Results for United Kingdom
- Intellectual Property Licences and Insolvent Licensors in the Life Sciences sector
This article considers the position of a company which is planning to take a licence of Intellectual Property (IP) critical to the development of a drug. What will happen to that licence if the licensor becomes insolvent? Can the licensee mitigate the ri ...
Resource Article - twallace@abiwor... - 09/23/2013 - 13:25 - 0 comments - 1 attachment
- Barclays: We Paid Bonuses To Avoid 'Death Spiral’
Barclays chief executive Antony Jenkins says he was forced to increase bonus payments to senior executives after hundreds of key staff left the investment bank in America and he feared a “death spiral” could grip the organisation, The Guardian report ...
Daily Headline - global.abi.org - 03/05/2014 - 23:17 - 0 comments
- FCA Still Sees Poor Sales Practices At Some Banks
Some of Britain's banks are still offering their staff pay incentives that could trigger more mis-selling of financial products, the country's markets watchdog said on Tuesday, Reuters reported. The Financial Conduct Authority (FCA) said signif ...
Daily Headline - global.abi.org - 03/04/2014 - 23:06 - 0 comments
- RBS Draws Up Rescue Plan For Ulster Bank
Part-nationalised Royal Bank of Scotland is working on a plan to salvage its troubled Irish business, Ulster Bank, by merging it with a number of rivals, the Sunday Times newspaper reported. Attempts to find a buyer for the business have failed and a tea ...
Daily Headline - global.abi.org - 03/02/2014 - 19:20 - 0 comments
- Insolvency Experts Mull 'Rent Effect' Of GAME Administration Case
A landmark ruling will have a game-changing effect on the way landlords are paid in a corporate collapse, essentially giving them super creditor status. But what impact will this have on other creditors, and the insolvency profession? A consortium of lan ...
Daily Headline - global.abi.org - 02/26/2014 - 22:16 - 0 comments
- Co-op Group To Sell Farms Business And Consider Offloading Pharmacy Chain
The Co-operative Group has announced plans to sell its farms business and is considering a sale of its pharmacy chain as it faces a reported loss of more than £2bn, The Guardian reported. Britain's biggest mutually owned company, which is prepar ...
Daily Headline - global.abi.org - 02/26/2014 - 22:17 - 0 comments
- RBS To Pay $920 Million In Bonuses For 2013
Royal Bank of Scotland has received approval from Treasury agency UK Financial Investments to pay about 550 million pounds ($920 million) in staff bonuses for 2013, Sky News reported late on Tuesday. The news service said the bank is expected to disclose ...
Daily Headline - global.abi.org - 02/25/2014 - 22:40 - 0 comments
- CGT liability for receivers and liquidators
Insight issued regarding a ruling handed down on CGT liability for receivers and liquidators. Attachment Size hdy_insight_cgt_liability_25_feb14.pdf 411.45 KB (Australia, Europe, Oceania, United Kingdom ...
Resource Article - twallace@abiwor... - 03/06/2014 - 15:25 - 0 comments - 1 attachment
- Flybe Asking Its Shareholders To Stump Up £150 Million For Turnaround
UK regional carrier Flybe is tapping shareholders for £150m (€182m) to shore up its balance sheet as the embattled airline tries to reinvent itself, Independent.ie reported. The airline, which serves some routes between the UK and Ireland, will also use ...
Daily Headline - global.abi.org - 02/20/2014 - 23:38 - 0 comments
- NAB Falls as Bank Signals Higher U.K. Provisions
National Australia Bank Ltd. (NAB) fell in Sydney trading after flagging a possible increase in provisions at its British operations, overshadowing a 7 percent increase in first-quarter profit, Bloomberg News reported. Shares of Australia’s biggest bank ...
Daily Headline - global.abi.org - 02/20/2014 - 23:39 - 0 comments