Latest Briefings

Trends in transatlantic acquisition finance

Contents A transatlantic future The US influence on the European market The rise of the non-bank lenders The patchwork of Europe The political impact Case Study: Financing Bain’s Acquisition of Kantar from WPP Team structure Conclusion: what next? Key takeaways The convergence of documentary terms, investors and commercial approaches across the European and US loan […]

MLD5 update and new EU AML action plan

The European Commission has issued a recent update on the Fifth Anti-Money Laundering Directive (MLD5). We examine what the MLD5 entails and outline the next steps to be taken.

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 […]

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'Solicitors benefit from disabled bill'

The main topic of interest in 1995 for members of the Law Society Group for Solicitors with Disabilities, as for any person with a disability, is likely to be the progress of the new Disability Bill through Parliament. Heralded as ” the greatest advance for disabled people in the history of this country” by the […]

Inquiry gives IR increased access to files

The Inland Revenue will have increased powers to gain access to tax advisers’ confidential files, following the Government inquiry led by Law Society ex-president Philip Ely. Accountants Pannell Kerr Forster says it is concerned that this may represent a “serious invasion of privacy”. The firm says that safeguards called for by Ely have not been […]

Acquitted Scots partners slam 'groundless' fraud prosecution

TWO partners from the Scottish office of leading personal injury and trade union firm Robin Thompson & Partners were acquitted of fraud charges by the Edinburgh Sheriff’s court. Partners David Stevenson and Lawrence Lumsden had both denied accusations of overcharging other solicitors when recovering litigation costs after successful cases. The prosecution alleged they had overcharged […]

Scots anger over fee hike

HOGMANAY heralds further outrage for Scottish lawyers and court users over additional rises in court fees, including a half-hourly fee rate for the High Court. Both the Law Society of Scotland and the Scottish Consumer Council will lobby MPs on what the latter describes as “a further erosion of the Scottish civil justice system”. The […]

Mackay pulls up LAB over advert

THE LORD Chancellor has rapped the Legal Aid Board (LAB) over the knuckles for pre-empting his plans for legal aid reform. Lord Mackay wrote to Law Society President Charles Elly to stress his concern over a board advertisement which assumed block contracts would be introduced. Richard Collins, planning manager, originally said the board would not […]

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