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Monthly Archives: September 2020
Government delivers further blow to landlords in further restricting winding-up petitions
The government has confirmed that restrictions on commercial landlords on presenting a winding-up petition against tenants that have not paid rent are to be extended to the end of 2020. The announcement follows confirmation last week that it has extended …
Posted in Shorter Reads
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Competing LIBOR Transition Proposals Create More Problems
As the Dec. 31, 2021, end date for Libor approaches, it is becoming increasingly apparent that it will not be possible for market participants to amend all legacy contracts to add Libor fallback provisions or replace or ameliorate problematic fallback …
CORONAVIRUS UPDATE: Working From Home (again)
According to the Office of National Statistics, on 13 September, the number of people travelling into the workplace was more than triple those working from home (62% and 20% respectively). Before August the number of people travelling to work and …
HMRC estate administration investigations
An article in the mainstream press has noted that HM Revenue & Customs has taken an additional £274m in inheritance tax (IHT) from…
Posted in Soundbites
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Collyer Bristow ranked as Top Law Firm by EPrivate Client
We are delighted to announce that Collyer Bristow has been ranked as a leading law firm in EPrivate Client’s 2020 listing, published today. This annual publication contains a detailed ranking of the best private client legal teams working in the …
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Government extends moratorium preventing the eviction of commercial tenants until end of 2020
The Government has extended its moratorium, preventing the eviction of commercial tenants for non-payment of rent, until the end of 2020. This is important news for commercial landlords to be aware of, and good news for tenants. The moratorium, which …
Commercial Court provides guidance on ISDA swap claim for negative declaratory relief
On 11 September 2020, Mrs Justice Cockerill handed down an important judgment ([2020] EWHC 2436 (Comm)) providing guidance on the Courts’ approach to a claim for declaratory relief (including negative declarations) in relation to an interest rate swap subject to …
Posted in Longer Reads
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Visa’s Acquisition of Plaid – Who Benefits Most?
The UK Competition and Markets Authority recently cleared the global card network Visa’s acquisition of Plaid, a US-based fintech, whose primary business is to act as an ‘aggregator’ in the payments sector. The deal, first announced in January of this …
Posted in Longer Reads
Tagged CMA, plaid, UK Competition and Markets Authority, VISA
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Battle of the b(r)ands: Lady A vs Lady A
The BBC has reported that the Seattle-based blues musician, Anita ‘Lady A’ White, has filed legal proceedings against the band Lady A,…
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New LCIA Arbitration Rules: In force on 1 October 2020
(1) Case Management Powers Enabling Expedition The 2014 version of the LCIA Arbitration Rules made clear that the tribunal has “the widest discretion to discharge [its] general duties” and that “the Arbitral Tribunal may, subject to the LCIA Rules, make …
