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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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CC partners face extra year for rise

Partners at Clifford Chance may have to wait longer to be promoted to the top level of partnership within the new merged firm. It is believed that under the new regime it will take an extra year for partners to reach “plateau” level. At present a newly promoted junior partner can expect to reach that […]

In brief: The Director of the Office

The Director of the Office for the Supervision of Solicitors has given evidence at an industrial tribunal after being accused of overseeing a culture of racism while at the CPS. Peter Ross, formerly branch manager of the Bow Street offices of the CPS before joining the OSS three years ago, is accused of race and […]

PFI lawyers see good times ahead after Treasury announces u12bn injection

Private Finance Initiative lawyers are predicting a boom in work after the Treasury announced plans to treble PFI spending to u12bn. Nick Maltby, a partner and PFI expert at Pinsent Curtis, says: “New investments will mean more money for advisers so fees are going to be substantially higher.” Maltby says PFI lawyers were worried a […]

SIF bows to pressure from City

The Solicitors Indemnity Fund (SIF) has finally yielded to pressure from City firms to allow bigger “deductibles” on their SIF contributions. The climbdown, announced at last week’s Law Society council meeting, comes a year before the monopoly is to fold. Council members voted to let the 67 firms in the country that earn more than […]

International ruling lifts curse for Egypt investors

Lawyers are predicting an influx of UK investment into Egypt after the country’s government has been forced by an international body to recognise treaty rules on contracts for the first time. The International Centre for the Settlement of Investment Disputes (ICSID), affiliated to the World Bank, pushed a $60m claim by British hotel group Wena […]

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