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New Duty To Report Regulation is updated and will come into force from April 2017

Posted by Lynne on January 18th 2017
(banking finance, banking litigation, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, commercial property and real estate, commercial property and real estate services, Contract Law, Corporate and Commercial, Debt Recovery, dispute resolution, Employment, Insolvency, Litigation, Professional Negligence)

An updated set of draft regulations that specifically requires large companies in the UK to disclose their payment practices has been recently published and the legislative measures are intended to come into force as from April this year. The new ‘Duty to Report’ will lead to much greater transparency of the payment practices of the […]

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Chief Executive of the Law Society, England and Wales, speaks on Brexit

Posted by Lynne on June 29th 2016
(banking finance, banking litigation, Blog, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Contract Law, Corporate and Commercial, Debt Recovery, Employment, health & safety, health and safety, Industrial Diseases, Insolvency, IP, Sports and Media, Litigation, medical negligence, Personal, Personal Injury, Press Releases, Professional Negligence, Tax and Trust, Uncategorized, wills)

Catherine Dixon, chief executive of the Law Society of England and Wales, said yesterday, changes to key laws in the wake of Brexit could take years to accomplish and pledged the Law Society would work with the solicitor profession, their clients, the public and with government to support a calm transition in the wake of […]

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FCA’s proposed rules for the secondary annuity market published today

Posted by Lynne on April 21st 2016
(banking finance, Business, Litigation, Tax and Trust, wills)

The Financial Conduct Authority (FCA) has today published a consultation on its proposed rules and guidance for the secondary annuity market. The Government has confirmed that buyers and brokers in this market will need to be authorised by the FCA. The FCA has proposed that brokers must set out their charges upfront and agree them […]

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HSBC launch £10 billion UK SME lending fund today

Posted by Lynne on April 18th 2016
(banking finance, banking litigation, Business, business finance, Commercial Property, Insolvency, Litigation)

HSBC has today launched a £10 billion lending fund to support small and medium-sized enterprises (SMEs) in the UK. The fund is the largest package of support to be announced by HSBC for SMEs in the UK and has been introduced to meet growing demand. It is structured in a way to make banking more […]

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Insolvency News – Personal Insolvencies have reached their lowest point in years.

Posted by Lynne on February 1st 2016
(banking finance, banking litigation, Blog, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Corporate and Commercial, Debt Recovery, Employment, Insolvency, Litigation)

According to the latest official figures released by the Insolvency Service, Personal Insolvencies have reached their lowest point in ten years. A total of 79,965 personal insolvencies were recorded in 2015, marking the lowest annual total since 2005 according to the insolvency data and they were down by nearly one fifth compared with 2014. The […]

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Happy Christmas From The Ministry of Justice! Present For Rogue Directors & Dodgy Directors

Posted by Lynne on December 17th 2015
(asbestos, asbestosis claims, banking finance, banking litigation, Blog, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Debt Recovery, industrial deafness claims, Industrial Diseases, Insolvency, Litigation, mesothelioma, Personal Injury, Professional Negligence)

Justice Minister Lord Faulks has announced that the recoverability of success fees and After The Event insurance premiums (ATE) will be removed. IP’s now have a limited time to review potential cases, enter into Conditional Fee Agreements and obtain ATE cover (which may require Counsel’s advice). As IP’s will be aware, the MoJ dropped plans […]

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Hallowe’en Horror Story – The Government has announced further increases of fees for insolvency proceedings.

Posted by Lynne on October 31st 2015
(banking finance, banking litigation, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Debt Recovery, Insolvency, Litigation)

Petition Costs and OR Fees in Bankruptcy and Compulsory Liquidation will rise from 16 November 2015 Pursuant to The Insolvency Proceedings (Fees) (Amendment) Order 2015 No 1819 from 16 November 2015 the costs of presenting a bankruptcy or winding-up petition will increase. This Order makes amendments to the Insolvency Proceedings (Fees) Order 2004 as follows: […]

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Court fees could double

Posted by Lynne on July 23rd 2015
(asbestos, asbestosis claims, banking finance, banking litigation, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Contract Law, Debt Recovery, Employment, health & safety, industrial deafness claims, Industrial Diseases, Insolvency, Litigation, medical negligence, mesothelioma, Personal Injury, Professional Negligence, Tax and Trust, wills)

Under a consultation announced yesterday by justice minister Shailesh Vara, the maximum fee for money claims would rise from £10,000 to £20,000. Currently fees are payable on 5% of the value of a claim up to a maximum of £10,000. Such measures would generate an estimated £48m a year in additional income. Justice minister Shailesh […]

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Latest News

10 Aug
Taylor Review of employment practices

Matthew Taylor, former aide to Tony Blair, in a recent government review of employment practices has suggested all work in the UK’s economy should be “fair and decent”. The report pays particular attention to the gig economy recommending the creation of a new category of worker, known as a ‘dependent contractor’, to provide additional rights […]

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