Clydes, cases and cat-astrophes

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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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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