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Latest Briefings

Draft Karnataka Maternity Benefit (Amendment) Rules, 2018

The Maternity Benefit Act, 1961 (MB Act) was amended vide the Maternity Benefit (Amendment) Act, 2017 (2017 Amendment) to grant certain additional benefits to eligible women employees. As part of the 2017 Amendment, the provision of a crèche facility was made effective from 1 July 2017 as a mandatory requirement for every establishment with 50 […]

Insolvency in Indian aviation: India’s new Cape Town convention bill mean for recovery and re-possession of leased aircrafts

Leasing of aircrafts is a prevalent market practice in the aviation industry, and all existing airline operators in India have currently leased a significant number of aircrafts in their fleet. In fact, a sizeable debt in the books of these operators is in connection with such leasehold arrangements. Insolvency proceedings in India, including the aviation […]

Supreme Court confirms commercial tenant’s statutory right to a renewal lease

By David Manda, Ruth Ormrod The Supreme Court has confirmed, in the case of S Franses Ltd v Cavendish Hotel (London) Ltd that a landlord cannot oppose a tenant’s right to renew its tenancy on the grounds of redevelopment or reconstruction if there would be no intention to carry out the proposed works should the tenant vacate voluntarily.  Walker […]

New rules banning harmful gender stereotyping: What financial services clients need to know

By Jeanette Burgess, Louise Power Jeanette Burgess and Louise Power explain the Committee of Advertising Practice’s imminent ban on harmful gender stereotyping and offer their practical advice for financial services clients. What is changing, and why? We reported last year that the Committee of Advertising Practice (CAP) planned to introduce new rules banning harmful gender stereotyping in advertising. […]

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Ferrovial and Freshfields step ahead in BAA takeover battle

Freshfields Bruckhaus Deringer has nudged ahead of Ashurst in the battle to takeover UK airports operator BAA. Spanish construction group Ferrovial, advised by Freshfields partner Laurie McFadden, emerged as the winning bidder overnight after the BAA board recommended its 950p-a-share cash offer. The offer values BAA at £10.11bn. The Goldman Sachs-led consortium, advised by Ashurst […]

The last action hero

The enduring trend for law firms to launch profile-raising initiatives by advertising at sports events has continued this summer. London property boutique Pemberton Greenish has sponsored the Surrey County Cricket Club Academy for three years now, while among the more targeted efforts was Simmons’ tilt at reaching the monied military types. The firm’s light blue-on-white […]

Freshfields, Cleary secure Gartmore sale

Freshfields Bruckhaus Deringer and New York-based Cleary Gottlieb Steen & Hamilton were the principal advisers on Nationwide Mutual Insurance Company’s sale of fund manager Gartmore to Oxford Acquisition III, a company formed by private equity fund Hellman & Friedman. Freshfields advised Nationwide Mutual, led by London corporate partner Rob Stirling. Cleary represented Oxford Acquisition III, […]

Law Soc, Bar Council asked to relax rules

As the university lecturers’ strike spills into June, pressure on the Law Society and Bar Council to relax their stringent rules and allow students unable to graduate entry onto the LPC and BVC has stepped up a gear. The chair of the Committee of Heads of University Law Schools Professor Michael Gunn has reiterated BPP […]

Slaughters litigation head joins Campbells

Slaughter and May‘s French litigation head Edouard Bertrand has found a new home at French independent Campbell Philippart Laigo & Associés. Bertrand joined the six-partner firm as of counsel following the merger between corporate powerhouse Bredin Prat and the bulk of Slaughters’ Paris office on 1 May. “I was looking for a firm that could […]

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