Eversheds Sutherland has successfully overturned a High Court decision on behalf of Malaysia’s Minister of Finance (MoF) and 1Malaysia Development Berhad (1MDB), duly defeating Clifford Chance in the process. Heard in the Court of Appeal, the case’s fundamentals related to a previous High Court judgment that prevented 1MDB and MoF from lodging a court application that sought […]
LendInvest GC Ruth Pearson talks to The Lawyer ahead of her session at the In-house Financial Services conference.
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
Our digest this week is certainly one for the petrolheads, with the first case concerning the most expensive car ever bought, while the other affects Volkswagen-owners all across the country. There’s a whole host of firms acting in both hearings, including Rosenblatt Solicitors, Freshfields Bruckhaus Deringer and Leigh Day. Separately, Stephenson Harwood and Macfarlanes are […]
Eversheds Sutherland has successfully overturned a High Court decision on behalf of Malaysia’s Minister of Finance (MoF) and 1Malaysia Development Berhad (1MDB), duly defeating Clifford Chance in the process. Heard in the Court of Appeal, the case’s fundamentals related to a previous High Court judgment that prevented 1MDB and MoF from lodging a court application that sought […]
LendInvest GC Ruth Pearson talks to The Lawyer ahead of her session at the In-house Financial Services conference.
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
Our digest this week is certainly one for the petrolheads, with the first case concerning the most expensive car ever bought, while the other affects Volkswagen-owners all across the country. There’s a whole host of firms acting in both hearings, including Rosenblatt Solicitors, Freshfields Bruckhaus Deringer and Leigh Day. Separately, Stephenson Harwood and Macfarlanes are […]
Freshfields Bruckhaus Deringer’s former head of international tax is in custody in Germany in relation to ongoing investigations into “cum-ex” transactions. According to Sueddeutsche Zeitung, Ulf Johannemann has been in custody since Friday afternoon and has been refused leave to return home “due to the risk of absconding”. He left the firm several weeks ago. […]
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Partners at Gowling WLG may not receive their share of partner distributions to keep the firm steady during the coronavirus pandemic. Partner distributions for Gowling’s UK LLP have been deferred and it has made no commitment to pay them. In order to safeguard the firm during the crisis, the firm is also keeping drawings under […]
Addleshaw Goddard has chosen to defer its May distribution of partner profits to counteract the economic consequences of Covid-19. The decision comes as the firm has also decided to put some of the paralegals in its transactions services team on the UK Government furlough program. The firm is not understood to be topping up the […]
The four Inns of Court have announced an emergency hardship fund to assist barristers who need urgent help amid the coronavirus crisis. Last month, The Lawyer reported that over 200 junior barristers had signed a letter to the Bar Council and its vice-chair Amanda Pinto QC, asking it to respond to the self-employed income support scheme announced […]
Shoosmiths is considering cutting down partner and staff working hours by 20 per cent to weather the coronavirus pandemic. The firm has said it is consulting with partners and staff on moving to a four-day week, which will be on a temporary, voluntary basis and entail a 20 per cent cut in pay and benefits. […]
Hill Dickinson and Lewis Silkin are placing some of their non-fee-earners and associates on furlough in response to the coronavirus pandemic, The Lawyer understands. Both firms have taken the decision to use the UK Government’s grant scheme – providing furloughed staff with 80 per cent of their wage. A Lewis Silkin spokesperson said: “Our absolute focus […]
DLA Piper has placed some of its non-fee-earners on furlough in response to the coronavirus pandemic. The firm has furloughed a number of people in its UK property and workplace team. The department provides premises and office services including management and maintenance of DLA’s offices. The firm states that the employees are currently at home […]
