If the Attorney General1 considers that a sentence passed by the Court Martial2 in respect of an offence of criminal conduct3 is unduly lenient, and either of the relevant conditions are satisfied, he may refer the case to the Court Martial Appeal Court4 for it to review the sentencing of the offender5. The relevant conditions are that the corresponding offence under the law of England and Wales is under that law an offence which, if committed by an adult, is triable only on indictment, and that the case is of a description specified for these purposes in an order
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions typically found in an escrow
Tipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear.
When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the company may want to ensure that relevant creditors quickly enter a standstill agreement to gain some breathing space to consider a restructuring
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