The wages of professional inequality

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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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Coming to market

In the Cayman Islands, financial services initiatives include legislation addressing trustee investment powers and duties, and new rules facilitating private or special purpose trusts. Plans are also well advanced for the establishment of a Caymans monetary authority in January. The Proceeds of Criminal Conduct Bill was passed by the Cayman government and strengthens the Mutual […]

Leaky drums row

A South Wirral packaging company is to be accused in the High Court of supplying faulty drums to hold chemicals. In a £118,000 claim, chemical manufacturing firm Transpek Industry, of Vadodara, India, claims the drums supplied by Van Leer (UK), of Ellesmere Port, South Wirral, were claimed to be suitable for storage of the chemical […]

Mercury says enhanced software will reduce slip-ups

Mercury Computing has added new functions to its workflow management software, InControl Legal, that are designed to appeal to City and commercial practices. InControl Legal is an information management system designed to help solicitors manage their workloads and simplify quality assurance and legal aid franchise requirements. The system is compatible with most software packages and […]

Mock trial exposes dangers of expensive contamination cases

A MOCK trial organised by the Sheffield business community has highlighted the dangers posed to local authorities by the government’s planned contaminated land laws. The trial, organised by the Sheffield Green Business Club at Sheffield Magistrates Court, saw a Sheffield City Council environmental health officer serve clear-up notices on two imaginary companies. Nabarro Nathanson solicitor, […]

Another taste of Gaelic

Regarding the Tulkinghorn column in The Lawyer 30 April, I believe the Gaelic phrase for which your correspondent was searching is actually “Slan leat” meaning (literally) “[good] health [remain] with you”. Slan agus beanachd. Craig Dunford Middlesex.

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