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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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Matheson establishes electricity market

Irish corporate firm Matheson Ormsby Prentice has worked alongside the UK’s Wragge & Co to establish a single electricity market for Ireland. Matheson acted for the Commission for Energy Regulation and the Northern Ireland Authority for Utility Regulation in relation to the legislation, licensing and transition aspects of the single electricity market. The team was […]

TRIC shot

Last week (5 November), The Lawyer revealed news of Norton Rose‘s new international strategy to focus on Turkey, Russia, India and China. They are the TRIC countries, apparently, rather than the BRIC countries, which comprise the same ones, but with Brazil instead of Turkey. It’s been dubbed ‘New Horizons’, which is unfortunate. It merely adds […]

Keeping the US at bay

As the US flexes its muscles beyond its own borders and seeks to enforce its economic sanctions laws in Europe, British businesses face stark choices. Last month, the US Administration announced a new series of unilateral economic sanctions against Iran, significantly raising the stakes in what is one of the most pressing diplomatic wars on […]

BAE ‘resets’ legal dept in wake of SFO inquiry

Defence giant BAE Systems has revolutionised its legal team, creating 15 new roles, including the company’s first-ever global compliance chief and its first lawyer in Saudi Arabia. The company saw a Serious Fraud Office (SFO) investigation into its business dealings with Saudi Arabia dropped on Government orders earlier in the year, a decision that Lord […]

Morgan Lewis scoops Norton Rose partner

Morgan Lewis has snared a corporate finance equity partner from Norton Rose. Iain Wright, who was with Norton Rose for 16 years, joined the London office of Morgan Lewis last week as part of the firm’s focus on this practice group. Wright said: “At Norton Rose I was very much involved in the telecoms sector. […]

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