11 September 2000
President Putin's ringing endorsement last Sunday of production-sharing agreements (PSAs) in Russia came as a welcome surprise. Indeed, it may just lead to the final reforms needed to attract the billions of dollars that western companies appear ready to invest in Russia's energy sector. Speaking in Sakhalin at the well-attended PSA 2000 Conference, Putin also made the unanticipated announcement that PSAs would henceforth be within the purview of German Gref, Russia's Minister of Economic ...
Allen & Overy has responded to the boom in initial public offerings (IPOs) by setting up a dedicated equity capital markets group.
Are Cardiff clerks hindering the development of their barristers, who risk losing out to London sets? Bal Khela reports
Bristol-based Bevan Ashford is expanding its commercial litigation practice with the appointment of a new partner, Robin Neill, from Stephenson Harwood.
Rollercoaster tells the story of the rise and fall of the emerging markets. Starting with a spot of currency trouble in Bangkok in 1997, the panic spread across Asia, Russia and then Latin America.
With its successful insurance litgation practices and the popularity of the Mercantile Court, Bristol is one of the few regions where barristers are actually benefiting from the introduction of the Woolf Reforms. Bal Khela reports
San Francisco firm Brobeck Phleger & Harrison is taking on five intellectual property partners to boost its Washington DC office and launch a new outpost in Northern Virginia.
Scottish commercial law firm Burness has recruited two new partners to head its pensions and finance departments.
CMS CAMERON McKenna has won Canadian software specialist IQ-Ludorum as a corporate client after helping to steer the company to a successful flotation on the London Stock Exchange's Alternative Investment Market (AIM) in August.
The tragic case of Siamese twins joined by the lower abdomen reached the High Court this week, as Lord Justice Ward lost sleep over the dilemma which will see at least one of the twins die. The parents, who come from an eastern European Catholic community do not want surgeons to separate the twins as the operation will result in the death of the weaker one, Mary. But surgeons want to give Jodie, the stronger one, who is at the moment acting as a life support machine for Mary, a chance ...
Simons Muirhead & Burton, SJ Berwin, Allen & Overy, Clifford Chance, Herbert Smith and Kingsley Napley each advised ...
CMS Cameron McKenna's Swiss alliance CMS von Erlach Klainguti Stettler Wille has taken on a new corporate partner.
Gordon Pollock QC
Gordon Pollock QC, continued
Deutsche Bank's head of legal in trading and derivatives has left.
DLA is about to sign up Italian firm De Berti Jacchia Perno & Associati to its D&P alliance.
DLA has strengthened its presence in Brussels with the appointment of a second competition partner.
New York firm Fried Frank Harris Shriver & Jacobson is launching its English law practice with a new partner from O'Melveny & Myers in London.
Halliwell Landau's senior partner is stepping down after six years service to return to full-time fee-earning.
Hammond Suddards Edge advised Igroup on the £300m securitisation of residential non-conforming mortgages. The deal is made up of £264m of AAA-rated notes, £24m of A and £12m of BBB-rated notes. Associate Gary Walker led the transaction assisted by solicitor Anjlia Rajani. Igroup was also advised by its in-house counsel. Allen & Overy advised Morgan Stanley Dean Witter which acted as lead manager.
Hugh Nineham, head of corporate practice at Lovells, is seen by some as the saviour who pulled the practice out of its slump. Julia Cahill meets the man who modestly claims that the firm has no individual stars
The Belfast office of PricewaterhouseCoopers has lost its director of corporate legal services to ICL.
A pound of spuds, which will land a Sunderland greengrocer in court. Steven Thoburn is the first trader to be prosecuted for continuing to use pounds and ounces to serve customers. The market stall owner refused to use the metric system which is a requirement under European law. After allegedly ignoring a warning to switch to the "new" system, which the 36-year-old would have been taught in school, two policemen raided his stall and confiscated his offending scales. He is being backed ...
m Andre Suard, hairdresser of Cherie Booth QC (above), who Booth deemed trustworthy to look after Baby Leo while she gave a speech at the New York University Law School symposium. In-depth reports from the no-nonsense Daily Mail re...
The Lawyer has developed a new theory on office behaviour. He is quite taken with the idea of writing one of those mono-subject books, such as Butter: the Yellow Brick of Desire, or Pencils: One Man's Search for a Crayon Called HB that will net him a longitudinal-size fortune. I'm not sure that The Call of the Water Cooler will make him a former lawyer in demand for Radio 4 programmes starring argumentative academics, but it's a start.
Linklaters & Alliance's Budapest office is separating its IT and telecoms department from its corporate team as the sector continues to grow in the region.
Tania Sless reports on the impact of the Civil Procedure Rules on the extension deadlines for serving a claim form
Small Liverpool chambers 42 Castle Street has won a contract for indemnity work worth an estimated £5-6m in annual fees.
LOVELLS is to enter the Italian market with the opening of fully integrated offices in Milan and Rome in October. This comes as the next step in its strategy to create a one-stop international firm.
Simmons & Simmons initiated the PricewaterhouseCoopers report which convinced the New Millennium Experience Company (NMEC) and the Millennium Commission not to close the Dome early.
San Francisco firm Morrison & Foerster (MoFo) is moving a partner in from the US to head the London office and to spearhead an aggressive expansion.
Nabarro Nathanson represented Henderson Investors on behalf of Pearl Assurance on the euro400m (£244.8m) acquisition of a portfolio of shopping centres in Europe. The 14 centres, valued at up to euro225m (£137.7m), are located across the continent. Partner Kevin Stimpson led a team of six, assisted by Simon Staite and Nick Collins, which worked alongside other European law firms including Uría & Menéndez ...
Washington DC firm Arnold & Porter is boosting its tax and real estate practices with a partner from local rival Steptoe & Johnson.
Olswang has taken on a partner in the film and television practice at SJ Berwin, Jacqueline Hurt.
Vincent Denham says stringent quality assurance tests are needed to assess legal service delivery
Traditionally, quality management and its associated systems and standards belonged within manufacturing environments, where conformance to specifications was always paramount. Even when service businesses embraced the idea of quality in the mid-1980s, the focus was on frontline customer care-style "smile training". Indeed, the quality of the service product or its processes were rarely considered.
"I just think that the whole thing is a complete waste of time."- Gordon Pollock QC on the Woolf Reforms.
In a test case, Fort William Sheriff, Colin McKay ruled that two Mallaig fishermen could not receive a fair trial because the £500 cap on legal aid fees in Scotland limited their access to justice.
The Queen's cousin Lady Elizabeth Anson and socialite Ivana Trump were both ticked off by Recorder David Barnard for refusing to go to mediation over a bill for a surprise party. A seven-year spat between the two ended with a £110,000 legal bill for loser Anson, who in 1993 was hired by Trump to organise a surprise birthday party for her then fiance Riccardo Mazzuchelli at the sumptuous Manoir Aux Quat'Saisons. The dispute arose over the £36,500 bill which was £12,500 more than Trump ...
Linklaters & Alliance acted for Irish financial institutions EBS Building Society and the Bank of Ireland on mortgage securitisations valued at more than euro995m (£609m). Advice was given on two separate securitisations, the first on a pool of financial mortgages for the Bank of Ireland worth euro500m (£313m), and the second on a pool of mortgages for EBS to the value of euro495m (£306m). A team of ...
Following the announced retirement last week of leading libel silk George Carman QC, 4-5 Gray's Inn Square has lost seven of its public law tenants.
Chicago firm Sidley & Austin is flying in two partners from its foreign offices to boost its international finance practice in London.
The decision of several leading law firms to take all or part of their recruitment process in-house has thrown open the debate about the best way to secure the services of the most sought after lawyers. The initiative is not universally supported, but advocates claim it offers a more focused service and can save both money and time.
Devolution may have caused some ructions for Wales, but it has also inspired an economic boom. Julia Cahill reports on the benefits that independence has brought
After a period of sustained economic growth and increasing profitability, the legal sector, in common with many others, finds itself with a dearth of talented people and dramatically rising labour costs. One can barely pick up a legal sector news publication without registering the sense of disillusionment felt within law firms, including that of partners. The response to this has been in some respects predictable and in others, extraordinary.
Established: January 1994
Counsel used recently by the Welsh National Assembly:
Those who have made the move from the City are overwhelmingly positive about their experience in the regions. Perhaps you would expect as much, but their evidence is convincing nonetheless.
The work of the Office of the Counsel General (OCG) falls into three broad areas: drafting subordinate legislation; advising the assembly; and representing the assembly in litigation. The OCG instructs the Treasury Solicitor in connection with most litigation, and Eversheds' Cardiff office in connection with a large part of the non-core advice work. Core advice concerns legislation, policy development, ...
One of the Commonwealth's most expensive litigation cases ever has been left without a key player in the defence team after Nicholas Patten QC was invited to become a judge.
"To publish and be damned" is not the only legal headache a newspaper and magazine publisher such as Trinity Mirror faces. Its commercial interests cover 165 national and regional newspapers, sports publications, magazines, managing and staging exhibitions, and also provides internet services.
London firm Vizard Oldham is taking on a leading healthcare litigation partner from Capsticks in a drive to turn its focus away from insurance litigation.
The London office of US firm Weil Gotshal & Manges has completed its first major deal for investment bank Goldman Sachs International.
New York firm Weil Gotshal & Manges is boosting its US banking and finance practice in London by drafting in two new partners.
Canadian firm Goodman Phillips & Vineberg has lost its Hong Kong managing partner to White & Case.