Arnold & Porter first to break from PQE on associate pay

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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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New bar association launched to raise direct access awareness

A new barristers’ association is to be launched to promote direct access to the bar. The Public Access Bar Association (PABA) will aim to encourage the Bar Council to improve public awareness of the option to instruct a barrister before using a solicitor. PABA will represent the hundreds of barristers who registered in July 2004 […]

Mcdermott lands bnp paribas CDO work

McDermott Will & Emery won a pitch to advise BNP Paribas on the multi-currency collateralised debt obligation (CDO) of leveraged loans for Pemba Credit Advisers. Partner Steven Black led the team advising the bank as the lead arranger on the ?558m (£379.76m) CDO for Pemba Credit Advisers, a subsidiary of hedge fund manager Man Group. […]

Walkers raids Mourant for Jersey expansion

Walkers has poached two lawyers from offshore rival Mourant du Feu & Jeune and flown in a partner from its Cayman Islands presence to launch a Jersey-based structured finance offering. Partner Heather Bestwick has relocated from the firm’s Cayman headquarters to head the new asset finance, capital markets and structured finance group in Jersey. She […]

New phase for Yukos sell-off as Italian utilities come to the table

The politically charged auction of Yukos assets to Italian utility companies Enel and Eni has cemented Salans’ relationship with Enel on Russian acquisitions. The firm was lead counsel to Enel when it paired up with Eni to bid for $5.3bn (£2.66bn) worth of gas assets formerly held by Yukos, the bankrupted Russian energy giant. The […]

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