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    A note to drafters: think carefully before sending out that termination notice
    2018-02-21

    The recent judgment in Phones 4U Ltd (in administration) v EE Ltd [2018] EWHC 49 (Comm) has highlighted the need for care when communicating the reasons for terminating a contract. In this case EE, as a result of failing to identify a repudiatory breach as the grounds for terminating its trading agreement with Phone 4U, was precluded from later pursuing a common law claim for damages.

    Background

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Bryan Cave Leighton Paisner, Breach of contract, High Court of Justice (England & Wales)
    Authors:
    Rebecca Quayle , Helen Qian
    Location:
    United Kingdom
    Firm:
    Bryan Cave Leighton Paisner
    Terminal Dilapidations: a step by step guide for landlords
    2018-02-21

    The expression “dilapidations” refers to any breach of lease covenants which relate to the condition of a leased property. This can apply to, among other things, a tenant’s covenants to repair the premises, to decorate or to remove alterations.

    The process for ensuring that dilapidations are remedied usually takes place at the end of a lease, and any such dilapidations are commonly labelled “terminal” or “lease end” dilapidations. The procedure for determining liability can be complex and can potentially end up in Court.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Howes Percival LLP, Leasehold estate
    Location:
    United Kingdom
    Firm:
    Howes Percival LLP
    The aftermath of the Carillion collapse
    2018-02-21

    The fallout from Carillion's collapse in January continues to play out as it transpired this week that the company had delayed payments to subcontractors by up to 120 days. Carillion allegedly used tactics such as faulting invoices and finding minor problems with work undertaken in order to delay payment.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Ashfords LLP, Carillion
    Authors:
    David Pomeroy
    Location:
    United Kingdom
    Firm:
    Ashfords LLP
    Left out in the cold? Recent case law lends clarity over security for costs applications
    2018-02-22

    As the nights drew in, the end of 2017 saw a flurry of case law on security for costs, and particularly its interaction with after the event (ATE) insurance and litigation funding. This article considers what insights can be gleaned for litigants who do not want to be left out in the cold.

    Premier Motorauctions: security for costs and ATE

    Filed under:
    United Kingdom, Insolvency & Restructuring, Insurance, Litigation, Penningtons Manches Cooper LLP, Court of Appeal (England and Wales)
    Authors:
    Clare Arthurs
    Location:
    United Kingdom
    Firm:
    Penningtons Manches Cooper LLP
    English Litigation Privilege: will an emissions trading case cause a change of climate for investigators? February 2018
    2018-02-22

    Briefings

    A recent ruling by the English High Court in BILTA v RBS1, concerning EU Emissions Allowances (“EUAs” or “carbon-credits”) trading has re-opened the debate on when materials forming part of an internal investigation can benefit from litigation privilege. The decision further undermines the restrictive approach taken by Andrews J in SFO v ENRC2 when applying the “sole or dominant purpose test” to dual-purpose communications.

    Background – Emissions Trading Fraud

    Filed under:
    United Kingdom, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Legal Practice, Litigation, Tax, White Collar Crime, HFW, Value added tax, Emissions trading, HM Revenue and Customs (UK)
    Authors:
    Andrew Williams , Christian Horbye
    Location:
    United Kingdom
    Firm:
    HFW
    Clarification on distribution of surplus assets of a registered society on solvent winding up
    2018-02-27

    Friendly societies, along with other mutual societies, are registered with and regulated by the Financial Conduct Authority under the Co-operative and Community Benefit Societies Act 2014 (the Act).

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Dentons, Liquidation, Financial Conduct Authority (UK), Insolvency Act 1986 (UK)
    Authors:
    Neil Griffiths , Andrea Dunsby
    Location:
    United Kingdom
    Firm:
    Dentons
    The Pre-Action Protocol for Debt Claims - 4 Months On
    2018-02-15

    Back in October 2017, the Pre-Action Protocol for Debt Claims (“PAP”) was launched to very little fanfare. PAP is part of the Civil Procedure Rules which govern how parties deal with litigation claims through the County Court and is the first time that strict rules have been put in place for pre-action conduct on a debt matter. I wrote an article about PAP at the time to explain the ins and outs of it.

    Filed under:
    United Kingdom, Banking, Company & Commercial, Insolvency & Restructuring, Litigation, SE Solicitors, US House Committee on the Judiciary, Civil Procedure Rules (UK)
    Location:
    United Kingdom
    Firm:
    SE Solicitors
    Ball (liquidator of PV Solar Solutions Ltd) and another -v- Hughes and another [2017] EWHC 3228 (Ch)
    2018-02-16

    The Facts

    PV Solar Solutions Ltd (the "Company") supplied and installed solar panels. When the government reduced preferential tariffs, the Company's profits were affected and it entered Administration in May 2013. The Company subsequently entered into voluntary Liquidation in November 2014.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ashfords LLP, HM Revenue and Customs (UK), Companies Act 2006 (UK), High Court of Justice (England & Wales)
    Authors:
    Cathryn Kozlowski , Connor Pierce
    Location:
    United Kingdom
    Firm:
    Ashfords LLP
    Provider Beware! Bankruptcy Payment Order May Be Required to Pay a Bankrupt's Pension to Official Assignee.
    2018-02-16

    Costello J in the High Court recently gave judgment in the case of In re James Coady (a Former Bankrupt) [2017] IEHC 653. In this case the Official Assignee ("OA") had sought directions in respect of what rights could vest in the OA from the bankrupt's pre-retirement personal pension policy (the "PP"). The bankrupt had reached normal retirement age under the PP after he was adjudicated bankrupt but before he was discharged from bankruptcy.

    Filed under:
    United Kingdom, Employee Benefits & Pensions, Insolvency & Restructuring, William Fry, Bankruptcy, High Court of Justice (England & Wales)
    Authors:
    Liam Connellan , Michael Wolfe
    Location:
    United Kingdom
    Firm:
    William Fry
    Security for Costs - Progas Energy v Islamic Republic of Pakistan
    2018-02-09

    Case Alert - [2018] EWHC 209 (Comm)

    Judge considers whether security for costs/payment into court should be made pending a challenge to an arbitral award

    Filed under:
    United Kingdom, Arbitration & ADR, Insolvency & Restructuring, Litigation, Clyde & Co LLP
    Location:
    United Kingdom
    Firm:
    Clyde & Co LLP

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