Banks turn to Herbert Smith for KKR’s Alliance Boots bid

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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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Nestlé panel faces rejig after four-year reprieve

Nestlé has launched a massive review of its European legal panel with a repeat of its ‘Running Shoes’ strategy, which cut 25 per cent of its legal spend last time round. The contracts are worth up to SWf5m (£2.07m) a year for the panel firms, which are Freshfields Bruckhaus Deringer, Mayer Brown Rowe & Maw […]

DLA Piper brings vulture fund down to earth with Zambian debt reduction

DLA Piper has scored a substantial reduction in the damages a so-called vulture fund was seeking to retrieve from the Zambian government. Mr Justice Smith ruled in the High Court (24 April) that the claim should be limited to $15.5m (£7.73m), as opposed to the $55m (£27.44m) sought by the vulture fund. US company Donegal […]

CC settles with Russian clients for unpaid fees

Clifford Chance has settled a claim against a group of Russian shipping clients that had refused to pay their bills. Shipowners Rimsco, KD Marine and R&S Navigation, alongside managing agents AL Maritime and Cloudfree Ship Management, had instructed Clifford Chance to act in a dispute between themselves and four fishery companies.While Clifford Chance billed the […]

Lords join A-listers’ catty, snappy wars

After a seven-year fight, OK! magazine has beaten rival Hello! in the legal equivalent of a sudden-death penalty shootout. See story. And the bitter atmosphere surrounding the Douglases’ wedding photo fight has even spread to the normally placid Lords, with Lord Hoffmann and Lord Walker of Gestingthorpe at loggerheads. Walker worded his dissent carefully and […]

Small mercies

Clifford Chance‘s move to raise associate salaries by a bit, but not too much (to allow top partners to earn more than £1.1m) has let its rivals off the hook, Tulkinghorn hears. “We were delighted,” confides a mole at Herbert Smith. “The pressure’s off. There was a bit of gloom from the associates, but some […]

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