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Outlook: Only way of being certain of a retirement in relative comfort is to join the public sector

Insider guidelines get cool response: Exchange will need strong evidence for public censure

THE London Stock Exchange's guidelines aimed at curbing insider dealing received a reluctant welcome from the City yesterday, as sceptics acknowledged that a move towards more formal relations between investors and companies was inevitable.

Football: Sugar delayed announcement over Venables: The new England manager was to be appointed today. Joe Lovejoy explains why he will not be

TERRY VENABLES' appointment as the new manager of England, originally scheduled for today, was postponed under the threat of legal action from Alan Sugar. The Football Association's intention was to confirm that Venables had the job yesterday, prior to an inaugural press conference at Wembley this afternoon, but their plans were scrapped late on Tuesday, after Sugar had thrown a spanner in the works.

Football: Venables faces legal action by Tottenham: Decision on England job delayed

TOTTENHAM HOTSPUR have applied to have a company central to Terry Venables' business dealings wound up. The petition against Edennote, the company used by Venables when he bought into Tottenham with Alan Sugar in 1991, will be heard next month.

Law Report: Arbitration claim is struck out: Yamashita-Shinnihon Steamship Co Ltd v L'Office Cherifien des Phosphates and Unitramp SA - House of Lords (Lord Templeman, Lord Goff of Chieveley, Lord Jauncey of Tullichettle, Lord Browne-Wilkinson and Lord Mustill), 16 December 1993

Section 13A of the Arbitration Act 1950, as inserted by the Courts and Legal Services Act 1990, empowered an arbitrator to dismiss a claim for inordinate and inexcusable delay even where the delay complained of occurred before 1 January 1992, when the new provision came into force.

Hoover stands by for court action: Customers flock to join pressure group as outrage mounts over handling of promotion

A HIGH COURT action against Hoover looks increasingly likely after a flood of applications last week to join a pressure group advised by the City solicitors Herbert Smith.

Hoover pressure group plans High Court action

THE HOOVER Holiday Pressure Group is planning a High Court action, writes Caroline Merrell.

Rival cries foul on travel firm

OWNERS Abroad, which was rocked earlier this month by a profits warning and the departure of its chairman, Howard Klein, is facing a multi-million-pound legal action over an alleged dirty tricks campaign it is said to have waged against a travel company now owned by Airtours, its arch-rival.

Law Report: Overseas insured can be protected: Ackman and others v Policyholders' Protection Board and others; Scher and others v Same. House of Lords (Lord Templeman, Lord Griffiths, Lord Ackner, Lord Goff of Chieveley and Lord Mustill), 15 July 1993

An insurance policy is a United Kingdom policy within the meaning of section 4(2) of the Policyholders Protection Act 1975 if, had any of the obligations under the contract evidenced by the policy been performed at the relevant time, such performance would have formed part of an insurance business which the insurer was authorised to carry on in the UK, whether or not such obligations would have been performed in the UK.

Law Update: New manager

The Westminster firm Lewis Silkin has appointed a new practice manager, Peter Scott. Mr Scott has six years' experience of professional services management, three with the City firm Herbert Smith and three with the architects Fitzroy Robinson Partnership. Lewis Silkin's previous practice manager, Simon Sanger-Anderson, is to take on a fee-earning role, heading the mortgage repossession team shortly to move to Farnham, Surrey.

Law Report: Oath on discovery is conclusive: Lonrho plc v Fayed and others. Court of Appeal (Lord Justice Stuart-Smith, Lord Justice McCowan and Lord Justice Kennedy), 14 June 1993

The oath or affirmation of a deponent in an affidavit of discovery pursuant to an order for specific discovery under Order 24, rule 7 of the Rules of the Supreme Court is conclusive and the other party cannot by cross-examination seek to show it is untrue.

Law Report: Court sets limits on disclosure of seized papers: Morris and others v Director of the Serious Fraud Office and others. Chancery Division (Sir Donald Nicholls, Vice-Chancellor), 31 July 1992

The Serious Fraud Office has no general power to disclose to a company's liquidators information obtained, under statutory powers of search and seizure, when investigating a fraud involving that company.
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