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Lawbite: The Lease Renewal Pilot Scheme in practice

Eventuate Capital Ltd v Grosvenor Estate Belgravia (E02CL652) The County Court and First-tier Tribunal Unopposed Business Lease Renewal Pilot Scheme has been in place for over 2 years but very few cases have, as yet, proceeded to trial. In one of th...




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Court refuses to interfere with FOS’s decision-making on PPI complaint

Summary The High Court has recently handed down its judgment in R (Critchley) v Financial Ombudsman Service and two others [2019] EWHC 3036 (Admin).  The applicant, Mrs Critchley sought to challenge FOS’s rejection of her PPI complaint on...




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Developing purposeful cultures in the financial services sector

The FCA recently published a discussion paper on transforming culture in financial services. The paper is a collection of short essays by industry leaders, professional bodies and culture experts and is aimed at helping firms to develop and emb...




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U.S. IPO Week Ahead: IPO Pipeline Activity Makes Up For An Empty Calendar





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Helping our clients avoid the potholes - Street works service

Why is getting it right important? Each year statutory undertakers are engaged in hundreds of thousands of street works activities across the country to keep our key utilities and infrastructure running. They must all comply with the New Roads and S...




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Credit and Financial Institutions take note of new opinion on risks of money laundering in the EU financial sector published by European Supervisors this week

As the three European Supervisory Authorities (ESAs) publish a new joint opinion on money laundering and terrorist financing (ML/TF) risks affecting the EU financial sector, Zia Ullah and Ruth Paley take a look at the key risks, noting ...




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Wall Street Vs. Main Street: The Epic Battle Continues - The Australian And Canadian Dollars Could Rise




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Selection criteria that could deter foreign tenderers - the Advocate General’s opinion (Case C 199/07)

In this briefing from our procurement group, Paul James examines the Advocate General’s opinion regarding the treatment of foreign tenderers. Introduction In accordance with the EC Treaty principles, all potential tenderers in the market mus...




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Selection criteria that could deter foreign tenderers - the Advocate General’s opinion (Case C 199/07)

In this briefing from our procurement group, Paul James examines the Advocate General’s opinion regarding the treatment of foreign tenderers. Introduction In accordance with the EC Treaty principles, all potential tenderers in the market mus...




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Family Claims Cambodian Detainee Was Tortured to Death in Prison, Despite Suicide Ruling

The man’s aunt demands that authorities bring his killers to justice.




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Cybersecurity Firm Links Chinese Group to Cyber Espionage in Southeast Asia

Hackers used Aria-body, an intrusive new tool, to attack computers in Thailand, Indonesia, the Philippines, Vietnam, Myanmar and Brunei, report says.




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North Korean leader Kim Jong Un Sends ‘Strategic’ Praises to Xi Jinping

Customs official banished to a remote area after being caught smuggling.




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Pinnacle West Capital Corporation (PNW) CEO Jeff Guldner on Q1 2020 Results - Earnings Call Transcript




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EU Advocate General gives landmark opinion in relation to the VAT treatment of property services to Real Estate Funds (C-595/13)

This week, an Advocate General gave a landmark opinion that the VAT exemption for the management of certain special investment funds can apply to property management, as well as to other fund management services. The opinion represents a completely ...




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Legal professional privilege update: protections and pitfalls

...




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Helping you see the bigger picture - EHSsential: environmental, health and safety news (2020 forecast)

HEALTH AND SAFETY In the courts - cameras to broadcast from the Crown Court for the first time The government has announced new legislation which will permit the sentencing remarks of High Court and senior judges in certain criminal cases to be film...




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Helping you see the bigger picture EHSsential: environmental, health and safety news (February 2020)

ENVIRONMENT Long Awaited Environment Bill Back in Parliament The UK Environment Bill seeks to deliver “the most ambitious environmental programme of any country on earth” by setting a “gold standard” for environmental protect...




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Eversheds Sutherland advises on sale of saracus Group to private equity investor Maxburg Capital Partners

Eversheds Sutherland has advised the CEO and owner of saracus group on the sale of the group to an investment fund managed by private equity investor Maxburg Capital Partners. The parties agreed to keep the purchase price confidential. The client w...




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Interpreting American Public Opinion on International Trade: How Should Asia Respond?

By Marcus Noland HONOLULU (August 23, 2019)—For three generations, the United States championed a rules-based multilateral trading system. That stance was overturned by the election of an avowed protectionist, Donald Trump, as president. It would be understandable for Asians to wonder if this shift amounts to a permanent change in U.S. trade policy, and if so, how to proceed. Trump’s presidential campaign was notable in that it emphasized two issues—immigration and trade—that had seldom been in the forefront of U.S. presidential campaigns. But public opinion polls revealed that these issues were of growing importance to a sizeable number of voters whose preferences mirrored Trump’s protectionist positions.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Alpine Environments under Threat in Hawai'i and New Zealand

By Abby G. Frazier and Laura Brewington HONOLULU (November 11, 2019)—Of all the earth’s environments, alpine regions are arguably the most vulnerable to climate change. This is especially true for alpine areas on islands. Island ecosystems are also particularly vulnerable to damage from human activity and the invasion of alien species due to their isolated and limited land areas.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Dividend Stripping Provisions in Updated Tax Bills

With the delivery of the Medium Term Budget Policy Statement on 30 October 2019, updated and amended draft tax bills have been released highlighting the latest proposed amendments to the relevant tax acts.  The amended bills contain the le...




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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2020 Results - Earnings Call Transcript




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Shipping Update: ‘Valle Di Cordoba’ - Owners’ relief and Charterers’ concern

Introduction In the recent case of Trafigura v Navigazone Montanari, the Commercial Court was asked to decide whether, on its true construction,  an amended Trafigura In-Transit Loss clause (the “ITL Clause”) (as inserted into a Bee...




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China’s Ministry of Commerce sinks proposed “P3” shipping joint venture

China’s Ministry of Commerce (“MOFCOM”) has refused approval for the proposed P3 joint venture between shipping companies Maersk Line, Mediterranean Shipping Company (“MSC”) and CMA CGM (“the Companies”). &n...




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Shipping case update: Firodi Shipping Ltd v Griffon Shipping LLC ("The Griffon") [2013] EWCA Civ 1567

In Firodi Shipping Ltd v. Griffon Shipping LLC (“The Griffon”) the Court of Appeal considered the decision of Teare J. reported in [2013] EWHC 593 (Comm). For our e-briefing article on Teare J’s decision in the Commercial Court,



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Transport legal update: Griffon Shipping LLC v. Firodi Shipping Ltd (The Griffon) [2013] EWHC 593 (Comm)

In Griffon Shipping LLC v. Firodi Shipping Ltd (The Griffon) Teare J considered, in the context of clause 13 of the standard form Norwegian Sale Form (“NSF”) 1993, where a buyer fails to pay the deposit under a memorandum of agreement, w...




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EU implements further sanctions against Russia despite cease-fire in Ukraine

The EU has today published further sanctions against Russia, following agreement between the EU and the US that additional measures were required to respond to, what the EU and US view as, Russia’s continued efforts to destabilise the Ukraine....




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Shipping - LNG Gemini - injurious cargo

The Commercial Court was asked to consider whether a cargo of LNG could be a cargo injurious to the Vessel. The Facts By way of a Time-Charterparty dated 3 January 2011 AOM chartered the LNG Gemini (the “Vessel”) to Golar Commodities Ltd...




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Shipping related disputes - avoiding service out of the jurisdiction

As the shipping community is truly internationally based, issues can often arise when a formal claim is issued in the English High Court that then has to be served outside the UK jurisdiction.  For example, if a dispute arises between a ship ow...




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Shipping - jurisdictional issues following the Brussels Recast

The changes to the Brussels Regulations apply to civil and commercial proceedings commenced on or after 10 January 2015 and are applicable in all 28 EU Member States. The Regulations determine the jurisdiction of commencement of litigation in Courts...




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Shipping - London Arbitration 9/13

Synopsis Pursuant to a contract of sale (the “Contract”) the respondent seller (the “Seller”) agreed to build and sell to the claimant buyer (the “Buyer”) a 9,400 dwt chemical tanker, the Delivery Date (as defined...




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Shipping: Laporte v Commissioner of Police of the Metropolis

Laporte v Commissioner of Police of the Metropolis [2015] EWHC 371 (QB); [2015] 3 Costs L.R. 471 In this case, the Court considered the extent to which a refusal to engage with alternative dispute resolution ("ADR"), (in this case med...




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Shipping: Claim notification clauses

Reviewing the notification requirements in the InterClub Agreement in the wake of Ipsos S.A. v Dentsu Aegis Network Limited (previously Aegis Group plc) [2015] EWCH 1171 (Comm) The Background The recent decision in Ipsos S.A. v Dentsu Aegis Network ...




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Shipping: Supreme Court's decision in Zurich Insurance PLC UK Branch v International Energy Group Limited

The Supreme Court’s decision in Zurich Insurance PLC UK Branch v International Energy Group Limited provides some clarity to the position of Clubs who face long-tail work related illness claims where multiple employers or insurers were involve...




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Shipping: OW Bunker test case - guidance for Shipowners

(1) PST Energy 7 Shipping LLC and (2) Product Shipping and Trading S.A. v (1) OW Bunker Malta Limited and (2) ING Bank N.V. [2015] EWHC 2022 (Comm) In a well-publicised case, the High Court has ruled that shipowners are obliged to pay OW entities un...




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Shipping: Is a label enough? - the "Without Prejudice Rule"

In the recent case of ‘Avonwick Holdings Ltd v Webinvest Ltd and another’ [2014] EWCA Civ 1436, the Court considered whether or not correspondence marked “Without Prejudice and Subject to Contract” should be admitted in evid...




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Shipping: Calculation of damages following an anticipatory breach

Bunge SA v Nidera BV [2015] UKSC 43 This case was first brought to the attention of the Commercial Court in June 2013, when an appeal on the ruling of the first arbitral panel was sought by the Claimant, Bunge SA (“Bunge”). The matter at...




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Shipping: The application of the Athens Convention on claims for a contribution against Carriers

The Court of Appeal’s decision in The South West Strategic Health Authority v Bay Island Voyages [2015] EWCA Civ 708 provides guidance on the application of the Athens Convention 1974 in contribution claims against carriers. The Facts On 26 Au...




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Brexit: Implications for global shipping and sea trade

The buzzword for the post-Brexit landscape both in Europe and further afield is ‘uncertainty’. No-one really knows the long term effect that Brexit will have on local and global economies. However, as the dust settles following the ...




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Lupin Ltd ADR (LUPNY) CEO Vinita Gupta on Q3 2020 Results - Earnings Call Transcript




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Lupin: Soft Earnings Result Highlights The Challenged Outlook



  • LUPNY
  • Opal Investment Research

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Despite Bolsonaro's promises, Amazon deforestation hits a new high in first four months of the year

Deforestation in the Brazilian Amazon hit a new high in the first four months of the year, according to data released on Friday, a worrying trend after the devastation caused by record fires last year.




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Tshwane teacher offers classes on Facebook, Instagram and YouTube to Grade 5 pupils

Tselane Mashilo says she believes teaching should be an holistic process, that you don’t separate the body from the mind.




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Maldives sees rapid spike in coronavirus patients

The Maldives, an Indian Ocean archipelago nation with one of the world's most congested capitals, has seen a rapid rise in coronavirus cases over the past few weeks.




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Little Richard, flamboyant rock 'n' roll pioneer, dead at 87

Little Richard, the self-proclaimed "architect of rock 'n' roll" whose piercing wail, pounding piano and towering pompadour irrevocably altered popular music while introducing black R&B to white America, died Saturday. He was 87.




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Despite Covid-19, Customs in Port Harcourt declare improved N16Billion Qtr 1 revenue

By Egufe Yafugborhi – Port Harcourt Nigeria Customs Service, Area 1 Command, Port Harcourt, Rivers State, has posted N16,180,827,894.00 revenue for the First Quarter of 2020 despite the negative impact of Coronavirus. Customs Area Controller of the Command, Comptroller Auwal Mohammed who disclosed this in an operational report said the revenue was  N2,993,362,850.00 higher than
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The post Despite Covid-19, Customs in Port Harcourt declare improved N16Billion Qtr 1 revenue appeared first on Vanguard News.




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53-year-old farmer arrested for allegedly raping 13-year-old in Ekiti 

By Rotimi Ojomoyela A 52-year-old farmer is currently cooling his heels in Police custody at Igogo-Ekiti, Moba Local government Area, for allegedly raping a 13-year-old girl. The teenager who resides with her grandmother in the agrarian town was sent on an errand when she met the farmer who offered her some corn. On getting home,
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The post 53-year-old farmer arrested for allegedly raping 13-year-old in Ekiti  appeared first on Vanguard News.




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Boko Haram/ISWAP: Nigerian military arrests 28 local, foreign spies

The Nigerian military has arrested 28 suspected spies leaking operational secrets to the Boko Haram and Islamic State in West Africa Province (ISWAP) terrorists. The suspects, both local and foreign nationals are currently under investigation. The arrest followed attacks this week by ISWAP on the military post in Diffa, Niger Republic, located along a border […]

Boko Haram/ISWAP: Nigerian military arrests 28 local, foreign spies




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Ex-convict, ‘Aso Rock’ arrested for allegedly raping woman in Anambra

A 28-year-old ex-convict, Mr. Emeka Okeke, has reportedly arrested a 36-year-old woman (name withheld), with a fake gun, forcing her into two rounds of sex with him. The state police spokesperson, SP Haruna Mohammed, who revealed this on Saturday, said the incident happened on Thursday around Okpuno area in Awka South Local Government Area at […]

Ex-convict, ‘Aso Rock’ arrested for allegedly raping woman in Anambra