In brief: Davies Lavery

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Latest Briefings

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

New opportunity for permanent residency in Alberta

By Krista Schofer The Alberta Immigrant Nominee Program (AINP) recently announced highly anticipated changes to its permanent residency program. Effective June 14, 2018, the Alberta Opportunity Stream (AOS) is available as a potential path to permanent residency in the province. The AOS replaces the Employer-Driven Stream and Strategic Recruitment Stream under the AINP. The AOS […]

Global skills strategy update GTS occupations list

By Lesley A Love The Global Skills Strategy is a pilot project launched by IRCC in June 2017. The program is designed to give Canadian employers quicker access to highly qualified global talent. Changes were recently announced to one part of the GSS, as outlined below. Employers using the program should be aware of these changes…

All fair in love, war and commerce

By Jonathan Haydn-Williams The traditional position under the contract law of England and Wales (which I shall, with no disrespect to Wales, refer to as ‘English’ law) has been that, save for contracts giving rise to a fiduciary relationship (eg a contract between agent and principal), a duty of good faith in the performance of […]

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Govt in U-turn on rural bonus

The government steered away from plans to pay lawyers bonuses to practise in remote areas when it announced its Community Legal Service (CLS) consultation paper last week. Geoff Hoon told The Lawyer last year that the Government could pay lawyers incentives to work in regions where legal services were lacking, but his replacement Keith Vaz […]

Liverpool set merger spawns power player

The fifth biggest set of chambers in the country is to be created in Liverpool and will be based in premises currently housing a pub and a lap-dancing bar. The new set, 7 Harrington Street, is the product of the long-planned merger between two of Liverpool’s premier sets, Martin’s Building and The Corn Exchange. It […]

Report says judges old, white men

Judges are still overwhelmingly white, middle class, old men under Labour, despite its election promises to modernise the judiciary, research reveals. The survey of the country’s 692 judges shows that since Labour came into power, only seven of the 85 judges appointed by the Lord Chancellor – using the much criticised “secret soundings” system – […]

Weil Gotshal plans major presence across Europe

US firm Weil Gotshal & Manges is expanding into Europe. The firm is talking to possible merger partners and lateral hires in Germany and France, and is also considering opening in Italy and Spain. Managing partner Maurice Allen says the firm wants to do something “big and brave” in Europe. He says discussions should be […]

CC and Linklaters act in Whitbread purchase

Clifford Chance and Linklaters have come to the end of a midnight run to complete the purchase of Allied Domecq’s retail arm by Whitbread. The u2.3bn deal was finally completed on 25 May after teams at both firms worked throughout the night to reach an agreement. Pending a completion period ending 2 August, Whitbread, represented […]

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