Law Society

Review of the year

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By Karl Anders, Zoe McLean-Wells, Owen Ormond We reported in our April edition of Receivership Matters that a County Court had held that a Fixed Charge Receiver could bring proceedings in the name of the borrowers against the borrowers to recover possession of their own property. Again as reported, leave to appeal the decision was granted and the appeal […]

VAT guidance for LPA receivers

By Owen Ormond In August 2018 we published an article entitled LPA Receivers and the truth about VAT which explained the legal position in relation to Receivers and the collection and payment of VAT. Recently, the Association of Property and Fixed Charge Receivers (NARA) has produced an updated Guidance Note 6 Value Added Tax which sets out current industry […]

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Corporate roundup

Review of the year Goodbye Patrick DraytonPatrick Drayton left the Takeover Panel and new director Philip Remnant joined, facing an uphill struggle to rebuild the panel’s tattered image. Dearbail Jordan said: “Remnant is going to have to combine the brains of Stephen Hawking with the chocolate-smooth skills of Matthew Freud.” (5 February) Abbey roadblockWhen the […]

Martineaus loses De Montfort to Eversheds

Eversheds has beaten Birmingham rival Martineau Johnson to win work for De Montfort University. Martineaus has worked as its sole legal adviser since 1988, but this year the corporate services panel opened the position to competitive tender.An Eversheds team covering all legal requirements, and led by chairman of the education group John Hall and client […]

Real estate roundup

Review of the year Camerons on property defensive as Vivian quitsIn a move that shook the market, CMS Cameron McKenna lost highly-rated and longstanding property partner Jon Vivian to SJ Berwin after he tendered his resignation in February. The move was believed to be prompted by a de-emphasis on property, which the firm denied. Vivian […]

Finance review

Review of the year All things taken into consideration, it’s been a pretty good year for most finance practices. A steady stream of high-profile debt financings for major corporate transactions at the start of the year have given way to refinancings and restructurings, in particular since the events of 11 September. Allen & Overy (A&O) […]

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