21 October 1996

The Lawyer

  • A way to cut budgets at one stroke

    22-Oct-1996

    One of the most expensive aspects of our adversarial legal system is paying lawyers to stand on their feet to argue cases in open court.Not only is it an expensive operation in itself, but it has a knock-on effect in terms of the expense of listing, judicial time and so on. It has, therefore, both direct and indirect cost implications.Everyone is aware of this but whenever the cost of law is discussed, particularly by those in powerful ...

  • Acting for Worthington

    22-Oct-1996

    We wish to clarify a news item in The Lawyer 10 September issue concerning Worthington Group's acquisition of B S Dollamore which contained an inaccuracy (not an error on the magazine's part). We act on behalf of Worthington Group and we acted with Norton Rose on the matter.Anthony SeymourLipkin Gorman.

  • Bakers chooses Munich for third German office

    22-Oct-1996

    International law firm Baker & McKenzie is to open a third German office in Munich early next year.Ninety-nine per cent of the firms partners voted for the new office at the annual partners meeting, held in London from 8 to 12 October.According to Nigel Carrington, Bakers' managing partner in London, the decision was made on the bases that clients could be served ...

  • Bar appoints first female vice-chair

    22-Oct-1996

    THE BAR Council has elected its first female leader - Heather Hallett QC.

  • Bogan warns:"I'll carry on campaign to split functions"

    22-Oct-1996

    Anthony Bogan has vowed to continue his campaign to split the Law Society's functions after his defeat by 14,199 votes to 8,881 in the postal ballot last week.Bogan, who is chair of the Solicitors Association, told The Lawyer he was "delighted" with the 40 per cent of the vote he won in the ballot, which was announced last week.But he attacked the Law Society for issuing a press release on the news which contained extensive quotes from Law Society president ...

  • Brawlers break up firm party

    22-Oct-1996

    Police had to be called to a function held by Lincolns Inn firm Trowers & Hamlins after a fight broke out between two party-goers.Officers from City of London Police were called in the early hours of the morning to the private function room at The Brewery, a licensed conference centre in the City where the firm was holding its annual party.No arrests were made, but the ...

  • Cahalane is PR head at Law Society

    22-Oct-1996

    The new director of communications at the Law Society, Barbara Cahalane, is turning her attention from accountants to solicitors.Cahalane, 37, joins the 80,000-member Law Society from the 50,000-member Chartered Association of Certified Accountants, where she had been head of public relations since 1994.She succeeds Sue Stapely, who left the post earlier this year to join PR firm Fishburn Hedges.Cahalane will be responsible for both the Law Society's ...

  • Chambers opts for Ace Infinity system

    22-Oct-1996

    Alison Laferla reportsTwo Garden Court is upgrading its computer network.The chambers, headed by Ian Macdonald QC and Owen Davies, will install the Ace Infinity system, enabling it to have internal and external e-mail, and to offer barristers access to their own diaries, the Internet and CD-ROM.The set, which is not disclosing the cost of the system, hopes to have the administrative side of the chambers using the ...

  • Chancery Lane report 'naive' says SPG

    22-Oct-1996

    The Solicitors Property Group (SPG) has attacked the Law Society for excluding it from discussions on whether solicitors should be encouraged to sell property.In a letter to the society's property and commercial services committee, the group, which represents 150 firms, slammed a report on property selling prepared by the committee and presented to council members last week.The letter pointed out that there were problems in translating property display centres ...

  • City law soc hunts funds for a higher profile

    22-Oct-1996

    The City of London Law Society is seeking funds to appoint a public relations officer for the first time in its history.The society's ruling committee decided last month to see if big City firms are prepared to contribute to the cost of a PR officer. Anthony Pugh-Thomas, chairman of the committee, and William King, the master of the London Solicitors' Company, are now passing the begging bowl around senior partners in City firms.Pugh-Thomas said it ...

  • Cornish & Co sets up shop in Marbella

    22-Oct-1996

    A two-partner London firm has set up a Marbella office a year after joining forces with a group of lawyers in Gibraltar.Ilford-based Cornish & Co hopes to tap into the large expatriate community in southern Spain by providing private and commercial client services.Pilar Rodriguez, who has experience in private and commercial law in the European Union, will head the office with the assistance of Charles Peard Clark, a specialist tax lawyer.Senior partner ...

  • Councils reach midway mark in terminal clash

    22-Oct-1996

    The longest public inquiry in British legal history enters the half-way stage next month as a collective of local authorities tries to defeat plans for a new Heathrow terminal.Hearings into the controversial Terminal Five proposal began in May 1995 and are predicted to drag on until 1998.Joanne Mortimer, Surrey County Council's principal solicitor, is coordinating the case for 10 local authorities which oppose the terminal. So far there have been ...

  • Desperately seeking assylum

    22-Oct-1996

    Few areas of the law throw up more problems than the one chosen by west London sole practitioner Jerry Clore.Yet few, if any, could provide him with more satisfaction. In many ways, he admits his chosen field has turned into something of a labour of love. And his labours are earning Clore - practising as Clore & Co - a formidable reputation, particularly in the light of his latest High Court victory in R v The London Borough of Hammersmith and Fulham ...

  • Equality is Bar priority

    22-Oct-1996

    I was saddened to read Azra Ali's reaction to the recent Bar Conference (The Lawyer 7 October).As vice-chairman of the Bar Council's sex discrimination committee may I make some brief comments which I hope will enable her to see our profession in a rather better light.(1) Earlier this year the Bar Council accepted and adopted a comprehensive equality code for chambers which is widely regarded as a model for any profession.(2) In the past ...

  • Expert knocks Labour ideas

    22-Oct-1996

    The Labour party's plan to scrap second tier City regulators will create confusion in the City, according to leading financial regulation lawyer and SJ Berwin partner Charles Abrams.Labour has long planned to simplify City regulation by creating a single regulatory authority similar to the US Securities and Exchange Commission.Last week, shadow treasury minister Mike O'Brien ...

  • Flotations

    22-Oct-1996

    Simmons & Simmons acted for General Cable in its £160m acquisition of the remaining 50 per cent of Yorkshire Cable Group from Singapore Telecom giving it control of the business.

  • Flotations

    22-Oct-1996

    Paisner & Co acted for directory publisher Prestige Publishing on its application for its issued share capital to be traded through OFEX and a placing and offer of £1.23m of shares.

  • Flotations

    22-Oct-1996

    Lewis Silkin acted for stockbroker John East & Partners in the £10 million placing of new shares for UK telecommunications operator Interoute Telecommunications. The placing coincided with Interoute's listing on the AIM. Row & Maw acted for Interoute.

  • Foreign lawyers face Czech examinations

    22-Oct-1996

    Foreign lawyers practising in the Czech Republic have complained to the Chamber of Advocates in Prague about a new law requiring foreign lawyers to pass an exam.The Act on Legal Advocacy, which became law in July, rules that foreign lawyers cannot practise international law until they have passed written and oral exams on the Czech constitution and the basics of Czech law and business ethics.Foreign lawyers practising in the country say this would contravene ...

  • Fraud loophole

    22-Oct-1996

    The Home Secretary, Michael Howard, has promised to plug a loophole in the law relating to mortgage fraud following a report last week from the Law Commission which recommended urgent new legislation. The gap was brought to light by a Law Lords' decision last July in which they allowed the appeal of alleged mortgage fraudsters because the borrowers had received the money by electronic transfer and had therefore not gained "money belonging to another", according to section 5 of ...

  • Free help is good PR

    22-Oct-1996

    I am happy to see that someone somewhere is taking the initiative regarding a pro bono unit.I recently needed to find out where an unfortunate client could get some free help as I was unable to assist.Where was I advised to go? To the Bar, which has such a unit available and a great free representation unit. It saddened me that the Law Society, which could dearly do with some good publicity, did not have any such service available.Considering ...

  • Garretts entices Pinsents trio away

    22-Oct-1996

    Garrett & Co is celebrating a major coup, having poached Pinsent Curtis corporate head Sean Lippell, partner Andrew Gray and assistant Andrew Kay.But Pinsents is insisting that high-flyer Lippell, one of the top seven corporate lawyers in the North-East, should take a year's gardening leave before joining Garretts as northern managing partner.Lippell, 46, and the two other defectors, formed the core of Pinsent's renowned management buy-out unit.

  • In brief: Booth lectures for young solicitors

    22-Oct-1996

    Cherie Booth is to give one of the November lectures by the London Young Solicitors' Group. She will be giving an employment law update at The Lecture Theatre, Cameron Markby Hewitt, Sceptre Court, 40 Tower Hill, London EC3. The Lord Chancellor will be speaking on the future of the legal profession at the Law Society, Chancery Lane, on 27 November.

  • In brief: CBI meeting helps forge links with the Met

    22-Oct-1996

    Metropolitan Police Commissioner Sir Paul Condon (right) addressed guests at a London region CBI lunch hosted by City firm SJ Berwin & Co last week. The meeting aimed to encourage greater dialogue between the Metropolitan Police and London's business community. Guests included SJ Berwin partner Philip Goldenberg and Jane Calvert-Lee, director of the CBI's London Region.

  • In brief: Denton Hall focuses on quality

    22-Oct-1996

    Denton Hall has appointed a senior "partnership-level" manager to promote quality in the firm. Paul Hancock will head a new department consisting of the library and information function. His two main concerns are to ensure the firm stays in touch with clients' needs and developing the research, know-how, education and training functions. Hancock joins from his own consultancy advising solicitors on marketing, practice development and technology.

  • In brief: Freemason inquiry seeks submissions

    22-Oct-1996

    The Home Affairs Committee is inviting interested parties to make submissions to its inquiry on freemasonry in the criminal justice system and whether any restrictions should be placed on membership of the freemasons by police officers, prosecutors, judges or magistrates. Submissions should be sent to the committee by the beginning of December.

  • In brief: Law society reveals Vancouver costs

    22-Oct-1996

    The Law Society spent £19,138 on sending representatives to a five-day Commonwealth Law Association conference in Vancouver during the summer. The sum was revealed after former Law Society president Martin Mears objected to the society paying to send to ex-members of staff, Hamish Adamson and Walter Merricks, abroad, and demanded to know the cost of the total delegation. Michael Matthews, the Law Society treasurer and deputy vice-president, said the figure excluded recoverable ...

  • In brief: New premises for recruitment specialist

    22-Oct-1996

    Legal recruitment specialist Charles Fellowes recently celebrated the opening of its Birmingham office with a visit by Sir Norman Fowler MP. The company moved to new offices following expansion of its staff numbers. Founded by Anthony Tompkins nine years ago, it has recently set up a human resources division to advise on specialist issues.

  • In brief: Reading practice goes for expansion

    22-Oct-1996

    One of the top three commercial law firms in Reading said it planned to recruit a further 12 solicitors and legal executives over the next few months after taking on 15 fee earners in the past six months. Boyes Turner & Burrows, which employs 40 lawyers, is spending £300,000 on an expansion programme fuelled by what partner Anthony Cooley called "putting the firm on a more commercial footing".

  • In brief: Stalking Bill gets Government backing

    22-Oct-1996

    MPs have called for a smooth and swift passage through parliament for the proposed private members Bill on stalking. At a conference on 18 October organised by the Suzy Lamplugh Trust, Home Office Minister David Maclean MP announced the measures to be included in the Government-backed bill. He said a twin-track approach combining criminal sanctions with a civil remedy would remain at the heart of the proposals. On the criminal side, a high-level offence for the most serious cases and ...

  • In brief: Wilde Sapte takes on projects expert

    22-Oct-1996

    Wilde Sapte is boosting its major projects team with the appointment of senior solicitor David Nanson from the Commonwealth Development Corporation, where he headed the team responsible for the company's investments in major infrastructure projects in South and South-East Asia. Nanson qualified as a solicitor in Canada in 1985 and in the UK in 1992.

  • Judge attacks plan to kill appeals body

    22-Oct-1996

    A JUDGE has attacked Government plans to abolish the Independent Tribunals Service (ITS) in the latest of a series of judicial complaints about the erosion of the judiciary's independence.His Honour Judge Keith Bassingthwaighte, who is president of the ITS, the UK's largest judicial appeals handling body, has spoken out against a proposal to scrap it and replace it with a new body headed by a Government appointed lawyer.In his official response to the ...

  • Judge slams reinstatement of solicitor who stole again

    22-Oct-1996

    A judge has criticised the Law Society for letting a crooked solicitor continue to practise, leading to three charities being swindled out of nearly £100,000.Harvard Rose, 60, of Stradella Road, London, appeared at Southwark Crown Court last week, pleading guilty to three charges of theft. He had already been struck off and jailed for two years after twice stealing money from his clients, but had been returned to the roll after his sentence.Judge Peter ...

  • Lanier launches multitasking machine in UK

    22-Oct-1996

    Lanier has launched a machine in the UK which it says offers true multitasking.The 1110 MFD can be used as a fax, copier, computer scanner and a Windows printer. Users can send faxes from a PC to print at 300 dpi resolution and scan documents into a PC. Papers can be scanned while others are transmitted by fax. It also has an answer machine and takes voice messages. The cheapest machine in the MFD range, the 1110, is £1,495.

  • Law firms win £30,000 DTI multimedia prize

    22-Oct-1996

    Two regional law firms have won a £30,000 award for a multimedia project designed to give clients access to legal information on CD-ROM and the Internet.Dennis, Faulkner & Alsop, from Northampton, and Tollers Solicitors, of Leicester, joined forces with management consultants Company Profiles Group, and information systems consultants, Ashton Court, ...

  • Law Society up in arms over Garda's raid on Dublin firm

    22-Oct-1996

    A police raid on the offices of a top Dublin law firm - in which a number of files were taken away as part of an investigation into alleged money laundering - has provoked a row between the Irish Law Society and the Garda.Law firm ME Hanahoe & Co says it was not given the chance to hand over the files voluntarily. It has also raised concern about the fact that reporters and TV camera crews were witnessed the raid, having apparently been tipped off.The Law Society ...

  • Lawyer in 'tenants from Hell' council job rouses interest

    22-Oct-1996

    Chris Fogarty reportsOldham Borough Council's appointment of a solicitor to tackle obnoxious council tenants is attracting interest from other local authorities.In a legal first for a council, solicitor Naseem Malik is dealing solely with nuisance neighbours and anti-social behaviour.Malik is working on a number of legal initiatives including a tough "plain English" tenancy agreement that will be introduced when the Housing Act ...

  • Lawyers plot a boycott of contract plan

    22-Oct-1996

    BIRMINGHAM lawyers are to debate how to launch a boycott of the Government's planned block contracting scheme.The local law society's criminal law and magistrates court committee will put the issue of block contracting before a full council meeting on 30 October.It resolved to bring the issue before the council after a meeting of the society and a group of 30 legal aid firms which are boycotting the Legal Aid Board's franchising scheme.

  • Linetime seminars

    22-Oct-1996

    Linetime is holding one-to-one seminars on the impact of IT on practice management. Delegates may concentrate on issues affecting their practice or request specific advice on Linetime products. The first two seminars are in Manchester and Liverpool, on 23 and 24 October respectively. Call Rachel Rowling on 0113 250 0020.

  • Litigation Disciplinary Tribunals 22/10/96

    22-Oct-1996

    Stephen Bhodan Wilk, 38, admitted 1985, practised on his own account as Bhodan Wilk, prohibited from having his name restored to the roll and ordered to pay £528 costs. Allegations substantiated that Wilk, who had voluntarily had his name removed from the roll, was jailed for two years after his conviction at Leeds Crown Court in December 1995 of conspiracy to defraud. Tribunal told fraud did not relate to his practice as a solicitor. It took place ...

  • Litigation Personal Injury 22/10/96

    22-Oct-1996

    MacRae v Hammersmith and Queen Charlotte's Special Health Authority - QBD, 14 October 1996Claimant: June MacRae, 2Incident: Medical negligenceInjuries: Claimant admitted to London's Hammersmith Hospital in February 1975 to undergo treatment to cure a congenital heart defect. During operation she suffered cardiac arrest which led to oxygen starvation and severe brain damage. She was left suffering from severe spastic quadriplegia and is totally ...

  • Litigation Recent Decisions 22/10/96

    22-Oct-1996

    Arguable case shown as to breach of supply agreementNational Power Plc v (1) United Gas Company Ltd and (2) Unilicorp United Inc.CA (Leggatt LJ, Hobhouse LJ, Thorpe LJ) 15/10/96.Summary: Appeal against summary judgment in respect of gas supply agreement allowed in part, trial judge's declarations as to meaning of "delivery point" in contract upheld.Appeal by the defendants in the action from the decision of ...

  • Live link saved court time and money

    22-Oct-1996

    Information technology played a critical role in Baker & McKenzie's recent representation of a respondent in an international arbitration hearing.Part of the discovery event ually squeezed from the claimants was a ticket sales database which recorded important information about their sales activities. The database was disclosed in an unwieldy DOS format. We used Microsoft Access ...

  • Memories of campus days

    22-Oct-1996

    I note with interest a claim by the South Wales firm Hugh James to be the first in the country to launch free campus-based legal advice clinics for students.Without wishing to dash their hopes, my firm originally operated a free clinic in the Students Union at the University College of North Wales, Bangor, for a number of years.We had a similar response to the ...

  • Name confusion case ties up fund raisers

    22-Oct-1996

    A unique "what's in a name?" row is scheduled to spill over in to the Court of Appeal.The appeal moves follow a Chancery Division ruling by Mr Justice Robert Walker last year which held that the British Diabetic Society should stop using that name.Before the full appeal reaches court, however, a hearing is scheduled for 30 October which may block further litigation. The British Diabetic Association is taking the matter to court in preliminary ...

  • Over a barrel

    22-Oct-1996

    Seven major brewers - Bass, Whitbread, Scottish and Newcastle, HP Bulmer, Taun-ton Cider, Carlsberg Tetley and Guinness - are seeking an injunction restraining Beer Barrels and Minerals (Wales), of Bridgend, South Wales, from melting down or disposing of aluminium kegs which they claim belong to them. They claim Beer Barrels and Minerals has come into possession of around 7,000 of their kegs, worth around £385,000 altogether, ...

  • Pending in the High Court

    22-Oct-1996

    Jury actions now pending in the High Court Queen's Bench Division include: Hitchcock & anor v Commissioner of Police for the Metropolis (4 November); Basham v Gregory & anor (25 November); Watson & anor v Greenfield (2 December); Christie v News Group Newspapers Ltd (9 December); Western Provident Association Ltd v Norwich Union Healthcare Ltd & anor (not before 4 November); Wallis & ors v Guardian Newspapers (not before 4 November); Ferguson v Silver and ors (not before 21 October).

  • Profession's women deserve a fairer deal

    22-Oct-1996

    Women across the profession will no doubt be delighted by the appointment of Heather Hallett QC as chair-in-waiting of the Bar.It is good to see that to some degree traditional male bastions are being eroded. It also sends a positive message to female barristers that perhaps there is room at the top after all.However, the news comes at the same time as the depressing survey from Coopers & Lybrand on the state of pay for female solicitors, who earn substantially ...

  • Project finance

    22-Oct-1996

    Beachcroft Stanleys is acting for the preferred bidder

  • Project finance

    22-Oct-1996

    Denton Hall advised the DoT's Highways Agency on a 30-year PFI contract with the UK Highways consortium for upgrading

  • Property

    22-Oct-1996

    Stephenson Harwood acted for Inter-Continental Hotels and Resorts in its £81 million sale of the Britannia Hotel, Mayfair, London, to Millenium and Copthorne Hotels. Clifford Chance represented Millenium.

  • Property

    22-Oct-1996

    Boote Edgar Esterkin of Manchester advised St Davids Assemblies on a £1m design-and-build contract with the Welsh Development Agency for the erection of a factory at St Davids, Dyfed. Eversheds acted for the Development Agency.

  • Property

    22-Oct-1996

    Norton Rose acted for Cantor Fitzgerald on its leasing of 82,500 sq ft of head quarters office space at One America Square, London, from Scottish Widows. Freshfields represented Scottish Widows.

  • Rape trials 'hit by prosecution cutbacks'

    22-Oct-1996

    THE BAR Council has complained to the CPS about reports from within the criminal bar and the judiciary that inexperienced counsel are being hired to prosecute serious criminal offences, particularly rape.The move has come as a result of a widespread fears that, while defendants are still being represented by the best silks, budget cuts are forcing the CPS to hire less experienced junior counsel who command lower fees.Several sets of chambers have confirmed the ...

  • Real estate network elects UK president

    22-Oct-1996

    Planning lawyer Geoffrey Searle has been elected the first lawyer president of the UK Chapter of the International Real Estate Federation (FIABCI).Searle was formerly managing partner at Denton Hall & Burgin but left two years ago to set up his own planning practice. He has been chairman of FIABCI's international planning committee for some time.Paris-based FIABCI is a worldwide network of lawyers, estate agents, surveyors and other real estate professionals. ...

  • Sarah Thompson-Copsey looks at right to buy legislation.

    22-Oct-1996

    Sarah Thompson-Copsey is a solicitor at Denton Hall.The recent Court of Appeal decision in Zipporah Mainwaring and Yeoman's Row Management Ltd v The Trustees of Henry Smith's Charity highlights the difficulties landlords and tenants face in interpreting the Landlord and Tenant Act 1987.The court looked at the ability of tenants to make arrangements between themselves when exercising their right to buy under the act. The right can only be exercised if ...

  • Scots judges back sentencing system

    22-Oct-1996

    High Court judges in Scotland have welcomed the development of a computer-based sentencing information system (SIS), according to a feasibility report carried out by Strathclyde University Law School.Sentencing information systems are designed to help judges by revealing sentencing patterns for cases involving similar offences and offender characteristics.The recently published report concludes that developing an SIS for the High Court of Justiciary in Scotland ...

  • Shoosmiths wins Which? apology

    22-Oct-1996

    Shoosmiths & Harrison has won a High Court apology from the consumer magazine Which? following a year-long libel battle over one of its surveys.The survey on the quality of legal advice, published in Oct ober last year, prompted both sides to launch libel actions against each other - Shoosmiths over the report, and Which? over the firm's criticisms of the survey's quality.

  • SIF blunders spark calls for resignations

    22-Oct-1996

    Calls came at the Law Society last week for heads to roll in the Solicitor's Indemnity Fund over what former president Martin Mears described as a "mind-boggling blunder."At the society's council meeting on 17 October members had to decide not only how best to make up a £12.82 million shortfall resulting from an SIF calculation error but also whether to vote for extra funds after the finance committee admitted under-budgeting by more than £1.58 million.

  • Society plans to help Hong Kong's legal profession after '97

    22-Oct-1996

    FIXED conveyancing fees are among a raft of measures proposed by the Hong Kong Law Society to secure the future of the colony's legal profession.The proposals, announced on Friday, would allow lawyers to advertise services, improve the existing scale of conveyancing fees and ensure that lawyers pay interest on client money they are holding.A spokesperson said the society wanted to implement the changes in the next three months to ensure "the maintenance ...

  • Solicitors slam LCD's waste of talent

    22-Oct-1996

    Senior City solicitors have attacked the Lord Chancellor's Department for wasting a "huge pool" of City talent that on retirement "will be heading for the golf course instead of the judge's bench".The City of London Law Society hit out following the results of a survey it conducted of City litigation partners.Of the 289 who responded, an astonishing 71 per cent said they would be interested in seeking a judicial appointment if Lord Woolf's proposals ...

  • Stephens quits telephone watchdog over potential 'conflict of interest'

    22-Oct-1996

    Stephens Innocent senior partner Mark Stephens has resigned from Icstis, the telephone line watchdog, following the discovery that he did not tell the committee of a potential conflict of interest.Stephens sat on the Icstis emergency committee which suspended the Daily Mirror's premium number "Fergie tape" hot-line which was playing conversations between the Duchess of York and her spiritual adviser, Madame Vasso.The line was suspended on the grounds that ...

  • The 'unacceptable' reality of pay discrimination

    22-Oct-1996

    The reaction of Law Society president Tony Girling to the findings of a recent survey on the salaries of women solicitors was uncompromising. The results, he said, left him "saddened and ashamed".The survey reveals that, despite paying lip service to political correctness, law firms are reluctant to put their money where their mouths are and have not yet embraced the notion of equality.Far fewer women than men reach the higher echelons of law firms, and when ...

  • The Lawyer Inquiry: Reina Maria May

    22-Oct-1996

    Reina Maria May was born in Amsterdam on 1 January 1950. She now lives in Highgate and is a partner at Collyer Bristow. What was your first job?Junior research assistant at the Faculty of Law, Amsterdam University, 1970-72.What was your first ever salary as a lawyer?6,000 Dutch Guilders annually, then the ...

  • US expats predict second Clinton term

    22-Oct-1996

    Leading US lawyers in London are unenthusiastic about next month's US presidential elections.They are in no doubt that Clinton will clinch another term in office and are sorry that it is not going to be a more exciting race.Several say they will be forced to vote for Clinton because of the unsuitability of Dole and many are abstaining from the voting process altogether.Charles Lubar, a partner at Morgan Lewis & Bockius, said he was so disappointed ...

  • US practices in Top-10 mergers slot

    22-Oct-1996

    Two US firms have shot into the top 10 slot for mergers and acquisitions involving UK firms, while Ashurst Morris Crisp has reached the number five position, relegating Clifford Chance to number seven, according to Corporate Money's deal value league tables for the first three quarters of 1996.Showing ...

  • VoiceType in trials

    22-Oct-1996

    IBM is offering free seminars on its VoiceType Dictation speech recognition system over the next three months. For details of seminar locations, call 01705 49 22 49.

  • Weather expert offers his opinion

    22-Oct-1996

    What is claimed to be the first expert witness service specifically in the field of weather and meteorological forecasting has been set up.The service was founded by Norman Lynagh, a Met Office-trained meteorologist and weather forecaster, who worked for London marine consultant Noble Denton's weather section for 20 years. The section was first approached to provide a witness service 10 years ago.He said it was a response to the increasing number of civil ...

  • Wilde Sapte opens book on volatility

    22-Oct-1996

    Wilde Sapte has advised on an innovative financial deal which could open up trading in a new financial product - volatility.Under the ground-breaking deal, fund manager Foreign & Colonial (F&C) bought an option on the volatility of the US Standard & Poor 500 index. The volatility was based on a futures contract traded on the Chicago Mercantile Exchange.Volatility is the measure of the tendency of a share or a share index to vary over time. It is one of the components ...