Ireland Special Report: Shore bank redemption

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Latest Briefings

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 […]

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 […]

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Mcgrigors, Kirkland bag fund sale roles

McGrigors and Kirkland & Ellis have scored the lead roles on the wind-down of a £434m fund containing the Bank of ­Scotland’s investments in UK PFI/PPP infrastructure assets. Almost half of the fund was sold to a group of four UK pension fund investors. The McGrigors team advising the Bank of Scotland was led by […]

Salans passes E200m milestone

Salans has defied the ­economic downturn to post a 16 per cent jump in turnover for 2008, passing the E200m (£179.37m) barrier for the first time. Salans has boosted its revenue to E214.4m (£192.3m) – up from the E184.7m (£165.65m) haul the firm managed the previous year. Despite the turnover rise, the firm expects average […]

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Pitch perfect

Taking part in a successful client meeting has never been so important and learning simple lessons on self presentation can help win business, says Jack Downton. The coming 12 months are set to make for a difficult year for the British legal industry. The intensifying downturn will inevitably lead to an increase in competition for […]

A&O, Slaughters advise on Britannia ‘super-mutual’ merger

Allen & Overy and Slaughter and May have won lead legal roles in Britannia Building Society’s merger with Co-op Financial services, creating a £70bn so-called super-mutual group. Britannia instructed regular adviser Allen & Overy, with corporate partner Richard Slynn advising on the merger. Co-op shunned its panel firms and turned to Slaughter and May corporate […]

Macfarlanes feels the heat

Macfarlanes feels the heat” />When Macfarlanes revealed it would be laying off up to 14 staff this week, perhaps the only surprise was that the announcement hadn’t come sooner (see story). The firm had always seemed a likely candidate for cuts. Not only has its corporate practice been hard hit by the credit crunch, but […]

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