Deutsche Bank refused Supreme Court permission to appeal in Libor battle

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Latest Briefings

New online court may improve chances of tenancy arrears recovery

By Karl Anders and Lucie Bryan On 6 April 2018 HMCTS publicly announced the launch of a new online service to allow members of the public and businesses to issue money claims, resolve disputes and access mediation via a new online claims service. Known as Civil Money Claims, and available for money claims with a […]

Dress codes in the workplace: new government guidance

By Stuart McBride New guidance entitled “Dress codes and sex discrimination – what you need to know” was published by the Government Equalities Office last week.  It follows the 2016 online petition started by a woman who was sent home from work when she refused to wear high heels. The petition led to a Parliamentary Enquiry […]

Timor-Leste oil and gas: New maritime treaty with Australia

On 6 March 2017, in New York, delegations of both countries signed, before the United Nations’ Secretary-General and Portugal’s former Prime-Minister, António Guterres, the “Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing Their Maritime Boundaries in the Timor Sea”. The new maritime boundaries between the two countries represent, after almost 50 years, Australian’s […]

Portugal: New regime for conversion of unsubordinated credits into capital

Law No. 7/2018 was published on 2 March and created a legal regime for the conversion of unsubordinated credits into capital in commercial companies, or companies adopting a commercial form, incorporated under the Laws of Portugal. The new law entered into force on the day after its publication and clearly aims to provide an extrajudicial […]

Portugal: Exploitation of lithium

Lithium minerals have seen a rise in demand and price since 2011, which became even greater in 2016, and the expectation is that this rise will continue along with the growing demand for electric vehicles. Lithium supply security has become a top priority for technology companies in the United States and Asia and, worldwide, lithium […]

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New breed

A number of law firm leaders have been newly elected recently: Freshfields, Clifford Chance, Travers Smith and Herbies  to name just a few. How big is the scale of their task? Patient to succeed Lilley as Travers’ managing partner in January 2015 David Aitman: Freshfields’ fresh face Incoming CC managing partner vows to slim management […]

London
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Kirkland & Ellis raids Weil for banking star Stephen Lucas

Weil Gotshal & Manges banking chief Stephen Lucas is leaving the firm after three years for Kirkland & Ellis. Lucas joined Weil in 2011 from Linklaters, having also spent a number of years at Clifford Chance. He has strong links with Goldman Sachs and Citigroup, and as a junior lawyer spent time on secondment at […]

Goodman Derrick advises Restaurant Group on the disposal of Living Ventures interest

Goodman Derrick’s corporate department has advised the Restaurant Group on the recently announced disposal of its interest in the Living Ventures Group, following the sale of the Gusto business to a new company backed by Palatine Private Equity and the LVG management. The Restaurant Group operates more than 400 restaurants and pub restaurants. Principal brands […]

Sydney

Herbies u-turns on Australia pay freeze ahead of remenuration overhaul

Herbert Smith Freehills (HSF) is to lift its pay freezes in Australia after cancelling an annual salary review in 2013. Permanent staff in Australia will be told about their salary increases in July, with employees expected to be reviewed based on performance.  The initial pay freeze was isolated to staff in Australia, with the firm […]

Shoosmiths celebrates its first year at Two Colmore Square

In May 2013, Shoosmiths took over the city’s largest single floor plate of 40,000ft² at Two Colmore Square. The law firm is celebrating its first year at the address. The firm moved to accommodate growing numbers and to underline its commitment to servicing local and national clients. Around 180 legal advisers and support staff relocated […]

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