Latest Briefings

Trends in transatlantic acquisition finance

Contents A transatlantic future The US influence on the European market The rise of the non-bank lenders The patchwork of Europe The political impact Case Study: Financing Bain’s Acquisition of Kantar from WPP Team structure Conclusion: what next? Key takeaways The convergence of documentary terms, investors and commercial approaches across the European and US loan […]

MLD5 update and new EU AML action plan

The European Commission has issued a recent update on the Fifth Anti-Money Laundering Directive (MLD5). We examine what the MLD5 entails and outline the next steps to be taken.

High Court analyses compensation order regime under the CDDA accounting

The compensation order regime Compensation orders aim to make directors financially accountable for the consequences of their unfit conduct. They were introduced in October 2015 by the Small Business, Enterprise and Employment Act 2015 which amended the Company Directors Disqualification Act 1986 (CDDA). Under the new regime, the Insolvency Service can apply to court (on […]

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The Lawyer Inquiry: Kevin Feeney

Kevin Feeney is a trainee solicitor at Linklaters & Paines. Born in Newry, Co Down, Northern Ireland, in 1964, he now lives in London. What was your first job? A tea boy on a reservoir construction project in Ireland. What was your first ever salary as a lawyer? u17,500. What would you have done if […]

London salaries upturn

WEST End and City law firms have reported significant increases in their wage awards in a new legal salary survey. Forty per cent of London firms approached in the 1995 Michael Page Legal survey said they awarded staff wage rises of between six and ten per cent last year. In 1993 16 per cent handed […]

Corporate

Mirror Group’s TV arm Mirror Television, advised by Lewis Silkin, has entered a deal with cable consortium CPP-1 Partners, advised by Wiggin & Co, to form a new national channel Live TV.

Franchise bias sparks outrage

LEGAL aid lawyers are furious at Lord Mackay’s decision to introduce a two-tier criminal legal aid system while continuing to freeze civil legal aid. Law Society president Charles Elly joins the Legal Aid Practioners’ Group in denouncing the new rates for April which reward franchised over non-franchised firms. They condemn the decision to only increase […]

Rival recruiters in row over documents

THE LONDON office of legal recruitment agency Reuter Simkin has successfully fought a legal action for the return of documents against an ex-employee and the rival agency which poached her. Reuter Simkin may also pursue the defendants, Daniels Bates, for damages. Jane Bowtell, Reuter Simkin director of legal recruitment, says: “We have had affidavits back […]

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