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Article 28/10/2020
Tucked away at section 100 and Schedule 13 of the Finance Act 2020 (FA 2020) are some significant and wide ranging provisions that relate to circumstances in which directors (and others) can find themselves held personally liable for their company’s tax debts within an insolvency context. The provisions apply to LLPs as well as companies. This article considers the circumstances pursuant to which such liability can arise for those involved in company management with reference to the issue of repeated company insolvency.
News 09/10/2020
We are pleased to announce that the publication of the 2021 edition of The Legal 500 UK has seen us ranked as a ‘top-tier firm’ in nine practice areas.
Case review 02/10/2020
Sevilleja v Marex Finance [15.07.20]: on 15 July 2020, the Supreme Court handed down its long awaited judgment on the principle of ‘reflective loss’.
Article 30/09/2020
We consider the latest significant court decisions impacting claims arising from professional liability and financial lines policies and products.
Article 20/07/2020
On 18 June 2020, the Bank of England (the Bank) released its first report regarding its own exposures to climate change-related financial risks and its proposed strategy to manage those risks effectively.
Case review 26/06/2020
This decision, which labels pre-action disclosure as not “the norm” should leave claimants thinking twice about making an application for pre-action disclosure where their case can already be made with the documents available.
News 05/06/2020
Kennedys has continued its growth in the United States with the opening of its first West Coast office, in San Francisco, and the addition of a four-partner team.
Article 26/05/2020
Article 26/05/2020
Since our last article on climate change considerations, perception has moved to a recognition that climate risks affect all sectors, including financial institutions.
Article 21/05/2020
An important consideration for directors and officers (D&O) liability insurers in the underwriting of non-US issuers is an assessment of the risk that such issuers could someday be held liable under the United States’ federal securities laws.
