Finers loses its innocence

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Latest Briefings

UK real estate and competition law – An insight

By Samuel R Beighton On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA”) announced that Heathrow airport (“Heathrow”) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease. Importantly, this case marks the first occasion that the CMA […]

Pre-purchase inspection is not a warranty

By Sandra Lando, Julie Djiezion For several years, there have been calls by some associations, including the Québec Association of Building Inspectors, for oversight of the work done by pre-purchase inspectors. On June 12, 2018, they resulted in the introduction of the Act mainly to improve the quality of buildings, the regulation of divided co‑ownership and the […]

Introduction of remediation agreement in Canada

By Glen Jennings, Matthew Doak The time has now arrived. A mechanism is finally in place in Canada that will allow for a better process to resolve criminal offences for corporations. In response to a consultation that ended in November 2017, the federal government introduced legislation amending the Criminal Code to allow for remediation agreements (better known as […]

Brexit poses challenges for intellectual property law

By David Barron, Ailsa Carter ‘Brexit’ poses considerable challenges for intellectual property law and presents uncertainty as to the  involvement of the UK, following its exit from the EU, in existing and proposed international regimes involving EU law. In March 2018, the text of a draft “partial agreement” was published . It indicates that, assuming the UK […]

Executors may not realise they have an income tax liability

By Dominic Cole The Telegraph reports this morning that many executors are not aware that they are liable to pay taxes on income produced by estate assets during the administration period. Executors are personally liable to pay the tax and therefore, if they distribute the whole estate thinking there is nothing else to pay, they may […]

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Bakers scores $860M saudi flotation

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CC raids Sidley as US drive intensifies

Clifford Chance has underlined its commitment to the US by poaching a three-partner litigation team from US rival Sidley Austin. In addition the magic circle firm has hired Wendy Wysong, a senior lawyer with the US Government’s Bureau of Industry & Security (BIS), as a partner in the US litigation group. As reported in The […]

Claim it on the boogie

Finance partners are obviously under a lot of pressure these days to secure the key deals in this highly liquid and competitive market, but Tulkinghorn had no idea of the lengths it is now necessary to go to to secure the top mandates. The lid was lifted recently, however, by Cadwalader Wickersham & Taft capital […]

Freshfields’ M&S saga: O’Brien admits conflict and accepts fine

Barry O’Brien’s fate as the sole Freshfields Bruckhaus Deringer partner shouldering the blame for a 2004 conflict of interest was sealed as early as January. At O’Brien’s disciplinary hearing last week (2 August), his counsel Mark Howard QC of Brick Court Chambers told the Solicitors Disciplinary Tribunal (SDT) that O’Brien had not had a “Damascene […]

The Howard Kennedy remedy

It’s time for the inaugural The Lawyer 200 spin awards, and an early entry is London’s very own Howard Kennedy. The property behemoth saw its average profit per equity partner (PEP) soar by a third last year, from £473,000 to £630,000. It was clearly a corking year, but perhaps the strong PEP performance was helped […]

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