A&O flies bankruptcy star back to New York

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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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Former Cravath partner White rejoins from the SEC

Former Cravath Swaine & Moore corporate partner John White is to return to the firm next year after a two-year stint at the Securities and Exchange Commission. White is currently the SEC’s director of the division of corporation finance. He first joined Cravath in 1975 and became a partner in 1980. Cravath presiding partner Evan […]

Allen & Overy half-year turnover up 11 per cent

Allen & Overy half-year turnover up 11 per cent” />Allen & Overy’s (A&O) half-year turnover increased by 11 per cent to £548m compared to the same period last year. The firm said that the results were buoyed by the impact of global market turmoil. Managing partner Wim Dejonghe (pictured) said: “Business is holding up for […]

Dentons turnover up 6 per cent at half-year

Denton Wilde Sapte has grown turnover by six per cent for the first six months of 2008-09 to hit £78.3m. The firm made £74.1m during the same period for 2007-08, which was a 10 per cent hike on 2006-07. Chief Executive Howard Morris (pictured) said: “This is a solid result given the current level of […]

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Lehman law firm creditors missed off official list

Law firms owed millions of pounds by Lehman Brothers have been missed off a list of trade creditors issued last Tuesday (4 November) by administrators PricewaterhouseCoopers (PwC). The London offices of Allen & Overy, Ashurst, Cadwalader Wickersham & Taft and Clifford Chance are just four of the firms missing. “It’s all a complete bloody mess,” […]

Taylor Wessing half-year: turnover down 1 per cent

Taylor Wessing‘s half-year UK revenues have decreased by 1 per cent on the same period last year to £42.6m. However, growth overseas has taken total turnover for the half-year at the firm up by 9 per cent to £84.7m, with fees billed in foreign offices now having almost overtaken the UK. A spokesperson for the […]

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