BT exchanges on the outsourcing of its UK property portfolio for £2.3bn to TeleReal Holdings, a 50-50 joint venture between Land Securities Trillium and William Pears Family Holdings.

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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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Buchanans ditches PFI team in strategy U-turn

Short-lived practice fails; founding London partner Francis told to quit; firm to refocus on consultancy US firm Buchanan Ingersoll is forgoing its high-profile London projects and PFI practice, which it launched just 18 months ago.The office’s managing partner Barry Francis and two other partners will leave in the summer, following the firm’s decision last week.Francis […]

1

City firms to assist Foreign Office in pro bono drive

The Foreign & Commonwealth Office (FCO) will contact UK lawyers this week and ask them to join a new panel giving pro bono advice to British prisoners overseas. The scheme has already been showcased to members of the Solicitors’ Pro Bono Group (SPBG), including all the magic circle firms.Lawyers will be asked to give the […]

Comment

Poor old Clifford Chance. The competition practice has hardly been having an easy time of it recently, what with head of department Chris Bright jumping ship to join Shearman & Sterling and now its highest profile piece of work is falling apart around its ears. To say that it should have foreseen the European Commission’s […]

Top firms link up with LawCommerce.com

Clifford Chance is allying itself with LawCommerce.com and a host of top US firms to try to develop a uniform standard for online deal rooms. Other firms involved include the likes of Skadden Arps Slate Meagher & Flom, Wilson Sonsini Goodrich & Rosati and Wachtell Lipton Rosen & Katz, and the aim is to produce […]

UBS Warburg fills head of Europe role

UBS Warburg is hiring a European general counsel. The post has been vacant for nearly a year. Sally James is returning to the department after a spell as a bursar at the University of Cambridge, before which she was deputy head of legal for Swiss Bank Corporation, which merged with UBS in 1998.She is filling […]

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