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Building Safety Act Raises Construction Biz Insolvency Risk

By William Janes

The Building Safety Act 2022 was designed to make unsafe homes safer, but real estate lawyers say it has also made historic building-safety liabilities harder to isolate, adding to the insolvency risk facing construction companies already squeezed by thin margins, late payments and higher costs.


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Top Stories
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    Russell Brand Sentenced To 10½ Yrs For Rape, Sexual Assault

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    Russell Brand was sentenced on Monday to 10-and-a-half years imprisonment for rape and sexual assault, as a judg...(read more)

  • Addleshaw Goddard, Harvey Partner On Firmwide AI Adoption

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    London-based Addleshaw Goddard LLP has struck up a partnership with legal artificial intelligence company Harvey, which will see the law firm distribute chatbot software to its workforce of over 3,400 attorneys and business services professionals, according to an announcement on Monday.

  • Amersi Says Nepal Deals Had Legit Basis At BBC Libel Trial

    By Ronan Barnard

    A political donor and businessman said at a London libel trial that the BBC had wrongly accused him of possibly knowingly being involved in business deals in Nepal that involved corrupt payments to secure the favor of an oligarch connected to the country's Maoist ruling party.

  • Addison Lee Can't Use Rental Credit To Offset Driver Payouts

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    A tribunal has rejected Addison Lee's attempt to reduce its liability for unpaid holiday pay amid an ongoing worker status feud with its drivers, ruling in a decision released Monday that vehicle rental credits cannot offset the payouts.

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    By Alex Baldwin

    An adviser to the European Union's highest court has suggested that Google could be liable for copyright-infringing Gemini responses, signaling that artificial intelligence developers should prevent their systems from reproducing news articles.

  • Asus Skirts Sales Ban With FRAND Defense Against Ericsson

    By Jamie Lennox

    The Unified Patent Court has denied Ericsson an injunction even though it won its infringement claim against Asus, ruling that the Swedish tech firm failed to comply with its FRAND licensing obligations when bringing the case.

  • Matheson-Led Barings Offers €731M For Irish Landlord

    By Dawood Fakhir

    Asset manager Barings International Investment offered to acquire Irish Residential Properties for approximately €731 million ($819 million) on Monday, in a deal that will take Ireland's largest listed landlord private.

  • Brand Verdict Puts Employers In Spotlight As Reforms Kick In

    By Adele Redmond

    Russell Brand's conviction on Thursday for rape and sexual assault is a warning shot to employers not to prioritize their reputations and relationships with high-profile figures under scrutiny, lawyers say — but they questioned whether a recent legislative reform will have any effect on how complaints are handled in practice.

  • Celeb's Injunction Bid Limits Suicide Risk Route To Gag Press

    By Joanne Faulkner

    A celebrity's failed attempt to block reporting of sexual misconduct allegations solely on grounds of suicide risk has narrowed a potentially significant new avenue for restricting press freedom, lawyers say.

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  • UK Top Court Appeal Could Expand Public Loan Challenges

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    A developer's U.K. Supreme Court appeal over allegedly preferential public loans for a rival's tower blocks could widen challenges to competitors' funding and put authorities under greater pressure to justify their lending decisions, lawyers say.

  • Anthropic Loophole Could Cost UK Secondary Listings

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Expert Analysis

  • Garon Anthony
    Financial Firm Ruling Narrows Push Fraud Recovery Route
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  • Eloise Ryan
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  • Daniel Erskine
    How AI Can Complicate Liability Limits In Contracts
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  • Rachael Healey
    Key Points From High Court Ruling On FOS Time Bar Rule
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  • Ricci Potts
    UK Top Court Eases Creditors' Path To Enforcing Foreign Debt
    The recent U.K. Supreme Court ruling in Drelle v. Servis-Terminal that an unrecognized and unregistrable foreign judgment may found ... (read more)
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