Clydes, cases and cat-astrophes

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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President Obama

Debevoise’s Mary Jo White picked by Obama to head the SEC

The head of Debevoise & Plimpton’s litigation practice Mary Jo White is expected to be named by President Barack Obama today as the new head of the Securities and Exchange Commission (SEC). The news is not yet official and Debevoise is currently making no comment, but White House sources said today that Obama would announce […]

Chris Vaughan

Balfour Beatty to sign deal with Pinsents as part of cost-cutting drive

Pinsent Masons is on the brink of signing a deal with Balfour Beatty that will see it become the sole legal provider for at least some areas of its external needs. The move comes a few months after The Lawyer reported that the construction company was looking for innovative ways to cut its law firm […]

Landlord’s possession claim not defeated by counterclaim in damages

With the threat of a possession order looming, tenants will try any number of things in an attempt to prevent an order being granted. The Court of Appeal has, however, confirmed in the case of Chowdhury v Woodman that an alleged breach of a landlord’s covenants will not defeat a claim for possession, even though it […]

David Dunsire
1

Tods Murray sees profit drop by 25 per cent in ‘slow’ 2011/12

Scottish firm Tods Murray’s LLP accounts show that the firm had a tough year in 2011/12, with revenue dropping by nearly 10 per cent and profit down by more than a quarter. Turnover at Tods Murray was £11.8m in 2011/12, down 9.8 per cent from £13.06m in 2010/11. Profit, meanwhile, fell by 25.8 per cent, […]

Eversheds cuts debt on back of growth year, accounts reveal

Eversheds paid down nearly £20m of its debts in 2011/12, as the firm’s top line returned to growth for the first time in three years. Sources at Eversheds are bracing themselves for a more difficult 2012/13, however, as half-year figures show no signs of growth. According to Eversheds’ LLP accounts, the amount owed by the […]

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