08/04/2022
The FBAR provides the Department of Treasury with information from United States persons with financial interests in accounts abroad.
08/01/2022
The court found that the Commission has the power to review any merger that may raise significant competition concerns within the EU, even if the companies involved do not have activities in Europe – or the merger falls below the EU’s turnover
08/01/2022
The UK’s current NZS includes a commitment to ensure that the UK will be powered entirely by clean electricity by 2035.
08/01/2022
The Court of Appeal’s decision is significant to the construction industry in clarifying the commencement date for limitation periods under the Act for projects that involve more than one occupancy permit.
07/29/2022
The tenants’ defences included arguments on rent suspension, implied terms and failure of consideration (Cine-UK Limited) and implied terms and a failure of basis
07/27/2022
The company was both cashflow and balance sheet insolvent and three creditors threatened it with winding-up petitions.
07/25/2022
The case highlights once again the legal, political and moral complexities surrounding ‘fire and rehire’.
07/22/2022
On 18 July 2022, the Court allowed environmental campaign groups’ judicial review challenge of the government’s strategy to reduce greenhouse gas emissions.
07/21/2022
The need for a further application provides a useful reminder that all steps necessary to implement a transaction should be carefully considered in order that any necessary ancillary relief can be sought as part of the sanction application.
07/15/2022
The Court rejected the application as the plaintiff failed to discharge the burden to the Court’s satisfaction to allow the inspection.
07/15/2022
At first instance, McMillan J found that the undertaking and therefore, the loss, endured until 25 May 2016 when EFML repaid to Fenris the money it had received pursuant to the order of Foster J, and assessed the loss at €5,354,601.07 plus interest.
07/14/2022
The Hong Kong Scheme was approved by an overwhelming majority of creditors
07/13/2022
The decision helpfully clarified that (i) the common law power to recognise and assist foreign officeholders does not extend to solvent liquidations and the COMI test has no relevance, and (ii) the conflict of laws principles apply to the solvent liquidat
07/11/2022
The claimant bank had previously obtained an interim freezing injunction over the assets of the defendant
07/11/2022
Other factors might be the closeness in time between the payments and the fact, if it could be established, that Peter had authorised the payment to Mary.
07/08/2022
In a recent judgment the Grand Court of the Cayman Islands confirmed that in-house counsel are “attorneys” under the Grand Court Rules for the purposes of taking steps on behalf of a body corporate
07/06/2022
The court recognised that many law firms have found, and continue to find, themselves in a similar position acting for entities caught by the Sanctions Regime.
07/05/2022
Abusive and unhappy marriages take a toll.
06/29/2022
Following earlier acquittal in DOJ criminal trial, SEC voluntarily drops all claims of intentional wrongdoing.
06/28/2022
In the present case, the court was satisfied that the bank could not be liable for knowing receipt, because the property transferred was not trust property.