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Company – Administration. A company entered into administration. The company was exposed to possible claims for breaches of trust after it failed, as required by the rules contained in the Financial Services Authority Handbook, to segregate money received from or on behalf of clients. The administrators of the company and the company, as trustee of the client money trust, applied to the Companies Court to enable a settlement agreement to be made between the company, as trustee of the trust, and the general estate of the company, acting by its joint administrators. The court, in allowing the application, held that the terms of the proposed settlement were in the best interests of both the client money pool and the general estate.
Company – Administration. A company entered into administration. The company was exposed to possible claims for breaches of trust after it failed, as required by the rules contained in the Financial Services Authority Handbook, to segregate money received from or on behalf of clients. The administrators of the company and the company, as trustee of the client money trust, applied to the Companies Court to enable a settlement agreement to be made between the company, as trustee of the trust, and the general estate of the company, acting by its joint administrators. The court, in allowing the application, held that the terms of the proposed settlement were in the best interests of both the client money pool and the general estate.
The Chair of the Bar reports back
By Kem Kemal, CEO, Henry Dannell
By BSK Financial Planning
Mário Barroso, Head of R&D and Method Development at AlphaBiolabs
Susie Griffin on the admin that keeps barristers from billable work
Clement Cowley, Partner at The Penny Group, explains how global events can influence the performance of pensions and ISAs, and why taking a long-term approach to investing is often the most effective strategy
Kick off your career at the Bar Council’s Pupillage Fair this October – it’s one of the most valuable opportunities for aspiring barristers, says Amelia Clegg
Join us on Saturday 21 November 2026 at Leeds Beckett University and see for yourself why the North continues to be an exceptional place to build a career at the Bar
The golden age of advocacy? David Langwallner pays homage to the filmic if contentious barrister Sir Edward Carson and some of his contemporaries
Henry Fingerhut outlines what the Bar Standards Board AI guidance means for early career barristers
Not yet, says Jacob Turner. Regulation, unlike the technology itself, is a domain the legal profession can still control
