Davis Polk, Shearman sort out Ford debt

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Manchester Met law lecturer in grade inflation row

A law lecturer at Manchester Metropolitan University has branded students there as “lazy”, claiming an exam board had to top up their grades. A law lecturer at Manchester Metropolitan University has branded students there as “lazy”, claiming an exam board had to top up their grades. Walter Cairns said 20 marks were added to the […]

9

Dewey slashes pay for 66 partners

Dewey & LeBoeuf has overhauled its compensation system, cutting pay for more than 60 partners across the firm. Up to 66 partners at the US firm have had their compensation reduced, in a number of cases by around 80 per cent. The cuts have left certain Dewey partners taking home around $10,000 in monthly draws, […]

Pension tension

Cherie Booth QC found herself back in the headlines this week, this time as the champion of two pension funds aiming to get the Royal Bank of Scotland (RBS) and Sir Fred Goodwin into a US courtroom. Cherie Booth QC found herself back in the headlines this week, this time as the champion of two […]

1

Camerons institutes de-equitisation plan

CMS Cameron McKenna is asking partners to ­volunteer for de-equitisation as part of the ongoing shake-up of its partnership. CMS Cameron McKenna is ;asking ;partners ;to ­volunteer for de-equitisation as part of the ongoing shake-up of its partnership. At a meeting earlier this month partners in recession-hit departments were asked if they were willing to leave the lockstep […]

Travers Smith guides Juridica on secondary £35m AIM deal

Travers Smith has advised litigation funding group Juridica on a £35m secondary fundraising on London’s junior market. Travers ;Smith ;has advised litigation funding group Juridica on a £35m secondary fundraising on London’s junior market. Juridica ;instructed ­Travers head of corporate finance Spencer Summerfield on the conditional ­placing of 30 million ­ordinary shares on AIM. The firm advised […]

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