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01 October 2024
In July 2024, the Intellectual Property Enterprise Court (a division of the High Court of Justice of England and Wales) delivered its judgment in Aga Rangemaster Group v UK Innovations Group Ltd and Michael Patrick McGinley.
26 September 2024
In significant news for those dealing with personal injury cases involving the assessment of future losses the new discount rate applicable to Scottish claims has now been announced. For the first time since 2017 the rate will be positive being set at +0.5% and, as the report was published today (26th September 2024) and ought to have been laid before the Scottish Parliament at the same time, will take effect from tomorrow (27th September).
19 September 2024
For high growth companies, share options are a strategic tool to attract and retain talent while conserving funds. However, offering share options involves navigating a complex landscape of legal requirements including, crucially, compliance with the Company’s Articles of Association and Employment law. Share options grant employees the right, but not the obligation, to buy company shares at a fixed price after a specified period or upon meeting certain performance targets. For high growth companies, this means incentivising employees with a stake in the company's future success without immediate cash outlays.
19 September 2024
The Civil Litigation (Expenses and Group Proceedings) (Scotland) Act 2018 is best known for bringing Qualified One Way Cost shifting into force in Scotland. However, the Act also contained a number of other elements which have had an impact on insurance litigation including allowing for Success Fee arrangements directly between claimants and solicitors and Group Proceedings. Despite receiving royal assent on 5 June 2018 the provision regarding the liability of third party funders has not yet been brought into force.
18 September 2024
The Economic Crime and Corporate Transparency Act 2023 (ECCTA) creates a new criminal offence of failing to prevent fraud.
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