DPAs and associated guilt: How the recent SFO case collapsed

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Related briefings

Busy lenders’ monthly round-up – July 2019

By Deborah Sheldon Each month we summarise the latest news and developments in retail mortgage lending and regulation. This month in summary: News Potential stamp duty rebates for investors Moving to online courts Electrical safety in the private rented sector End of help to buy and possible rise of shared ownership Fraud increases overall yet […]

The return of the Crown preference from 6 April 2020

By James Forsyth The draft Finance Bill 2019-20 was published on 11 July 2019. It includes, amongst other provisions, changes to reinstate HMRC’s status as a preferential creditor in relation to certain debts in corporate insolvencies. This will have an impact for all shareholders and creditors in corporate insolvencies where HMRC is also a creditor. […]

Hospitality seventh sector deal: Q&A with UKHospitality’s Kate Nicholls

By Piers Warne The Secretary of State for Digital, Culture, Media and Sport Jeremy Wright confirmed the Government will begin negotiations with the hospitality sector in relation to their ambitious Industrial Strategy sector deal for tourism in the UK. This will see tourism (and hospitality more generally) recognised as the seventh sector to be given […]

Can you bypass collective bargaining?

By Stuart McBride If you are in the process of agreeing terms via collective bargaining, or already have agreed collective terms through an established bargaining unit, stringent restrictions apply on negotiating directly with employees. If you are in the process of agreeing terms via collective bargaining, or already have agreed collective terms through an established […]

Latest Briefings

2019 Global Survey on the Commercialisation of Disputes – Cayman Islands

By Paul Smith, Spencer Vickers Q. Are lawyers able to enter into contingency /damages sharing agreements with clients? No, contingency fee agreements are unlawful. However, it is lawful for lawyers to enter a fair and reasonable conditional fee arrangement for an increase in fees to reflect the nature of the risk undertaken by counsel in accepting […]

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 […]

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