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    Late service of evidence requires relief from sanctions
    2020-12-17

    An application to admit witness evidence outside the directions timetable should be treated like an application for relief from sanctions under CPR 3.9 according to the High Court in Wolf Rock (Cornwall) Ltd v Langhelle.

    Facts

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, RPC
    Authors:
    Daniel Hemming
    Location:
    United Kingdom
    Firm:
    RPC
    Aviation: Cramming Cape Town Creditors
    2020-12-15

    Karen McMaster, Ben Andrews and James Cameron, Milbank LLP

    This is an extract from the 2020 edition of GRR's the Europe, Middle East and Africa Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    South Africa, United Kingdom, Aviation, Insolvency & Restructuring, Global Restructuring Review, Coronavirus, UK House of Commons
    Location:
    South Africa, United Kingdom
    Firm:
    Global Restructuring Review
    CIG Act - Summary Update
    2020-12-15

    UPDATE ON TEMPORARY PROVISIONS

    Filed under:
    United Kingdom, Insolvency & Restructuring, Addleshaw Goddard LLP, Coronavirus
    Authors:
    Andy Bates , Kirsten Fleming
    Location:
    United Kingdom
    Firm:
    Addleshaw Goddard LLP
    Cross border insolvency - an overview of the current EU legal framework and the impact of a "no deal" Brexit on UK/EU cross border insolvencies under the Recast Regulation
    2020-12-15

    Introduction – the framework

    Filed under:
    European Union, United Kingdom, Insolvency & Restructuring, Public, Mayer Brown, Brexit
    Authors:
    Devi Shah , Alexandra Wood
    Location:
    European Union, United Kingdom
    Firm:
    Mayer Brown
    Covid-19 update on Government measures
    2020-12-15

    Timeline for Government’s extended measures 

    Filed under:
    United Kingdom, Insolvency & Restructuring, Tax, Mayer Brown, Coronavirus, HM Revenue and Customs (UK)
    Authors:
    Fatema Begum
    Location:
    United Kingdom
    Firm:
    Mayer Brown
    Securing evidence during the COVID-19 pandemic (Koldyreva v Motylev)
    2020-12-15

    This is an amended version of an article which was first published on LexisPSL.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, DLA Piper, Coronavirus
    Authors:
    Sarah Ellington (née McMurray)
    Location:
    United Kingdom
    Firm:
    DLA Piper
    Software development intellectual property joint ventures
    2020-12-15

    One of the biggest problems lies in the intellectual property ownership in joint ventures. The commercial reality is that where there is no agreement in place any intellectual property resulting from the joint venture may be jointly owned. This rule applies even if this is not what the parties intended.

    IT and IP specialist lawyers

    IP Joint Ventures

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Intellectual Property, IT & Data Protection, Gannons Solicitors, Drones
    Location:
    United Kingdom
    Firm:
    Gannons Solicitors
    UK Government consultation on a new insolvency regime for UK-authorised payment institutions and electronic money institutions
    2020-12-14

    On 3 December 2020, the UK Government (HM Treasury) issued a consultation paper (the Consultation) setting out a proposal to implement a new “special administration regime” (the SAR) which it is proposed would apply to any insolvency of an authorised payment institution (a PI) or electronic money institution (an EMI).

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Bird & Bird LLP, Financial Conduct Authority (UK)
    Authors:
    Trystan Tether , Gavin Punia , Anna Mikhalkovich , Shane Barber , Scott McInnes , Michelle Chan , Ivan Sagál , Annette Printz Nielsen , Kristiina Lehvilä , Cathie-Rosalie Joly , Dr. Michael Jünemann , Konrád Siegler , Stefano Febbi , Hans Svensson
    Location:
    United Kingdom
    Firm:
    Bird & Bird LLP
    The Financial Conduct Authority and Liquidation Stays
    2020-12-14

    Syedur Rahman of Rahman Ravelli examines a case that ruled on whether a Warning Notice can be issued while there is a liquidation stay on action and proceedings.

    As the saga continues following the collapse of the facilities management and construction services group Carillion, so does the legal fall-out regarding the company and its regulation by the Financial Conduct Authority (FCA).

    Filed under:
    United Kingdom, Capital Markets, Insolvency & Restructuring, Litigation, Rahman Ravelli, Financial Conduct Authority (UK), Carillion
    Authors:
    Syedur Rahman
    Location:
    United Kingdom
    Firm:
    Rahman Ravelli
    The Good, the Bad & the Ugly: 100 cases every policyholder needs to know. #11 (The Good). R&R Developments v AXA
    2020-12-14

    Welcome to the latest in the series of blogs from Fenchurch Law: 100 cases every policyholder needs to know. An opinionated and practical guide to the most important insurance decisions relating to the London / English insurance markets, all looked at from a pro-policyholder perspective.

    Some cases are correctly decided and positive for policyholders. We celebrate those cases as The Good.

    Some cases are, in our view, bad for policyholders, wrongly decided, and in need of being overturned. We highlight those decisions as The Bad.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Insurance, Litigation, Fenchurch Law
    Authors:
    Alex Rosenfield
    Location:
    United Kingdom
    Firm:
    Fenchurch Law

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