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Latest Briefings

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

English Courts grant freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

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Financing

Manches & Co acted for Saur (UK) in securing a £50 million loan from a syndicate of banks led by National Westminster Bank. Clifford Chance represented the National Westminister syndicate.

In brief: Former West lawyer appeals suspension

Cheltenham sole practitioner Howard Ogden, Frederick West’s former lawyer, is appealing against his one-year suspension from practice following a disciplinary hearing into his conduct. At the solicitors’ disciplinary tribunal last week, he admitted acting in a way likely to bring his profession into disrepute and allowing a conflict of interest to arise. An allegation of […]

Rabbatts to front local authority

THIS YEAR’S weekend school of the Law Society’s Local Government Group will cover areas ranging from environment to education. The event, to be held at the University of Wales in Swansea from 28 to 31 March, will also deal with IT planning for local authority legal departments, plain English, and powers of local government. As […]

In brief: Dibbs unveils new local government unit

Dibb Lupton Broomhead has set up a new local government unit under the leadership of commercial group partner Tony Randle. The unit already advises local authority clients including Shropshire, Herefordshire and Worcestershire and West Sussex county councils, Solihull Metropolitan Borough Council and the London Borough of Croydon. It has launched a regular newsletter called Futures […]

Over 200 law firms sign up with legal costs plan

AROUND 250 firms have registered to join a scheme which offers after-the-event funding to litigants without the means to pursue claims. LawAssist, the litigation costs plan offered by Greystoke Legal Services, aims to help individuals who do not qualify for free legal aid and who do not have the savings to risk taking court action […]

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