Carillion demands 25 per cent cost saving

New panel asked to formulate money-saving strategies; regular reviews planned

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Latest Briefings

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Pimlico Plumbers – contract matters and the ‘gig’ economy

By Alex Mellis The ‘gig’ economy cases, scattered throughout the different tiers of varying jurisdictions of courts and tribunals, excite much interest when the latest decision is published and flashed across the media. The recent decision of the Supreme Court in Pimlico Plumbers & Anor v Smith, handed down on 13 June 2018, will be no […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

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Kvaerner merger sees legal director head off to Dorsey

Jan Greve, former legal director at Norwegian construction company Kvaerner, has joined the London office of Dorsey & Whitney. Greve has taken his first plunge into private practice after Kvaerner moved its headquarters from London back to Oslo following its January merger with Aker. Aker Kvaerner, which recently cut 1,000 jobs, has retained no central […]

Opinion

More than three years after the introduction of the new Civil Procedure Rules (CPR), some litigators are still missing opportunities to take full advantage of expert evidence. There are two aspects of the CPR where there is scope for lawyers to take the initiative: written questions to experts and preparing for discussions between experts. Suppose […]

Sidley teams up with Japanese firm

Sidley Austin Brown & Wood is upping the ante in Japan with a joint venture in Tokyo. The team of lawyers will be led by Komatsu Koma & Nishikawa name partner Tomoo Nishikawa. The team includes three bengoshi from Komatsu (Nishikawa plus Wansik Lee and Tadano Shima) and a fourth, Teiko Shigezumi, from Osaka firm […]

DLA forms bulwark as the OFT gets tougher on cartels

Helen Power discovers that the best defence against the OFT may be a bunch of ‘Northern upstarts’ “We’re uncovering one cartel a month. We are now uncovering more serious ones. This activity is equivalent to theft. It has no redeeming features. Effective deterence is very important.” This came from the Office of Fair Trading’s (OFT) […]

Much ado about nothing

The Government has put forward its new proposals to free up the charity sector. But as Jon Robins discovers, many regard it as an elaborate exercise in semantics The test of New labour’s radical resolve to shake up the 400-year-old charity law was always going to be how it would treat public schools. Why should […]

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