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Latest Briefings

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Pimlico Plumbers – contract matters and the ‘gig’ economy

By Alex Mellis The ‘gig’ economy cases, scattered throughout the different tiers of varying jurisdictions of courts and tribunals, excite much interest when the latest decision is published and flashed across the media. The recent decision of the Supreme Court in Pimlico Plumbers & Anor v Smith, handed down on 13 June 2018, will be no […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

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Paul Hastings bags finance team from Orrick

Paul Hastings Janofsky & Walker has continued expanding its finance and restructuring practive, following a two-partner raid on Orrick Herrington & Sutcliffe. Partners Thomas Kent and Anthony Princi have joined the firm’s offices in New York and London. Princi, who was previously the co-head of Orrick’s global bankruptcy and debt restructuring group specialises in creditor-side […]

DLA Piper advises on £715m Crest Nicholson bid

DLA Piper client Castle Bidco has agreed a £715m offer for property developer Crest Nicholson after the Takeover Panel extended its offer deadline to today. Crest Nicholson, advised by longstanding counsel Linklaters, has confirmed that it will accept an offer at 629.7 pence per share, unanimously accepted by Crest Nicholson’s board. It had previously rejected […]

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Wilkinson quits Cadwalader for Goldman Sachs

Cadwalader Wickersham & Taft restructuring star Andrew Wilkinson is leaving the US firm’s London office for longtime client Goldman Sachs. Wilkinson, who is also London managing partner, is to join the bank this summer as co-head of restructuring alongside Lachlan Edwards. Wilkinson’s exit coincides with the projected departure of restructuring partner James Douglas later this […]

Merged duo target City white-collar crime cases

South East firms Robert Blackford & Co and Francis Lovett are merging with the aim of becoming the number one referral white-collar crime firm for the City. Croydon-based Robert Blackford specialises in criminal defence and family law. Crime firm Francis Lovett is based in Woking, Surrey, and specialises in fraud and e-crime. Francis Lovett managing […]

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

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