A temporary ban on the sale of speculative illiquid securities to retail investors, introduced in January 2020, has been confirmed by the Financial Conduct Authority (FCA). From 1 January 2021 IFAs will only be allowed to sell speculative ‘mini bonds’…read more
Causes of construction disputes highlighted by influential report. Published February 2021
The aggregate sum disputed in construction claims on 1,185 projects worldwide is US$ 48.6 billion according to the CRUX insight report from HKA, an engineering and construction claims and dispute resolution…read more
Appeal Court confirms meaning of ‘subject to contract’. Published February 2021
The Court of Appeal has reiterated that the term ‘subject to contract’ means that no binding contract can be formed until one is formally agreed between the parties, unless there are strong…read more
Law firm successfully serves Default Judgement by Instagram. Published February 2021
A defendant has been served with a default judgement via social media platform Instagram after he failed to reply to letters and emails. The move is believed to be the first…read more
Law firm fined for breaching AML regulations in property transactions. Published February 2021
Breaches of anti-money laundering (AML) regulations have cost a Midland’s law firm £14,000 in fines and £3,500 in costs. The firm was fined by the Solicitors Regulation Authority (SRA) after missing…read more
Professional Indemnity Insurance for Technology Professionals – You didn’t think you needed it until it was too late
You are in danger and you are alone. You don’t have to be. The emerging landscape of tech and media firms has grown exponentially over the last 10 years, with the digital sector contributing close to £150bn to the UK…read more
