German market undergoes mass defections

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Milberg outraged at kickback allegations

New York class action powerhouse Milberg Weiss Bershad & Schulman last week found itself indicted by the US attorney in Los Angeles for allegedly paying referral fees to win clients. But the firm hit back by launching the www.milberg weissjustice.com website, to defend itself against the charges, which it described as “absurd”. Name partners David […]

Freshfields sees Goldman et al through APB offer

Freshfields Bruckhaus Deringer has landed the lead advisory role for a Goldman Sachs-led consortium on its £2.4bn bid for Associated British Ports (ABP). The consortium, which includes Borealis Infrastructure Management, GIC Special Investments and Goldman Sachs, made an 810p per share offer for ABP last week. The ABP board has granted the consortium time to […]

Browne Jacobson breaks through £30m barrier

Meanwhile, Browne Jacobson’s turnover broke £30m for the first time this year. Meanwhile, Browne Jacobson‘s turnover broke £30m for the first time this year. The firm posted a turnover figure of £30.2m, up 11.5 per cent from last year’s £27.1m. The Birmingham office made a significant contribution to the total figure, with year-on-year growth of […]

A&O scoops Arcelor steel saga role

Allen & Overy (A&O) has scooped a mandate advising Russia’s Severstal on its proposed merger with Arcelor to create the world’s biggest steelmaker. Skadden Arps Slate Meagher & Flom has reprised its role as Arcelor’s main adviser after helping it defend a hostile bid from rival Mittal Steel. The transaction values Arcelor at EUR44 per […]

Olswang, SJ Berwin earn their spurs

Olswang and SJ Berwin advised on Tottenham Hotspur Football Club’s £34m shirt sponsorship and business partnering with Mansion, the international gaming and entertainment group. The deal, one of the world’s 10-largest club sponsorship agreements, will take effect from July and run for a minimum of four seasons. Mansion will also join the football club in […]

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