Banks’ bailout boom keeps the wolf from the door for finance lawyers

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Latest Briefings

Law Commission consultation on leasehold enfranchisement reform

By Karl Anders, Zoe McLean-Wells The Law Commission has undertaken a “root and branch review” of all aspects of enfranchisement law and is consulting on detailed and wide-ranging proposals for reform. Housing Management & Litigation experts Karl Anders and Zoe McLean-Wells summarise some of the headline proposals and urge stakeholders to have their say before the extended […]

Busy lenders’ round-up: December 2018

By Deborah Sheldon Welcome to TLT’s busy lenders’ monthly round-up. Each month we summarise the latest news and developments in retail mortgage lending and regulation.

Financial Reporting Council has launched new code for the corporate governance

By Alice Gardner A new code for the corporate governance of large private companies has now been launched by the Financial Reporting Council. Known as the Wates Principles, the new code is made up of the following six principles: Purpose and leadership Board composition Director responsibilities Opportunity and risk Remuneration Stakeholder relationships and engagement

Slovenia: Right to be heard in dawn raid

By Urša Kranjc In October 2018 the European Court of Human Rights (ECHR) granted Produkcija Plus doo (Pro Plus) €52,500 in compensation after its right to be heard was violated in the proceedings relating to the fine imposed for obstructing the dawn raid. Facts Suspecting that Pro Plus was abusing its dominant position, the Competition Protection […]

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

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Orange squeezes Bevan Brittan out of new panel

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WilmerHale moots Shanghai launch

WilmerHale is in the early stages of applying for a licence to practise in Shanghai, part of a strategy aimed at extending the US firm’s Asian platform. Currently, WilmerHale’s only Asian office is its Beijing base, which opened in 2004 and is headed jointly by corporate partners Lester Ross and Robert Woll. Yesterday (21 January), […]

Over 100 jobs go at Cooley Godward

Cooley Godward Kronish has laid off 52 associates and 62 support staff due to the economic slowdown. In an internal statement the US firm announced that various levels of seniority have been affected with the public securities, finance and real estate practices all experiencing cuts. The statement said: “Given the continued slowdown we have experienced […]

The hard cell: Clare Algar, Reprieve

As the executive director of human rights charity Reprieve, Clare Algar welcomes President Obama’s focus on the rule of law. Speaking ;from ;a ­windowless room at Reprieve HQ, Clare Algar could be forgiven for asking herself why she left a promising career as an IP lawyer to help people she has never met in South […]

Collas Day advises on tidal energy project

Alderney Renewable Energy has instructed Channel Islands firm Collas Day to construct the world’s first legal ­framework for a commercial tidal power project in open water. Commercialisation of the island’s tidal energy will involve the creation of major power plants, with the firm putting together a series of agreements to govern the ­relationships between all […]

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