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08 July 2022
Issue: 7986 / Categories: Legal News , Profession , Regulatory
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Fines to rocket

The Solicitors Regulation Authority’s (SRA’s) fining powers have been increased from £2,000 to £25,000 (a rise of 1,150%), as of last week
Law Society vice president Lubna Shuja said: ‘The Ministry of Justice (MoJ) has ignored the majority views of opposition expressed in response to the SRA’s consultation on the matter. We remain concerned about the lack of independence within the SRA between decision makers and prosecutors, as well as the lack of transparency around SRA decisions. We do not think that the right of appeal to the Solicitors Disciplinary Tribunal (SDT) is an adequate safeguard.’
Issue: 7986 / Categories: Legal News , Profession , Regulatory
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MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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