Fladgates inches ahead with sturdy PEP figures

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Latest Briefings

All aboard the bond wagon: SEBI board meeting decisions

The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]

Brexit: What happens next?

By Trudy Feaster-Gee, Sue Harris Now that the House of Commons has overwhelmingly rejected the government’s Brexit deal, we take a look at what happens next and what it means for businesses. On Tuesday 15 January 2019, the House of Commons voted overwhelmingly to reject the Brexit deal negotiated between the government and the European Union. A […]

Implying ‘Braganza’ duties into mortgage contracts

By Christina Gill A recent High Court case has shed some light on the extent to which the courts may imply additional duties into mortgage agreements requiring lenders to make decisions by way of processes that would be “lawful and rational in the public law sense”. Banking Litigation specialist Christina Gill explains UBS AG v Rose Capital […]

The International Comparative Legal Guide to: Private Client 2019

By Philippe Pulfer, Olivier Sigg Welcome to the 2019 edition of The International Comparative Legal Guide to Private Client which I am delighted to introduce this year. The Guide covers a comprehensive and diverse range of articles that would pique the interest of any domestic or international practice client adviser. The publication is designed to provide readers […]

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Opinion

The decisions of the Court of Appeal in Three Rivers District Council & Others v The Governor & Company of the Bank of England (2003) have caused widespread concern in the legal profession. These decisions effectively changed the scope of the advice privilege limb of legal professional privilege (LPP). On 26 July, the Bank of […]

Herbert Smith dumps client on price-fixing case

Herbert Smith has pulled out of acting on one of the world’s largest price-fixing cases against a host of pharmaceutical companies because of uncertainty over fees. The firm’s client, Regent-GM Laboratories, is insolvent and this is understood to have led to concerns at Herbert Smith over whether it would be paid in full for its […]

Terror suspects detention at Guantanamo Bay condemned by legal leaders

The heads of 28 international bar associations and law societies have joined together to condemn the continued detention of suspected terrorists at Guantanamo Bay in Cuba. In an open letter, signed at the annual general meeting of the American Bar Association this week, the leaders call upon the US to abandon the “review panels” currently […]

Herbert Smith secures ABF portfolio for best friend Cravath

Cravath Swaine & Moore has won Associated British Foods (ABF) as a new client, thanks to Herbert Smith. The New York firm is working alongside ABF’s longstanding legal adviser Herbert Smith, with which Cravath has a referral relationship, on the company’s £722m acquisition of the yeast, spices and herbs business from the Australian food group […]

Burness posts 17 per cent turnover hike

Scotland’s Burness has announced a 17 per cent rise in turnover, taking gross revenues to £14.9m compared with £12.7m the previous year. Turnover is now almost 50 per cent higher than in 1999-2000. Property and employment netted many new mandates as well as more work from existing clients. Burness also increased its employees last year, […]

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