The end cost

Liquidation expenses: a victory for floating charge-holders? Anne Sharp investigates

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

Recommended

DLA strengthens ties in Norway and Denmark

Scandinavian DLA Group member Lindh Stabell Horten (LSH) will today rebrand two of its offices as DLA Nordic, in a move that sees the firms strengthening their operational ties. In Norway and Denmark, LSH will now have the DLA name, with LSH in Sweden expected to rebrand in the near future.

Sidley Austin clients round on tax shelter ruling

More than 40 former Sidley Austin Brown & Wood clients are to appeal a ruling by a US federal judge last week, ordering the US firm to turn over clients’ names to the Inland Revenue Service (IRS) in relation to a tax shelter investigation. In November 2003 a Senate subcommittee report revealed that legacy firm […]

The magic spongers

The Inland Revenue’s attack on the football creditor rule could see the sport’s special status annulled. Amanda Milsom and Sohrab Daneshku report

Clifford Chance reaffirms Prague commitment with new office

A year after the mooted closure of its Prague office, Clifford Chance is set to take new premises in the Czech capital. The firm has instructed property consultants DTZ and is negotiating terms over 1,200 square metres of space in two centrally based Prague properties – The Forum in Wenceslas Square and Jungmannova Plaza. The […]

Grapevine

Now and again a lateral hire hits the legal scene and shakes it to the core. Big name moves have, over the course of the last 12 months, come predominantly in the field of corporate. Remember how shocked the market was when Peter King upped sticks from Linklaters to Shearman & Sterling? King seemed to […]

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