Nigeria could appeal $9bn handed to gas company by British court August 19, 2019 Nigeria has grounds to appeal a decision to grant an Irish natural gas firm $9bn (£7.4bn) in damages after a deal with the government fell through, the head of the country’s central bank has said. Godwin Emefiele said Nigeria would be able to appeal the decision handed down by the British Commercial Court on Friday. [...]
Dispute getting you down? November 20, 2020 There are many services provided for small to medium sized businesses that do not get enough credit for their success and efficiency. Mediation is most certainly one of them. For those unfamiliar with the term “Mediation”, picture two or more parties to a commercial, or civil dispute seeking an alternative to the time consuming, extortionately [...]
Recruitment of independent persons April 27, 2021 The City of London Corporation provides local government services for the financial and commercial heart of Britain, the “Square Mile.” It is committed to promoting and maintaining high standards of conduct amongst its elected members who serve the City’s residents, workers and businesses. The Corporation is currently undertaking a review of its overall governance arrangements [...]
Test and trace: One in five High Street workers now in self-isolation July 13, 2021 Hospitality and retail chiefs warned MPs today that a record one in five high street workers are self-isolating due to government pandemic tracing rules, and the situation could worsen. Kate Nicholls, chief executive of trade group UKHospitality, told MPs on the Business, Energy and Industrial Strategy committee that firms have forecast that a third of [...]
The CAs seeking justice in forensic accountancy September 17, 2021 As crime increasingly moves from street to balance sheet, more and more CAs are finding themselves playing a part in the fight against fraud. Karam Filfilan speaks to forensic accountants about the growth of the specialism. This article first appeared in ICAS’ CA magazine. When people hear the word “forensic”, their imaginations are transported to a [...]
The future eminence of our legal sector rests on more than Brexit May 23, 2019 Ever since the referendum, we have seen dire warnings that London risks losing its place as a global business hub. We have read countless stories of other European cities pitching for our international financial services sector, and there are now concerns that the continental courts are gearing up for an assault on its preeminent status [...]
Disgruntled client ordered to pay law firm £25,000 over Trustpilot review February 9, 2021 A man who left an angry review of a legal firm on Trustpilot has been ordered to pay £25,000 in damages after a judge ruled he had committed libel. Philip James Waymouth hired Summerfield Browne to represent him in a dispute concerning the enforcement of a court order, paying a fixed fee of £200. Waymouth [...]
BoE urges banks to keep lending as government schemes come to an end March 26, 2021 The Bank of England has urged banks to continue lending through the recovery as the government starts to wind down its coronavirus loan schemes. While the vaccine rollout has boosted confidence the Financial Policy Committee (FPC), which looks at the risks facing the system, has warned SMEs will need to finance cash-flow deficits this year [...]
Watchstone accuses Slater and Gordon of using ‘illicit back channel’ during disputed Quindell deal August 29, 2019 Insurance outsourcer Watchstone struck back in its High Court scrap with Slater & Gordon today after it was granted permission to file a counter-claim against the personal injury law firm. Watchstone said it recently discovered an “illicit back channel” Slater and Gordon’s corporate finance adviser Greenhill & Co allegedly used to access confidential information about [...]
This London Tycoon Harbours A Surprisingly Generous Streak March 1, 2023 Some may know Tej Kohli for his passion for luxury cars or his vast array of exceptional properties dotted across the world. However, what he should be best known for is his unwavering mission to give away swathes of his wealth to improve the lives of others. As Britain’s wealthiest became wealthier in recent years, [...]