Camerons borrowed £4.5m to fund 2009-10 de-equitisations

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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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Bryan Hall

Virgin Media promotes deputy GC as Hall announces retirement

Virgin Media general counsel Bryan Hall has retired from the company after six years in the role and will return to his native US. Hall’s role will be filled by Scott Dresser who joined Virgin Media as deputy general counsel from US reinsurance company White Mountains Re Group. In his new role, Dresser will also […]

Andrew Thomson

Bindmans

King’s Cross-based Bindmans is enjoying a market-busting boom, helped by the firm’s longstanding focus on public law, human rights and civil liberties. The 16-partner firm also has a growing business crime unit, hardly hurt by the recession. As a result Bindmans saw its total fee income grow from £6.6m to £7.2m last year. And if […]

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Ambitious Lupton Fawcett scoops up 32 ex-AMS staff

Shortly before Christmas 100-year old firm Ashton Morton Slack (AMS) became the latest victim of the current harsh trading environment by filing for administration. Graham Newton, BDO business restructuring partner who was appointed joint administrator alongside Dermot Power, attributed the firm’s demise to “a combination of a declining volume of business and increased overheads, which created a ­cashflow problem that […]

Herbies, Taylor Wessing win Sheffield block sale

Herbert Smith and Taylor Wessing won mandates on the sale of the Sheffield building that ­houses DLA Piper’s offices in the city. Taylor Wessing advised longstanding client Canada Life on the £24m purchase of No 1 St Paul’s Place from fund manager Standard Life Investments, which was advised by Herbert Smith. Real estate partner and former group head John […]

Heat wave

Contrary to how most people probably felt while clambering from their beds this morning, today is not actually the most depressing day of the year. Officially, we have to wait a couple of weeks for that particular delight, according to those in the know. But, apparently, those of us who had forgotten what our offices […]

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