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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 […]

Recommended

Ashursts US merger thwarted

The office is resisting moves to join with Ashursts, arguing the shift would remove any independence it has from its US parent. Last week The Lawyer exclusively revealed that the two firms were engaged in talks. But one source says: “Lathams in London is against it because it would damage its autonomy. Instead of running […]

Quote of the week

“It’s not the kind of term that you normally put into a corporate process.” – Paisner & Co partner Jonathan Cameron on Hammer Films owner Roy Skeggs’ demand that he should continue to own the rights to Frankenstein’s boots. Paisners acted for the consortium that bought the famous horror film company.

Dot coms net lawyers in search of a challenge

First they got firms to work with them without paying cash. Instead they offered the promise of profits tomorrow, tempting the firms with share options. Now its seems the so-called dot coms are taking the law firms’ rising IT stars, not only to take them through to their IPO, but beyond. In short, they are […]

Trowers hires A&O competition expert

City firm Trowers & Hamlins has poached a competition specialist from Allen & Overy to boost its corporate practice. Nicola Northway joins Trowers & Hamlins as a partner – the first specialist competition and regulatory expert in the nine-partner corporate practice. She has specialised in competition law for more than 11 years and has been […]

Clifford Chance expands Paris office

Marcus Billam and Frederic Peltier, who both have weighty contacts with leading French corporations and investment banks, join Clifford Chance’s 35-lawyer M&A practice in Paris as partners. The announcement of the new recruits comes in the same week that the Lawyer Online revealed that Stibbe Simont Monahan Duhot M&A partners, Tom de Waard and Hector […]

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