‘The first trader jailed worldwide for Libor interest rate rigging has been left with a possible route clear his name, despite being refused permission to appeal against his conviction at the UK’s Supreme Court.’
The Independent, 21st May 2024
Source: www.independent.co.uk
‘Two former bankers jailed for rigging interest rates must have their appeal heard by the Supreme Court, senior politicians have said.’
BBC News, 3rd April 2024
Source: www.bbc.co.uk
‘Two former bankers jailed for rigging interest rates are appealing against their convictions after an eight-year battle to clear their names.’
BBC News, 14th March 2024
Source: www.bbc.co.uk
‘In this post, Lisa Fox, a senior associate in the litigation team at CMS, comments on the decision by the Supreme Court in London Borough of Merton Council v Nuffield Health [2023] UKSC 18. The issue before the Supreme Court was whether Nuffield Health is entitled to mandatory relief from non-domestic rates in respect of its occupation of its members-only gym under the Local Government Finance Act 1988.’
UKSC Blog, 3rd January 2024
Source: ukscblog.com
‘The first trader tried and jailed for “rigging” interest rates, Tom Hayes, has won the right to appeal his case after a six-year battle. Mr Hayes, who was sentenced to 11 years in jail in 2015, has been seeking a referral since 2017. He will now have his case referred back to the Court of Appeal.’
BBC News, 7th July 2023
Source: www.bbc.co.uk
‘Nuffield Health is a registered charity. Its purposes are “to advance, promote and maintain health and healthcare of all descriptions and to prevent, relieve and cure sickness and ill health of any kind, all for the public benefit.” It pursues its purposes primarily through the provision of gym facilities, including the gym at Merton Abbey. It also operates private hospitals and clinics. The facilities at Merton Abbey are mainly restricted to fee-paying members. In April 2019, the standard membership fee was £80 per month. Nuffield also offers certain limited services to non-members of the gym. S.43(5) and (6)(a) Local Government Finance Act 1988 mandates an 80 per cent relief from business rates where “the ratepayer is a charity or trustees for a charity” and the premises are “wholly or mainly used for charitable purposes (whether of that charity or of that and other charities)”. Nuffield Health claimed the mandatory relief under s.43(5) and (6)(a) from 1 August 2016, when it acquired the Merton Abbey gym.’
Law & Religion UK, 8th June 2023
Source: lawandreligionuk.com
‘In this post, Lisa Fox, a senior associate in the litigation team at CMS, previews the decision awaited from the Supreme Court in London Borough of Merton v Nuffield Health Ltd.’
UKSC Blog, 24th February 2023
Source: ukscblog.com
“In The Church of Scientology Religious Education College Inc v Ricketts (VO) [2023] UKUT 1 (LC), the issue in the appeal was whether two buildings used by the Church of Scientology in London were exempt from non-domestic rating under the exemption covering places of public religious worship and related church premises. The key to the relevant exemption was that the hereditament concerned had to be, or include “a place of public religious worship”. The Upper Tribunal noted that in R (Hodkin) v Registrar General [2013] UKSC 77, the Supreme Court had ruled that the Scientologists’ London chapel was a place of meeting for religious worship within the meaning of section 2 of the Places of Worship Registration Act 1855 and should be registered for the solemnisation of marriages under the Marriage Act 1949.”
Law & Religion UK, 10th January 2023
Source: lawandreligionuk.com
‘Where a local authority (the “Billing Authority”) has reasonable grounds for believing that a person (individual or company) is liable for national non-domestic rates (“business rates”) in respect to a premises (a “hereditament”), the Billing Authority is likely to serve a demand notice upon that person (the “alleged ratepayer”; or “demandee”) in respect to a liability period. The service of the demand notice being the first stage in seeking payment from the ratepayer.’
33 Bedford Row, 19th December 2022
Source: www.33bedfordrow.co.uk
‘In determining whether someone with a physical presence on a hereditament is in rateable occupation for the purposes of national non-domestic rating (‘Business Rates’) under section 43(1) of the Local Government Finance Act 1988 (‘LGFA 1988’), it is necessary to determine whether that person satisfies the fourfold test set out in Laing & Sons v Kingswood AC [1949] 1 KB 344 (‘Laing’), at 350.”
33 Bedford Row, 30th March 2022
Source: www.33bedfordrow.co.uk
‘Local authorities could be in line for hundreds of millions of pounds in business rates following last week’s landmark Supreme Court ruling, the solicitor who acted for the appellant councils has claimed.’
Local Government Lawyer, 17th May 2021
Source: www.localgovernmentlawyer.co.uk
‘The Supreme Court has unanimously allowed this appeal concerning liability to pay non-domestic rates for periods when unoccupied properties have been leased to special purpose vehicle companies (“SPVs”).’
UKSC Blog, 14th May 2021
Source: ukscblog.com
2021 c. 24 – Fire Safety Act 2021
2021 c. 21 – Animal Welfare (Sentencing) Act 2021
2021 c. 20 – Education (Guidance about Costs of School Uniforms) Act 2021
2021 c. 19 – Botulinum Toxin and Cosmetic Fillers (Children) Act 2021
2021 c. 18 – Prisons (Substance Testing) Act 2021
2021 c. 16 – Education and Training (Welfare of Children) Act 2021
2021 c. 15 – British Library Board (Power to Borrow) Act 2021
2021 c. 13 – Non-Domestic Rating (Public Lavatories) Act 2021
2021 c. 12 – Air Traffic Management and Unmanned Aircraft Act 2021
Source: www.legislation.gov.uk
‘Richard Clayton QC of Kings Chambers and Exchequer Chambers, and Faisel Sadiq discuss the upcoming appeal in Ludgate House Ltd v Ricketts (VO), in which they are instructed to represent the appellant (London Borough of Southwark), and how it is likely to play a significant role in the future of property guardian schemes.’
Hardwicke Chambers, 4th November 2020
Source: hardwicke.co.uk
‘The Administrative Court has thrown out a challenge to business rates liability orders as being “totally without merit”, and has imposed an extended civil restraint order to limit future litigation by the complainant.’
Local Government Lawyer, 5th November 2020
Source: www.localgovernmentlawyer.co.uk
‘At the end of 2021 the London Interbank Offered Rate (LIBOR) will be discontinued. In its place the Financial Conduct Authority is proposing a different rate to become the market standard, the Sterling Overnight Index Average (SONIA). What is the impact of LIBOR’s discontinuance on regulated credit agreements? How might regulated lenders approach a transfer to SONIA? Will the Government legislate to assist with the change?’
Henderson Chambers, 7th October 2020
Source: www.hendersonchambers.co.uk
© Inner Temple Library 2024