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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 […]

Recommended

Treasury to probe private equity tax relief

Private equity lawyers will be following intently the Treasury’s review of tax relief that has enabled the prominence of private equity on the general M&A landscape. Under the spotlight will be the tax relief on shareholder loans in highly leveraged deals, economic secretary Ed Balls announced today. It follows Tuesday’s announcement that the Treasury Select […]

Linde turns to Linklaters, DLA Piper for new panel

Linklaters, DLA Piper for new panel” />Gas and engineering group Linde has shunned Freshfields Bruckhaus Deringer and Slaughter and May in favour of Linklaters as it invents its own DuPont-style Linde Legal Model. Linklaters has won the role of chief corporate adviser outside the US, while DLA Piper has been selected as the firm’s new […]

Correction

In the 26 February issue of The Lawyer it was stated incorrectly that Baker & McKenzie‘s total revenue for 2005 was £100.4m. The figure should have read £92.5m.

Bristows breakaway opens as Powell Gilbert

Five breakaway partners from IP firm Bristows have today launched their own boutique firm, called Powell Gilbert. The firm launches with contentious IP partners Tim Powell, Penny Gilbert, Simon Ayrton, Zoe Butler and Alex Wilson, as well as five ex-Bristows associates. The partners gave in their notice last year and worked six months notice before […]

City Law Soc kickstarts lobbying campaign

The City of London Law Society (CLLS) announced today (5 March) its plan to intensify its lobbying campaigns. The CLLS, which represents 12,000 solicitors whose combined billing power is in excess of £16bn, will be pushing hard to ensure there are appropriate facilities in London for commercial dispute resolution and adequate training for City lawyers. […]

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