Latest Briefings

Custody time limits and why they matter

David Hardstaff and Bethan Cowlam consider the recent increase to custody time limits and the practical implications in the context of significant court backlogs. In a highly unusual move, HHJ Raynor, a Crown Court judge, has lodged a complaint against the resident judge of Woolwich Crown Court, suggesting political interference in the handling of cases involving extended custody time […]

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The rising profile of the paralegal

Largely unnoticed, the paralegal profession has grown to 500,000 practitioners: 50,000 in the legal profession, the remainder spread throughout every other sector of the economy. Paralegals do work that a decade ago solicitors would have done. This change reflects: increased wealth in society; the explosive growth of regulation; the wholesale emigration of solicitors from areas […]

Leboeuf handed advisory role on Telefónica debt refinancing

LeBoeuf Lamb Greene & MacRae has sweetened its relationship with Spanish telecoms giant Telefónica, picking up the mandate to advise on its $5.25bn (£2.85bn) acquisition debt refinancing. The acquisition refinancing through four separate debt securities follows Telefónica’s purchase of UK mobile operator O2 for £17.7bn in March. Simmons & Simmons advised Telefónica on the acquisition, […]

E-business Man

Attractive infrastructure and good access to the AIM and LSE markets should allow the Isle of Man to bolster its reputation as a hub for IT firms, says Andrew Corlett Following on from the Isle of Man’s attempts to position itself as a top-tier offshore e-business centre and attract leading e-businesses, such as Neteller, PokerStars […]

Risk aversion

A spike in insurance premiums has led investors in Bermuda to favour a more flexible vehicle called a ‘sidecar’, which simplifies the relationship between reinsurer and investor. Charles Collis reports With the 2006 hurricane season already under way, many US property insurers are facing a severe shortage of reinsurance capacity and are seeing a consequent […]

Withers partner joins Barclays

Withers has lost private client partner Jeremy Arnold to Barclays. Withers has lost private client partner Jeremy Arnold to Barclays. Arnold is joining the bank in September to head its newly created wealth-management division. He will also join Barclays’ management committee. Arnold is a trust and estate specialist, familiar with advising high-net-worth individuals and families […]

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