Articles - DAC Beachcroft

Articles

October 2017

Assignment of Claims by Company in Liquidation - A failed application

Assignment of Claims by Company in Liquidation - A failed application

In Global Corporate Limited v Dirk Stefan Hale [2017] EWHC 2277 (Ch), the Applicant, the assignee of the claim in question, failed in its application ...

Ireland - Far reaching changes to limitation periods applicable to financial products

Ireland - Far reaching changes to limitation periods applicable to financial products

Enacted in July of this year, the Central Bank and Financial Services Authority of Ireland (Amendment) Act 2017 contains significant and far reaching ...

Singularis v Daiwa - a detailed examination of the illegality defence

Singularis v Daiwa - a detailed examination of the illegality defence

The decision of Mrs Justice Rose in Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd [2017] EWHC 257 determined that a financial institution ...

Changes to Accountants’ Indemnity Insurance - what goes round comes around?

Changes to Accountants’ Indemnity Insurance - what goes round comes around?

In May 2017, various changes were made to the ICEAW's Professional Indemnity Insurance Regulations and in particular, the minimum approved wording. Th ...

James Shepherd v Byrne & Partners - “unprompted” voluntary disclosure in the context of tax saving schemes

James Shepherd v Byrne & Partners - “unprompted” voluntary disclosure in the context of tax saving schemes

Although a claim against solicitors, this recent tax negligence case is worthy of note by those working in the accountancy field. During 2010, Mr Shep ...

Crypto Currencies, Crowdfunding and Litigation Funders: costs recovery against non-party funders

Crypto Currencies, Crowdfunding and Litigation Funders: costs recovery against non-party funders

In terms of professional negligence claims, accountants and in particular auditors have benefited from the low volume of corporate insolvencies, the 2 ...

HMRC issues guidance on the new Criminal Finances Act 2017

HMRC issues guidance on the new Criminal Finances Act 2017

The Criminal Finances Act 2017 ("the Act") came into force on 30 September 2017 and improved the UK government's ability to tackle tax evasion, money ...

GDPR: how accountancy firms can prepare for the enhanced regime

GDPR: how accountancy firms can prepare for the enhanced regime

Data protection law in the UK is set for a radical overhaul in 2018 and accountancy firms should be preparing now for the changes and the compliance c ...

Accountancy Newsletter October 2017

Accountancy Newsletter October 2017

DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and contacts.

Real Estate Tip of the Week: What are you implying?

Real Estate Tip of the Week: What are you implying?

Frequently contracts, including leases, may not fully express all the intentions of the contracting parties. However a term can sometimes be implied i ...