Financing and restructuring

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Latest Briefings

Adjudication Matters – June 2019

The Slip Rule – the “gateway” for consequential corrections to an adjudicator’s decision? Introduction In the recent judgment of Axis M&E UK Ltd v Multiplex Construction Europe Ltd [2019] EWHC 169 (TCC), the Technology & Construction Court considered for the first time whether consequential corrections are permitted under the statutory slip rule in the context of adjudication. […]

BIC v Burgess: pension increases were not validly introduced

By Suzanne Burrell, Jenny Farrell The Court of Appeal has overturned the High Court decision in Burgess v BIC, finding that increases to pensions in payment had not been validly introduced. We commented on the High Court decision in our update last year. Background The inflation-linked annual increases had been introduced following a trustee meeting in 1991 […]

Brewers – what’s in a name?

By Jo Pritchard More than a year after its initial launch, a Welsh brewery, formerly named LOKA POLLY, has been forced to rebrand following a complaint raised by a Swedish multinational conglomerate over the use of the LOKA POLLY name. This kind of dispute and rebranding experienced by the now-named Polly’s Brew Co is unfortunately […]

NI employers remain liable for higher holiday pay costs

By Leeanne Armstrong In a landmark ruling the Court of Appeal (CA) yesterday upheld an Industrial Tribunal (IT) decision that police officers and civilian staff are owed substantial back pay in respect of underpaid holiday pay. (Alexander Agnew & Others v Chief Constable for the Police Service of Northern Ireland & Others [2019] NICA 32) The original decision […]

New rules for enforced works

Decree-Law no. 66/2019 of 21 May was published recently to amend the rules on summonses to execute maintenance, rehabilitation or demolition works, and on their enforced execution. This legislation is part of the wider strategy of the New Generation of Housing Policies (NGPH), approved by Resolution of the Council of Ministers in May 2018. In accordance with the […]

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In brief: Use your telephone vote

VOTES are already flooding in by post for the prestigious The Lawyer/HIFAL Personality of the Year Award. Now The Lawyer has set up a 24-hour telephone voting hotline. Last year the former Law Society president Martin Mears was the profession’s choice. This year the Lord Chief Justice, Lord Bingham, Cherie Booth QC, Law Society president […]

Charity's commercial edge

The perception that trusts are relevant only to private client practitioners is outdated and fails to take account of the role of trusts in areas such as off-balance-sheet financing, securitisations and many other commercial arrangements. This article seeks to highlight some of the most common commercial uses of charitable trusts, and discuss the issues involved. […]

DAC calls in Mathieson to spearhead media side

A leading defamation specialist, Keith Mathieson, has left Oswald Hickson Collier to build up the media practice at Davies Arnold Cooper. He joins the commercial litigation department as a partner and has brought his assistant solicitor Kirsty Watt with him. Mathieson advises mainly on libel, copyright, passing off, confidentiality and contempt of court. He is […]

Partners get fees ultimatum

Two partners at an Uxbridge practice have been given a six-month ultimatum to pay £14,000 in barristers fees. The Solicitors Disciplinary Tribunal heard last week how Tony Foss and Clinton Worsfold, of Garner Foss & Worsfold, owed fees stretching back 10 years. Gerald Lynch, representing the Law Society, told the tribunal that the debt at […]

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