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Blog

Facing the cold splash of reality and mandatory reporting on the gender pay gap: what's next for UK employers?

Published on 07 September 2015. By Kelly Thomson, Legal Director

As one of Enid Blyton's characters in Five Have a Mystery to Solve, exclaimed:

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Blog

Court of Appeal rules on limitation and concealment in competition damages claim

Published on 04 September 2015. By Chris Ross, Partner and Andy McGregor, Head of Civil Fraud

In the recent decision of Arcadia Group Brands Ltd & Ors v Visa Inc & Ors[1] ...

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Publication

Corporate tax update

04 September 2015

Welcome to the latest edition of our corporate tax update, written by members of RPC’s Tax team and published quarterly. In this edition we highlight some of the key tax developments of interest to UK corporates from the second quarter of 2015.

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Blog

Marine Insurance: Current Good Faith Rules Continue To Cause Blot On The Landscape?

Published on 04 September 2015. By Iain Anderson, Partner

We have less than twelve months until insurance contracts written under English law will be subject to the new provisions of the English Insurance Act 2015.

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Publication

Tax update

03 September 2015

Bequeathing DOTAS

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Blog

Success for taxpayer before the Supreme Court in pension scheme case

Published on 03 September 2015. By Nicole Kostic, Senior Associate

In John Mander Pension Scheme Trusts Limited v Commissioners for Her Majesty's Revenue and Custom's [1], the Supreme Court has allowed the appellant's appeal ...

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Blog

Time is running out… clarity on time bar at FOS?

03 September 2015

New DISP pro forma final response language seems to allow firms to be more confident when time barring complaints.

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Blog

Time is running out… clarity on time bar at FOS?

03 September 2015

New DISP pro forma final response language seems to allow firms to be more confident when time barring complaints.

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Blog

MEES: The legal implications

02 September 2015

The Minimum Energy Efficiency Standards regulations (MEES) will implement legislation that could make the potential benefits of "being green" tangible.

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Blog

Article 29 Working Party keeps up the pressure on data reform discussions

02 September 2015

The EU data protection reform package has entered its decisive phase. The first trilogue between the European Parliament, the European Commission and the Council of Ministers began on 24 June 2015 but, even at this late stage, there are many key concepts still to be finalised.

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Blog

September 2015- New GAP Insurance Rules out

28 August 2015

On 1 September, new rules on GAP insurance come into force.

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Blog

Regulatory censure of the Co-op really does send a message

28 August 2015

The FCA and PRA jointly censured The Co-operative Bank plc for various regulatory breaches.

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Publication

VAT update

27 August 2015

HMRC Brief 10/2015 clarifies VAT treatment of direct marketing supplies using printed matter

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Publication

FX market manipulation claims: ongoing developments

27 August 2015

Recent settlements give impetus to claims

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Blog

Searching Requirements when applying for Search Warrants

Published on 27 August 2015. By Robert Waterson, Partner

The Divisional Court (Davis LJ and Hickinbottom J) has confirmed, in [2015] EWHC 1283 (Admin), that state agencies applying for search warrants have a duty to make full disclosure to the court and the court should take an inquisitive approach when considering any such application.

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Blog

The Catalyst effect: ping pong between the FCA and Upper Tribunal?

21 August 2015

The recent judgment of the Upper Tribunal in relation to the conduct of two directors of Catalyst Investment Group Limited serves as a reminder to those working in the financial services sector about the potential ramifications for individuals should consumers be misled.

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Publication

Tianjin explosions leave insurers exposed to claims

21 August 2015

On 12 August 2015, multiple explosions occurred in the Chinese city of Tianjin, a major industrial port and goods gateway to Beijing.

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Blog

Transparency by design – putting FOIA at the forefront of public sector outsourcing contracts

20 August 2015

Earlier this year, the Information Commissioner's Office (ICO) published a guidance document recommending some steps for public authorities (Authorities) to take when entering into outsourcing arrangements to help them comply with their freedom of information obligations.

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Blog

Taxpayer's application to have HMRC's winding-up petition dismissed fails due to lack of evidence

Published on 19 August 2015. By Adam Craggs, Partner

In Winnington Networks Communications Ltd v HMRC[1], the Chancery Division Companies Court (Nicholas Le Poidevin QC) refused the taxpayer company's application to have HMRC's winding-up petitions dismissed ...

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Blog

Modern slavery – what will you be declaring from this October onwards; and how will you be ensuring that actions and words align?

19 August 2015

Much of the news of the last couple of weeks has been dominated by the migrant situation in Calais and the knock-on effect this side of the tunnel.

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Blog

Court confirms its wide discretionary power to extend time in consent orders

Published on 18 August 2015. By Geraldine Elliott, Partner

In Safin (Fursecroft) Limited v The Estate of Dr Said Ahmed Said Badrig (Deceased)[1], the Court of Appeal considered the principles that apply to an application for extension of time for compliance with obligations set out in a consent order.

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Blog

Reminder: new GAP insurance rules in force from 1 September 2015

18 August 2015

The FCA's new rules on the sale of Guaranteed Asset Protection (GAP) insurance will come into force in a fortnight's time on 1 September 2015.

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Press and Media

New trade mark registrations for beer brands rise by 12%

17 August 2015

Rise of supermarket own brand craft beers adds to sector's expansion

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Blog

Service charge interpretation and the cautionary tale of Arnold v Britton

17 August 2015

In the recent case of Arnold v Britton[1], the Supreme Court considered the meaning of a service charge clause in a long lease which would result in the tenant paying service charges of over £550,000 per annum by 2072.

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Blog

No relief for late commencement of arbitration

14 August 2015

Once upon a time, if one was unfortunate enough to miss a contractual, as opposed to statutory, time limit for commencing arbitration, relief could be sought and often obtained from the High Court under Section 27 of the Arbitration Act 1950.

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Blog

FCA's new referral criteria: Are they really that transparent?

14 August 2015

An updated set of enforcement referral criteria has been published by the FCA in response to recommendations made by HM Treasury at the end of last year.

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Press and Media

RPC takes lead role acting for Hyperion on its acquisition of Perkins Slade

13 August 2015

City-headquartered law firm RPC has advised Howden UK, part of Hyperion Insurance Group, on its acquisition of leading independent insurance broker, Perkins Slade Forrest Holdings Limited.

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Blog

Business Rates: Don't pull the Woolway over your eyes

13 August 2015

A recent Supreme Court decision on business rates had the RPC Real Estate team talking, and not just because it related to our second & sixth floor neighbours, Mazars.

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Blog

Court of Appeal rejects HMRC's appeal and application for a stay in judicial review proceedings

Published on 12 August 2015. By Nicole Kostic, Senior Associate

The Court of Appeal (Arden LJ, Black LJ and Floyd LJ) recently confirmed the circumstances in which the Court will exercise its case management powers and grant a stay where a taxpayer is pursuing both an appeal before the First-tier Tribunal ("FTT") and judicial review ("JR") proceedings in the Administrative Court.

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Blog

The risk of a pyrrhic victory for claimants relying on damages clauses for the calculation of compensation in the absence of actual loss

Published on 11 August 2015. By Charlotte Henschen (née Ducker), Senior Associate

The Supreme Court has handed down a unanimous decision which confirms that clauses which provide a contractual mechanism for the calculation of damages remain subject to standard rules of construction.

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Blog

Asos Supreme- what will a change in the law mean?

Published on 11 August 2015. By David Cran, Partner

Earlier in April, we wrote an article on the Court of Appeal decision in the Assos v Asos trade mark dispute.

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Blog

Live to Work or Work to Live

11 August 2015

“But what are the hours really like?” is a question that all trainees have been asked at some point, either by fresh faced law graduates sizing up the right firm for them, or by colleagues in other seats assessing their next move.

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Press and Media

RPC retains 79% of Trainees in latest UK intake

11 August 2015

City-headquartered law firm RPC has retained 79% of Trainees who are set to qualify in September 2015, meaning 15 of the 19 Trainees who applied to qualify at the firm in the UK have taken up NQ positions.

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Blog

Financial Advice Market Review – Bridging The "Advice Gap"?

Published on 11 August 2015. By Matthew Watson, Associate

HM Treasury have embarked on what they call a "major new review to radically improve access to financial advice".

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Blog

Complaints handling: Key amendments announced by the FCA

07 August 2015

Our recent blog highlighted the key changes made to DISP rules by the ADR Directive.

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Blog

The better part of discretion is – an implied term?

Published on 07 August 2015. By Christopher Whitehouse, Senior Associate and Davina Given, Partner

In Portsmouth City Council v Ensign Highways Ltd [2015] EWHC 1969 (TCC), the High Court implied a term imposing limits on a party's contractual discretion, ...

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Blog

Hong Kong: legal advice privilege – important development for corporates

Published on 07 August 2015.

In an important judgment, the Hong Kong Court of Appeal has recently decided that legal advice privilege (often referred to as “solicitor-client” or “attorney-client” privilege) can extend to confidential internal communications ...

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Blog

High Court dismisses investors' judicial review challenge to the legality of APNs in Rowe and Others v HMRC

07 August 2015

The eagerly awaited judgment of the Administrative Court (Mrs Justice Simler) in Nigel Rowe and Others v HMRC[1], was handed down last Friday.

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Blog

The Scotland Bill - a soon to be taxing issue

07 August 2015

The Scotland Bill, is currently making its way through the legislative process and many of its powers will come into force at the start of the next tax year.

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Blog

Lord Justice Jackson tackles Costs Management

Published on 07 August 2015. By Jonathan Wyles, Legal Director

The post-Jackson costs management regime celebrated its second birthday earlier this year.

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Blog

Broker M&A – indemnity revisited

Published on 07 August 2015. By Jonathan Charwat, Senior Associate

Last year, we reported on a High Court decision on the proper interpretation of an indemnity in a share sale agreement relating to an insurance broker.

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Publication

Hong Kong: legal advice privilege – important development for corporates

06 August 2015

In an important judgment, the Hong Kong Court of Appeal has recently decided that legal advice privilege (often referred to as “solicitor-client” or “attorney-client” privilege) can extend to confidential internal communications between employees of a client organisation, provided those communications were created for the sole or dominant purpose of obtaining legal advice.

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Publication

Tax update

06 August 2015

Cross Purposes: HMRC investigation teams to merge

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Blog

Transfers, exit fees and financial advice - what next for the pension freedoms?

Published on 05 August 2015. By Rachael Healey, Partner

What do exit charges, the pension transfer process and financial advice all have in common?

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Blog

Limiting liability in standard terms: cause for concern?

Published on 03 August 2015. By Laura Martin, Senior Associate and Davina Given, Partner

Practitioners may wish to reconsider their approach to drafting standard terms after the High Court found that various limitation of liability clauses in standard term business-to-business contracts were unreasonable under the Unfair Contract Terms Act 1977 (UCTA)[1].

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Blog

Power to the Pensioners?

Published on 31 July 2015.

It has been customary in recent years for George Osborne to pull a proverbial rabbit out of his red ministerial box.

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Blog

Entrepreneurs' relief not available for disposal of syndicate capacity by a Lloyd's name

Published on 31 July 2015. By Robert Waterson, Partner

In Carver v HMRC [2015] UKFTT 0168 (TC), the First-tier Tribunal (FTT), has provided helpful guidance on the key requirements of entrepreneurs' relief (ER), under section 169H, Taxation of Chargeable Gains Act 1992 (TCGA).

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Blog

No way out: a recent Supreme Court decision re-states the principles of contractual interpretation and provides a salutary reminder that the English Courts are wary of re-writing "bad bargains"

Published on 31 July 2015. By Alan Williams, Partner and Simon Hart, Partner

The Supreme Court's decision in Arnold v Britton provides a salutary reminder of the reluctance of the English Courts to re-write "bad bargains" even if they have catastrophic unforeseen commercial outcomes for one of the contracting parties.

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Blog

"That don’t distress me much …"

31 July 2015

George Osborne's pledge to tackle the housing crisis, if acted on, should see an increase in housebuilding.

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Blog

Getting Over Time

30 July 2015

The five day working week is the norm in the professional services sector, but is it the most effective basis for structuring our time? After all, professional services do not roll off the end of a production line.

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