Davis Polk cuts associate bonuses

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Latest Briefings

Congo: Revision of mining code

By Olivier Bustin and Pierrick Ferrero Following the actions by the Ivory Coast in 2014, as well as Burkina Faso, Cameroon and Senegal in 2016, who adopted a new mining code, the DRC has recently revised its mining code enacted in 2002…

A new duty of care for financial services firms?

The Financial Conduct Authority (FCA) is considering a new consumer protection duty of care for financial services firms.  Walker Morris Banking and Finance Litigation partners Louise Power and Rob Aberdein explain.

GDPR compliance in the Benelux: let the controls begin

The Dutch Data protection authority (Autoriteit persoonsgegevens –“AP”) recently informed the public that they were assessing the GDPR compliance level of large companies in the Netherlands. In doing so, the authority took advantage of its new powers under article 30.4 of the EU General Data Protection Regulation…

EC puts business on Brexit amber alert

By Bernadine Adkins Yesterday, the European Commission released a Communication entitled ‘Preparing for the withdrawal of the United Kingdom from the European Union on 30 March 2019′[1]. It outlines the steps that business should take to prepare for the UK leaving the EU. The Communication’s message is clear: “On 30 March 2019, the United Kingdom […]

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Ashurst moves staff into energy and transport team

Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down. In contrast to the core corporate team, the ETI team has been very busy in recent months, requiring significant capacity. One Ashurst corporate partner told The Lawyer: […]

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Tulkinghorn: A bum note, no Cannes do and too latte for regrets

Tulkinghorn’s lip curtains are twitching. It must be the end of Movember, the month in which his scribes grew moustaches to raise money for prostate cancer. It’s been a long, arduous slog but the results speak for themselves. ­Tulkinghorn doffs his cap in the direction of those who supported his moustache-growing freaks. Bum note Well, […]

DLA Piper partner quits equity

DLA Piper partner quits equity” />DLA Piper private equity partner Andrew Holt is leaving the firm’s equity to become a consultant in its Manchester office. Holt, a former head of private equity at DLA Piper, said he wanted to spend more time with his family, who live in the city, and also pursue a business […]

Fourth partner quits Cadwalader since summer cuts

Cadwalader Wickersham & Taft has suffered its fourth partner defection since it was forced to lay off 96 lawyers during the summer. New York partner Frank Serbaroli has joined Greenberg Traurig’s business practice group and will expand the firm’s healthcare practice in the city. Greenberg head of healthcare Harold Iselin said: “Frank is a valuable […]

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SFO faces £10m legal bill on collapsed pharma investigation

The Serious Fraud Office (SFO) could face a £10m legal bill following the collapse of its £25m, six-year investigation into alleged price fixing by drug manufacturers. The SFO had accused pharmaceutical companies Goldshield, Kent Pharmaceuticals, Generics (UK) and Ranbaxy, of conspiring to defraud the NHS through an alleged pharmaceutical cartel. The SFO’s original indictment only […]

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