Report reveals courts cost £1.5bn a year

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Latest Briefings

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes They represent 50% of the working population and are as many or more educated and qualified as they are. However, the problem of gender diversity (or lack of it), especially in top positions in organizations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

Recommended

Presidential treat

Thanks go out to Kevin Martin, outgoing president of the Law Society, for inviting Tulkinghorn down to the organisation’s annual council dinner on 12 July. There were more titles on show than a Lord Levy fundraiser and Martin was on great form, with a farewell speech that brought a tear to every eye in the […]

A&O taps bank for £75m to cover HQ relocation

Allen & Overy (A&O) has secured a £75m bank facility to help cover the cost of its new offices at Bishops Square. The loan was put in place last year to augment the current £65.8m cash surplus A&O has built up via retained profit to pay for the move, planned for this October. A&O finance […]

BLP’s fast action hero

It’s not often Tulkinghorn can say this, but some news of a genuinely heroic nature reached Tulkinghorn last week from Berwin Leighton Paisner. It was in the form of an email circulated by corporate finance partner and partnership board chairman Peter Robinson, to ‘everyone’, entitled “Adrian Rough” (one of the firm’s backroom unsung heroes). It […]

Directors to benefit from age rules

Companies fear being forced to follow statutory employment guidance for directors to avoid falling foul of age discrimination legislation. All large companies expect to have to change the way directors are hired and fired when the new legislation comes into force in October, according to the results of a new survey. Company directors are traditionally […]

Unichem GC snares Boots’ top job

Boots Group’s company secretary Michael Oliver is set to retire following the pharmaceutical giant’s multibillion-pound merger with Alliance Unichem, leaving Alliance Unichem general counsel Marco Pagni to take over as general counsel of the merged legal function. According to well-placed sources, Boots is unlikely to make any redundancies in its legal department as a result […]

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