December 2020 / 15 posts found
Will the end of LIBOR lead to a surge in litigation? – Lexology
The London Interbank Offered Rate (LIBOR) is scheduled to be phased out by the end of 2021, and there is uncertainty about what impact this will have on LIBOR-referenced contracts that extend beyond this date. In this article, Elaina Bales examines the litigation risks that will arise due to the LIBOR changes and what steps business should take now to minimise these risks. What’s happening to LIBOR? LIBOR is the benchmark interest rate at which major global banks lend to one another in the interbank market. It is widely used as a reference rate for the pricing of financial contracts that are […]
Resources scarce as violence against women rises in London, councillors told
Article content continued Anova has turned away more than 2,550 amid COVID-19 because of a full shelter, and because people are staying longer than a month because of a lack of housing in London. Megan Walker, head of the London Abused Women’s Centre, said she was seeing girls as young as 12 who had been trafficked come to her agency for help. Violence has become more severe and more sexualized since the start of the pandemic. And violence against women knows no boundaries, she said. It’s not restrained by age, employment status or income bracket. “It’s very difficult to say […]
Redundancies hit record high of 370,000 between August and October
Redundancies surged to a record high of 370,000 in the third quarter of the year with young workers hit hardest, official figures show. The number of UK employees on payrolls dropped slightly last month and has fallen by 819,000 between February and November due to the impact of the coronavirus pandemic, the Office for National Statistics (ONS) said. One-third of those jobs losses have been in the hospitality industry which yesterday renewed its calls for more financial support as thousands more pubs, bars and restaurants were told they must close under tier 3 restrictions. Some 1.7 million people are officially […]
‘We will lose £400k’: The cost of Tier 3 for the hospitality sector
As the hospitality sector begins to count the cost of the latest Tier 3 lockdown, we spoke to one industry figure who says his company will lose £400,000. Stuart Procter, COO of Mayfair hotel and restaurant The Stafford, said the latest blow has left his company reeling in a year he’s already had to make 300 redundancies. “I’m furious. Devastated. I can’t quite believe how this has been handled. You can’t give 48 hours notice for a decision this big, one that will affect this many people. This is people’s lives and livelihoods – at The Stafford and Norma alone […]
Nothing to see here: Is surveillance during litigation iniquitous conduct or a legitimate investigat…
In pop culture at least, solving mysteries has always led investigators to sail close to the wind. A friend and fellow investigator pointed out recently that in one outing Sherlock Holmes stages an accident, lies to witness, is outed as a cocaine addict, daubs himself in fake blood, and tries to steal blackmail material. Modern consulting detectives are more scrupulous, if less likely to be serialised. However, the recent judgment Gerrard v ENRC and Diligence has put a spotlight on a discreet area of investigation: surveillance activities in the context of litigation support. If George Herbert (17th century poet) was […]
Law Commission seeks views on smart contracts
The Law Commission has today [17 December 2020] launched a call for evidence to help ensure that the technology of smart contracts can thrive in England and Wales. A smart contract is a legally binding contract in which some or all of the contractual obligations are recorded in or performed automatically by a computer program deployed on a distributed ledger. The growing use of smart contract technology is expected to increase efficiency and certainty in business, and reduce the need for contracting parties to have to trust each other; instead the trust resides in the code. However, there are questions […]
Commercial litigation lawyers
Whether you’re a startup or an established company, hiring a commercial litigation lawyer can help you to resolve legal and contractual disputes. If a case goes to court, a commercial litigation lawyer will be there to represent you and your business interests. Read on to find out what a commercial litigation lawyer does and how they can help your business thrive. Commercial litigation lawyers work on disputes and resolutions. If you have a contractual dispute with a vendor, a commercial litigation lawyer will be your legal representation and try to win your case in court. Commercial litigation lawyers are experts […]
Tatler Expert Advice On Financial Issues Surrounding A Divorce – Tatler
As part of the Tatler SOS Experts’ Corner, we delve into the subject of divorce, one that often sees a spike in January. In fact, the first working Monday back after the Christmas break is often dubbed ‘Divorce Day’ by lawyers who typically see a surge in couples considering legal separation. Here George Williamson from Litigation Finance firm Level shares his advice on facing financial struggles during a divorce. Divorce is difficult at the best of times, but feelings of anxiety can be exacerbated as we enter the festive period. To add insult to injury, this year we are approaching […]
Tatler Expert Advice On Dealing With Child Arrangements On First Christmas Divorced – Tatler
As part of the Tatler SOS Experts’ Corner, we delve into the subject of divorce, one that often sees a spike in January. In fact, the first working Monday back after the Christmas break is often dubbed ‘Divorce Day’ by lawyers who typically see a surge in couples considering legal separation. Here Joanne Edwards from Forsters LLP shares her advice on making decisions involving children when you’re divorced. For separated parents, and especially for those for whom the decision to separate wasn’t mutual, discussing child arrangements for the first festive period after separation can be especially emotive. At a time […]
Phones 'ringing off the hook,' family lawyers say amid an increase in couples seeking sepa…
Some London, Ont., family lawyers are seeing a spike in couples wanting to separate, a decision they say has largely to do with the effects of the COVID-19 pandemic on families. Kristine Jackson, a family lawyer, says she has seen an increase in calls at her law firm of couples wanting to separate. “The stresses of having to parent and be a teacher, people are simply feeling as though they’re not in a position to cope and so they’re choosing to separate,” Jackson told CBC’s London Morning. “Whether these will ultimately be permanent separations that will go on for years […]