The light stuff

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Latest Briefings

What is a ‘reasonable endeavours’ obligation, and is it a sensible solution?

Gwendoline Davies, Head of Commercial Dispute Resolution at Walker Morris explains what a party needs to do to comply with a ‘reasonable endeavours’ obligation, and considers whether endeavours clauses are always a sensible solution. What are endeavours obligations? Many commercial contracts contain obligations on a party to use its best or reasonable endeavours to do something or […]

Fair treatment of existing customers | FCA priorities series part 11

By Michael Ruck The penultimate part in our FCA Priorities series focuses on the cross-sector priority of fair treatment of existing customers. Over the last few years the FCA have increasingly focused on this issue, unhappy that firms were attracting new customers with preferential rates/incentives whilst not offering those rates and incentives to their existing […]

The need for alternative rental structures in retail

By Dan Sweeney Tough trading conditions on the high street have led several major retailers to seek rent cuts or turnover-based rents from their landlords. Monsoon Accessorize, H&M and Primark are amongst those hitting the headlines for entering into these discussions. There is an acknowledgment across a significant part of the market – including occupiers […]

The IPO opportunity for Northern Ireland

By Andrew Jennings Northern Ireland’s (NI) tally of publicly traded firms on stock markets has doubled in the last two years to reach four. In March this year, Belfast-founded data and analytics firm Diaceutics floated on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). This followed Fusion Antibodies, a contract research organisation, […]

Equitable Life Proposal – decision time for trustees

What is the Equitable Life Proposal? The Proposal covers trustees who hold Equitable Life with-profits policies with a guaranteed investment return, as a scheme asset. The Proposal is: to remove the guaranteed investment return (typically 3.5%) on Equitable Life with-profits policies; to uplift the value of the with-profits policy by a minimum primary uplift of […]

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Rolls Building

While it may not officially open until December the Rolls Building will see action in October when one of the biggest cases of the year comes to town – Berezovsky v Abramovich. The build-up to the 12-week trial  has not been without its own controversies. The elevation of Brick Court’s Jonathan Sumption QC to the […]

Televising the revolution

Louise Restell argues the case for letting cameras into court Thinking about it now, it seems extraordinary that I rushed home on 3 October 1995 to see the live verdict of the OJ Simpson trial on TV. Along with over half of the US population and quite a large percentage of the UK one, I […]

Hannes Snellman raids Cederquist for real estate team

Nordic firm Hannes Snellman has recruited a former Cederquist real estate transactions team for its Stockholm office. Safa Mahmoudi will head the real estate practice and will work alongside Nimrod Badur and Caroline Englund. All three have additional expertise in commercial tenancy law and property management agreements. The practice will be an integrated part of […]

EU-Korea FTA drives Korean firm to Germany

Against the backdrop of the EU-Korea Free Trade Agreement, South Korean firm Shin & Kim has announced a plan to open an office in Munich in October. The Seoul-headquartered firm is on course to become the first Korean law firm to enter Germany with the branch office. The new office, Shin & Kim’s first in […]

Weil Gotshal swoops for second Jones Day restructuring hire

Weil, Gotshal &  Manges has added Jones Day restructuring partner Paul Bromfield to its London office. Bromfield, who will join the firm’s workouts practice, has been involved in a wide range of matters from acting as debtor’s counsel to advising on a variety of insolvency issues and complex cross-border restructurings. These include acting for the administrators […]

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