The recent collapse of Carillion is one of the biggest domestic insolvencies in almost a decade, characterised by some as another Lehman. For Britain’s second largest construction company, its 43,000 global employees also provided a range of facilities management and ongoing maintenance services, most notably to a variety of UK government agencies. Until last July, […]
Rajeev Shaunak, head of travel & tourism, MHA MacIntyre Hudson, comments below on the Brexit bottleneck delaying new travel regulation, and urgent action needed to address concerns on the future of air travel and holidays. Consultations for the new Package Travel Directive (PTD) started in Autumn last year but have been dogged by delays and […]
GDPR hits compliance enforcement in May 2018. Below Michael Christensen, a member of (ISC)2’s GDPR Taskforce, lifts the lid on 5 unforeseen consequences of the legislation that businesses may be unaware of. Europe is less than a year away from implementing the biggest data-privacy law in history, yet there is an astonishing failure to understand […]
Below Michael Gallucci, managing director of construction consultancy MPG, advises firms affected by the collapse of Carillion how to respond. When contracting on construction projects, it’s imperative to have appropriate written agreements and programmes in place. Often, contracts give both parties the right to terminate if one or either becomes insolvent. That means you can […]
“The New Year could bring law firms significant cash constraints,” says Giles Murphy, head of professional practices at Smith & Williamson, the accountancy, investment management and tax group. “Late January has always been a tough time for law firms; they can be cash poor due to a combination of a recent quarterly rent payment, a […]
Building your law firm’s reputation from the ground up can be a tiresome and lengthy effort, not to mention you really have to put out. So how are you supposed to get work and do what you set out to do, help people? Below, Abby Drexler, a contributing writer and media specialist for National Crime […]
Carillion, one of Britain’s largest construction companies, which has a number of high-profile public sector contracts and employs around 20,000 people in Britain alone, is set for liquidation, putting jobs and pensions at risk. The company manages over 50,000 homes for military personnel, provides 218 schools’ meal services, maintains 50 prisons, provides 11.500 in-patient hospital […]
Shearman & Sterling is advising Tele2 on the US aspects of its proposed approximately $3.3 billion merger with Com Hem. Under the terms of the merger, Com Hem will be merged into Tele2 and each Com Hem share will be converted into the right to receive 1.0374 Class B shares of the surviving company and […]
So MiFID II just came into force at the beginning of the month, and if you didn’t keep up to date, you’re likely really confused about what it entails and how it might affect you. Felicia Meyerowitz Singh, Co-founder and CEO of Akoni Hub, explains for Lawyer Monthly. MiFID II (Markets in Financial Instruments Directives […]
The conveyancing process usually involves the input of a chartered surveyor, often carrying out a simple mortgage valuation or a more detailed report. Here Robert Desbruslais, Director at Desbruslais Chartered Surveyors gives lawyer monthly his top ten advice points that will help conveyancers guide their clients. 1. A valuation is not a survey A residential […]
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