Manchester launches Admin Court

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By Emily Morton Can settlement agreements be regulated credit agreements, and are lenders at risk of falling foul of the provisions of the Consumer Credit Act 1974 (CCA)? In CFL Finance Ltd v Bass & Others [2019] EWHC 1839 (Ch) the Court looked into whether settlement agreements need to comply with the CCA, and whether their […]

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By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

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By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

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In this week’s issue…

Never has it been more important to take care of the pennies. Practice area: Private Client Never has it been more important to take care of the pennies. As the UK Government looks to top up the coffers and tighten the public purse strings, the überwealthy will be watching to see how new tax legislation […]

Sidley posts 7.4 per cent revenue increase for 2008

Sidley Austin has hiked revenues by 7.4 per cent for the last financial year. Sidley Austin has hiked revenues by 7.4 per cent for the past financial year. Sidley, the latest US firm to announce its 2008 results, posted an increase in revenue in 2008 from $1.38bn up to $1.48bn. Average profit details are not […]

Opinion: Forget growth for now, profit’s where it’s at

The new century has seen remarkable growth for law firms. Consider the AmLaw 200. From a combined headcount of 78,894 lawyers in 2000, they expanded to 106,742 in 2008. The first years of the new century have seen remarkable growth for law firms. Consider the AmLaw 200 (a readily available data universe, but presumably typical […]

Dewey to shut San Francisco base

Dewey & LeBoeuf is closing down its San Francisco office and combining its Bay Area legal and support staff. As first reported by legal blog Abovethelaw.com, the US firm will move the four partner, three counsel and ten associate team to the nearby Silicon Valley office. The firm will keep a San Francisco service office […]

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