Verdict clears way for lease buy-outs

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Latest Briefings

Lisbon Annual Report: Riding the wave

For VdA’s executive group partner, “law firms are under pressure to provide a top quality service, more efficiently”. The article analyses the portuguese market on business advocacy, after consulting some lawyers of the best portuguese law firms. The biggest law firm in Portugal are experiencing substantial growth, but managing partners are well aware that a downturn in […]

Portugal: Patent litigation law review

By António Andrade, Marta Alves Vieira The Portuguese patent litigation system has some particularities that make it a rather unique system. In Portugal, patent litigation generally takes place before the Intellectual Property Court (the Court). This specialised state court, with jurisdiction at a national level, has been operating in Portugal since 30 March 2012 and is […]

Can commonhold be reinvigorated?

By Michael Callaghan and Melissa Barker The Law Commission has issued a substantial consultation seeking to improve the manner in which the commonhold system operates and to persuade existing leaseholders to move to a commonhold structure. Background Commonhold is an alternative to long leasehold ownership of property. Instead of a landlord and a number of tenants, […]

In what circumstances can additional administrators be appointed?

By Simon Clark, Gawain Moore According to a recent case, Zinc Hotels (Investment) Limited and others v Beveridge and others [2018] EWHC 1936 (Ch), the court does not have power to appoint additional administrators except within the constraints of paragraph 103 of Schedule B1 to the Insolvency Act 1986. Where administrators are appointed out of court by the […]

What is the extent of a secured creditor’s equitable duty to a guarantor?

By Simon Clark, Gawain Moore In General Mediterranean Holding SA SPF v Qucomhaps Holdings Ltd[2018] the Court of Appeal had to consider if and when a commercial lender’s acts or omissions in relation to its security will release a guarantor from its obligations. The court found that in the absence of express terms, any equitable duty […]

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Law Society rules on corporate pensions

Bob Butler, head of the Law Society’s monitoring unit, has confirmed that lawyers will receive no further formal guidance on what constitutes corporate pensions business. Instead, solicitors are required to use their own common sense in declaring to the Law Society that they are involved in work which may constitute arranging corporate, rather than personal, […]

Firms boost profit despite static fees

LAW firms are managing to boost profits despite static fee income, according to a snap-shot survey. Cutting staff costs, reducing overheads and an increase in the use of technology have been the back-bone of the improvements. But the smaller firms, those with less than 10 partners, have continued to struggle and have failed to increase […]

UK slams establishment delay

UK LEGAL representatives have criticised the European Commission over its lack of action in releasing a draft directive on rights of establishment. The commission had been expected to raise the matter in Brussels last Wednesday, but it did not come up. Sources predict it will be scheduled at the commission’s next meeting in Strasbourg on […]

Greenwoods wins Railtrack debt work

RAILTRACK has picked Peterborough firm Greenwoods to carry out its debt recovery work for England and Wales. The 14-partner practice saw off competition from about eight other firms to be selected for the contract. Managing partner Michael Taylor says he is “absolutely delighted”. “It is a substantial amount of work – in the region of […]

In brief: Pinsents takes on new marketing head

Birmingham-based law firm Pinsent & Co has appointed former Coopers & Lybrand business, planning and development manager Meirion Jones as its new head of marketing. Pinsents senior partner Julian Tonks says: “Law practices are facing similar opportunities to accountancy firms in terms of competitiveness. Meirion’s experience in this field is an important asset to the […]

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