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Latest Briefings

Guernsey’s new ILS hybrid – getting even closer to the risk

Carey Olsen partner Christopher Anderson recently introduced the concept of a hybrid vehicle for use in the insurance-linked securities (ILS) industry. Here, he explains how and why he came up with the idea of the world’s first ILS hybrid. As is often said, the best ideas are always the simplest. That is reassuringly accurate for […]

Fracking, protestors and injunctions against ‘persons unknown’: Court of Appeal offers guidance amid controversial context

By David Manda, Ruth Ormrod In the recent case of Boyd v Ineos Upstream, a hotly anticipated appeal involving fracking protestors, the Court of Appeal has provided guidance on the highly topical subject of bringing injunctions against ‘persons unknown’.  Walker Morris’ specialist Real Estate Litigators David Manda and Ruth Ormrod explain and offer some practical advice.

Employment legislation update – May 2019

By David Smedley, Andrew Rayment, Shakeel Dad The last few months have seen many announcements in relation to changes expected in the employment law arena. With new information being received almost weekly, our legislation update sets out the changes in chronological order and highlights the headline points together with the proposed or confirmed implementation dates.

Case Law Update – May 2019

Nosworthy v Instinctif Partners Ltd UKEAT/0100/18 – ‘Bad leaver’ provision requiring forfeiture of shares and loan notes was not unlawful In this case, the Employment Appeal Tribunal (EAT) held that a bad leaver provision forcing an employee to give up her shareholding if she resigned was not an ‘unconscionable bargain’. Nor was it void as […]

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Gouldens matches US trainee salaries

Gouldens has propelled itself into the realms of the US firms by increasing its trainees’ entry-level salaries to £30,000. The boost means 36-partner Gouldens pays significantly above global giant Clifford Chance for both trainees and newly qualifieds. Gouldens has always had a reputation for paying trainees and assistants more than many of its rivals. It […]

Australian lawyer beats off contempt ruling

Solicitor, Simon Harry Parsons, was charged with contempt after another solicitor reported him for accusing Justice Barry Beach of “having his hand on his dick”. The comments were made when Parsons was served with an injunction, preventing him bulldozing on the disputed boundary of his Gippsland property. Justice Philip Cummins, who presided in the contempt […]

Citigroup picks UK general counsel to replace Adams

Citigroup is relocating senior in-house lawyer Bradley Gans from New York as a successor to Laurie Adams as general counsel. Gans, who currently heads the US legal team supporting corporate and investment banking, will arrive in London at the beginning of December. Adams left the bank at the beginning of November after 11 years to […]

Prestige Acquisitions

Prestige Acquisitions makes £507m recommended bid for Powell Duffryn. Prestige advised by Allen & Overy, financial adviser Deutsche Bank represented by Norton Rose (Laurence Levy, Andrew Bamber). Financing was also provided by Nikko Principal Investments. Powell Duffryn represented by Slaughter and May.

Technology, Media and telecoms

ReNeuron in £66m Alternative Investment Market (AIM) flotation. ReNeuron advised by Macfarlanes (Tim Lewis). Nominated adviser and broker WestLB Panmure advised by Ashurst Morris Crisp (Michael Johns, Andrew Edge). Principal shareholder Merlin represented by Klegal (Patrick Martin).

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