Latest Briefings

Roberts case – a summary

The name of this case may seem familiar; perhaps too familiar given the time it usually takes for matters to proceed through our court system. However, you’d be right. This is the third preliminary issue in the matter of Harry Roberts (a minor and a protected party by his mother and litigation friend Mrs Lauren […]

Covid-19: Duties of Guernsey directors

As companies continue to adjust to operating under the various regimes put in place by both the States of Guernsey and governments globally in response to the COVID-19 pandemic, and even now look forward to how and when restrictions may be eased, the Guernsey Financial Services Commission (the GFSC) has issued guidance on matters they believe directors should give particular regard to when undertaking their role.

Retrospective submission of a contract of sale

On 8 May, 2020, the Supreme Court of Cyprus delivered its much-awaited judgement in the context of the appeal 68/19 (Appeal), granting leave for the submission of an application for the issuance of a Certiorari, a prerogative writ.

Covid-19 litigation update

New Practice Direction 51ZA Extension of Time Limits and Clarification of PD51Y Almost three weeks ago saw the publication of the 118th Practice Direction Update to the Civil Procedure Rules. This new practice direction, namely practice Direction 51ZA, sought to revise the usual procedures for the extension of time limits and to provide clarification on […]

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Flotation

Richard Lee of Addleshaw Booth & Co advised Airtours on its u250m offering of Subordinate Convertible Bonds to shareholders.

It has been a bad week for…

Exeter solicitor Nigel Chubb and his firm Richards Chubb who are being sued for £1.5m in damages in the High Court. Chubb is accused of negligence in the handling of the purchase of a helicopter hangar, a coach house and a barn for their subsequent conversion into holiday flats. His ex-client, a property development company, […]

Milbank Tweed tops global poll

Milbank Tweed Hadley & McCloy has won the global top spot as the leading project finance adviser, according to a survey. The US firm advised on 45 transactions worth u20,439m between January 1997 and August 1998. Of the City firms, Allen & Overy beat Clifford Chance to third place, advising on u11,875m worth of transactions. […]

Property battle lost

The international property battle arising out of the collapse of Asil Nadir’s Polly Peck empire has finally reached the House of Lords. However, it has ended in failure for four Greek Cypriot companies that had sought to sue the admin-istrators of Polly Peck International in the UK courts in respect of property in the unrecognised […]

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