The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The terms of British Gas's much-publicised Goldfish loyalty card, which gives its customers reductions on their gas bills, were hammered out by a team of lawyers from Simmons & Simmons.
Tax partner Stephen Coleclough said his team, which acted for HFC, the bank issuing the card, had to devise contracts that ensured "no one goes up to HFC with their card saying 'What about a reduction on my gas bill?' and no one goes up to British Gas saying 'you've got liability under the Consumer Credit Act'."
British Gas and HFC have formed a joint venture company, Goldbrand Development, to manage the card, but British Gas remains responsible for giving reductions on gas bills and HFC retains responsibility for underwriting the card.
Corporate partner Jeffrey Keey led the Simmons & Simmons team with Coleclough and assistants Lisa Cristie, Kingsley Wallman and Jenny Block.
British Gas used its own lawyer, Chris Cornfield, on the deal.