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Latest Briefings

Private damages claim, public procurement context: Essential limitation advice

By Gwendoline Davies, Lynsey Oakdene Why is this case of interest? In the recent case of Secretary of State for Transport v Arriva Rail East Midlands, the Court of Appeal has highlighted the fact that public procurement processes can give rise to both public and private law claims. Understanding the distinction between public and private […]

Stamp duty and cash pooling

By Samuel Fernandes de Almeida On this matter, it seems peaceful that we will be facing credit granting operations, this time in the form of a current account in which the term is not determinable. The tax treatment under the Stamp Tax (IS) of so-called centralized treasury management operations – cash pooling – has been […]

Foreign Exchange Policy: Angola

By Filipa Fonseca Santos, Joana Pacheco The Angolan Central Bank (Banco Nacional de Angola – “BNA”) recently approved Notice no. 01/2020, with a view to simplifying the administrative procedures for licensing the import of goods, and Notice no. 02/2020 with a view to making exempt from authorisation certain current invisible transactions, ordered by legal persons. […]

Social Housing monthly law update – January 2020

By David Isaacson TLT’s monthly law update on all things affecting social housing To help you keep up with the law and comply with registered provider standards, this monthly law update covers the current legal issues affecting the social housing sector. It includes the main legislative and case law developments and statutory guidance issued for […]

SMEs and commercial lenders: Would further regulation help or hinder?

By Peter Richards-Gaskin When individual consumers need to take action against financial services firms, they’re able to do so via the Financial Ombudsman Service (the FOS). It’s also comforting for them to know that the mortgage on their home is regulated by the Financial Conduct Authority (the FCA). But what about when SMEs are faced […]

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Clifford Chance taps Thacher Proffitt for US banking hire

Clifford Chance has hired a securitisation partner from Thacher Proffitt & Wood to beef up its US financial products practice. Robert Villani will join the firm’s New York office as partner in the financial products department advising banking and issuer clients on securitisation deals. Clifford Chance managing partner of the Americas Craig Medwick said: “We […]

Weightmans wins housing association advisory role

Weightmans has been appointed as adviser to Liverpool Mutual Homes (LMH) – the largest housing association in the North-West city. The firm was one of eight Liverpool-based advisers invited to tender at the end of March. Weightmans has assembled a team of 19 lawyers across six departments to advise on housing management issues, with input […]

SJ Berwin PEP growth stalled

SJ Berwin has released it year-end financial results, revealing turnover up by 14 per cent from £189m to £215m. However average profit per equity partner (PEP) has nudged up by just 2.4 per cent, to £801,000 from £782,000 last year. Managing partner Ralph Cohen said: “We have had another very strong year, with great results […]

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Law firm salary reviews: a bit of an anticlimax

This year’s first round of associate salary reviews has been an all-round disappointment. Although there were several pay-freezes and a couple of modest increases, unlike during the previous downturn there have been no cuts, as this year firms have been buffered by strong financials carrying through from the first half-year. Herbert Smith led the pessimism […]

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