by Alistair Bacon | Mar 26, 2015 | Bulletins
Insolvency Update Issue 9 Welcome to the 9th Edition of our Insolvency Update. This and all future editions will be available to view as downloads on our new website at www.amblaw.co.uk. AMB Update (9) Feb...
by Alistair Bacon | Mar 26, 2015 | Bulletins
Litigation Funders Liable for Indemnity Costs Excalibur Ventures LLC v Texas Keystone Inc [2014] EWHC 3436 (Comm) Third party funders were found to be liable to pay indemnity costs ordered against the party funded by them. Bulletin - 3P Indemnity...
by Alistair Bacon | Mar 26, 2015 | Bulletins
Limitation in Swaps Misselling Claims Kays Hotels Ltd v Barclays Bank plc [2014] EWHC 1927 (Comm) Barclays Bank fails on a summary strike-out application in respect of a mis-selling claim bought more than six years after the contract was entered into. Bulletin - Limitation in Swaps...
by Alistair Bacon | Mar 26, 2015 | Bulletins
Consumer Contract Regulations CONSUMER CONTRACTS (INFORMATION, CANCELLATION AND ADDITIONAL CHARGES) REGULATIONS 2014 With effect from tomorrow, 13th June 2014, new regulations will come into force replacing the Distance Selling Regulations 2000 and Off-Premises (Doorstep) Regulations 2008. Bulletin - Cons Contr...
by Alistair Bacon | Mar 26, 2015 | Bulletins
Rent as an Administration Expense Re Game Retail Limited; Pillar Denton Ltd & Ors v Jervis & Ors [2014] EWCA Civ 180 The Court of Appeal has now given judgment in the long-awaited case of Re Game Retail Limited. Predictably, the court has followed the route of expediency and held that, where an officeholder occupies a leasehold property for the purposes of the administration or the liquidation, the company’s liability to rent accrues as an expense of the administration. Furthermore, in assessing the liability, the rent is to be treated as accruing on a daily basis and not by reference to the period during which rent accrued prior to the liquidation or administration of the company – to this extent it will be a matter of fact to determine the period for which the officeholder will be required to pay for the company’s occupation. Bulletin - Re...
