm Burstows is introducing an employment law service, believed to be the first of its kind in the country. Instead of preparing employment contracts on an individual basis, a tailor-made standard contract is supplied complete with a manual and a telephone advice line. The scheme has been devised by nationwide legal grouping the […]

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