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Tucked away at section 100 and Schedule 13 of the Finance Act 2020 (FA 2020) are some significant and wide ranging provisions that relate to circumstances in which directors (and others) can find themselves held personally liable for their company’s tax debts within an insolvency context. The provisions apply to LLPs as well as companies. This article considers the circumstances pursuant to which such liability can arise for those involved in company management with reference to the issue of repeated company insolvency.
We are pleased to announce that the publication of the 2021 edition of The Legal 500 UK has seen us ranked as a ‘top-tier firm’ in nine practice areas.
The Australian arm of global insurance and litigation law firm Kennedys today announced the promotion of 10 lawyers to new senior roles, in the largest-ever group of promotions for the firm in Australia in a single year.
Insurers must balance the income from insuring and investing in fossil fuel projects against the growing reputational and litigation risks.
Case review 06/26/2020
Pre-action disclosure can no longer be used as a ‘fishing expedition’ to further advance a claimant’s case
This decision, which labels pre-action disclosure as not “the norm” should leave claimants thinking twice about making an application for pre-action disclosure where their case can already be made with the documents available.
Are the global financial markets ready to embrace Mark Carney and his Private Finance Agenda for COP26?
In January, Boris Johnson appointed Mark Carney as his Finance Adviser for the purposes of COP26 to “help build a sustainable financial system to support the transition to a net zero economy”.
Taunton-based partner Vittorio Cinque is responsible for managing our claims handling team and, in order to find out more about what the team does and how they can help clients, we had a quick catch-up while he has been working remotely.
Case review 04/07/2020
On 1 April 2020, the Supreme Court held that Morrisons was not vicariously liable for an extensive data breach intentionally caused by a disgruntled employee.
Welcome to the first of our fortnightly updates aimed at supporting you in your understanding of the impacts of the COVID-19 pandemic on the insurance market.
COVID-19 has spread to every corner of the globe. The storm clouds are no longer on the horizon – we are in the storm. Investors are struggling to understand the implications of disrupted supply chains, containment measures, and roiled financial markets. The increased uncertainty has led to market volatility not seen since the global financial crisis. Moreover, the measures that governments are taking to fight the virus, including social distancing, has stalled economies and will likely usher in a recession.