The government published a voluntary code of practice designed to help businesses which are unable to pay the rent due to the coronavirus pandemic. “The Code of Practice for commercial property relationships during the Covid-19 pandemic” encourages landlords and tenants…read more
FCA intervenes in hundreds of financial advice professional indemnity cases. Published August 2020
It has been revealed that the Financial Conduct Authority (FCA) has intervened in nearly 500 professional indemnity insurance (PII) based issues relating to financial advice firms since the start of 2019. Financial Times publication, FT Adviser, exposed the high…read more
Over 1,300 IFAs sign-up to the Pension Transfer Gold Standard. Published July 2020
More than 1,300 Independent Financial Advisers (IFAs) have signed up to the Personal Finance Society’s (PFS) Pension Transfer Gold Standard in its first year of operation. However the society has also reported that some advisers have pulled out of offering…read more
Insolvent construction firms can settle disputes through adjudication the Supreme Court rules. Published September 2020
Insolvent construction companies are permitted to start adjudication proceedings to resolve disputes with contractors the Supreme Court has ruled. The decision paves the way for more adjudications by administrators of businesses forced into administration by the consequences of the…read more
Mediation organisations create Pandemic Business Dispute Resolution Service. Published August 2020
Two leading dispute resolution organisations have created an online service to help resolve business disputes in the wake of the coronavirus pandemic. The Chartered Institute of Arbitrators (CIArb) and the Centre for Effective Dispute Resolution (CEDR) have launched the facility…read more
Divorce negligence claim time-barred rules court. Published September 2020
A law firm has seen off a claim that it acted negligently during divorce proceedings after the Court of Appeal ruled that the case was started too late. Under the Limitation Act 1980, clients have six years from the date…read more
Failure to alert client to mounting costs a breach of professional obligations. Published August 2020
A law firm was in breach of its professional obligations by failing to keep its client updated on the estimated costs of a case after they escalated far beyond what was initially agreed. The firm issued bills in excess of…read more
