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| What's Reporting What Sun Done Reporter works at Commons on fake references, serves Prescott tea on balcony, walks into Palace of Westminster with fake bomb in his bag 17.09.04 Sun, Terror Links Hunt Protest Five men reached the floor of the Commons to protest passage of Hunting Bill, first breach since Charles I, men tackled by sergeant at arms in tailcoat, sword, stockings and breeches, eight arrested Telegraph Hunting Bill passed in single sitting, 339 votes to 155 BBC How they voted 16.09.04 Times, Hunting Links Legal War Kofi Anan says intervention in Iraq was illegal from 'UN charter point of view' 16.09.04 BBC, Legal War Links Hunting Delay of two years on ban on hunting with dogs likely to be dropped, next year will be the last 15.09.04 Guardian, Hunting Links Ageism NAO report says lower employment levels among over 50s is costing billions in lost revenue and added welfare 15.09.04 Times, Age Discrimination Links, Employment Law Links Batman 4 Fathers Security chiefs embarrassed by Batman turning up on a balcony at Buckingham Palace, protesting for Fathers 4 Justice Guardian Protester was convicted for harrassing his wife Times Fathers losing touch with children as courts fail to enforce decisions 14.09.04 BBC, Family Law Links Legal P2P New software allows individuals to set up small P2P networks to share files, no actual transfer, allows sharing on scale intended by courts in decisions on consumer copying 14.09.04 Register, Internet Piracy Links Money Laundering Bar Council says extending legal privilege to accountants and other professions would lead to 'another Enron' 13.09.04 Independent, Home Office Consultation, Money Laundering Links, Legal Privilege Links
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Cases & Issues Paedophilia Justice Holland complains at seven year limit on sentences for living off immoral earnings, case of two men who groomed 14 year old boy for prostitution among paedophiles 17.09.04 Guardian, Paedophilia Links Compensation Culture Personal injury claims are costing £27m a day, 40% of payouts go to lawyers, increase in claims running at 15% a year 16.09.04 Telegraph, Personal Injury Links, RTA Links Fathers Many lawyers support principle promoted by Fathers 4 Justice, Marilyn Stowe, Chief Assessor of the Law Society Family Law Panel feels law should be changed to reflect idea of equal parenting 15.09.04 BBC, Family Law Links, Divorce Law Links Apple v Apple Apple Computers is expected to settle with Beatles' label Apple Corps for largest sum in legal history outside a class action, iTunes alleged to break agreement that Apple Computers would not use trademark for any music-related business 14.09.04 Reuters, Trademark Links Sendo v Microsoft UK smartphone maker settles case with Microsoft, claims US software developed passed critical information to low-cost suppliers in East Asia 14.09.04 BBC, Microsoft Links Finucane Unionist and Special Branch informer Ken Barrett pleads guilty to 1989 murder of Nationalist civil rights lawyer Pat Finucane, family and campaigners call for urgent public inquiry 14.09.04 Guardian, Irish Terror Links © Look & Feel Why the High Ct refused claim by Accenture subsidiary Navitaire Inc that EasyJet had infringed the copyright of its airline booking system, essence is that 'look and feel' are not copyright 13.09.04 Butterworths, Copyright Links Café Clash Senior executives at café chain Puccino's have resigned and intend to sue for constructive dismissal, claim new majority shareholder Segafredo Zanetti has failed to meet agreed payments for shares 13.09.04 Times, Employment Law Links 'Have a Go' Employees CBI will claim today that 'have a go' culture among staff is leading to scores of pointless cases Employment Tribunals, doubt that new rules on arbitration will lead to fewer cases 13.09.04 Guardian, Employment Law Links 18
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Business Reward for Failure PIRC is calling on govt to reform law on executive payoffs, challenging Sainsburys to publish legal advice on Peter Davis's pay out 17.09.04 Herald, Pension Links, Pay Off Links Property Tax Change in treatment of capital gains tax on commercial property derivatives in force today, market expected to balloon from few million to several billions as investors take cheap route property exposure 17.09.04 Times, UK Tax Links, Commercial Property Links Planning Fees ODPM has launched consultation on raising fees in planning process, says LAs need to recover costs to keep process efficient 17.09.04 ODPM Press Release, Environment Law Links Abbey HBOS has dropped plans to counter-bid for Abbey, Santander has been cleared to bid by EU regulators Telegraph FSA has been warned about poor governance at Santander, Botin family have four directorships for 2.8% holding, board receive 'abnormally high bonuses' 16.09.04 Guardian, Abbey Links, Competition Links, Governance Links L&G Endowments Legal & General salesman led young couple 'down the garden path', failed to tell them there was risk an endowment fund might end up worth less than the capital debt, three customers testifying 16.09.04 Times, Endowment Links, Financial Services iTunes Probe Consumer Association has referred iTunes to the Office for Fair Trading, claims it is overcharging UK consumers compared to other EU jurisdictions 16.09.04 BBC, Competition Links Savings Tax IMA says it is time to reform tax on mutual funds, different income and capital gains taxes apply to various forms of funds, govt should follow pension tax example and simplify tax savings 16.09.04 Times, UK Tax Links, Financial Services Links Staff Pension Veto New Work and Pensions Secretary Alan Johnson tells TUC he will increase staff consultation in pension plans and refuse employer demands for higher retirement age 15.09.04 Financial Times, Pension Links FSA Offer Illegal Lawyer Charles Flint accused FSA of unlawfully offering reduction in fine if Legal & General eschewed referring endowment misselling case to FSMA Tribunal, claimed case driven by 'internal politicking' at FSA 15.09.04 Telegraph, Endowment Links, Financial Services Links Work Time Opt-Out Unions will have right to veto company opt-outs from 48 hour working week rule, new directive expected to be passed by commission next week 15.09.04 Telegraph, Working Time Links, Employment Law Staff Consultation Regulations are in train requiring firms to consult with their staff on a range of issues, Acas has published note on good practice, but little evidence of preparation 15.09.04 Butterworths, Employment Law Links Bond Markets Citigroup says it regrets €11b European bond trade, selling large tranche of bonds then buying some back at lower price, trade is legal but breaches market protocols, bank says it was 'below our standards' 15.09.04 NY Times, Capital Markets Equitable Rectification Scheme Working Group says policyholders should seek advice on Equitable offer of compensation 15.09.04 Guardian, Equitable Links L&G Endowments Claws come out at first day of FSMA tribunal hearing on L&G misselling endowments, insurer claims regulator has 'brushed aside' standards of evidence in eagerness to be seen to act in £40b endowment crisis 14.09.04 Guardian, Endowment Links Pension Trustees NAPF chief Christine Farnish says pension governance in need of radical reform, 'crying need' for occupational pensions but no one setting up new trust-based schemes Investment & Pensions Europe Actuaries deny govt claim of 'no losses' in Pensions Bill 14.09.04 Telegraph, Pension Links EU Company EU Limited Liability Company Regulations laid before parliament, creates a form of company, Societas Europaea - SE - which will operate uniformly throughout EU 14.09.04 DTI Press Release, Consultation Documents, Company Law Links Pensions, Stupid Calls increase for radical reform of state pension, particularly scrapping of means test Telegraph Govt studying need to raise state pension contributions, potential of raising pension and scrapping other benefits Times Unions warn of strike action over pensions as Blair faces TUC 13.09.04 BBC, Pension Links Bond Markets FSA is to host meeting to look at ways to better regulate fixed income markets, denial that it flows from recent investigations into bond trading at Citibank Financial Times FSA is not 'naturally interventionist' and should look for market solutions, says new head of wholesale Hector Sants 13.09.04 Financial Times, Capital Markets Auditor Liability Shadow economic affairs minister will table series of amendments to Companies Bill to try to force issue of limiting liability for auditors 13.09.04 Times, Company Law Links, Governance Links Endowments Legal & General faces £5m legal bill for appeal against £1m FSA fine, imposed for alleged misselling of endowment mortgages, hearing starts today, first defence of FSA fine before FSM Tribunal 12.09.04 Telegraph, Endowments, Financial Services |
Practice News
Money Laundering Proposed extension of privilege for accountants would apply only to limited circumstances, does not imply advising on legal issues 17.09.04 Law Gazette, Money Laundering Complaints LSCC has appointmented Les Courtnell as Director of Operations, will examine the way that the Law Society handles complaints against solicitors 17.09.04 DCA Press Release, DCA Links, LSCC Links Director Liability Freshfields is taking credit for change of govt view on firms paying legal fees on behalf of directors 16.09.04 Legal Week, Practice Links, Governance Links, Company Law Links Wasted Costs DCA plans to change rules on criminal cases, anyone who causes a case to collapse through serious misconduct could have to pay, at present only parties to case or their lawyers can be held liable 16.09.04 DCA Press Release, DCA Links £1m Law Soc Fines Legal Services Complaints Commissioner (LSCC) will have power to fine Law Society up to £1m for mishandling complaints 14.09.04 BBC, Solicitor Practice Links Searches Credit RatingLegal Documents At a Glance Legal Books Company
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International Asbestos Senate leaders Daschle and Frist have agreed compromise on $140b asbestos compensation fund 17.09.04 Bloomberg, Asbestos Links, Personal Injury Links
Infineon $160m Fine German memory vendor has agreed to pay US Justice Dept $160m fine for price fixing in DRAM market, third largest fine in anti-trust history, Infineon has also promised to help idnetify other firms involved in price fixing 16.09.04 CRB, US Competition Links IT Tracking Patents BTG is to sue Amazon and Barnes and Noble, claimes infringement of two patents in technology used to track online book sales 16.09.04 Guardian, Patent Law Links Martha Stewart Style guru says she will forgo waiver to wait outcome of appeal before serving jail time, prefers to get it over with now, sentenced to five months 16.09.04 NY Times, Martha Stewart Links, US Governance Links Beslan Shamil Basayev is believed to have been the controlling mind behind the Beslan seige, his life in terror 15.09.04 NY Times, Terror Links Prozac Suicide FDA decision requires all anti-depressants to carry 'strong as possible warning' on potential to induce suicide in minors, Prozac is main anti-depressant prescribed for children 15.09.04 Guardian, Pharmaceutical Links, Paxil-Seroxat Links Oracle v PeopleSoft US judgement allowing bid to proceed based on rejection of evidence currently being used by the EU, judge said written answers of BearingPoint undermined by staff testimony 14.09.04 Reuters, Oracle v PeopleSoft Links Sony v MGM A group of investors led by Sony Corp bought MGM - Metro- Goldwyn-Meyer - for $2.8b, 24 hours before MGM agreement was due with Time Warner Reuters NY Times reports $4.8b 14.09.04 NY Times, Sony Links, Capital Markets US Airways Airline goes into Chapter 11 bankruptcy protection for a second time, expressing confidence of reorganisation, but prospects limited, Delta may soon follow 13.09.04 NY Times, US Airways Insolvency Links |
