Latest Briefings

Trends in transatlantic acquisition finance

Contents A transatlantic future The US influence on the European market The rise of the non-bank lenders The patchwork of Europe The political impact Case Study: Financing Bain’s Acquisition of Kantar from WPP Team structure Conclusion: what next? Key takeaways The convergence of documentary terms, investors and commercial approaches across the European and US loan […]

MLD5 update and new EU AML action plan

The European Commission has issued a recent update on the Fifth Anti-Money Laundering Directive (MLD5). We examine what the MLD5 entails and outline the next steps to be taken.

High Court analyses compensation order regime under the CDDA accounting

The compensation order regime Compensation orders aim to make directors financially accountable for the consequences of their unfit conduct. They were introduced in October 2015 by the Small Business, Enterprise and Employment Act 2015 which amended the Company Directors Disqualification Act 1986 (CDDA). Under the new regime, the Insolvency Service can apply to court (on […]


Conference dates

The International Bar Association has four conferences planned. The first, in Washington on 20 May, looks at the challenges facing practitioners in international franchising, organised jointly with the International Franchise Association. The second, “Crime Across the World: Is the Rule of Law Being Corrupted?”, will take place between 22-25 May in Vienna. The third is […]

… while Notts Law School studies the ethical implications

NOTTINGHAM Law School is studying how the funding of civil litigation through insurance products and conditional fee arrangements is affecting legal ethics. The study, to be published next month, will ask if the current ethical code underpinning the legal system will protect clients whose cases are being funded by the growing number of insurance-based products. […]

Multi-purpose law firms

I was interested to read Clive Parritt’s article (The Lawyer, 24 March 1998). In some cases I agree with his views. “Horses for courses” is often the best basis for choosing a lawyer – or an accountant. This does, however, presuppose that the client has started by consulting a general practitioner who then selects an […]

O'Brien slates solicitors

SOLICITORS came in for a blistering attack from immigration minister Mike O’Brien, when he appeared before the Home Affairs Select Committee last week. Describing the asylum system as a “shambles”, O’Brien identified “unscrupulous” solicitors as a “key” problem and accused the profession of charging clients “as much as £500 for writing a letter to the […]

Ashursts axes £1m IT system

ASHURST Morris Crisp has wasted an estimated £1m by scrapping a practice management system which it purchased less than two years ago. The firm decided last month to abandon its project to install Keystone Systems’ practice management system – originally due to be up and running a year ago. Two weeks ago Ashursts signed a […]

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