UK: C&Co shortlisted for Modern Law Award 2019
by Emma Cleveland|12 December 2018|Awards
We are thrilled to announce we’ve been shortlisted for ABS of the year at the Modern Law Awards 2019!
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Europe
UK: C&Co recognised for gender diversity in the Women in Investment Awards 2018
by Emma Cleveland|4 December 2018|Awards
We are thrilled to announce that we were highly commended at the recent Women in Investment Awards 2018 for our contribution to gender diversity. The judges said: “This company should be applauded for welcoming employees from all backgrounds and also encouraging flexi-working and part-time applicants, as a result 88% workforce are female.” Please click here for full […]
Read moreEffect and interpretation of non-assignment clauses
by Emma Cleveland|28 November 2018|Industry News
The case of First Abu Dhabi Oil Bank (“First Abu Dhabi”) and BP Oil (“BP”) (2018) examines the relationship between a non-assignment clause without the other party’s consent and a warranty in a receivable financing contract specifying that one of the parties is not prohibited from disposing of the receivable. The case raises issues in relation […]
Read moreFiduciary duties
by Emma Cleveland|22 November 2018|Industry News
In the recent case of Keystone (“Keystone”) and another vs Parr and other (September 2018), the Court found that a director was in breach of his fiduciary duty when he sold his shares to the other shareholders, and then left to set up a competitor company. Furthermore, his actions triggered the bad leaver provisions in the […]
Read moreCourt upholds drag along provisions
by Emma Cleveland|20 November 2018|Industry News
In Cunningham and Resourceful Land Ltd and others (August 2018) the High Court upheld a drag along provision, confirming the validity of a shareholders’ sale of his shares in the company. Where several people invest in a company, they often put in place a shareholder’s agreement to regulate their relationship. Provided that such an agreement is drafted […]
Read moreBad leaver provisions
by Emma Cleveland|14 November 2018|Industry News
In the recent case of Signia Wealth(“Signia”) and Vector Trustees Ltd(“Vector”) [2018], the High Court of Justice ruled that Signia’s bad leaver provision did not breach the penalty doctrine, and was therefore enforceable. THE FACTS The case originated when Ms Dauriac, managing director of Signia, following an already deteriorated relationship with the founder of Signia, […]
Read moreUK Cryptoassets taskforce publishes final report
by Emma Cleveland|13 November 2018|Industry News
Earlier this week, the UK’s Cryptoassets Taskforce (consisting of HM Treasury, the Financial Conduct Authority (the “FCA”) and the Bank of England) (the “Taskforce”) published its final report, providing an overview of cryptoassets and underlying technology as well as an assessment of the risks and benefits of such assets and the path forward for UK […]
Read moreHedge funds and leveraging: Court finds in favour of investment manager
by Emma Cleveland|6 November 2018|Industry News
The Privy Council recently upheld a decision that a hedge fund manager had not acted dishonestly or improperly when it failed to accurately describe to its client, the structure of its fund, and the way in which their client’s investments were being leveraged (Al Sadik v Investcor Bank [2018](“Investcorp”). FACTS In March 2018, at the […]
Read moreThe Law Commission Consultation Paper: Electronic execution of documents
by Emma Cleveland|31 October 2018|Industry News
A project to enhance the electronic execution of documents came out of the Law Commission’s 13th Programme of Law Reform in January 2018. Subsequently, a consultation paper was published on 21 August 2018 and the Law Commission is requesting feedback on certain proposals in relation to the use of electronic signatures and deeds (the “Consultation”). […]
Read moreFCA: the cycle of deregulation, crisis and regulation
by Emma Cleveland|30 October 2018|Industry News
On 2 October 2018, the Financial Conduct Authority’s (“FCA”) Chair, Charles Randell, delivered a speech on the damaging cycle of deregulation, crisis and regulation (the “Speech”) at the annual Association for Financial Markets in Europe (“AFME”) conference, and ultimately warned against the dangers of deregulation. SUMMARY The FCA recognises how damaging the cycle of deregulation, crisis […]
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