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28 May 2019
Issue: 7842 / Categories: Legal News , Profession , Property , Insurance surgery , Insurance / reinsurance
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NLJ: focus on property

For property solicitors, the intricacies of legal indemnity insurance ‘can often get lost in translation’, says legal indemnity executive and former underwriter Chloe Mulroy.

She fields daily calls from solicitors with queries about policies, and summarises these questions and concerns in this week’s NLJ property supplement.

Meanwhile, barrister Veronica Cowan examines how rogue managing agents can cause delays in leasehold conveyancing, and tax consultant David Hannah asks why solicitors are getting their Stamp Duty Land Tax sums wrong. Could it be time for conveyancing and taxes to go their separate ways, Hannah asks? He reports ‘growing murmurs’ of divorce unless simplification of this increasingly complicated tax takes place.

Also appearing in the property supplement, Sheila Kumar, chief executive of the Council for Licensed Conveyancers, talks about a proposed cut in practising fees, and defence barrister Jessica Sobey explains why estate agents can be a crucial line of defence against money laundering.

 

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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