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Law digests: 15 July 2022

15 July 2022
Issue: 7987 / Categories: Case law , In Court , Law digest
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Company

Re ALL Scheme Ltd [2022] EWHC 549 (Ch), [2022] All ER (D) 121 (Mar)

The Chancery Division allowed an application, brought by a newly established company which had executed a deed poll to assume joint liability to creditors of a group of companies (Amigo), for permission to convene simultaneous scheme meetings to consider two alternative schemes of arrangement under Part 26 of the Companies Act 2006, namely the New Business Scheme (NBS) and the Wind-Down Scheme (WDS), in circumstances where Amigo, providers of guarantor loans, faced a significant number of claims, made through the Financial Ombudsman (FOS fee claims) or otherwise (redress claims), in relation to their mis-sale of loans based on the affordability for the customers. The court held that: (i) as in Re Port Finance Investment Limited [2021] EWHC 378 (Ch), there was no obvious ‘roadblock’ which would lead the court at the sanction hearing to consider that the release of Amigo companies and their directors by way of the deed of release fell outside the scope of Part

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MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
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