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  • Article

    Speed Is Of The Essence When It Comes To Share Registers

    The Court of Appeal in Bland v Keegan [2024] EWCA Civ 934 upheld that a company's register of members is conclusive, even if a member was fraudulently removed. Liquidators can rely on this register for validating resolutions unless rectified by a court order.
    United KingdomLitigation, Mediation & Arbitration
    Druces LLP
    Druces LLP
  • Video

    Webinar: Coming To The UK - Pre & Post-Entry Planning

    This webinar will be of particular interest to high-net-worth (HNW) individuals and families who are considering a move to the UK. It will cover the practicalities of coming to the UK and will discuss planning considerations both before and after arrival.
    United KingdomImmigration
    Druces LLP
    Druces LLP
  • Article

    Lord Justice Jackson’s Review of Civil Litigation Costs: Alternative Fee Arrangements - Fixed, Capped, Conditional and Contingency Fees?

    Lord Justice Jackson’s report containing recommendations for the future regulation of litigation costs has been published today.
    United KingdomLitigation, Mediation & Arbitration
    Druces LLP
    Druces LLP
  • Article

    FCA Publishes Final Rules To Overhaul The UK Listing Regime To Boost Growth And Innovation

    The FCA's Final Rules, effective 29 July 2024, overhaul the UK Listing Regime, simplifying disclosures, introducing flexible dual class shares, and easing requirements for controlling shareholders and SPACs. The revised regime consolidates listing segments into a flexible ESCC framework to boost growth and innovation. The FCA will review the regime in five years.
    United KingdomCorporate/Commercial Law
    Druces LLP
    Druces LLP
  • Article

    FCA Release A Consultation Paper Outlining Its Detailed Proposals For Changes To The UK Prospectus Regime

    The FCA's consultation paper CP24/12, released on 26 July 2024, proposes changes to the UK prospectus regime to enhance market efficiency and international competitiveness. Key proposals include raising the prospectus threshold for further securities issuance, protecting forward-looking statements, standardizing MTF prospectuses, adding sustainability disclosures, and shortening retail offer periods. Comments are due by 18 October 2024, with final rules expected by mid-2025
    United KingdomCorporate/Commercial Law
    Druces LLP
    Druces LLP
  • Article

    VAT On Text Message Donations

    O2 has become the first network operator to put in place a new system which means charities should receive around 90% of the money donated by its customers through SMS.
    United KingdomTax
    Druces LLP
    Druces LLP
  • Article

    Alternative Fee Arrangements - Fixed, Capped And Conditional Fees

    The cost of litigation is a problem. Even relatively simple County Court claims can cost over £15,000 if they conclude in a trial. Complex High Court claims can cost hundreds of thousands or millions of pounds.
    United KingdomLitigation, Mediation & Arbitration
    Druces LLP
    Druces LLP
  • Article

    Collateral Warranties Are Not Construction Contracts The Supreme Court Decides

    On 9 July 2024, the Supreme Court ruled in Abbey Healthcare (Mill Hill) Ltd v Augusta 2008 LLP [2024] UKSC 23, clarifying that collateral warranties generally do not qualify as construction contracts under the Construction Act 1996. This means parties to such warranties lack statutory adjudication rights, highlighting the need to explicitly include adjudication provisions in collateral warranties if desired.
    United KingdomReal Estate and Construction
    Druces LLP
    Druces LLP
  • Article

    Service By Post Of Prescribed Information

    The Court of Appeal is considering an appeal by a tenant which challenges the service of prescribed documents by post (D'Aubigny v Khan & Anor [2023]), set for hearing in December 2024.
    United KingdomReal Estate and Construction
    Druces LLP
    Druces LLP
  • Article

    Property Update June 2011

    Welcome to Druces LLP's Property Update June 2011. You will find in this update recent case law, civil procedure and legislative changes relevant to the Property industry, as well as contact details in case you would like further information on these issues.
    United KingdomReal Estate and Construction
    Druces LLP
    Druces LLP
  • Article

    JCT 2024: Modernising UK Construction Contracts With Streamlined Processes And Future-Proofing Initiatives

    The JCT 2024 introduces modernized construction contracts, streamlining time extensions, adding sustainability clauses, and aligning with legislative changes. Key updates include collaborative provisions, gender-neutral language, and a new Target Cost Contract.
    United KingdomReal Estate and Construction
    Druces LLP
    Druces LLP

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