Axe swings at Simmons & Simmons in profits drive

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Latest Briefings

New online court may improve chances of tenancy arrears recovery

By Karl Anders and Lucie Bryan On 6 April 2018 HMCTS publicly announced the launch of a new online service to allow members of the public and businesses to issue money claims, resolve disputes and access mediation via a new online claims service. Known as Civil Money Claims, and available for money claims with a […]

Dress codes in the workplace: new government guidance

By Stuart McBride New guidance entitled “Dress codes and sex discrimination – what you need to know” was published by the Government Equalities Office last week.  It follows the 2016 online petition started by a woman who was sent home from work when she refused to wear high heels. The petition led to a Parliamentary Enquiry […]

Timor-Leste oil and gas: New maritime treaty with Australia

On 6 March 2017, in New York, delegations of both countries signed, before the United Nations’ Secretary-General and Portugal’s former Prime-Minister, António Guterres, the “Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing Their Maritime Boundaries in the Timor Sea”. The new maritime boundaries between the two countries represent, after almost 50 years, Australian’s […]

Portugal: New regime for conversion of unsubordinated credits into capital

Law No. 7/2018 was published on 2 March and created a legal regime for the conversion of unsubordinated credits into capital in commercial companies, or companies adopting a commercial form, incorporated under the Laws of Portugal. The new law entered into force on the day after its publication and clearly aims to provide an extrajudicial […]

Portugal: Exploitation of lithium

Lithium minerals have seen a rise in demand and price since 2011, which became even greater in 2016, and the expectation is that this rise will continue along with the growing demand for electric vehicles. Lithium supply security has become a top priority for technology companies in the United States and Asia and, worldwide, lithium […]

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Hearsay

Which US law firm sent a potential defence sector client a Christmas card with a picture of a hand grenade and a caption saying “litigation is war”?

Baltic firms align in time for EU accession

Finland’s largest law firm Roschier Holmberg has launched an alliance with firms from Estonia, Latvia and Lithuania as the Baltic rim edges closer to EU accession. The cross-border operation will be called RoschierRaidla and will draw on the services of Roschier, Estonia’s Raidla & Partners, Latvia’s Lejins Torgans & Vonsovics and Lithuania’s Norcous & Partners. […]

Aussie firm becomes first to list on stock exchange

A small New South Wales (NSW) firm, Noyce Legal, has become the first legal practice to list part of its business on a stock exchange. The Australian firm has spun off its mortgage lending business, National Lending Solutions (NLS), and listed it on the Australian Stock Exchange (ASX). NLS will operate as a wholly-owned subsidiary […]

In the open

Mediators beware: recent money laundering legislation has far-reaching consequences. Patrick Sherrington reports

HSBC takes BoA European legal head for Paris office

HSBC has scored Bank of America’s (BoA) head of Europe, Middle East and Africa legal to head up its Parisian function. Marc de Laperouse, who was with Bank of America for around 10 years where he was also assistant general counsel, has taken over as director des affaires juridique at HSBC Paris after the former […]

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