by Leela | 2020-11-25 | Industry News
Broadcasting Investment Group Ltd & Ors v Smith & Ors [2020] EWHC 2501 (Ch) (“Broadcasting”), is the first decision to consider the so-called “reflective loss” principle since the Supreme Court’s judgment in Sevilleja v Marex Financial Ltd [2020] UKSC 31...
by Leela | 2020-11-20 | Industry News
OVERVIEW The Covid-19 pandemic and consequent economic downturn have often made it difficult for companies to perform their contractual obligations, from making rent payments to shipping goods across borders. Many have attempted to rely on force majeure clauses to...
by Leela | 2020-11-19 | Industry News
On 14 August 2020, the Financial Conduct Authority (“FCA”) published indicators to assess fitness and propriety under the Senior Managers & Certification Regime (“SM&CR”), which can be found here. These include positive and negative indicators which build on...
by Leela | 2020-11-05 | Industry News
Our Managing Director Emma Cleveland was recently interviewed by Mark Brownridge – the Director General of the Enterprise Investment Scheme Association to speak about what the Enterprise Investment Scheme (“EIS”) is and how it works as part of the...
by Leela | 2020-11-04 | Industry News, Us in the Press
Carol Dratovsky Goes, Senior Associate at Cleveland & Co was recently quoted in an article, “UK funds fret over new prudential regime” by Ignites Europe talking about the new prudential regime for investment firms (“IFPR”) in the UK and the...
by Leela | 2020-10-27 | Industry News
In Signature Living Hotel Ltd v Sulyok [2020] EWHC 257 (Ch), the question arose as to whether two deeds of guarantee were enforceable despite having been invalidly executed as a deed. FACTUAL BACKGROUND The applicant sought finance for its developments by way of...
