Hammonds’ stunning recovery puts shelved growth ambitions back on agenda

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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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Bird & Bird projects 20 per cent PEP rise at half-year

Bird & Bird’s continued European expansion has helped it to a 22 per cent increase in revenues at the half-year point. But the rapid international growth, which saw it reach 13 offices in 10 jurisdictions this year, has not hurt the bottom line. Chief executive David Kerr said profits lagged only slightly behind revenues in […]

City Report

Welcome to The Lawyer’s first-ever monthly legal intelligence feature, covering the most significant developments in the M&A/private equity market over the past four weeks. Lawyers and bankers alike were celebrating in October following a dramatic upturn in corporate activity with several big ticket M&A deals hitting the headlines on the last day of the month, […]

Naming and shaming

Spotted at Nabarros, the inappropriately-named property partner Tim Herbert-Smith.

Lost courses

Tom Rose and Fenella Gentleman had lunch on Tuesday 8 November. These titans of legal PR rule the roost at Herbert Smith and Lovells respectively. But the two firms have just – famously or infamously, depending on your point of view – been on the wrong side of the most devastating and embarrassing litigation defeats in recent memory […]

Wiggin reveals plans to cap growth at £16m

One of the UK’s top media and entertainment boutiques Wiggin has unveiled a bizarre strategy that will see it effectively cease growing in two years. In April, turnover stood at £8.2m. By the halfway point this year it was £10m. Chief operating officer John Bannister said that the firm’s business model demanded a partner-led service, […]

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