Freshfields and Herbert Smith win Hong Kong roles on ICBC flotation

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Latest Briefings

No novation is not ideal

In M Hart Construction Ltd & Anor v Ideal Response Group Ltd [2018] the court refused to enforce two adjudicators’ decisions on the basis that there was no contract between the parties. There had not been an effective novation from an original contracting party.  The adjudicators therefore did not have jurisdiction to determine the disputes. Another […]

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 […]

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DLA Piper kicks off DCM practice with A&O hire

DLA Piper Rudnick Gray Cary has taken the first step in building up a debt capital markets (DCM) practice with the appointment of an Allen & Overy (A&O) senior associate as a partner in its London banking group. Sharon Smith has focused on securitisation as well as vanilla debt transactions. Her appointment marks the firm’s […]

Steptoe hires four for Century City launch

US firm Steptoe & Johnson has launched a new office in Century City, California, with the hire of four partners from local firm Alschuler Grossman Stein & Kahan. Steptoe’s new partners are Mark Neubauer, Rebecca Edelson, Katessa Charles Davis and Meredith Moss. All four were partners in Alschuler’s business litigation department in Santa Monica. Neubauer […]

White & Case factions square off

The battle lines have been drawn within the London office of White & Case over the latest potential shake-up of the office’s management. The local partnership is understood to have divided into two camps – members of the newly combined banking and capital markets practice group, who are largely supportive of a radical shake-up, and […]

Batteries not included

The hunt is on for the City’s most ecologically sound firm and Mishcons has just driven straight to the front row of the grid. Investigative reporting reveals that three partners, including head of property Nick Doffman, all drive electric cars. That’s around a tenth of the partnership buzzing around in little leccie motors. Doffman reckons […]

E.ON and Arcelor propel Skadden to top of mergermarket table

Skadden Arps Slate Meagher & Flom has topped mergermarket’s European M&A league for a second quarter in a row, after advising on 36 deals, worth a total of €189.6bn. The US firm bagged roles on three of the four biggest deals of the year so far, including E.ON’s €47bn takeover of Endesa, Arcelor’s proposed €19bn […]

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