Litigation can be a powerful way to protect your commercial interests, but the cost of legal action is a major concern for many individuals and businesses. That’s where litigation funding comes in. This helpful guide explains how litigation finance works, the key funding types available in the UK, and how we support our clients in […]
How Litigation Funding Works: A Comprehensive Litigation Finance Guide Read More »
Injunctions play a critical role in protecting rights, assets, and reputations – often in urgent and high-stakes situations. Where swift legal action is required to secure your position in a legal dispute, understanding how injunctions work is essential. Whether seeking an injunction order or defending against one, this legal guide provides knowledge and practical insights
Injunctions: The Ultimate Injunction Order Legal Guide Read More »
Yes, held the Commercial Court. In Alafco Irish Aircraft Leasing Sixteen Ltd v Hong Kong Airlines Ltd [2019] EWHC 3668 (Comm) the parties had entered into a lease which contained a clause that the Defendant (who was the lessee) was to pay all of the Claimant’s (the lessor’s) “reasonable costs and expenses” of litigation, including its legal
Does agreeing to “reasonable costs” mean assessment on the indemnity basis? Read More »
The court will expect the creditor to have sent out a Letter Before Claim to the debtor, which would set out the basis of their claim and allow a reasonable amount of time for the debtor to fully respond. For straight-forward cases, it is expected that a response should be received within a period of around 14
Commercial Debt Recovery: Pre-Action Protocols and Conduct Read More »
Airbus SAS v Generali Italia SPA and others [2019] EWCA Civ 805 In its recent decision Airbus SAS v Generali Italia SPA and others, the Court of Appeal dismissed an appeal against a declaration that the English court had jurisdiction to determine a claim by insurers concerning damage to an aircraft pursuant to an English jurisdiction
Calling all creditors! Whilst you might think the procedure for presenting a petition against a debtor is simple, it seems that the English Legal System is keeping you on your toes! The Risks of Presenting D.I.Y Petitions Recently we have had an influx of creditor client’s approaching us to assist them with the amending and
The Risks of Presenting D.I.Y Petitions Read More »
“Only when the tide goes out do you discover who has been swimming naked” (Warren Buffett)” No matter how large or small your business, no one can ignore the consequences of fraudulent activity; which can have a devastating effect on an entity’s ability to trade. The number of frauds recorded by police has risen by
Case Study 1 (Business fraud) We were asked by a firm of accountants to speak to their client, a large limited company within the pharmaceutical sector. The in-house cashier and bookkeeper had misappropriated company funds but because of his position of trust and the large turnover of the business, the fraud had for many years
Fraud case studies Read More »
Introduction So you did some work for a client in Madrid and you are based in England. In the event of non-payment, how do you recover the sum due to you under your invoice for professional accountancy services provided? Prior to the regulations referred to below, if a small business or consumer needed to recover
“POST BREXIT – HOW DO I RECOVER A DEBT FROM A CLIENT IN EUROPE?” Read More »
The purpose of CPR Part 36 is to encourage settlement between parties before trial. Its primary effect is to impose cost sanctions on a party who declines an offer to settle a dispute pursuant to Part 36 and subsequently then fails to achieve a better result at trial. The new rules will be in force
New Changes to CPR Part 36 Offers – Effective from 6 April 2015 Read More »
