Clifford Chance overhauls New York management

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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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Gide scoops second IPO for French government

Gide Loyrette Nouel had a bumper October after landing its second IPO for the French government this year in the form of the long-awaited partial privatisation of Electricité de France (EdF).

Appeal Court victory ends Manches’ £40m liability

Manches has won a Court of Appeal case that releases it from liability for a £40m arbitration claim. Mrs Justice Gloster ruled in January that Manches, Sprecher Grier Halberstam and Portner & Jaskel were in breach of limited warranty of authority through their representation (at different times) of an AMB Generali Holding predecessor company. But […]

Cobbetts turnover up 18 per cent at half-year stage

Cobbetts has announced half-year income of £24.2m, up 18 per cent from the same period last year. Managing partner Michael Shaw said profits were also “significantly higher” than last year, and he expected full year average profit per equity partner (PEP) to reach £225,000 – up 18 per cent from 2005’s disappointing £190,000. The growth […]

Silverbeck reveals aggressive growth plan with £4.1m revenue per partner

Liverpool boutique Silverbeck Rymer is set to pursue an aggressive growth strategy after more than doubling its turnover during the past three years. The insurance litigation firm has emerged as a key player in the North West, recording a turnover of £16.4m for the 2004-05 financial year and revenue per partner of £4.1m. Legal director and […]

Daimler-Chrysler opts for Shearman on MTU purchase

Shearman & Sterling advised Daimler-Chrysler on its purchase of its final stake in MTU Friedrichshafen, a manufacturer of large diesel engines. Daimler-Chrysler already owned 88.35 per cent of the business and bought the final 11.65 per cent from the founding families. The purchase followed a disagreement between the two parties over the sale of the […]

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