Last week the Federal Government announced a Royal Commission in to banks big and small, wealth managers, superannuation funds and insurers. It is reported the commission would investigate previous cases of misconduct and whether they highlighted cultural or governance issues in the sector and among regulators.
Monthly Archives: December 2017
Ever wondered what happens if you die without a Will? Do your assets end up with your spouse, your children, or somewhere else? We often hear people say that the State gets your assets if you die without a Will. Thankfully that is not that case in most situations, with each State and Territory having a set of laws (generally called intestacy laws) dealing with the circumstance.
Cleaver Fulton Rankin has been crowned The Legal 500 Northern Ireland Law Firm of the Year 2018.
The Belfast-based commercial law firm which employs 100 staff at its city-centre location fought off stiff competition from other leading practices to clinch the title.
The Legal 500 UK Awards 2018 recognises and rewards the best private practice teams and individuals over the past 12 months.
This case involved a dispute between the tenant (in administration) (TCG) and the defendant (Girdlers) in relation to the proposed assignment of a lease of pub premises in London. The lease contained a provision prohibiting assignment without the consent of the landlord, such consent not to be unreasonably withheld, but prior to seeking consent the tenant was obliged to grant an option to the landlord at its market price.
The tenant went into administration and its administrators entered into a business purchase agreement with a purchaser. The tenant claimed to have made the offer to take back the lease and that the landlord failed to accept it. The tenant also claimed that it sought consent to assign. The landlord disputed that such an appropriate offer was made and also whether the tenant (as opposed to the assignee) had made a valid application for consent. There was also a dispute as to whether the landlord was unreasonably withholding consent in insisting upon a rent deposit or guarantee.
The owner of a shop claimed rights to park on an adjoining car park on the basis that it had acquired rights to do so over a period of 20 years’ use. As the car park owner had maintained clearly visible private car park signs, these were indicative of its continuing objection to unauthorised parking and were enough to stop the shop owner acquiring rights.
Facts of the case
The issue arose in a Court of Appeal case relating to a dispute between the owners of a fish and chip shop and an adjoining social club.
ROYAL OAK, Mich.—One attorney is hoping a recent court decision in an overdraft lawsuit case against a credit union will become a precedent and eventually stem the tide of OD class-action suits likely heading credit unions’ way.
Michael Bell, with Howard & Howard here, told CUToday.info that a motion to dismiss won by his firm in a class-action overdraft lawsuit case against Marietta, Ga.-based LGE Community CU is worth paying attention to.
Following is an excerpt:
The U.S. Senate and House of Representatives have both passed their tax reform bills and will now confer toward creating a unified bill that both chambers can support, and that President Trump will sign. The two bills differ in some key respects, but their implications for health care are already rather clear. Some aspects of the legislation explicitly touch health care, while other effects would be indirect. Overall, it appears that most of the changes would adversely affect many health care industry participants, especially those in the nonprofit sector that would not gain from the reduction in the corporate tax rate that is the central feature of the legislation. …