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Latest Briefings

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 […]

Tech industry faces data security crisis as global protectionism grows

Data protectionism is on the rise across global technology networks and could be stunting tech growth and development, according to a report by Gowling WLG. According to the report, some of the world’s most successful technology economies, including Finland, Sweden, Korea, The Netherlands, UK and Canada, are susceptible to protectionist policies. All but the USA […]

Recommended

Financing

Ian Clark of White & Case advised petroleum products distributor Dor Energy on its £50m offering on the Tel Aviv and London Stock Exchanges. Ashurst Morris Crisp advised lead underwriter BT Alex Brown. Israeli firms Goldfarb

Cleared ex-B&C director slams Treasury Solicitors and DTI

The Treasury Solicitor’s department has come under fire for its handling of disqualification proceedings it brought against John Gunn, the former chairman of collapsed company British & Commonwealth (B&C). Gunn was last month cleared in court of any wrongdoing and is now seeking hundreds of thousands of pounds of costs from the Department of Trade […]

Flotation

John Ellard of Linklaters advised Coca-Cola Beverages (CCB) on its £1.7bn flotation on the London Stock Exchange. Richard Cranfield of Allen & Overy advised sponsor Warburg Dillon Read. Ashurst Morris Crisp advised the directors of CCB and Slaughter and May advised San Miguel.

Property

Simon Cookson of Ashurst Morris Crisp advised NatWest on the £226m sale of the International Financial Centre, formerly the NatWest tower, to a partnership of three firms: Greycoat, advised by David Paterson of Herbert Smith; Mercury Asset Management, advised by Nabarro Nathanson; and Hermes, advised by Maxwell Batley.

City assistants beat inflation

ASSISTANT solicitors in the City are enjoying average pay increases of four times the rate of inflation, according to a survey conducted by recruiters Michael Page Legal, in conjunction with The Lawyer. The survey, of the top 200 firms in the UK, shows that solicitors are taking advantage of a seller’s market to receive average […]

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