Flint Bishop strikes blow to Tesco’s nascent property site

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THE IN-HOUSE LEGAL BUSINESS PARTNER

More with less Today’s in-house legal departments operate in an increasingly complex environment. It’s a juggling act to balance a range of challenging legal issues as well as greater strategical involvement with other parts of the business, with limited costs. Lack of transparency Another challenge is the potential threats that may occur unexpectedly. Since legal […]

Taylor Rose case study: managing complex cases with Laserform

Taylor Rose needed a system which could easily be adapted to meet the needs of some of their more complex cases without incurring heavy costs, and so switched to Laserform from Advanced. Charlotte Corbyn, solicitor at Taylor Rose explained: “The forms we were using just wasn’t practical for a firm like ours. One of the major […]

Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of Guernsey and Jersey companies

By Oliver Quarmby, Alexandra O’Grady The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture […]

Right of first refusal clauses are now recognised by Bulgarian courts

By Diana Dimova, Nina Tsifudina The Bulgarian Supreme Court of Cassation (“Supreme Court”) has recently issued a decision (No.19, dated 8 August 2019, under commercial case No. 2511/2017) that recognises for the first time the concept of right of first refusal (“ROFR”) clauses. This decision opens the door for the enforcement of such clauses in Bulgaria. It […]

Serbia Signs the Singapore Convention

By Milan Lazic, Milica Savic On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the […]

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Bloxham claims damages of £4.5m

Freshfields Bruckhaus Deringer‘s former insolvency partner Peter Bloxham is understood to be seeking £4.5m in damages. Today saw the first cross-examination of Bloxham, who is bringing age discrimination claims against his former firm. It is understood that the damages have been calculated on the £40,000 annual difference between Bloxham’s current pension and what he would […]

Professional Negligence: World wary

The risk of prosecution from another jurisdiction has grown exponentially in today’s global marketplace, making caution, risk management and insurance key planks for any adviser, says Matt Andrews This article is focused on extraterritorial risk: risks to UK-based professionals as a result of events in foreign jurisdictions. It is not about extraterrestrial risks, as assumed […]

Standard Chartered unites legal teams

Standard Chartered Bank has overhauled its in-house legal function by combining the wholesale banking legal team with the central legal function. The legal group and wholesale banking legal team comprise 32 and 60 lawyers respectively. The combined team will be headed by group head of legal James Ellington, who took on the role in December […]

Simpson Thacher and Davis Polk steer KKR towards IPO

Simpson Thacher & Bartlett and Davis Polk & Wardwell have landed key roles advising on Kolberg Kravis Roberts’ (KKR) proposed stock market flotation. The private equity giant yesterday (3 July) filed a registration statement with the US Securities and Exchange Commission (SEC) outlining its intention to raise up to $1.25bn (£620m) through an IPO on […]

MBRM beefs up Cologne with CC hires

Mayer Brown Rowe & Maw (MBRM) is to boost its German insurance practice with the addition of Clifford Chance counsel Ulrike Monnich and associate Michael Marx. Monnich and Marx, who currently work in Clifford Chance’s Düsseldorf office, are set to join MBRM’s Cologne office on 1 August as counsel and associate respectively. At MBRM the […]

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