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On 5 October 2022, the UK Supreme Court confirmed that directors sometimes owe an extended duty to uphold the interests of a company’s creditors when solvency is in doubt.
On 20 April 2022, the FCA introduced new Listing Rules (LR) (LR 9.8.6R(9) and LR 14.3.33R(1)) which set board diversity targets and require that, as part of their ongoing listing obligations, in scope companies include a statement in their annual financial report detailing whether they have met the specified targets.
Top accolades awarded to the firm in the latest Chambers & Partners guide to leading law firms and lawyers across the country.
Following the publication of The Legal 500 UK 2023, we are proud to announce that the firm has once again achieved impressive rankings and recognition within the latest guide to leading law firms and lawyers.
A roundup of the latest court decisions and regulations raising issues of piercing the corporate veil, service of a claim form, the FCA consumer duty, directors’ fiduciary duties and a solicitor’s duty of care outside of a formal retainer.
On 15 March 2022, ClientEarth issued a pre-action letter of claim against the board of directors of Shell, arguing that their failure to properly prepare the company for net zero puts them in breach of their duties to the company. The threatened claim is premised on an unprecedented application of the provisions related to directors’ duties in the UK Companies Act 2006, and it is amongst the first climate-related claims to be threatened against a company in the UK.
We are delighted to announce we have opened a new office in Houston, Texas – our second in the State and ninth in the US.
A roundup of the latest court decisions raising issues for the scope of the Quincecare duty; Section 90A of the Financial Services and Markets Act 2000, costs, disclosure applications and S13A (Insurance Act 2015) claims.
Caught in the throes of an unrelenting El Nino/La Nina cycle, the Climate Council has warned that the mounting cost of natural disasters could leave 1 in every 25 properties in Australia high risk and uninsurable by 2030. In this article we explore the costs of, possible responses to and exposure lines of insurance have to climate change.
Kennedys acquires dynamic team in Florida and New York as firm marks five year anniversary of North American expansion
We are pleased to continue US expansion with the strategic addition of three new partners, further enhancing our US and Bermuda insurance claims and coverage bench.