Latest Briefings

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

Coronavirus Digest no. 2: Patents and other intellectual property rights

Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.

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House of Lords crossbench role for Pannick

Blackstone Chambers silk David Pannick QC has been made a non-party political peer by the House of Lords’ appointments commission. Pannick, who is well known for his work in the fields of public law, human rights and sports law, will continue as a tenant at Blackstone, combining his day job with acting as a crossbencher […]

Lane partner quits before TwoBirds linkup

Fox Williams has recruited corporate partner Nick Sayers from Lane & Partners, which has just merged with Bird & Bird. Sayers, who takes with him eight year-qualified associate Howard Taylor, said he decided to leave Lane & Partners before the merger as he felt that Bird & Bird was not the right platform for his […]

Davis polk advises Citi on Wachovia buy

Davis Polk & Wardwell, ­Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored roles on Citigroup’s acquisition of Wachovia’s banking operations. Davis Polk partners John Ettinger and Phillip Mills are advising Citi, Sullivan chairman Rodgin Cohen is advising Wachovia, and Skadden partners Eric Friedman and Greg Fernicola are advising on due diligence […]

City firms win roles on Government’s bank bailout

A raft of top City lawyers have been called on to advise on the Government’s £50bn bank rescue scheme. Some of the biggest names in the magic circle have been handed roles by established clients for what is, in effect, a partial nationalisation of the UK’s banks. Linklaters is advising two key clients, with banking […]

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Small firms suffer as legal insurers refuse to underwrite in current climate

Following five consecutive years of falling rates, lawyers have been shocked to find that professional indemnity (PI) insurance rates have doubled for the 2009 renewal season. ­Hardest hit are those already facing a myriad of economic challenges: small firms, sole practitioners and conveyancing practices. For the past month firms have been scrabbling to get cover […]

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