25 March 1996

The Lawyer

  • A boost for the UK economy

    26-Mar-1996

    The Labour Party has signalled its intentions clearly with regard to the use of offshore jurisdictions. It intends a full overhaul to counter what it perceives as offshore loopholes. The strongest criticism is reserved for offshore trusts and companies where Labour argues there is continuing abuse.Jersey, like the other UK offshore islands, provides the services which Labour appears to have so firmly in its sights. Labour has proposed an overhaul of the taxation of non-residents, ...

  • A definitive case

    26-Mar-1996

    Jersey's Court of Appeal defined gross negligence and wilful misconduct in a breach of trust case, Midland Bank Trustee (Jersey) & ors v Federated Pension Services (21 December 1995) unreported.Article 26 (9) of the Trusts (Jersey) Law 1989 provides that trust terms cannot relieve, release or exonerate a trustee from liability for breach of trust arising from the trustee's own fraud, wilful misconduct or gross negligence.For these purposes the court ...

  • A new line in recruitment

    26-Mar-1996

    London media firm Olswang has abandoned the traditional colour shots of pin-stripe suited partners for a new brochure aimed at attracting recruits."Our trainees tell us that what they would have found most useful was a chat with some of our present trainees to find out what being a trainee at Olswang is really about," said partner Jonathan Goldstein, head of trainee recruitment.To ...

  • A new look for PI settlements

    26-Mar-1996

    The first structured settlement in a High Court personal injury case was in 1989 and it irrevocably changed the world of PI litigation. Structuring immediately became the buzz word on the lips of all involved in the field.Since then, although the structuring bubble has not burst it has become somewhat deflated. An unpredictable financial world and fluctuating interest rates have brought about the realisation that structuring, while still having a major role to ...

  • Accountancy firm that's got Europe covered

    26-Mar-1996

    LEADING international legal practices have reacted coolly to news that Big Six accountancy firm Price Waterhouse's European network is gaining stature.The Lawyer revealed last week that the network will be co-ordinated by Paul Downing, who is leaving his partnership with Pinsent Curtis for the position.The network now offers equivalent coverage to that available through Clifford ...

  • Adviser for Lindsays

    26-Mar-1996

    Mary Heaney reportsEdinburgh firm Lindsays WS has appointed Lorna Spence as a financial planning adviser to provided a dedicated advice centre for commercial and private clients. Spence will be based at Lindsays' principal office in Atholl Crescent and will be responsible for providing financial advice and planning on investments, tax issues, pensions, inheritance tax and ...

  • Aid crack down plan could flout Euro rights, claims Law Society

    26-Mar-1996

    ONE of the new measures to crack down on legal aid abuse by the apparently wealthy could put the UK in breach of the European Convention on Human Rights, the Law Society has claimed.Russell Wallman, head of the society's professional policy unit, has urged the Lord Chancellor's Department to rethink its plans to limit to £100,000 the amount of mortgage taken into account when assessing aid.In a letter to the public accounts committee, Wallman ...

  • Are you hooked?

    26-Mar-1996

    Professional firms providing legal, trust and company services in leading offshore centres cannot ignore the potential of the Internet.Until recently, it might have been argued that the jury was still out on the extent of the Internet's role as a business communications tool. For some, it was destined to remain the preserve of academics and computer whizzkids obsessed with the world of cyberspace, while others argued that a communications network had arrived which could ...

  • Ask the taxing questions

    26-Mar-1996

    Two recent tax cases that have aroused the interest of those in the offshore trust sector involved the Inland Revenue taking action to prove that certain offshore transactions generated profits which are subject to UK tax.One case, where the Inland Revenue was successful, involved a UK lawyer acting for an Isle of Man company. The High Court decided the lawyer had acted as an agent of the offshore company in the purchase of UK property.In the other case the Inland ...

  • Barristers to be quizzed on constitutional reform

    26-Mar-1996

    A UNIQUE consultation exercise has been launched by the Bar Council in a bid to gauge the profession's views on the need for democratic reform within the profession.Barristers are being urged to complete a questionnaire on accountability being sent out to them in the April edition of Bar News, the Bar Council's monthly news sheet.The questionnaire has been drawn up by an accountability working party which was set up by the Bar Council last year following ...

  • Beware knee jerk reaction to Dunblane, warns expert

    26-Mar-1996

    A Lawyer who practises fire arms law has expressed his concern about hastily made controls on the licensing of handguns.Peter Burton, a consultant at London firm Gilchrists who specialises in gun law, is worried that the "media hype" over gun law in the wake of the Dunblane tragedy will spark ill thought out, knee jerk reactions.He said: "This is a very sensitive subject and as a result of recent tragedies there is obviously room for some fine tuning to the licensing ...

  • Brief

    26-Mar-1996

    City firm Nicholson Graham & Jones is relocating its offices under one roof to accommodate its expanding staff numbers.The new Cannon Street office will be ready by June and will house the firm's 220 staff currently in Moorgate and the West End offices together with a new IT system.The practice has expanded from 21 to 43 partners in the past five years as a result of growth and its merger with West End firm Brecher & Co last October.Nicholsons ...

  • Chris Magrath looks at restrictive covenants in employment.

    26-Mar-1996

    Chris Magrath is senior partner with Magrath & Co.The recent case of D v M (reported 23 January 1996) has highlighted the importance of well drafted, enforceable restraint of trade clauses. Restrictive covenants which extend beyond the period of employment can be vital to the protection of the business of any employer or partnership.Whether anti-competition, non-solicitation of clients or customers, non-solicitation of staff, or non-dealing ...

  • Conditional fees top Young Bar's agenda

    26-Mar-1996

    THE EVILS of conditional fees, the lack of pupillages and the dearth of financial help for would-be barristers were top of the agenda at a special meeting for the Young Bar.An open meeting for young barristers heard last week of the threat to the Bar's much cherished reputation for independence posed by no win, no fee arrangements.Barrister Patrick Green told the meeting, organised by the Bar Council's young barristers committee, that the Bar should ...

  • Conveyancing. Cut-price conveyancing in the dock

    26-Mar-1996

    Most solicitors agree that conveyancing fees are too low, considering the amount of time and effort put into the work and the responsibility involved.The fees debate has also put the standards of conveyancing under the spotlight. These vary greatly and there is an urgent need to ensure clients know what they are entitled to expect.Because there are no minimum standards, cut-price conveyancing can still be profitable. However, cheap conveyancing would be rendered ...

  • Council cuts spark child care concerns

    26-Mar-1996

    Helen Sage reportsTEAMS of specialist local authority lawyers who deal with child care work will be disbanded under new council reforms, giving rise to concern over the provision of child care services.The units, which were set up in 1989 after alleged child abuse in Cleveland, will cease to exist from the end of March when Cleveland, Humberside and Avon county councils are each divided up into unitary bodies.Child care solicitors ...

  • CPD sparks big increase in training budgets

    26-Mar-1996

    TRAINING in marketing, technology and languages is expected to rise in law firms as the Law Society's Continuous Professional Development increases its presence.In a survey carried out by legal publisher FT Law & Tax, 60 per cent of managers or partners anticipated an increase in their training and personnel budgets.For firms of more than 50 partners the figures show a 70 per cent increase in budgets and a 82 per cent increase in use of non-legal training.

  • CPS brings out the best

    26-Mar-1996

    I should like to endorse the sentiment of the headline to your leading article (The Lawyer19 March), 'No call for secrecy' and your related front page article.There is no "can of worms"; details of the training scheme have been in the public domain for some time.The Crown Prosecution Service has no plans to use non-lawyers as magistrates court prosecutors. This would require legislation and we have not sought it.We do, ...

  • Destination Jersey

    26-Mar-1996

    Until now only a small amount of insurance business - captive, reinsurance or life - has been based in Jersey. But there is an increasing awareness that the island has much to offer the insurance market and insurance companies are showing a growing interest in using it.Why has so little insurance business been based in Jersey until recently? Prior to 1983, a restriction in Jersey's Companies Laws made it illegal for a Jersey company to undertake insurance business. ...

  • Eversheds takes on London insurance sector with merger

    26-Mar-1996

    THE LONDON branch of Eversheds has finally negotiated a merger with City firm Waltons & Morse.Waltons' insurance, corporate and property groups will join the Eversheds City office from 1 May leaving the shipping group to continue practising independently under the Waltons & Morse name.The merger will add 11 partners to Eversheds' already 44-strong London team and will ...

  • Experts you can trust in

    26-Mar-1996

    Jersey may have a long and well established finance industry with an enviable reputation for stability and prudence, but few of today's professional trustees will take on a trusteeship without some limitation of liability written into the trust instrument.However, both the local legislature and the courts have actively curtailed the effect of such provisions.While there are some limited areas where protection is conferred on trustees by statute - for example, ...

  • Far too important to warrant more delay

    26-Mar-1996

    Lord Ackner has rightly posed the question on the delay in reaching a decision over rights of audience for employed solicitors.Almost a year has passed since the controversial advice given to Lord Mackay by the Lord Chancellor's Advisory Committee on Legal Education and Conduct (Aclec).At that time the majority of the group rejected extended rights of audience, claiming it was "incompatible with the proper and efficient administration of justice". ...

  • Financings

    26-Mar-1996

    Olswang acted for new national telephone company Ionica L3 in its raising of £55 million by way of private placing. Skadden, Arps, Slater, Meagher & Flom advised SBC Warburg, the bank acting for Ionica, and Lovell White Durrant acted for the main investor CWB Capital ...

  • Firm moved to help Dunblane community

    26-Mar-1996

    Devon firm Scott Richards is drafting free wills for clients in an effort to raise funds for the devastated town of Dunblane.The firm's offices in Teignmouth, Dawlish and Torquay will each have a partner drawing up free wills until Easter.The solicitors will tell clients what they would normally be charged, and encourage them to donate what they can to the firm's Dunblane fund.Managing partner at Teignmouth Paul Dyson said he hoped donations ...

  • First for sole advocate in civil appeal

    26-Mar-1996

    LONDON lawyer David Price claims to be the first solicitor advocate to have acted as the sole advocate within the civil division of the Courts of Appeal.Price, of David Price & Co, appeared as advocate for the respondent in an appeal brought by the City of London Police.The case followed Price’s client, Nigel Watts, being awarded £5,090 damages for false imprisonment.Chair of the Solicitors’ Association of Higher Courts Advocates Paul Hampton ...

  • Guernsey update

    26-Mar-1996

    The captive insurance market has seen a year of expansion in Guernsey - the number of insurers registered at the end of 1995 was 312 (300 captives and 12 offshore life companies).As well as the additional business coming from newly registered companies, many captives have been expanding their existing insurance programmes.Notable additions during the past 12 months include the London Transport captive, and the Alliance & Leicester and Chelsea Building Societies, ...

  • Hull firm aims to provide 'day-to-day' service in link up with advice group

    26-Mar-1996

    Hull law firm Rollit Farrell & Bladon has linked up with independent financial adviser Fraser Smith Group to set up a financial service division.Fraser Smith will permanently base one adviser in the law firm's Hull office as part of the joint venture.The law firm, which previously used the Solicitors Financial and Property Services, "decided there was a need for a closer and a more day-to-day service", according to partner Stephen ...

  • IBA calls for action on Latin America

    26-Mar-1996

    LATIN America needs a recognised system of Bars to fight corruption, according to International Bar Association president Professor J Ross Harper.After a two-week visit to Latin America, Harper said that the judiciary was in need of an adequate system of selection and payment, and that lawyers and judges required better training."In some countries I heard reports of a reluctance to bring public officials to trial, and concerns that sometimes justice is so slow ...

  • In brief: BNFL solicitor to chair north-west group

    26-Mar-1996

    British Nuclear Fuels solicitor Edward Smethurst has become the new chair of the north-west branch of the Law Society's Commerce and Industry Group. Smethurst takes over from Barry Lewis, of CIS, who has been chair of the group for the last four years. The north-west group represents about 300 solicitors working in industry and commerce. Its managing committee is now made up of Barry Lewis, Mike Thorne of Redrow, Peter Sidwell of Refuge Assurance, David Hosker of North West Water, ...

  • In brief: Chancery Lane launches planning directory

    26-Mar-1996

    All members of the Law Society's planning panel, comprising specialist solicitors who provide legal representation for members of the public, developers and other organisations, have been listed in a national directory. The Law Society says the publication will increase public awareness of the importance of seeking professional legal advice when faced with planning law matters from local authority development proposals to applications for planning permission. The directory provides ...

  • In brief: Holborn Law Soc lecture tackles racism

    26-Mar-1996

    The annual Holborn Law Society lecture will be exploring the relationship between racism and the law. Guest speaker is Christopher Boothman, legal director of the Commission for Racial Equality, and the debate will ask: is new legislation needed for crime with a racist element? The lecture will be held at the Mary Ward Centre at 6.15 on 3 April. Tickets are available from the Holborn Law Society through Andrew Shaw on 0171 837 5455, or from the Mary Ward Legal Centre on 0171 831 7079.

  • In brief: Keeble Hawson

    26-Mar-1996

    In the North East focus in The Lawyer 30 January 1996, Commercial Union should have been listed as having Sheffield firm Keeble Hawson on its panel of legal advisers.

  • In brief: Lord Taylor heads Victim Support event

    26-Mar-1996

    Lord Taylor, the Lord Chief Justice, is the guest speaker at the reception marking the development of Victim Support's Crown Court Witness Service. The event is being held at Newcastle Crown Court on 12 April and will also include representatives of the judiciary, criminal justice organisations and Victim Support. The service was set up to provide information and support to victims, witnesses, their friends and their relatives following research by Victim Support in 1991 which ...

  • In brief: Publishing lawyer moves to Channel 5

    26-Mar-1996

    The former corporate lawyer for UK publishing company VNU Holding, Jane Gill, has been appointed as Channel 5 Broadcasting's company secretary and head of business affairs. Before joining VNU Holding, Gill was head of legal services and secretary at International Family Entertainment. She has also worked for Mersey Television/Brookside Productions and New Media Age.

  • In brief: Shoosmiths appoints commercial head

    26-Mar-1996

    Shoosmiths & Harrison, which has offices stretching from Southampton to Nottingham, has recruited Booth & Co's Nick Hancock to head its commercial litigation department. Hancock went to Booths in Leeds in 1992 after training and working at City firm Linklaters & Paines for five and a half years. He will be based ...

  • In brief: Young SFLA is 'Working with counsel'

    26-Mar-1996

    The Young Solicitors Family Law Association will be hosting a discussion, 'Working with counsel', with specialist family law barristers Joanne Harris of 2 Garden Court, Leslie Keegan of 1 Pump Court and Stewart Leech of 2 Queen Elizabeth Building. The event will be held on 18 April at 6pm at City firm Withers and will discuss how lawyers and barristers should work together to give the best service ...

  • IP expert moves to DJ Freeman

    26-Mar-1996

    LEADING intellectual property lawyer Alex Carter-Silk, an expert in the field of fashion design protection, has joined DJ Freeman's litigation team.Carter-Silk, formerly head of commercial litigation at Edward Lewis, said his departure from the smaller City practice was entirely amicable.He said the move to DJ Freeman presented a "huge opportunity" for him to develop his work in the fields of trade marks and copyright. "Edward Lewis was heavily biased towards ...

  • IT company unveils global support network

    26-Mar-1996

    SMITH Bernal International, the court reporting and litigation support company, has launched a global support network for its 1,500 or so clients.The company, which owns the LiveNote court reporting transcription system, has principal offices in London, Philadelphia and Hong Kong.Under its new support arrangement, Hong Kong is co-ordinating firms in the Pacific Basin and Australia, and Philadelphia is overseeing 75 firms linked with Smith Bernal in the US.

  • Jersey's bold move to LLPs

    26-Mar-1996

    In December 1995, the Jersey Finance and Economics Committee announced its intention to introduce legislation permitting the registration of limited liability partnerships (LLPs) in the island. This initiative followed the introduction of LLP law in the US state of Delaware, where the American partnerships of all the big six accounting firms have registered.The Jersey legislation is being drafted in conjunction with UK accountants Ernst & Young and Price Waterhouse and will ...

  • Law Socs set to share Euro office with German Bar

    26-Mar-1996

    A VISION that would see most national lawyers' organisations located at a single Brussels address is starting to take shape.The Brussels office of the Law Societies of England and Wales and of Scotland is moving to new premises to be shared by the German federal Bar. They will occupy the joint premises from June.The office is not an exclusive arrangement, as the Law Societies and German Bar intend to invite other EU Bars and law societies to join them.

  • Legg lays blame for legal aid's poor image at solicitors' door

    26-Mar-1996

    SOLICITORS are partly responsible for a surge in the number of hidden wealth allegations being levelled against legally aided litigants, the Lord Chancellor's top civil servant has claimed.Sir Thomas Legg, permanent secretary at the Lord Chancellor's Department, told Parliament's public accounts committee last week that challenging certificates had emerged as a litigation tactic."Litigation parties have become aware that this is a tactic which ...

  • Legislating for safe investment

    26-Mar-1996

    The Isle of Man is recognised as a reputable and well-regulated offshore finance centre and this is well illustrated by the recent renewal of the island's 'designated territory' status under the UK Financial Services Act.Its success is based on a number of well-established factors and also on its ability and willingness to change and improve the legislative and regulatory environment to meet the needs of the increasingly sophisticated offshore financial community.

  • Litigation Disciplinary Tribunals 26/03/96

    26-Mar-1996

    William Valpy Knox, 47, admitted 1977, practised as William Knox, St Albans, struck off and ordered to pay £1,448 costs. Allegations substantiated he failed to respond or alternatively failed to respond with reasonable expedition to correspondence from Solicitors Complaints Bureau, was guilty of unreasonable delay in dealing with client affairs, failed to observe terms of undertaking given in course of practice, failed to pay counsel's ...

  • Litigation Personal Injury 26/03/96

    26-Mar-1996

    McIntyre v Filtrona - Court of Appeal 12 March 199Claimant: Dorothy McIntyre, 47Incident: Claimant claimed she suffered Carpal Tunnel Syndrome after years of repetitive work making cigarette filtersInjuries: Agonising pain in wrist; no feeling in fingers; difficulty in sleeping; operative treatment necessaryAward: £750 at Newcastle County Court (July 1995); award set aside on 3 March appeal after ruling that employers not to blame for claimant's ...

  • Litigation Recent Decisions 26/03/96

    26-Mar-1996

    Council's duties to the chronically disabledR v Islington London Borough Council, ex parte Jonathan Rixon (by his mother and next friend Stephanie Rixon) (1996).QBD (Sedley J).Summary: Application for judicial review of a local authority's duties towards chronically disabled person.Application on behalf of a severely disabled male person who is now 25 and is blind, microcephalic, practically immobile, doubly ...

  • Lord Chancellor's position comes under fire from Action for Justice

    26-Mar-1996

    DEMONSTRATORS could soon be descending on the Royal Courts of Justice as part of a campaign to get the Lord Chancellor thrown out of the Cabinet.Action for Justice has launched a national petition campaign aimed at mustering support for its bid to secure a complete separation of powers between the judiciary and the executive.Earlier this month the group placed an advertisement in The Guardian calling on members of the public to endorse its campaign.

  • Mackay attacked on rights delay

    26-Mar-1996

    A FORMER Law Lord has demanded to know why Lord Mackay is taking so long to reach a decision over rights of audience for employed solicitors.Lord Ackner has tabled two probing House of Lords questions in an effort to prise an explanation for the "delays" in coming to a decision over the advice the Lord Chancellor's Advisory Committee on Legal Education and Conduct (Aclec) issued in June last year.His first question asked whether the Lord Chancellor had decided ...

  • Making earnings more mobile

    26-Mar-1996

    Readily accessible from the UK and mainland Europe, with the convenience of European time zones and excellent communication links, Guernsey has set itself up as an excellent base for the financial affairs of the famous and internationally mobile.Offshore trusts and companies offer advantages for all those involved in the entertainment and sports industries and can be structured to deal with various types of income, which may come from a variety of sources.As ...

  • Mears launches election bid on three-man ticket

    26-Mar-1996

    LAW Society president Martin Mears has stolen a march on his Law Society rivals with the announcement of a united three-man ticket for the next elections.David Keating, a council member of eight years standing, has announced he will stand for the post of deputy vice-president in the summer elections alongside Mears and Law Society vice-president Robert Sayer. The three will make a formidable team.But their opponents on the council are faced with the even more ...

  • Mediation scheme goes on trial in London

    26-Mar-1996

    THE FIRST mediation service to be offered through the court system will be on trial from mid-May at the Central London County Court.The one-year pilot scheme offers mediation as a first step to resolving disputes ranging from £3,000 to £10,000.Within 28 days of agreeing to mediation, parties will have a single session with a trained mediator, which will last up to three hours.Each party will be required to pay £25 towards the mediator's ...

  • Merton seeks lawyer

    26-Mar-1996

    Helen Sage reportsThe London Borough of Merton is looking for a new solicitor to head its legal services department. Its previous head, Peter Large, left earlier this month after three years as senior solicitor. Neither Merton's press office or the legal services department were prepared to comment upon his departure or to disclose where he had gone. A spokesperson from the personnel department said Large had "gone to do his own thing".

  • Navigating the Advice Minefield

    26-Mar-1996

    The importance of choosing the right investment adviser for a trust and monitoring its performance cannot be overemphasised. But the sophistication of modern financial markets and the availability of a huge and developing range of investment products has made the task of a trustee much more difficult than before.Even UK charity trustees have been forced to review the possibilities of the changing investment world and consider modern investment techniques such as hedging ...

  • Needs of individuals come top of agenda, says world network

    26-Mar-1996

    LONDON firm Palmer Cowen has initiated a new association of international law firms which will focus on the needs of individual businesspeople as well as multi national companies.Law Link has member firms in Bahrain, Lebanon, India, Syria, the United Arab Emirates, Kuwait, Germany, France, Qatar, Saudi Arabia, Egypt and the UK.Palmer Cowen, which has an office in Bahrain, is the only UK member firm.Law Link members will have exclusive lines of referral ...

  • No source of accreditation

    26-Mar-1996

    Helen Sage is right to draw attention to the lack of accreditation of experts, particularly in medicine (The Lawyer 12 March).She quotes me in this regard, upon the Law Society Directory of Experts, recently published by FT Law & Tax. I am alleged to have said the directory is "not worth the paper it is written on".I do not recall using that phrase and if I did, I was wrong. Since I was involved in the publication of the directory ...

  • Officers mount housing claim

    26-Mar-1996

    A case in which four Sheffield police officers are suing their Chief Constable and South Yorkshire Police Authority for damages in a dispute over housing allowances is heading for the High Court. The four who gave up jobs to join the South Yorkshire Force claim they were told they would be entitled to housing allowance of around £2,000 a year. However, they say that after they resigned from their old jobs, they discovered police allowances had changed and new officers ...

  • Oil spill group fights claimants' corner

    26-Mar-1996

    LAWYERS from Swansea to Pembrokeshire are signing up to join a new group in an effort to get clients a share of the compensation available after the Sea Empress oil spillage.The potential claimants who suffered loss and damage from the massive oil spill range from fishermen to leisure industry businesses. Any payments will come out of the International Oil Pollution Compensation Fund, which runs into many millions of pounds.No liability has to be established ...

  • Paper Paper Rule changes step up Govt deregulation

    26-Mar-1996

    Part of the Government's deregulation initiative to reduce the burden on companies becomes operative on 1 April. The Companies Act 1985 (Miscellaneous Accounting Amendments) Regulations 1996 affects directors' reports and payment of creditors of small and medium-sized companies.Unless stated, the changes apply to annual accounts and directors' reports for financial years ending on or after 2 February 1996 but become mandatory for financial years ending on ...

  • Partner exodus at Couderts

    26-Mar-1996

    SIX Coudert Brothers partners have left to join Morgan Lewis & Bockius' international section in a mass defection with six associates expected to follow.According to the head of Morgan Lewis' international section in London Charles Lubar, "a lot of people" wanted to leave Couderts, although he would not reveal specific numbers. The six who did join "all have substantial followings", he said.Three partners who left Couderts had experience in Singapore, ...

  • Politics and the Law. Coming up labour roses

    26-Mar-1996

    A Cabinet Committee this month considered dropping the Family Law Bill despite the fact that it had passed its stages in the Lords and such a decision would probably mean the resignation of the Lord Chancellor, Lord Mackay.Would a Labour government, led by a barrister and supported in the Lords and Commons by two canny political operators, one of whom has direct access to the leader, be less likely to land itself in such a pickle.?The main political parties are ...

  • Privatisations

    26-Mar-1996

    Pinsent Curtis acted for the joint venture purchaser of the largest of the 13 infrastructure service companies being sold by British Rail in advance of the Railtrack privatisation. GT Railway Maintenance, a joint venture formed by GEC Alsthom and Tarmac Construction, has, conditional upon approval by the European Commission under EU merger regulations, purchased Central Infrastructure Maintenance Company. The British Railways Board was advised by Freshfields. The ...

  • Property

    26-Mar-1996

    Wragge & Co advised Wells Soft Drinks on the acquisition, subject to planning permission, of a 26-acre site at Swan Valley, Northampton. Wells plans to develop a new £40 million manufacturing and bottling plant. Alsop Wilkinson represented the vendor Swan Hill Developments.

  • Property

    26-Mar-1996

    Travers Smith Braithwaite acted for a German investor in the purchase of an investment property, 33 Old Bond Street, London W1, a substantial part of which is let to Gucci. The purchase price was £13 million. The vendor, Securum Property Holdings, was represented by SJ Berwin & Co.

  • Quality award for London borough

    26-Mar-1996

    Helen Sage reportsNEWHAM Council is the first London Borough to win an independent quality award for its legal services work.The legal services department, which tendered successfully for the council's legal work, has been awarded the quality accreditation following an assessment by the independent quality auditor SGS Yarsleys.The award, which is internationally recognised and open to public and private concerns, is a way ...

  • Reporter faces jail for protecting sources

    26-Mar-1996

    A case of major importance to the media is now pending in the High Court. It centres on the rights of journalists to protect sources of information.Former Newcastle-based Journal reporter Dani Garavelli, who now works for The Scotsman, faces a prison sentence for failing to reveal her sources of information after being subpoenaed to give evidence at police disciplinary proceedings. And the High Court has paved the way for committal proceedings to go ahead against ...

  • Reputation is everything

    26-Mar-1996

    The confidentiality of Jersey as a financial centre is occasionally questioned. This is especially true today, as differences between Jersey and UK law are brought into the public arena by cases involving disclosure of information under modern fraud legislation.Jersey lawyers have become familiar with names such as Norwich Pharmacal, Banker's Trust and Anton Piller, and the island's Royal Court has readily adopted the principles applied in those English cases.

  • Rethink, repackage and reform

    26-Mar-1996

    The Bar Council's recent selection of institutions to teach the Bar Vocational Course from 1997 seems to be the latest example of the fixation with numbers which continues to mislead both halves of the legal profession over future requirements in recruitment and vocational training. At least one institution from the favoured nine in Band One which offers a unique and quality training package has been excluded.When can we expect a co ordinated policy guiding the future ...

  • Russian lawyer moves to Baker & McKenzie

    26-Mar-1996

    A RUSSIAN attorney with an international reputation for his specialist trade mark expertise has joined the Moscow office of Baker & McKenzie as a partner.Eugene Arievich is heading the office's intellectual property practice.He joins Baker & McKenzie from Intels, a firm co-founded by Arievich in 1988 which has established eight offices in the former Soviet Union ...

  • Rwanda. How do you try the 'little killers'?

    26-Mar-1996

    As many as a million people, mainly Tutsis but also many Hutus who opposed the genocide in Rwanda, were killed in their homes or massacred in churches, or cut down at road blocks.What the survivors now want is justice. But justice is easier said than done in a country where professionals - and in particular judges and lawyers - were the first to be targeted, and the justice system along with other social institutions was destroyed.The genocide started in April ...

  • Stockbroker profiles

    26-Mar-1996

    Mary Heaney reportsSifa has constructed a panel of preferred stockbrokers with whom the group proposes to build a special relationship for the benefit of members and associate firms which undertake non-DIB work. It proposes to issue a booklet shortly containing profiles of these brokers.

  • Stories of the privileged

    26-Mar-1996

    The introduction of the Defamation Bill has been widely followed. But one often over-looked proposal is the suggested extension of the statutory reporting privilege, particularly as it relates to the affairs of public companies.The existing privilege is enshrined in the Defamation Act 1952 which relates to a fair and accurate report of proceedings at a general meeting of any company "not being a private company".The new Defamation Bill aims to broaden the privilege ...

  • Swap options appeal

    26-Mar-1996

    The House of Lords has given leave for an appeal direct from the High Court in Bankers Trust International v RCS Editori Spa. The case centres on a dispute over 1992 'swap options' between the parties. The Law Lords are to be asked to probe jurisdictional points and the impact of Article 17 of the Brussels Convention on jurisdiction in this case.

  • TEPs show growth

    26-Mar-1996

    Mary Heaney reportsResearch by the Association of Policy Market Makers among its members shows that the market in Traded Endowment Policies (TEPs) has grown by 15 per cent in the past year. However, the chair of the association Tony Vincent estimates that around £600 million of tradeable policies are still surrendered direct to life offices each year as the holders of these policies do not know the market exists. He said: "As the average value of a policy ...

  • The Association of Solicitors in Investment Management (Asim) is to hold an election for a new chair following the decision of Cripps Harries Hall partner David Lough to stand down after three years i

    26-Mar-1996

    Mary Heaney reportsThe Association of Solicitors in Investment Management (Asim) is to hold an election for a new chair following the decision of Cripps Harries Hall partner David Lough to stand down after three years in the position.Heather Martin, secretary to the association, said of the departure : “Everyone’s very sad that he’s going. For the past year, he has wanted ...

  • The challenge to the islands

    26-Mar-1996

    The UK offshore centres of the Channel Islands and the Isle of Man need to look closely at their competitive position in the current environment. They are no longer operating in a cosy niche, serving the banking and discretionary management requirements of expatriates and retired people.Competition from other international centres, the globalisation of investment and financial deregulation in the UK and Europe are all matters calling for a response.All the centres ...

  • The fabled benefits of ESOPs

    26-Mar-1996

    It is widely accepted that companies which involve their employees in share ownership receive benefits through the recruitment and retention of staff, the fostering of employee interest in the company and the motivation of employees to improve profits. In addition, institutional investors generally prefer to see senior executives benefit by shares rather than cash.An Employee Share Ownership Plan (ESOP) offers a flexible vehicle through which to provide share incentives ...

  • The Lawyer Inquiry: Henry Sherman

    26-Mar-1996

    Henry Sherman is a partner in McKenna & Co's construction department. Born in Burnley, Lancashire, in 1952, he now lives in Teddington, London. diaryWhat was your first job?A highly enjoyable summer placement at Brain & Brain, Reading.What was your first ever salary as a lawyer?I have forgotten; it seemed princely at the time.What would you have done ...

  • Witnesseth herein the obscurity of legal journal

    26-Mar-1996

    THE FIGHT against gobbledygook in legal writing is being led by a woman who once thought compensation was what made wallpaper peel.Chrissie Maher OBE founded the Plain English Campaign, which has released a plain English guide to legal writing, Language on Trial.Maher, who was semi-literate until the age of 14, was saved from lifelong difficulty by her first employer paying for her to learn to read. Now she questions the legal profession’s fondness for pompous ...

  • Writs

    26-Mar-1996

    MP Tom Pendry is suing the publishers of The Spectator for libel damages over an article, published last August, headed "The Lambeth of the North". In addition to damages he also seeks an injunction preventing further publication of the words of which he complains.Writ issued by Davenport Lyons, London W1. P234Conductor and orchestra ...