Itchy feet at Lloyds TSB

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Latest Briefings

Stricter rules for awarding new exploitation concessions in Macedonia

After a long, complex and nation-wide discussion, on 9 January 2019, the Macedonian Parliament introduced stricter rules for obtaining exploitation concessions. Effective immediately, the novelties from the Minerals Law target potentially new mines, and they came as a result of the broad interest shown during the last couple of years concerning the environmental effects of the mining […]

Breach of fiduciary duties under an agency agreement: Appropriate remedy

By Pauline Cowie The High Court has confirmed that an account of profits cannot be relied upon by principals as a mechanism to recover remuneration from a commercial agent which has breached its fiduciary duties under an agency agreement in circumstances where it did not receive unauthorised benefits e.g. through bribery. Rather, the appropriate remedy is […]

Solar EPC guarantor liable for delay damages

By Marianne Anton The High Court enforced payment of liquidated damages for delay in the construction of five solar plants, deciding that they were not a penalty. It also permitted the recovery of general damages (in addition to delay damages) in respect of two of the five solar plants arising from the lower level of government […]

Contract interpretation: What does the futility principle involve?

By Stuart Campbell Does the ‘principle of futility’ exist? The Court of Appeal recently considered the expression to be misleading: the question for the court is not whether the principle exists, but what it involves. It reflects an approach to construction which recognises that in certain circumstances, a condition precedent may (in the light of subsequent […]

Litigation privilege: Particularly nuanced protection

By Gwendoline Davies Two recent cases which demonstrate that whether or not a party can withhold documents on the basis of litigation privilege remains a very nuanced question. The ability to withhold documents from disclosure to the court and/or other parties, without adverse inferences being drawn, is a fundamental and vital protection within the law of […]

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Directors’ cut

Increased shareholder power places a greater burden on company directors, say Neil Mirchandani and Rebecca Huntsman Has the liability risk for directors increased or is it business as usual? Is the role of a company director more onerous today than, say, five years ago? To the latter question, many would answer ‘yes’. This year has […]

DLA Liverpool hit by trio of departures

DLA Piper’s Liverpool office will see a wave of departures over the next few weeks, with exits from senior members of the corporate, employment and property litigation teams. The office’s former managing partner Michael Prince, currently a corporate partner with the firm, will be embarking on a new career as non-executive chair of housebuilder David […]

Scottish bar seeks new leader as dean quits after three years

Roy Martin QC has retired as the dean of the Faculty of Advocates (the Scottish bar) after three years. Martin decided to stand down to focus on his administrative and land law practice, both in Scotland as a member of Murray Stable and in England, where he is a member of Landmark Chambers. The silk, […]

BLG strengthens with double hire

Barlow Lyde & Gilbert (BLG) has re-enforced its employment team with the hire of Fladgate Fielder’s head of employment Adam Lambert and has recruited associate director Emily Benson for its financial services regulatory team from the Financial Services Authority’s (FSA) enforcement division. The firm has suffered from slow growth and departures this year, with commercial […]

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