Victoria drops minimum wage plan

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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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In brief: Penningtons cuts back on office space

City firm Penningtons has given up its eighth-floor offices in the Dashwood House block. Penningtons, currently believed to engaged in demerger talks with partners from its Bournemouth office, will continue to occupy 25,000 square feet of space on the first four floors of Dashwood House.

The Lawyer Inquiry: Catherine Reed

Catherine Reed is a trainee at Denton Hall. Before training as a lawyer she worked at the BBC World Service. What was your first job? Radio production assistant What was your first-ever salary as a lawyer? £11,000 before I started my articles. What would you have done if you hadn’t become a lawyer? A radio […]

Portman Steps-Up

– The Portman Building Society has launched a fourth issue of its Step-Up Bond with a minimum investment of just £500. Gross rates of return increase from seven per cent in the first year to 10 per cent in year four. The launch of the bond follows the rec

Long live the SFO

The Serious Fraud Office must feel it has been put through one of its own long investigations after the Davie and Graham reports. It has been acquitted, but the process will have been chastening. It is probably truer of the SFO than other bodies that there is no alternative. To have buried it in the […]

Time to think again

In-house lawyer Susie Flook has moved from US-owned food producer CPC, where she was group legal counsel and company secretary at its UK subsidiary, to Guinness as intellectual property lawyer reporting to the company’s group legal director Kenneth Mildwaters. Australian-qualified Flook spent seven years at CPC and five years before that at Coca Cola. She […]

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