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Latest Briefings

Issues concerning construction and enforceability of settlement agreements

By Craig Orr Zurich Insurance v Hayward has drawn attention to the scope for parties to re-open settlements when new evidence disproving the other side’s case later emerges. Craig Orr QC considers this and other issues concerning the construction and enforceability of settlement agreements, by reference to modern English and Commonwealth authority.

Romanian Competition Council’s conclusions on retail banking sector inquiry

By Iustinian Captariu, Theodora Stoica Following the adoption of EU Directive (EU) 2015/2366 of the European Parliament and Council of 25 November 2015 on payment services in the internal market (“PSD2”), the Romanian Competition Council (the “RCC”) launched in 2016 a comprehensive study of the Romanian retail banking market. PSD2 is expected to fundamentally change the way […]

Canada: Federal government to implement Wells v Canada

By Jaimie Lickers, John J. Wilson Yesterday, representatives of the federal government and the Qalipu Mi’kmaq First Nation of Newfoundland announced that – as a result of the litigation advanced by Gowling WLG – it will reassess approximately 58,000 membership applications for membership denied on the basis of the evidentiary criteria set aside in Wells v. Canada. […]

MPs can depend on government to renegotiate as part of meaningful vote

By Kieran Laird In the political tempest of the last couple of days it would be easy for a report by a Parliamentary committee to slip under the radar unremarked. However, today’s report by the Commons Procedure Committee concerns the very live issue of the form of the motion on which MPs will have their meaningful […]

Can the UK reverse out of Brexit?

By Kieran Laird In a few weeks MPs will be asked to vote to approve the Withdrawal Agreement and political declaration on a future trade deal negotiated by the government. At present, the mood music is that many – both pro- and anti-Brexit – dislike the package. However, whether or not they vote against it will, […]

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Hammond Suddards launches Hammonds Business Support

Hammond Suddards has amassed a team of senior bankers, accountants, lawyers and other professionals to form Hammonds Business Support, a new service for small and medium-sized enterprises. The new service is an independent arm of the national firm and aims to help troubled companies develop and implement turnaround strategies and encourage lenders and creditors to […]

B&M to set up UK insolvency group

Baker & McKenzie is setting up its first corporate recovery division in the UK. Jeremy Goldring, an insolvency partner who joined the firm from Dibb Lupton Alsop (The Lawyer, 9 August), is spearheading the move. Goldring plans to recruit partners from finance, corporate, dispute resolution and other departments which fall under the insolvency umbrella. He […]

Lord Chancellor to crack down on use of QCs

Lord Irvine says he plans to introduce much tighter new criteria into the Criminal Legal Aid Regulations which must be met before an application to increase or alter the number or seniority of advocates is made to the Crown Court. In future, he says, it must be shown that the case warrants the assignment of […]

Herbert Smith Bangkok hires first Thai lawyer

Herbert Smith’s Bangkok office has hired its first Thai partner. Top corporate lawyer Kowit Somwaiya joins the office from his own firm, George & Kowit, where he was senior partner. He joined Herbert Smith last Monday and will be followed by a team of two or three assistants. He will concentrate on financing, restructuring, banking […]

Appeal Court action for SIF

The Solicitor’s Indemnity Fund must go to the Court of Appeal in a compensation battle against a property developer. The move follows a payout made in a claim in respect of a property venture between the developer and a solicitor. The Court of Appeal set aside a £304,777 High Court award for damages and interest […]

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