On 14 April 2021, in IGE v HMRC allowed GE’s appeal against the decision of Zacaroli J.
This article looks at the recent case of In the Matter of Prudential Assurance Company Ltd and Rothesay Life Plc and the recasting of the principles to be applied on an application for sanctioning an insurance transfer under Part VII of the Financial Services and Markets Act 2000.
In its judgment in Berkeley Square Holdings & Ors v Lancer Property Asset Management Ltd & Ors, the Court of Appeal has provided important clarification of the scope of three separate exceptions to without prejudice privilege, including one which has never previously been applied in England, and another for which the legal basis has been notoriously unclear.
It is understood this would – if awarded – have been the largest payment of security ever ordered by the English Courts.
The judge’s interpretation of each of CPR 17.1(1), CPR 17.2, CPR 17.4(3), CPR 19.4(4) and CPR 19.5(3) all raised novel issues not previously decided by the courts.
Last year saw a resurgence in listed companies incorporated in the Cayman Islands, with links to Asia, de-listing from global stock exchanges. This is a trend continuing in 2021.
In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy.
On 22 September 2020 the Office of Competition and Consumer Protection (UOKiK) fined liquefied petroleum gas (LPG) distributor AmeriGas Polska Zl730,000 (€160,000) for failing to notify a takeover.
The Grand Court has handed down an instructive judgment appointing “light-touch” provisional liquidators over Midway Resources International, a pan-African focused upstream oil and gas company, incorporated in the Cayman Islands.
Microsoft Teams already enables legal professionals to stay connected and collaborate seamlessly. With the addition of integrated applications, like NetDocuments, Teams can become an all-in-one solution for document creation in a secure and compliant environment.
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Magic circle firms have been modifying lockstep to compete with US rivals.
A bumper year for Singapore should give Paris pause for thought.
With London firms thriving in the city, Bristol’s old guard have competition on their hands.
Restructuring hires are on the rise but some firms may have moved too slowly.
What the magic circle’s 2021 partner promotions round can tell us.
House prices in London have been increasing faster than lots of lawyers’ salaries.
A holding company owned by Mike Ashley is bringing a competition claim against the Football Association Premier League following a failed Saudi Arabian-led takeover of Newcastle United Football Club (NUFC). With RPC partner Lambros Kilaniotis instructed as the claimant’s solicitor, St James Holdings Limited is suing the Premier League after its proposed takeover of the […]
While some firms opened offices in Dublin to avoid Brexit disruption, Stephenson Harwood set up a legal entity in Greece, its LLPs have revealed. To avoid any potential problems caused by Brexit, Stephenson Harwood has launched Bowen-Morris & Partners in Piraeus. This new entity emerged after the firm converted the branch to a Greek law […]
A Linklaters duo have left for a magic circle rival, The Lawyer can reveal, becoming partners in its City leveraged finance practice. Allen & Overy has hired Annette Kurdian and Robert Burt. Kurdian joined Linklaters in 2001 and became a partner in 2006. As part of her practice, she advises financial institutions and alternative credit […]
The independent review of last year’s Bar Professional Training Course (BPTC) has found that the three-way relationship between the BSB, the eight law school providers of the BPTC, and the electronic testing company Pearson VUE, which delivered the online exam, “ultimately contributed to the complexities in the booking and delivery of the examinations.” The Director […]
Baker McKenzie has returned its newly-qualified (NQ) salaries to normal rates, after a reduction during the pandemic last year. The firm crunched salaries by £2,500 (3 per cent) to £87,500 and dropped the sign-on bonus last June. The announcement came a week after Bakers had said it had no plans to reduce salaries for trainees […]
The past year has been one of disruption for businesses everywhere. Daily team catch-ups migrated to Zoom and progress meetings once rewarded with a pint are now paired with anxiety around job security. Responses to the pandemic, such as switching to remote working, have exposed the considerable inefficiencies of conventional working practices. Confronted with this […]
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