Manches secures £50m payout for Madonna’s ex

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Latest Briefings

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 […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Camerons puts a halt to non-UK partners

CMS Cameron McKenna has removed non-UK partners from the partnership as part of a radical change to the firm’s equity structure. The ;move ;has ;seen ­overseas partners become salaried ;‘international ­managers’ in a bid to shrink the firm’s tax bill. A firm spokesman said the people affected would remain as partners “in all but name”, […]

CC, O’Melveny advise on £1.8bn fund raising

Clifford Chance and O’Melveny & Myers have jointly advised emerging markets private equity house Actis on a rare fundraising in persistently challenging markets. Actis, which focuses exclusively on emerging market investments, has raised a total of $2.9bn (£1.88bn) for Actis Emerging Markets 3. At Clifford Chance, partners Jason Glover and Ed Gander and associate Peter […]

BLP signs alliance with leading Russian lawyers

Berwin Leighton Paisner (BLP) is set to create an alliance with part of Moscow-based Pepeliaev Goltsblat & Partners (PGP). PGP is set to split due to the firm’s name partners taking different views on the tie-up with BLP, according to Russian media. A BLP spokesman confirmed that the firm is in the advanced stages of […]

Orrick targets double Middle East launches

Orrick Herrington & ­Sutcliffe is eyeing a Middle East launch with plans for a dual assault on Abu Dhabi and Dubai. The US firm’s chairman Ralph Baxter, who visited both jurisdictions last month, said: “We’ve been studying the Middle East for some time now. Our strategy has always been to open offices in places our […]

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MoFo promotes 10 to partnership

Morrison & Foerster has added 10 to its partnership in its latest round of promotions. The US firm more than halved the number made up year-on-year, having promoted 27 in 2007. Of the promotions, the London office has received one this time round. The firm’s US offices received the highest number of new partners with […]

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