DLA Piper lambasted by staff over payoffs

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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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Baker Botts latest US firm to lay off lawyers and staff

Texas firm Baker Botts announced today that it is laying off lawyers and staff due to the reduced demand for its services. In a statement, managing partner Walt Smith said that despite “a strong balance sheet” and “a conservative approach” to its financial affairs, Baker Botts was not immune from the effects of the recession. […]

Snow praises CC despite being left out in the cold

The former Brobeck Phleger & Harrison chairman who masterminded Clifford Chance’s ill-fated US West Coast venture has praised the magic circle firm as he returns to private practice. Tower Snow, who has joined San Francisco firm Howard Rice Nemerovski Canady Falk & Rabkin as a securities litigation partner after spending three years as an independent […]

Banking & Finance Special Report: Crash and learn

As financial institutions look back at their restructuring practices, it has become clear that lessons need to be learnt from past mistakes. The explosion of restructuring work since the start of the year means an increasingly large number of hedge funds, banks, agents and advisers are poring over 2005-07 leveraged loan deals. Now is the […]

Eisenberg elected for fourth term as BLP chief

Neville Eisenberg has been elected unopposed for his fourth term as managing partner of Berwin Leighton Paisner (BLP). He was appointed following a partner vote on Thursday last week (5 March) and will serve for another three years. Following the announcement Eisenberg, who has been managing partner since 1999, said the firm had “excellent prospects” […]

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Halliwells launches fourth round of redundancy talks

Halliwells has entered into its fourth redundancy consultation with 30 jobs at stake in the latest round of cuts. It is understood that up to 20 lawyers in practices related to real estate are affected alongside around 10 support staff. A firm spokesman said: “Law firms throughout the UK are substantially reducing their staffing levels. […]

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