Latest Briefings

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

Coronavirus Digest no. 2: Patents and other intellectual property rights

Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.

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Abbey National and Bank of Scotland

Herbert Smith’s relationship with long-term client Bank of Scotland has brought it once again into the M&A fray. Herbert Smith corporate partner Michael Walter has been in charge of the relationship ever since moving from Stephenson Harwood several years ago. Herbert Smith acted for Bank of Scotland on its ultimately unsuccessful bid against Royal Bank […]

Baker & McKenzie poaches managing partner from Dunhills

David Nathan has been confirmed as the national managing partner, ending a four-month hunt for a new leader after Paul Malliate resigned in July. Nathan’s departure from Dunhill came as he fought to rebuild the embattled firm after 27 Sydney partner and 125 lawyers defected to the legal branch of Big Five accounting firm, PricewaterhouseCoopers. […]

Glas Cymru

Glas Cymru launches a second bid for Welsh Water with a £1.8bn offer financed wholly by debt, with debt funding provided by Citibank and Royal Bank of Scotland.Linklaters & Alliance is advising Glas Cymru. Clifford Chance is representing Citibank and Royal Bank of Scotland.

Gouldens matches US trainee salaries

Gouldens has propelled itself into the realms of the US firms by increasing its trainees’ entry-level salaries to £30,000. The boost means 36-partner Gouldens pays significantly above global giant Clifford Chance for both trainees and newly qualifieds. Gouldens has always had a reputation for paying trainees and assistants more than many of its rivals. It […]

CRP and Barclays Bank

The traditional North West triumvirate – Eversheds, DLA and Addleshaws – all secured places on the CRP deal. Eversheds and DLA reversed their roles following HSBC’s initial investment in CRP in September 1998, when Barclays Bank also injected an amount of debt into the company. Last time, it was Eversheds’ turn to advise HSBC after […]

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