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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Judge's attack on Leigh Day sparks angry outburst from firm

SOLICITOR Martin Day has hit back at a High Court judge’s stinging ruling during high-profile tobacco litigation by accusing him of “living in an ivory tower”. Mr Justice Wright ruled that most of Leigh Day s clients who took action against tobacco giants Gallaher and Imperial fell outside the statute of limitations. He went on […]

Jailed solicitor disqualified

A solicitor has been struck off after duping clients into believing she had won their cases. Erica Wilding lost cases and then forged court orders, plucking massive sums from one unwitting client to pay another. In total, she transferred £347,000 to cover the lies she had told clients. One unsuccessful litigant was told he had […]

Deutsche Bank lawyer quits top job

PETER BROOKS, whose ruthless reputation earned him the sobriquet Prince of Darkness, has left his £1m job as general counsel at Deutsche Bank. Brooks, who was previously head of corporate finance at Clifford Chance, had been considering leaving the bank for some time. It is understood his role as general counsel changed considerably following the […]

In brief: Geoffrey Topham

Geoffrey Topham and Nigel Inglis-Jones QC performed £250,000-worth of work for free when they acted for National Grid pensioners. The figure is likely to grow due to a further hearing in the Court of Appeal. National Power and National Grid are expected to be granted leave to appeal to the House of Lords.

Property

Berwin Leighton property partner Peter Rudolf acted for Legal & General in the sale of the freehold interest at 59-67 Gresham Street to CGI, on account of the German open-ended fund, HausInvest, for £203m. Rudolf was assisted by head of tax, John Overs and construction partner, John Hughes D’Aeth. CGI was advised by a team […]

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