Features
Strict liability for sanctions breaches
Since 15 June 2022, the Office for Financial Sanctions Implementation has had the power to fine and publicly name businesses for breaching sanctions, even in the absence of knowledge.
The driving forces behind the class action revolution: setting the industry in motion
Jen Dickson explores the explosion of class actions in the UK, looking at it from all angles to discuss the key factors that have built the market up to reach record levels of activity
Three key areas where trustees should question their financial adviser
To help aid informed questioning, here are three key areas where trustees can consider questioning their financial adviser or asset manager, in relation to an investment recommendation for trust monies.
Data Reform Bill: Better for business?
Four years since the General Data Protection Regulation (GDPR) was implemented, statistics from RSM have revealed that 30% of European businesses are still not compliant – so is it time for further fresh legislation?
Incentivising staff through employee share schemes
Nelson Mandela said that money won’t create success but the freedom to make it will. Perhaps this explains why more and more companies are using employee share schemes as a means of incentivising staff – aligning the interests of employees and shareholders whilst providing tax-efficient rewards.
Modernising lasting powers of attorney: change is coming
In 2007, the Mental Capacity Act 2005 introduced Lasting Powers of Attorney (LPAs) which for the first time allowed a donor to appoint an attorney to make decisions both about their property and financial affairs, but also about their health and welfare.
Handy new checklist for lease extensions (surrender and regrants)
At-a-glance guide for conveyancers to help with lease extension applications where the existing lease is being surrendered and a new lease granted
Mind the gap – Economic duress of lawful act
On 18 August 2021, in Pakistan International Airline Corporation v Times Travel (UK) Ltd (Appellant) [2021] UKSC, the Supreme Court unanimously held that economic (or lawful act) duress does exist under English law.
Top ten tips for supporting modern families with their estate planning
Modern or ‘blended’ families come in all shapes and sizes, they might have children from previous relationships or have family members across the globe. They may consist of cohabiting partners, same-sex married couples, adopted children or enjoy a blend of cultures. They represent the wonderfully diverse world we live in today and are growing increasingly common.
When does a Litigation Funding Agreement become a Damages-Based Agreement?
Litigation funding agreements (“LFA”) and damages-based agreements (“DBA”) are both forms of litigation funding. Both are ways to facilitate access to justice and both enable litigants to pursue their claims without having to bear the costs of so doing – at least until judgment is given in their favour. The “litigation risk” is transferred away from the litigant and onto the investor and the legal representatives.