Cravath gifts Herbies early Xmas present with Ripplewood referral

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Latest Briefings

Issues concerning construction and enforceability of settlement agreements

By Craig Orr Zurich Insurance v Hayward has drawn attention to the scope for parties to re-open settlements when new evidence disproving the other side’s case later emerges. Craig Orr QC considers this and other issues concerning the construction and enforceability of settlement agreements, by reference to modern English and Commonwealth authority.

Romanian Competition Council’s conclusions on retail banking sector inquiry

By Iustinian Captariu, Theodora Stoica Following the adoption of EU Directive (EU) 2015/2366 of the European Parliament and Council of 25 November 2015 on payment services in the internal market (“PSD2”), the Romanian Competition Council (the “RCC”) launched in 2016 a comprehensive study of the Romanian retail banking market. PSD2 is expected to fundamentally change the way […]

Canada: Federal government to implement Wells v Canada

By Jaimie Lickers, John J. Wilson Yesterday, representatives of the federal government and the Qalipu Mi’kmaq First Nation of Newfoundland announced that – as a result of the litigation advanced by Gowling WLG – it will reassess approximately 58,000 membership applications for membership denied on the basis of the evidentiary criteria set aside in Wells v. Canada. […]

MPs can depend on government to renegotiate as part of meaningful vote

By Kieran Laird In the political tempest of the last couple of days it would be easy for a report by a Parliamentary committee to slip under the radar unremarked. However, today’s report by the Commons Procedure Committee concerns the very live issue of the form of the motion on which MPs will have their meaningful […]

Can the UK reverse out of Brexit?

By Kieran Laird In a few weeks MPs will be asked to vote to approve the Withdrawal Agreement and political declaration on a future trade deal negotiated by the government. At present, the mood music is that many – both pro- and anti-Brexit – dislike the package. However, whether or not they vote against it will, […]

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Yule log

Lawyers should take advantage of the twelve days of Christmas to review their finances. David Dale provides the lowdown on how to extend your festive cheer The ghost of Christmas presentsChristmas is a time for giving and receiving – which in our modern, consumerist age usually means spending money. In order to make sure you […]

Slaughters and Cadwalader in grudge match on MyTravel

Wilkinson’s bid on behalf of bondholders failed, but the story isn’t over yet Slaughter and May and Cadwalader – old adversaries on workout litigation – have clashed over bondholder rights almost two years after the firms squared up to each other in the Colt Telecom case, in which the US firm was heavily criticised for […]

Australia’s opposition party slates legal fees

Australian lawyers have come under attack from the country’s opposition party over claims that high fees are preventing people from accessing the justice system. At a dinner to recognise community and legal services activism, shadow federal attorney-general Nicola Roxon accused the legal industry of impinging the public’s access to the justice system by demanding excessive […]

Wragges partners give way to profits

Birmingham giant Wragge & Co has become the latest firm to resort to managing out partners in a bid to bolster profits, The Lawyer can reveal. The programme has so far resulted in six partners exiting the 117-partner firm since the start of the current financial year. However, it is understood that, by April 2005, at […]

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