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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Pannone’s profit flat after year of investment

Pannone has exceeded its turnover target for 2006, bringing in £39m for the last financial year after heavy recruitment. The result is an increase of 16 per cent from last year’s figure of £33.5m. Managing partner Joy Kingsley said that while the North West firm had not yet finalised profits, Pannone’s average profit per equity […]

Enron executives found guilty

Former Enron chief executives Ken Lay and Jeffrey Skilling have been found guilty of fraud. Lay, 64, and Skilling, 52, were charged with hiding the weak financial condition of the energy company that collapsed into bankruptcy amid a wave of accounting scandals in December 2001. Lay was convicted on all six counts, while Skilling was […]

Royal Bank of Scotland

Royal Bank of Scotland’s in-house overhaul has far-reaching implications for the bank’s advisers, both in and out of house. Matt Byrne talks to RBS’s legal chiefs about introducing a culture of relationship management What is the role of an in-house team? It is a question the Royal Bank of Scotland’s (RBS) senior legal team has […]

Bunfight at the A&O corral

Allen & Overy has been attacked by US firms as it tries to reform its partnership. But as its flagship banking group loses market share, is all this tinkering too little, too late? Allen & Overy ‘s (A&O) partnership retreat last October in the Marriott Hotel on the Edgware Road was a chummy affair by […]

Conyers opens eighth office with Dubai launch

Conyers Dill & Pearman has confirmed that it will open its Dubai office in July following its successful application for a licence from the Dubai Financial Services Authority (DFSA). As first reported by The Lawyer (24 April) the firm registered at office at the Dubai International Finance Centre (DIFC). The firm’s Middle East operation will […]

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