Once the preserve and a staple of US litigation, in recent years class action claims have gained traction in the English courts across a wide variety of sectors. Recent disputes have involved securities and shareholder litigation against financial institutions like RBS and Lloyds/HBOS, claims against large companies such as Tesco, actions arising out of breaches …
Overview of the Bahamian legal system The Bahamas is a former colony of Great Britain, which attained independence on 10 July 1973 but acknowledges the Queen of England as its constitutional Head of State and maintains its identity as a common law jurisdiction. By the Declaratory Act passed in 1799, the English common law was …
Earlier this year, New Zealand’s highest court issued a decision clarifying when and how evidence of parties’ dealings will be admissible to support arguments before the courts on contractual interpretation. The decision signals a departure from the New Zealand approach to date and the approaches in a number of other Commonwealth jurisdictions, in particular the …
The Investment Limited Partnership (Amendment) Act, 2020 (the 2020 Act) brought about much-welcomed updates to the Irish investment limited partnership (ILP) regime, ensuring that the ILP is a modern and efficient partnership vehicle.
A new piece of regulation: the entry into force of the FinSA and FinIA While the financial regulation landscape, inclusive of compliance, has kept evolving and increasing in the past 20 years, the architectural skeleton of the Swiss regulation landscape in this industry was entirely reviewed with the entry into force of two new bills …
If, as according to Ian Stewart, chief economist at Deloitte, CFO’s believe that climate transition will re-shape the business environment and more than two-thirds expect significant or wholesale change in their own business as a result of the move to net zero, what do CLOs or general counsel think?
In what some have described as a development ‘seismic’ in its potential consequences, in June 2021, the Law Commission launched a consultation concerning proposals to reform corporate criminal liability in the UK. The consultation seeks views on whether, and how, to improve the law relating to the identification and punishment of criminal offences committed by …
With public finances under sustained pressure, HMRC will clearly have to collect more tax, more quickly, with stable resource levels, while stimulating economic growth. This will require rapid decision making on what, or who, to pursue, and why. There will be more pressure on tax policy decisions in terms of where to draw the line …
There are some significant differences in the process of litigation when HMRC is your opponent. Understanding those differences is essential when formulating the strategic approach to the dispute. This is not to say however that commercial litigation practice is of no relevance; increasingly there is a tendency for the tax courts to look to the …
The In-House Lawyer (IHL): How has market uncertainty impacted London’s commercial litigation market over the past year, and how do you expect this to evolve?
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