Incoming Dewey chiefs agree profit caps as firm renegotiates guarantees

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Latest Briefings

All aboard the bond wagon: SEBI board meeting decisions

The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]

Brexit: What happens next?

By Trudy Feaster-Gee, Sue Harris Now that the House of Commons has overwhelmingly rejected the government’s Brexit deal, we take a look at what happens next and what it means for businesses. On Tuesday 15 January 2019, the House of Commons voted overwhelmingly to reject the Brexit deal negotiated between the government and the European Union. A […]

Implying ‘Braganza’ duties into mortgage contracts

By Christina Gill A recent High Court case has shed some light on the extent to which the courts may imply additional duties into mortgage agreements requiring lenders to make decisions by way of processes that would be “lawful and rational in the public law sense”. Banking Litigation specialist Christina Gill explains UBS AG v Rose Capital […]

The International Comparative Legal Guide to: Private Client 2019

By Philippe Pulfer, Olivier Sigg Welcome to the 2019 edition of The International Comparative Legal Guide to Private Client which I am delighted to introduce this year. The Guide covers a comprehensive and diverse range of articles that would pique the interest of any domestic or international practice client adviser. The publication is designed to provide readers […]

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Scottish Law Society up in arms as Nationwide slashes conveyancing panel

Nationwide Building Society plans to slash by 200 the number of solicitors on its Scottish conveyancing panel have been slammed by the Law Society of Scotland. The representative body has demanded talks with the building society after it announced it would be reducing the panel from 700 to 500 following a UK-wide review. Concerns have […]

Rohan Weerasinghe

Shearman chair Weerasinghe leaves firm for GC role at Citigroup

Shearman & Sterling senior partner Rohan Weerasinghe has quit to join Citigroup as general counsel. The New York-based corporate partner formally announced his resignation to the firm today but will stay on until June. The firm hopes to have appointed a replacement before the global partners’ meeting in the US in early May, with names […]

London’s Barnet and Harrow councils to save £4.4m via legal services merger

The London Boroughs of Barnet and Harrow have agreed to merge their legal services in a move that is expected to save them an estimated £4.4m over the next five years. Barnet’s legal team will be based in Harrow from July following approval from the authorities’ respective cabinets last night as part of a wider […]

Camerons promotes eight as part of 34-strong CMS promos round

CMS Cameron McKenna has announced its partner promotions with eight UK lawyers being made up in global round of 34 appointments across the CMS network. The UK firm is promoting real estate lawyers Danielle Drummond Brassington and Ashley Damiral, capital markets lawyer Michael Cavers, energy expert Olivia Quaid, pensions specialist Dominic Harris and disputes lawyer […]

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Dundas & Wilson concludes redundancy talks with up to 30 jobs axed

Almost 30 jobs are being cut at Scotland-headquartered firm Dundas & Wilson following a consultation process. In February the firm confirmed that due to the “nature and level of demand for its services” it would be considering redundancies (24 February 2012). While the firms mooted cutting staff and partner positions, chairman David Hardie confirmed the […]

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