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News 06/21/2021
Kennedys has continued its growth in the Middle East with the opening of a new office in Muscat, in the Sultanate of Oman. This office opening is in response to client demand for a presence in Oman, and sees Kennedys become the only international insurance-focused law firm in the country.
News 04/22/2021
Kennedys has relocated its Manchester team to new premises in the city following further expansion in the team. Kennedys opened in Manchester in October 2008 with a team of 12 and in October 2016 the team moved to larger premises in The Tootal buildings.
Case review 04/20/2021
The Court of Appeal decision in Morley (t/x Morley Estates) v Royal Bank of Scotland Plc [11.03.21] considered whether a borrower had been subjected to economic duress or intimidation during negotiations with Royal Bank of Scotland (RBS) to restructure a loan.
Article 03/31/2021
A summary of recent developments impacted by Brexit, including employment law impacts, the implications of the Free Trade Agreement for SMEs, cross-border insolvency and the use of the Model Law to combat issues, data flows in a post-Brexit world and an overview of UK legal and regulatory issues for 2021.
Article 03/04/2021
Chancellor Rishi Sunak MP delivered his second budget yesterday which predominantly focused on maintaining, extending and creating new COVID-19 measures. This budget was a response to the pandemic first and foremost and, on that front, it more than delivered. Here, our commercial experts provide an overview of what the measures mean to businesses in a number of critical areas.
Article 02/15/2021
Understandably there has been much focus of late on how Brexit impacts upon European and UK cross-border insolvencies going forward, some of which has been touched upon in our previous article. Here, we consider how insolvency officers in the USA can seek insolvency assistance in the UK and whether this may differ from the approach to be taken by insolvency office holders in Europe.
Article 12/16/2020
A summary of recent developments, including a brief overview of supply chain management issues in light of the government consultation into transparency in supply chains response, the rise in personal guarantees being called upon in the current economic climate, the impact of the current introduction of joint liability notices by the HMRC on directors and shareholders and the recent judicial review decision impacting the changes to the Use Classes Order and permitted development rights.
Article 12/16/2020
The transition period is shortly coming to a close. Deal or No Deal, we consider whether the Insolvency (Amendment) (EU Exit) Regulations 2019 as amended can fully replace the EU Insolvency Regulation and the Recast Insolvency Regulation.
Article 12/16/2020
Personal guarantees can be crucial for businesses, allowing them to expand and improve cash flow where they otherwise would not be able to. Guarantors are often aware of the risks attached to the provision of such a guarantee. However, in some cases clauses can be misleading, making it unclear what is required under the contract and/or guarantee.
News 11/27/2020
Kennedys is celebrating 20 years in Hong Kong, and is also moving to new offices.
