By Simon Clark, Gawain Moore According to a recent case, Zinc Hotels (Investment) Limited and others v Beveridge and others  EWHC 1936 (Ch), the court does not have power to appoint additional administrators except within the constraints of paragraph 103 of Schedule B1 to the Insolvency Act 1986. Where administrators are appointed out of court by the […]
By Simon Clark, Gawain Moore In General Mediterranean Holding SA SPF v Qucomhaps Holdings Ltd the Court of Appeal had to consider if and when a commercial lender’s acts or omissions in relation to its security will release a guarantor from its obligations. The court found that in the absence of express terms, any equitable duty […]
By Simon Clark, Gawain Moore The decision in Davey v Money  EWHC 766 (Ch) serves as a useful reminder of the potentially broad-ranging scope of liabilities that secured creditors, such as financial institutions, may be exposed to during the course of an administration. Background Mr Davey was the sole director and shareholder of Angel House Developments […]
By Simon Clark, Gawain Moore The Court of Appeal has provided useful clarity for insolvency practitioners regarding the status of funds held in court as security for costs. It is clear from the judgment that the payer of the funds retains an interest in the money subject to the security interest. The case also reaffirms […]
By David Smedley, Andrew Rayment Bellman v Northampton Recruitment Ltd – Employer held liable for managing director’s violent conduct The Court of Appeal has found a company vicariously liable for the violent conduct of its managing director at a Christmas party where the attack left an employee severely disabled.
By Deborah Sheldon The Court of Appeal has found that a registered proprietor whose title originates from a forged transfer is able to defeat an application for rectification based on adverse possession due to the expiry of limitation. This case looks at the complex issue of whether an application for rectification of the proprietorship of […]
By Ben Watson As with any new business model, awareness of employee ownership has taken some time to reach critical mass. However, the creation of a new form of employee ownership trust with generous tax breaks in 2014 and the launch of an independent inquiry by the government in 2017 entitled ‘The Ownership Dividend’ have […]
By Stuart Murray The future profitability and viability of many telecoms networks and the services provided over them could depend on decisions OFCOM is about to make on new regulations for digital infrastructure. Now is the time to act. Which appeals to you more this Christmas? Joining a luxury cruise in the Caribbean or getting […]
By Gary Roscoe TLT has reunited with clean energy investor Blackfinch Investments and Santander to complete the acquisition and project funding for two additional onshore wind turbines. The turbines – each with a 500kW generation capacity and located near Kingston upon Hull, East Yorkshire – were acquired through Blackfinch’s renewable energy investment entity, Sedgwick Trading.
By Aurélie Mingels On the 28th of November, the Dutch Health and Youth Care Inspectorate (‘Inspectorate’) published the results of its investigation into the practice of the Academic Medical Centre Amsterdam (‘AMC’) of the pharmaceutical compounding of an alternative to the medicine CDCA. Leadiant, the pharmaceutical company which owns the rights to the production of CDCA, had filed […]
Norton Rose Fulbright has launched a graduate scheme focusing on legal operations, as law firms continue to rethink the way its services are delivered. The scheme stems out of the firm’s change and innovation program NRF Transform. It will initially offer two roles available from March 2019, followed by four other positions opening next September that […]
Baker McKenzie is developing an information governance project to help clients redesign the way they handle data in light of a tighter regulatory framework. The ongoing project, which started last April, is currently led by the firm’s London-based global ediscovery and data advisory managing director Bryant Isbell and Toronto IT partner Theo Ling. The duo […]
4 Pump Court silk Alexander Gunning QC has joined magic circle chambers One Essex Court in a key boost to the set’s arbitration group. Gunning was first called to the Bar in 1994, taking silk six years ago with a practice focused heavily on international arbitration, as well as commercial in the energy, insurance, construction […]
Associates at Slaughter and May are in line to pick up Christmas bonuses of up to 14 per cent and will also receive salary raises in the new year. Newly qualified (NQs) will receive an extra 8.25 per cent of their basic salary as a bonus, while 4.5 to 6.5 year PQEs will receive 14 per cent. […]
Riverview Law has made its first significant hire since being brought by EY four months ago, appointing a former Barclays general counsel to a new director role. Rob Dinning will be a director of legal function co-sourcing, a new unit within the business that helps global corporations change their operating model to achieve a combination of […]