News

Akers v Samba Financial Group [2017] UKSC 6

Wednesday, 22nd February 2017

In 2014 we reported on the High Court and Court of Appeal decisions. The Supreme Court has now overturned a 2014 Court of Appeal decision in favour of the Liquidators. The Supreme Court ruled that section 127 only applied to assets legally owned by the company that it sells itself, and did not cover the transfer of legal rights held by a third party.

The High Court considers questions relating to the location of three companies' COMIs and an alleged "improper motive" regarding the appointment of administrators

Wednesday, 22nd February 2017

This case concerned the Administration of three companies: FREP (Knowle) Limited, FREP (Ellesmere Port) Limited and FREP (Belle Vale) Limited (the "Companies").

Briefing Note - Changes to policy on hearing fees

Tuesday, 21st February 2017

New Rules for the refund of hearing fees for all cases will come into force on 6 March 2017.

The State of the Art of Retail Security

Tuesday, 21st February 2017

Retailers frequently and necessarily find themselves as the most committed users of security as a service. Security as a service will grow 12.7% a year during 2016–2020, according to London-headquartered market research company Technavio.

Considering hosting an 'Open Event' on your land?

Tuesday, 21st February 2017

In the last decade there has been growing interest in the provenance of our food and drink and a desire to understand the journey taken to our dining tables. In response to this growing interest, producers large and small have been engaging with their communities and local schools and opening their businesses to visitors.

Snapchat IPO: Here's what tech firms should know about going public

Tuesday, 21st February 2017

Snap Inc. is aiming to raise $3bn at a $25bn valuation through an IPO. Whilst many IPOs "pop" on their first day of trading, Snap (the company behind Snapchat) may well be a "flop". Snap is being censured by institutional investors with respect to its corporate governance and analysts are expressing concerns over its financials and stagnant growth.

Ashfords LLP act for Trustees on complex offshore pension scheme

Monday, 20th February 2017

Sherborne Corporate Services Ltd & Others -v- Positive Approach Services Ltd & Others [2016] EWHC 2867 (Ch). National provider of legal and professional services, Ashfords LLP has represented the Trustees of a Guernsey-based offshore pension scheme, who sought to recover pension assets which were unlawfully removed by a pension-holder.

At the Forefront of Retail Banking

Monday, 20th February 2017

Simplicity is a tenet of the customer experience; very few people want things to be more complicated. Combine that truism with increasing expectations for instant online problem-solving and we can see why the forefront of retail banking is built on digitalisation.

Ashfords LLP boosts Property Litigation offering with new key hire

Monday, 20th February 2017

National provider of legal and professional services, Ashfords LLP, is delighted to announce the appointment of James Hemsley who joins the firm's Plymouth office as a Senior Associate in the Property Litigation Team.

Never Events - Clinical Negligence

Friday, 17th February 2017

In Vietnam, just before the New Year, a man attended hospital following a road traffic accident. He was complaining about stomach pains and was taken for an X-Ray, which surprisingly revealed a pair of surgical scissors within his abdomen. This type of event is referred to as "Never Events".

Costs information provided for the purposes of a mediation could be admissible when considering the costs consequences of a subsequent settlement

Friday, 17th February 2017

In the recent case of Savings Advice Limited v EDF Energy Customers Ltd [2017] EWHC B1 (Costs), the defendant provided the claimant with information relating to the amount of costs it had incurred in the lead up to a mediation between the two parties.

Commercial awareness

Friday, 17th February 2017

A post from the Trainee Blog on Commercial awareness.

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