Banks demand Norton Rose drops restrictive covenants

Norton Rose has been forced to release four of its former partners from their restrictive covenants several months early due to pressure from key clients Deutsche Bank and JPMorgan Chase

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Latest Briefings

Unprecedented sector changes for housing standards

By Karl Anders and Lucie Bryan The Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill passed its Second Reading at the beginning of 2018. The Bill has support from both landlord and tenant-focused organisations, who are eager for it to pass into law. Housing Management and Litigation experts Karl Anders and Lucie Bryan […]

Anti-variation clauses: Valid after all

By Gwendoline Davies  In 2016 the Court of Appeal ruled that anti-variation clauses in commercial contracts had no legal effect and that contracts could be varied despite prior express restrictions to the contrary.  That has now been unanimously overturned by the Supreme Court in MWB Business Exchange Centres Ltd v Rock Advertising Ltd.  Walker Morris’ Head of […]

Social housing monthly law update – May 2018

By David Isaacson TLT’s monthly law update on all things affecting social housing Highlights this month include: ICO produces lawful basis interactive guidance tool Government consults on proposals to toughen rules on building safety Funding for supported housing: Government response published MHCLG announces plans for mandatory code of practice for letting and managing agents Land […]

GDPR enforcement and penalties: What you need to know

The General Data Protection Regulation will come into force on 25 May 2018 and brings with it new and improved regulatory powers for the Information Commissioner’s Office. What will this mean for businesses facing a data breach under the new GDPR regime?

Dutch law firms together against cybercrime

A number of Dutch firms have announced they will work together to fight cybercrime and digital threats. This group, in the event of proven success, looks forward to connecting with other law firms…

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War of words as CC partners do battle

Contenders for the senior partner job at Clifford Chance issued their manifestos last week as one of the six candidates dropped out of the race

Clifford Chance battles Slaughters over British Energy rescue package

Magic circle giants Clifford Chance and Slaughter and May have gone head-to-head in an effort to sort out a Government-backed rescue package for stricken electricity generator British Energy.Clifford Chance partner David Childs, long-term adviser to the embattled energy company is leading negotiations with the Government and private financiers to secure the future of the company.The […]

Taylor Root Law Society Sevens Tournament

The Taylor Root Law Society Sevens Tournament takes place this Sunday (22 September) at Richmond rugby ground. The popular event, supported by The Lawyer and which last year saw Clyde & Co take the coveted crown, displacing the much-fancied Freshfields, starts at 11am.

Lawyers finally called to account in Enron debacle

Will Vinson & Elkins and Kirkland & Ellis be dragged through the mud? Emma Vere-Jones reports Accountants have often felt the finger of blame in corporate accounting scandals. Maxwell, BCCI and last year’s Waste Management scandal are just a few instances that spring to mind. The legal advisers have usually managed to avoid the spotlight, […]

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