ArticleLimited Liability Has Its LimitsOne of the principal reasons for incorporating a business is to benefit from the fact that the liability of company shareholders is limited.United KingdomCorporate/Commercial LawFieldfisher
ArticleNew Special Conditions Introduced For Phone-Paid Society LotteriesThe Phone-paid Services Authority (PSA) has introduced new 'Special Conditions' for phone-based society lotteries in order to encourage the use of phone-payment by increasing consumer confidence in using such a method.United KingdomCorporate/Commercial LawFieldfisher
ArticleRecent Contract Law CasesThe new rule does make way for greater freedom of contract; parties of equal bargaining power will be the best judges of what is a legitimate response to a breach of contract...United KingdomCorporate/Commercial LawFieldfisher
ArticleSpotlight On Directors' Duties To ShareholdersThe first decision relates to information provided to Lloyds Bank shareholders in a circular giving information about the HBOS acquisition and recommending them to vote in favour of it. United KingdomCorporate/Commercial LawFieldfisher
ArticleThe Kay Report: Government Proposals To Tackle Short-Termism In The UK Equity MarketsAs reported in the third edition of Market reCap, Professor Kay's final report (published in July 2012) concluded that short-termism is a problem in UK equity markets.United KingdomCorporate/Commercial LawFieldfisher
ArticleWhen Is A Franchisor Unreasonable To Withhold Consent Under A Franchise Agreement?It is common for certain rights of a franchisee under a franchise agreement to be exercisable only if the franchisor gives its consent.United KingdomCorporate/Commercial LawFieldfisher
ArticleEquality Rules!The much anticipated decision in the case involving equal rights in pension schemes for civil partners and same sex spouses was handed down by the Supreme Court on Wednesday. United KingdomEmployment and HRFieldfisher
ArticlePensions Update: Law Reversed On Pensions Liabilities In InsolvencyOn 19 October 2011, we issued an update detailing the Court of Appeal decision that pension schemes will, in some cases, have to be paid before floating chargeholders, preferential creditors, unsecured creditors and even the administrators themselves, where companies become insolvent. United KingdomEmployment and HRFieldfisher
ArticleRetales™ - £5m compensation For Ex-Woolworths And Ethel Austin staffIn a landmark case, the Employment Appeal Tribunal has overturned a previous Employment Tribunal decision that denied compensation to ex-employees of Woolworths who had worked in stores with less than 20 members of staff.United KingdomEmployment and HRFieldfisher
ArticleTo Limosa Or Not To Limosa?The European Court of Justice ruled on 19 December 2012 that the obligation on self-employed service providers not established in Belgium to submit a notification before carrying out any services in Belgium is contrary to the freedom to provide services (art. 56 TFEU). United KingdomEmployment and HRFieldfisher
ArticleNew Planning Guidance For Onshore Oil And Gas DevelopmentsNew planning guidance has recently been issued by the Department for Communities and Local Government for onshore oil and gas developments, including shale gas and coal bed methane. United KingdomEnergy and Natural ResourcesFieldfisher
ArticleRegulators Find No Evidence Of Gas Market Manipulation In The UKOn 7 November 2013, the regulators Ofgem and the Financial Conduct Authority (FCA) announced that after conducting their review they had found no evidence of gas market manipulation following allegations by a former employee of ICIS-Heren (an energy price reporting agency).United KingdomEnergy and Natural ResourcesFieldfisher
ArticleClose-Out Amount Differs Radically From Market Quotation And LossThe English Court of Appeal issued a judgement on 14 March 2013 in the case of Lehman Brothers International v Lehman Brothers Finance SA EWCA Civ 188. United KingdomFinance and BankingFieldfisher
ArticleFCA Issues Third Largest Fine To Date For Listing ViolationsFollowing an internal review, ARM identified three related party transactions involving its subsidiary, PT Berau Coal Energy TbK.United KingdomFinance and BankingFieldfisher
ArticleRatings Downgrades And Accounts Provisions In Real Estate Financings And Other TransactionsMost of the City are well aware of the ratings downgrades imposed on a number of UK clearing and other banks earlier this year, indeed a number of those reading this note will work in affected institutions. United KingdomFinance and BankingFieldfisher
ArticleUCITS V UpdateUCITS V is essentially a reaction to Madoff but it addresses what was really a latent problem waiting to come to the fore.United KingdomFinance and BankingFieldfisher
ArticleUnexplained Wealth Orders - What You Need To KnowUWO are to be targeted at politically exposed persons and those suspected of involvement in serious crime whether in the UK or elsewhere. United KingdomFinance and BankingFieldfisher
ArticleWoodford: Are There New Lessons To Learn?For those of us with long experience of this industry, we may be dismayed that the scenarios which arose in the Woodford Fund saga have occurred again. United KingdomFinance and BankingFieldfisher
ArticleForeign Direct Investment (FDI) Regimes In The UK And Europe – Risks And Opportunities 2023/2024Fieldfisher hosted a webinar with representatives from the UK Investment Security Unit and our own European FDI partners on the latest trends in FDI enforcement. <p class="MsoNormal"><span style="background-image: initial;United KingdomGovernment, Public SectorFieldfisher
ArticleCopyright Law UpdatesSince 28 July 2016, all types of artistic works (including artistic craftsmanship) now have copyright protection for the life of the creator plus 70 years.United KingdomIntellectual PropertyFieldfisher