03/31/2020
The major drawback is the lack of a statutory moratorium of legal claims against the company, and any creditor not contractually bound could petition to wind up the company and derail the restructuring efforts.
03/31/2020
The Linklaters team was led by Victor Manchado
03/30/2020
With comparisons moving beyond the 2008 financial crisis to the 1930s, Woolard has been at the heart of efforts by policymakers to quell the economic impact of the virus, which has caused tens of thousands of deaths around the world.
03/30/2020
If the UK Government insists on allowing EU funds to continue to be marketed without reciprocal passporting, this could be the beginning of a gradual demise for the UK funds industry.
03/30/2020
Otherwise it has been a year of variety – our litigators have been involved in a broad range of large, complex contentious cases, including general commercial litigation, restructuring and insolvency, trusts, regulatory (including proceeds of crime
03/30/2020
The adviser also questioned how Sanlam intended to work with its ARs who will struggle financially in the next few months as this has not yet been communicated.
03/30/2020
This statement applies to all FCA-regulated firms across the UK, including in Scotland, Wales and Northern Ireland.
03/27/2020
The bank thought this to be true for four years, until Juan Carlos took $65 million and allegedly sent it to Corinna Larsen, a Monaco-based businesswoman who is said to be either a close friend or ex-lover of Juan Carlos.
03/27/2020
The Italians are looking for information on accounts of Italian citizens at Credit Suisse, which they suspect of having failed to fulfill their tax obligations in their home country.
03/27/2020
The board of Knights is taking a 30% pay cut, although the nobility of their sacrifice is debatable given that an interim dividend of 1.1p per share was declared last week which showered them all in cash.
03/27/2020
This measure will give banks more flexibility in their lending activities
03/27/2020
Virtual hearings will not be a panacea in every case, however they may be a viable option for parties who might otherwise be faced with an extended period of financial uncertainty.
03/27/2020
The Amendment and the Regulations apply to trustees of Cayman Islands trusts wherever the trustee is located.
03/26/2020
Non-doms can now stay in Britain longer than normal before tax bills are triggered
03/26/2020
Vahid added that firms “all expect collections to slow down, period”.
03/26/2020
A request for judicial cooperation sent by Swiss prosecutors to a Spanish judge reveals multiple payments to Corinna Larsen, who used part of the money to purchase real estate
03/26/2020
Successful and sustainable businesses underpin our economy and society by providing employment and creating prosperity.
03/26/2020
British Airways, which operates the majority of flights from London City, suspended all its services there on Monday.
03/26/2020
“This is a shock to the system that you see about every 10 years.”
03/25/2020
The Board has therefore arrived at the conclusion that the proposed dividend amount will in no way jeopardise the Bank’s ability to support its customers through financing, in spite of the challenging circumstances.