Latest Briefings

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

Competition law – welcome guidance in a time of crisis

The Competition and Markets Authority (CMA) has published helpful guidance on how it will apply competition law in light of COVID-19. Meanwhile, the government has taken the unprecedented step of relaxing competition law in certain sectors. In the round, these developments offer welcome guidance and comfort – but they also serve as a timely reminder […]

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LMI analysis: Thomas Cook

After coming close to collapse in 2011, in 2015 Thomas Cook returned to profit for the first time since 2009. However, terrorist attacks in Tunisia and Egypt, a crippled Greek economy and reputational damage have all hit the company hard and plenty of challenges remain for the UK’s oldest travel operator

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Thomas Cook promotes from within as GC Stoehr packs bags

Thomas Cook’s general counsel and chief corporate officer Craig Stoehr has quit the company, with UK and Ireland legal head Alice Marsden named as his successor. Stoehr joined the travel company from Eastgate Capital Group in 2012 and was appointed as chief corporate officer in December 2014. As part of the executive board Stoehr was […]

Thomas Cook GC Stoehr brands formal panels a “waste of time”

Thomas Cook’s general counsel Craig Stoehr deliberately avoids getting bogged down in formal tender processes – much preferring to instruct external counsel based on personal relationships. “I find formal panels an absolute waste of time,” he admits, refreshingly. And the approach certainly seems to be effective . Stoehr has helped Thomas Cook to dispose of […]

Craig Stoehr

The in-house interview: Thomas Cook’s Craig Stoehr

Leisure is hard work in the internet era, especially for Thomas Cook GC Craig Stoehr, who is helping to reinvent the traditional tour operator You might think it’s all sun, sea and sand for Thomas Cook’s first general counsel Craig Stoehr, but his success in steering the company against the tide of online competitors proves […]

Ashurst signs up with alternative provider to boost NewLaw unit

Ashurst has struck a partnership with an alternative managed services provider to support its global NewLaw team Ashurst Advance. The firm has teamed up with provider Cognia Law to scale up its delivery of legal services across its network, with the opportunity of increasing the number of projects at hand. The demand for more cost […]

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