Compensation payments cut

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Latest Briefings

Fund finance market: How can lenders protect themselves?

By Alistair Russell, Richard Munden, Ardil Salem Although the fund finance market has historically been, and continues to be, a particularly low-risk one for lenders, recent events have led some to consider a rather rare and unlikely scenario: what if a fund simply releases or waives the commitments of its investors without lender consent? A credit agreement will […]

Five key employment cases: 2018

By Antonia Blackwell As we enter the festive period and the start of a new year, we take a look back on some of the most notable cases of 2018. Employer’s liability A managing director’s assault on an employee was held to be “in the course of employment” by the Court of Appeal, and therefore […]

Fraudsters are entitled to make use of the law of adverse possession

By Nick Shepherd, Lucy Shepherd The Court of Appeal has held that the law of adverse possession can be used to obtain ownership of a property even if the possession came about due to previous fraudulent activity. Background The case of Rashid v Nasrullah involved two people named Mohammed Rashid, whom the court for convenience termed MR1 […]

Ontario postpones retail cannabis licence applications at the eleventh hour

By Lewis Retik, William Bjornsson At 7:30 p.m. on the evening of December 13, effectively one business day before the application portal for Ontario retail cannabis licences was scheduled to open, the Ontario government announced that it will postpone its acceptance of cannabis retail licence applications. The move was announced as a response to continued […]

Brexit and the protection of geographical indications for food and drink

By Ravi Randhawa In this article we review the potentially complex and disruptive implications of both a ‘deal’ and ‘no deal’ Brexit for UK and EU producers of GI-protected products given the current huge economic benefit (and cultural value) for the UK with over £5 billion gained in annual exports of GI-protected products. INTRODUCTION TO GEOGRAPHICAL […]

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City partner trying to sway election, claims Bogan

Clifford Chance is caught up in a row over accusations that senior partner Keith Clark has tried to persuade the firm’s lawyers to take sides in the Law Society elections. Contender Anthony Bogan has complained to Clark about a memo he circulated to staff urging them to vote in the poll and in which Clark […]

Financings

Herbert Smith acted for National Provident Institution for the issue of £100 million of undated subordinated guaranteed bonds. Linklaters & Paines acted for the trustee and managers.

Rouses wants to be Willoughbys in UK

NICHE intellectual property firm Rouse & Co is changing its UK name to Willoughby & Partners to avoid confusion with its intellectual property enforcement business in Europe, China and Hong Kong. The firm’s international work was previously done under two names: Rouse & Co in Europe and New China Consultants in China and Hong Kong. […]

More fingers in the pie

As a life assurance salesman, I read with glee the letter on the increasing interest of accountants in the legal profession. The “free for all” society is now touching not only the newsagents but also the legal profession. What is happening now happened to the financial services sector years ago. The referral system that worked […]

Ex-Baileys partner sues for breach of contract

TWENTY partners at the London firm Baileys Shaw & Gillett are being sued for breach of contract by a former salaried partner. In a statement of claim lodged at the Central London County Court, Pauline Walker accused the firm of breaching the employment severance arrangements that she had been agreed with the partners. She is […]

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