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NEWS
Law360, London: A London court has ruled that MS Amlin Marine NV does not have to pay out to a company it insured, as that business has not yet paid a US$47m arbitration award it owes in damages over a vessel that grounded in the Solomon Islands.
NEWS
Law360, London: The owner of a vessel that ran aground cannot overturn a judgment finding that MS Amlin Marine NV doesn't have to pay out to a company it insured because the insolvent business failed to pay a US$47m arbitration award, an appeals court ruled on 5 November 2025.
NEWS
Huda Ammori, co-founder of Palestine Action, has applied to the UK Supreme Court for permission to appeal the Court of Appeal's June 2026 judgment upholding the proscription of Palestine Action under the Terrorism Act 2000 (TA 2000).
NEWS
Amnesty International UK has published a briefing raising concerns about provisions in Part 1 of the Immigration and Asylum Bill that would establish the Independent Immigration Appeals Authority (IIAA) to replace the First-tier Tribunal (Immigration and Asylum Chamber) (FTTIAC). The IIAA would determine appeals against Home Office decisions and applications for immigration bail, while the Upper Tribunal would remain the second tier of the appeals system. Amnesty's principal concerns relate to the proposed body's independence from the Home Office and the professional qualifications and experience of its adjudicators.
Q&As
The Town and Country Planning (Use Classes) Order 1987 (UCO 1987), SI1987/764, art 3 (Use Classes) at paragraph 6 states: ‘No class specified in Schedule 1 or 2 includes use—(q) as a drinking establishment with expanded food provision’. Because the use identified is not included in a use class, it is therefore clear that this is a sui generis use. This amendment to UCO 1987, SI 1987/764 was added by the Town and Country Planning (Use Classes) (Amendment) (England) Regulations (UCO 2020), SI 2020/757, reg 10(7)(b) made on 20 July 2020, which came into effect on 1 September
GLOSSARY
The reduction of the principal amount over time (often contrasted to a bullet repayment).
PRACTICE NOTES
The general rule under the corporate intangible assets regime in Part 8 of the Corporation Tax Act 2009 (CTA 2009) is that a company’s gains and losses in respect of its intangible fixed assets (IFAs) are computed and brought into account as credits and debits for corporation tax purposes in line with the accounting treatment of those IFAs. In other words, a company’s accounts, prepared in compliance with generally accepted accounting practice (GAAP), provide the basis from which the taxable and relievable items and amounts in respect of a company’s IFAs are derived. This principle is often referred to as ‘tax following the accounts’. The tax following the accounts principle means that where an accounting loss is recognised in determining a company's profit and loss in respect of capitalised expenditure on creating or acquiring an IFA, either by way of amortisation or as a result of an impairment review, a debit is generally brought into account for tax purposes. This provides tax relief for the depreciation of an IFA over its useful life. As an alternative
GLOSSARY
Amortisation refers to the principal amount of the debt being repaid in instalments over the life of the loan. It can be contrasted with a bullet repayment where the principal is paid in one instalment at the end of the life of the loan. The repayments in an amortising loan are often split into equal amounts, payable at regular intervals, for example quarterly or six-monthly. Another common repayment structure for amortising loans, is for the final instalment to be larger than the rest. This is known as a 'balloon repayment'. Alternatively, If the borrower's business is seasonal, the repayment instalments may reflect this with the borrower obliged to make larger repayments when its cashflow is forecast to be at its highest. Interest is typically calculated at regular intervals on the outstanding principal of a loan. Therefore, the key advantage of using an amortising payment schedule is that, because the outstanding principal regularly reduces, less interest is payable overall than would be the case with a bullet repayment.
GLOSSARY
A type of transmission used in either the standard radio broadcast band at 535–1705 kilohertz, shortwave broadcasting, and in some private radio services such as citizens band (CB) and aviation.
NEWS
Arbitration analysis: In this latest installment of the post-Yukos litigation in the Netherlands, the Amsterdam Court of Appeal decided on the last remaining part of the Russian Federation’s setting aside petition against the USD$50bn ECT awards obtained by the former Yukos majority shareholders Veteran Petroleum Ltd, Yukos Universal Ltd, and Hulley Enterprises Ltd (‘HVY’) in 2014. The proceedings before Amsterdam Court of Appeal were limited to an assessment of the Russian Federation’s claim that HVY had committed fraud in the arbitration by (i) making false statements in the arbitration, (ii) withholding documents from the tribunal and the Russian Federation, and (iii) making a secret payment to one of HVY’s main witnesses. On this basis, the Russian Federation contended that the ECT awards violated Dutch public policy. The Amsterdam Court of Appeal’s carefully reasoned judgment demonstrates that Dutch courts take fraud allegations very seriously, but also that a party wishing to raise such allegations must do so at the earliest opportunity and cannot wait until a later stage in the setting aside proceedings before the Dutch courts. Written by Hetty de Rooij, lecturer and external PhD-researcher at Leiden University.
NEWS
Law360: A London court ruled 9 May 2024 that two reinsurers are entitled to cap at £1m a range of expenses they are required to pay after they acquired AmTrust's economic interests in a Lloyd's syndicate.
Q&As
The answer will depend on the specific tenancy agreement. For the purposes of this Q&A, we have assumed that the landlord is not a social housing provider and we have not focussed on the procedure relating to recovering possession after a valid s 21 notice has been served or matters which affect the validity of any s 21 notice. This wording in such an AST leaves some doubt as to the type of tenancy currently in place. Whether a notice is served under s 21(1) or s 21(4) of the Housing Act 1988 (HA 1988) the minimum period of notice which must be given is two months. Further,