'Ogden Tables' improved

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Latest Briefings

What is a ‘reasonable endeavours’ obligation, and is it a sensible solution?

Gwendoline Davies, Head of Commercial Dispute Resolution at Walker Morris explains what a party needs to do to comply with a ‘reasonable endeavours’ obligation, and considers whether endeavours clauses are always a sensible solution. What are endeavours obligations? Many commercial contracts contain obligations on a party to use its best or reasonable endeavours to do something or […]

Fair treatment of existing customers | FCA priorities series part 11

By Michael Ruck The penultimate part in our FCA Priorities series focuses on the cross-sector priority of fair treatment of existing customers. Over the last few years the FCA have increasingly focused on this issue, unhappy that firms were attracting new customers with preferential rates/incentives whilst not offering those rates and incentives to their existing […]

The need for alternative rental structures in retail

By Dan Sweeney Tough trading conditions on the high street have led several major retailers to seek rent cuts or turnover-based rents from their landlords. Monsoon Accessorize, H&M and Primark are amongst those hitting the headlines for entering into these discussions. There is an acknowledgment across a significant part of the market – including occupiers […]

The IPO opportunity for Northern Ireland

By Andrew Jennings Northern Ireland’s (NI) tally of publicly traded firms on stock markets has doubled in the last two years to reach four. In March this year, Belfast-founded data and analytics firm Diaceutics floated on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). This followed Fusion Antibodies, a contract research organisation, […]

Equitable Life Proposal – decision time for trustees

What is the Equitable Life Proposal? The Proposal covers trustees who hold Equitable Life with-profits policies with a guaranteed investment return, as a scheme asset. The Proposal is: to remove the guaranteed investment return (typically 3.5%) on Equitable Life with-profits policies; to uplift the value of the with-profits policy by a minimum primary uplift of […]

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LAW SOCIETY RULES

Law firms handling life and pensions policies must now disclose commissions payable to clients before business is transacted. Previously it was possible to ignore discussion about commission until the deal was completed. The new Law Society rules came into force on 1 January, but do not as yet apply to collective investment products, points out […]

Tales of the unexpected

John Browne believes the key to successful financial management lies in being well-prepared for the unpredictable Expecting the unexpected used to be the preserve of strategists and corporate advisers; not any more. These days it is a skill that many people are having to acquire and, more than ever, there is widespread recognition that one […]

Juvenile courts given greater powers

Courts handling juvenile offenders have been given powers to review lenient sentences in serious fraud cases. New legislation under the Criminal Justice and Public Order Act and coming into force last week, also introduces a pilot scheme for the use of electronic tagging in curfew sentencing. Courts will be able to impose long terms of […]

Lawyers unite on problem Act

THE LAW Society is to meet with the Home Office to discuss its anxieties over “loopholes” in the new Criminal Justice and Public Order Act. The society will join representatives from the Lord Chancellor’s Department (LCD), Crown Prosecution Service (CPS), Bar Council, Magistrates’ Association and Justices’ Clerks Society at the Home Office meeting. The concerns […]

First users try out new Quill system

Fennell Betson reports Essex residential conveyancing practice Darcy White is one of the first to try Quill Computer Systems’ conveyancing case management system. Partner Roger Morse says: “Because of this we have been able to incorporate some of our own ideas into the software.” Quill’s managing director Tony Landes says the new system is currently […]

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