Latest Briefings

Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders

The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks initiated by the former Ministry of Transportation, Infrastructure and Communications has undergone a new series of examinations from the relevant public authorities as part of the legislative procedure.

Insurance Bulletin Spring 2021

Although the full impact of Covid-19 on the re/insurance industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.

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Taylor Wessing recruits from Greenberg in second team hire of 2021

Taylor Wessing has brought in a real estate team from Greenberg Traurig, just months after the arrival of an 11-strong private wealth group from Bryan Cave Leighton Paisner. In March, the firm will beef up the structured component of its real estate sector group with the hire of a four-lawyer team led by partner Michael […]

High Court

Details emerge in Barclays claim from former GC

Today’s high-profile PCP judgment revealed further details about a claim being filed by Barclays’ former general counsel, who is seeking “substantial damages” for breach of contract and duty. According to the judgment in the case of PCP Capital v Barclays, Barclays is facing allegations of breach of contract and duty from former GC Judith Shepherd, […]

HSF repays £75m in Covid borrowings

Herbert Smith Freehills has been able to repay £75m worth of additional funds taken as a precaution from its revolving credit facility at the start of the pandemic. The firm said the draw down has now been fully repaid due to its strong financial performance over 2019/20. The firm’s LLP accounts show that borrowings rose […]

High Court

Ukrainian oligarchs fend off $300m claim from Tatneft

Four Ukrainian oligarchs have scored a major victory against oil giant PSJC Tatneft after the High Court today dismissed the claimant’s $300m lawsuit. This verdict follows a 12-week remote trial in the Commercial Court last winter, with Mrs Justice Moulder rapidly turning out a mammoth judgment that criticises Tatneft’s witnesses for being “evasive, unreliable and […]

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