Arcelor-Severstal merger hits a bump

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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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Risk aversion

A spike in insurance premiums has led investors in Bermuda to favour a more flexible vehicle called a ‘sidecar’, which simplifies the relationship between reinsurer and investor. Charles Collis reports With the 2006 hurricane season already under way, many US property insurers are facing a severe shortage of reinsurance capacity and are seeing a consequent […]

Veale Wasbrough’s Pizzey gets a third term

Bristol’s Veale Wasbrough has elected managing partner Simon Pizzey to sit a third successive term. First appointed in September 1998, Pizzey will lead the firm for a further three years. The firm also revealed turnover for the last financial year of £13.3m. Pizzey cited strong performance in the firm’s education and corporate teams. Average profit […]

The blame game

Guernsey is revisiting its laws on company directors following the Enron collapse, but it is unlikely to adopt a statutory code of practice. Alison Ozanne and Doug Hayter report As the corporate world awaits the sentences for Enron’s founder Kenneth Lay and former chief executive Jeffrey Skilling after the guilty verdicts returned on 25 May, […]

Phillips Fox set to take place in DLA galaxy

Phillips Fox has adopted the DLA moniker as part of its entry into the DLA Piper Rudnick Gray Cary alliance. The firm will rebrand as DLA Phillips Fox when it becomes a member of the DLA Piper group later this year, as first revealed on www.thelawyer.com (15 June). Tony Crawford, Phillips Fox chief executive, said: […]

Turnover boost for Ward Hadaway

North East firm Ward Hadaway has announced its year-end results, showing increased turnover but static profits. Turnover was £21.6m, a 6 per cent increase on last year’s £20m. However profit per equity partner (PEP) has remained the same as 2004-05’s £370,000, as first reported on www.thelawyer.com (14 June). Managing partner Jamie Martin defended the results: […]

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