Latest Briefings

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

Competition law – welcome guidance in a time of crisis

The Competition and Markets Authority (CMA) has published helpful guidance on how it will apply competition law in light of COVID-19. Meanwhile, the government has taken the unprecedented step of relaxing competition law in certain sectors. In the round, these developments offer welcome guidance and comfort – but they also serve as a timely reminder […]

Recommended

Litigation Disciplinary Tribunals 04/07/95

WILLIAM RAYMOND HAYNES, admitted 1981, practised as Haynes & Co, London SW12, struck off and ordered to pay £1,525 costs. Allegations substantiated he failed to cooperate with Solicitors Indemnity Fund or its agent in order to enable notified claim in respect of which indemnity was provided to be dealt with appropriately, failed to comply with […]

Barings never a SSPF risk

I wish to correct any misunderstanding that may have arisen by the reference to the Solicitors Staff Pension Fund in the cover story ‘Middle Temple hit by Barings fall’ (The Lawyer 28 March). For the record, the only part of the fund at risk during the period of administration was the credit balances held with […]

Irving goes to BDO as unit director

Leading legal IT consultant John Irving is joining BDO Stoy Hayward as director of the professional practices unit. Irving, who has been running his own consultancy for over a year since leaving Robson Rhodes, says: “I am delighted with the development.” The move will enable him to undertake larger projects which he says he had […]

Endowment trading may have legal snags

Solicitors with clients who invest in the traded endowment policies market have been warned to advise clients to guard against potential pitfalls when buying policies. Michael Lopian, of Manchester firm Lopian Wagner which acts for leading market maker Policy Portfolio in the area, says the rapid increase in investment in the field is revealing a […]

Practices deny power backlash

Law practices which acted as share shops for the PowerGen and National Power issue say they have not suffered a client backlash in the face of the post-launch debacle. Seven of the 130 share shops which handled the share issues last month were law firms, and reported high levels of interest from potential investors ahead […]

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