Freshfields elects new finance joint chief

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Latest Briefings

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 […]

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 […]

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Gibson Dunn launches Singapore base

Los Angeles-based Gibson Dunn & Crutcher has moved to fill one of the gaps in its international network by opening an office in Singapore. The firm has officially launched its latest office today (Tuesday 20 May) with a three-partner team hired from Jones Day along with former Los Angeles-based partner Jai Pathak. Corporate partner Pathak […]

Marketing Booth

Call him old-fashioned, but Tulkinghorn would not give the title of ‘lawyer’ to everyone. He would restrict it to people who are lawyers. But the former ‘first lady of Downing Street’ and current lawyer Cherie Booth QC appears to diverge from Tulkinghorn’s opinion. In a recent speech to business development (BD) and marketing staff of […]

Eversheds on a par with national competitors

National firms Eversheds, Pinsent Masons and Wragge & Co have all posted revenue rises of between 10 and 11.5 per cent. Eversheds has increased its revenue by 10 per cent, from £356m to £390m. Profit per equity partner (PEP) is also up by 10 per cent, from £502,000 to £552,000. Net profit, which last year […]

CMS Cameron McKenna PEP up 30 per cent

CMS Cameron McKenna’s average profit per equity partner (PEP) has rocketed by 30 per cent, to £650,000 from £502,000 a year ago. In financial results announced today, the firm also revealed turnover of £235m, a rise of 19 per cent on last year’s £197.4m. Duncan Weston, who took over as Camerons managing partner this month, […]

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