ABN Amro shake-up sees panel come under review

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Leboeuf Lamb Greene & MacRae has won a series of roles in the wave of privatisation sweeping the former Soviet Union. The firm is advising Commerzbank, which is leading the consortium acting for the Georgian government on the privatisation of Telecom Georgia (TG) and Georgian Local Lines Company (GLLC). The consortium includes the Bank of […]

Technology, Media and Telecommunications

AstraZeneca signs a £1.2bn outsourcing deal with IBM to manage the chemical company’s global IT infrastructure covering 45 countries. AstraZeneca advised by Shaw Pittman (Andrew Moyle). IBM was advised in-house. Parent company of WebFusion Internet Solutions, Magic Moments Internet, acquires One 2 One Advertising & Telecommunications. The company is also placing £2.5m worth of new […]

David and Goliath pairings act in Nomura's takeover of Bass

Hull-based Gosschalks acted alongside Clifford Chance on Nomura’s audacious £625m acquisition of a cluster of Bass pubs. Nomura’s principal finance group has purchased 988 Bass pubs after a hard-fought battle with Legal & General Ventures, making it the UK’s largest landlord. The number of properties involved is dwarfed by Nomura’s portfolio, now standing at 5,581 […]

A man of Substance

A plethora of high-value, non-core selloffs means an impending review of chemical company Laporte’s legal panel. Dearbail Jordan talks to Nicholas Smith, head of legal at the downsized in-house department, to see which way the wind is blowing In the same way that the manufacturing sector has folded in on itself as City investors continue […]

Staying alive

Stephen Foster is a banking partner at CMS Cameron McKenna. The consultation period for the joint DTI/HM Treasury Review Group on Company Rescue and Business Reconstruction Mechanisms, which wishes to lend greater support to a culture of enterprise and thus improve the legal and commercial infrastructure in the UK, ended earlier this month. The Government […]

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