Why getting the company name right is important
Often, a claimant seeking a county court judgment does not use the correct legal entity on the application. For instance, they might not realise that the company has a legal name registered with Companies House that is different to the trading name. Companies House If in doubt, check the legal name of the company, along […]
Scottish court actions
By Stephen Cowan Court actions can be separated into two distinct categories, determined by the level of debt being recovered: a) Simple procedure – actions for recovery of sums up to £5,000 b) Ordinary action – actions for recovery of sums in excess of £5,000 In Scotland, a creditor can seek recovery of interest at […]
Why landlords use Section 21
By David Asker At present, if a landlord needs to regain possession of their property, then Section 21 is the way forward unless they are prepared to gather and supply proof for a section 8 eviction, which can be time consuming and frustrating. Section 8 Section 8 grounds for eviction can be used for rent […]
Company Voluntary Arrangements and enforcement
By Jeremy Frost What is a Company Voluntary Arrangement (CVA)? The process of Voluntary Arrangement is a further result of the Insolvency Act 1986. Although only seven sections cover their formation, describing what they are is very much dependent on your experience of them. At the time of writing, the procedure is being used regularly […]
Q&A – High Court enforcement for business webinar
By David Asker If the debtor liquidates whilst you are obtaining the writ, can enforcement commence? Unfortunately, if the debtor goes into liquidation, we are unable to carry out enforcement. If a creditor has not asked for interest after judgment in the original claim and original agreement, then interest cannot be added. Is this correct? The […]
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Finance lawyers dominate in FTSE350 in-house teams
Almost half of all the lawyers at the companies in the current FTSE350 that have a UK-based in-house legal team work in the banking and finance sector, The Lawyer can reveal. According to data compiled for the new FTSE350 report, 40 per cent of the lawyers tracked at in-house teams in the UK work for […]
The speed read: Clifford Chance’s canny graduate strategy; bye-bye Ballheimer; and 2020 predictions
Firms serious about bagging the best graduate talent should take a look at Clifford Chance A few years back, a bunch of firms set up events for first-year law undergraduates – a group long ignored on the milkround in favour of second and third-years. We predicted what seemed like the obvious conclusion: the war for […]
Shearman and King & Spalding lead on takeover of Eddie Stobart
A pair of US firms have advised on the takeover bid of haulage company Eddie Stobart as its shareholders have approved its rescue by asset manager DBAY Advisors. King & Spalding’s London corporate partners William Charnley and Marcus Young advised Eddie Stobart, which had to secure £55m bailout funding from Douglas Bay Advisors, on the […]
A&O and ENSafrica lead on South African Airways rescue
South African firm ENSafrica and Allen & Overy are leading on the business recovery of one of Africa’s largest airlines, South African Airways, saving it from collapse. ENSafrica’s chairman Michael Katz is leading for the airline on behalf of the National Treasury of South Africa, which manages its national economic policy. South African Airways is […]
Jones Day set to bid farewell to Russia with office closure
Jones Day is to shut its doors in Moscow, The Lawyer understands, after setting up in Russia 16 years ago. The decision means the US firm will no longer have a fixed presence in the country, with the closure expected later this year. Jones Day initially entered the Russian legal market back in 2003, with a total […]
Mayer Brown jumps on innovation bandwagon with new ’embrio’ programme
Mayer Brown’s managing partner Jeremy Clay is backing a new global innovation plan to trial new technologies.