Square Mile

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Latest Briefings

2019 Global Survey on the Commercialisation of Disputes – Bermuda

Rhys Williams Q. Are lawyers able to enter into contingency/ damages sharing agreements with clients? No. These are prohibited by the Barristers’ Code of Professional Conduct 1981, Rule 96. The Bar Council has proposed allowing conditional/contingent fee structures however no steps have been taken to do so thus far. Q. Recoverability of client costs and/or success […]

Should inheritance tax be simplified?

By Aidan Grant The Office of Tax Simplification (OTS) has published a number of recommendations for how inheritance tax (IHT) could be amended and simplified. While these amendments do not go so far as to shake the foundations of the tax itself, nevertheless the proposals would require all practitioners to come to terms with the […]

Focus on IP Article

Rob Fahrenheim’s article has been published on the ‘Business Game Changer’ website, discussing the importance of protecting your Intellectual Property. Please read the full article below. Why protect your IP? Intellectual property rights are often a business’ best kept secret. Managers are typically well aware of the cost and value of their physical assets, such […]

Malcolm Gammie QC appears in the successful dismissal of an appeal by the administrators of Lehman Brothers

The Supreme Court handed down judgment in HMRC v Joint Administrators of Lehman Brothers International (Europe) (in administration) [2019] UKSC 12 on 13 March 2019.  Malcolm Gammie QC appeared for Her Majesty’s Revenue & Customs with Catherine Addy QC. The issue before the Supreme Court was whether the estimated £5billion of statutory interest that was payable under […]

Standard Life Aberdeen plc – successful outcome in arbitration

An arbitral tribunal established in respect of the dispute between the Standard Life Aberdeen (“SLA”) and Lloyds Banking Group / Scottish Widows (“LBG”) has ruled in favour of SLA. In particular, the tribunal ruled that LBG was not entitled to give notice, on 14 February 2018, to terminate the investment management agreements in respect of […]

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Who will gain from whistle-blowing?

Martin Chitty, head of employment, Wragge & Co Christopher Osman, head of employment, Clifford Chance William Dawson, managing partner, Simmons & Simmons Employment lawyers are gearing up for the results of a high-profile case which will put new whistle-blowing legislation to the test. Grey Communications Group’s former chief financial officer Roy Wilson is bringing a […]

Christopher Fowkes on the advancing Human Rights Act

Christopher Fowkes is a solicitor at Travers Smith Braithwaite. The Human Rights Act 1998 received royal assent last year, but implementation has been delayed to give the Government time to prepare. The act will be brought into force fully on 2 October 2000. The act will incorporate most parts of the European Convention on Human […]

In brief: Sinclair Roche & Temperley

Sinclair Roche & Temperley has appointed former Shanghai admiralty judge Chen Zhensheng as its senior People’s Republic of China legal consultant in Shanghai. Sinclair Roche has also appointed Adrian Clarke as its chief representative in Shanghai.

In brief: Dibb Lupton Alsop

Dibb Lupton Alsop has lost an associate from its e-commerce team to internet company EarthPort.com. Simon Deane-Johns, who dealt with the company for Dibbs, will join as director and general counsel.

Firm fights £1m damages bill

An Appeal Court challenge is being mounted by former law firm Simpson Curtis over a High Court decision which left it facing a £1m damages bill for breach of duty. On 28 May this year, Mr Justice Park held the firm liable for losses incurred after the collapse of a 1989 property deal. Simpson Curtis […]

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