Financing

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Latest Briefings

Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of Guernsey and Jersey companies

By Oliver Quarmby, Alexandra O’Grady The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture […]

Right of first refusal clauses are now recognised by Bulgarian courts

By Diana Dimova, Nina Tsifudina The Bulgarian Supreme Court of Cassation (“Supreme Court”) has recently issued a decision (No.19, dated 8 August 2019, under commercial case No. 2511/2017) that recognises for the first time the concept of right of first refusal (“ROFR”) clauses. This decision opens the door for the enforcement of such clauses in Bulgaria. It […]

Serbia Signs the Singapore Convention

By Milan Lazic, Milica Savic On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the […]

The Basics: How to enforce a domestic judgment in England & Wales

By Tom Price, Daniel Wood, Christopher Richards Whilst receiving a judgment in your favour may feel like the culmination of a potentially lengthy legal process, it may be just the first step (though an important one) on the path to financial recovery. In our latest insight, we look at how and when you can enforce […]

Regulation of Artificial Intelligence and Big Data in the UK

By Matt Hervey, John P Cooper As the seat of the first Industrial Revolution, the UK has a long history of designing regulatory solutions to the challenges posed by technological change. However, regulation has often lagged behind – sometimes very far behind – new technology. Artificial Intelligence (AI) is proving no exception to this historical […]

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The fatal flaw of Claims Direct

Claims Direct’s commercial director did not mention the the most contentious part of his firm’s service – the reason why many personal injury specialists consider the scheme inappropriate (The Lawyer 6 October). He refers to the client paying 30 per cent plus tax if compensation is recovered. In fact that is only paid if compensation […]

Knight puts tunnel project back on track

Bill Knight of Simmons & Simmons is leading a legal team which claims to have saved the Channel Tunnel Rail Link (CTRL) project from disaster. His team of up to 48 lawyers created structural and financial solutions over the summer that will allow Railtrack, a long-standing client, to acquire a stake in CTRL after it […]

Divorce laws ignore heart of the matter

Divorce law reform may speed up the process, but the emotional costs will be high, says Simone Katzenberg. Simone Katzenberg is a partner at Ross & Craig and author of the series The Seven Stages of Divorce – part four of which is due to be published on 12 November. The Lord Chancellor, Lord Irvine, […]

London faces legal aid 'chaos'

The Legal Aid Practitioners Group (LAPG) has warned of legal aid “chaos” in London next month when a computerised system is introduced – following a catalogue of delay, non-payment and errors made by demoralised Legal Aid Board (LAB) staff throughout the country. The dramatic accusations, backed by the Law Society, come on the eve of […]

In brief: Martin Bowley QC

Due to a typing error it was incorrectly stated in Martin Bowley QC’s column last week that a 1 per cent levy on the Bar’s gross fee income would provide an award of £12m for 750 pupils. The figure should have been £12,500 for each of the 750 pupils.

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