Mishcons secures prison sentence in Microsoft case

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Guernsey focusing on family offices

Guernsey’s recently published Financial Services Policy Framework sets out an approach to capitalise upon a range of global specialisms to ensure that Guernsey remains a strong, and stable financial centre servicing sophisticated clients from around the world. Financial services and the associated professional services that support them account for more than half of the jurisdiction’s […]

Real estate business fined under consumer protection legislation

By Louise Power What do real estate businesses need to know? We have reported recently on the Competition and Markets Authority’s investigation into potential breaches of consumer protection law within the leasehold housing market.  We have also published various earlier briefings [1] in which we have: flagged to housebuilders/developers and other businesses operating within the real estate industry, the […]

MHCLG call for evidence on tenancy deposit reform

By Karl Anders, Deborah Brown Walker Morris’ Housing Management & Litigation specialists Karl Anders and Deborah Brown explain the UK Government’s call for evidence on potential tenancy deposit reform in the private rented sector. The Ministry of Housing, Communities and Local Government (MHCLG) has launched a call for evidence which seeks to inform the UK […]

Duty of care to protect customers? Legal and practical considerations for lenders

Social and commercial context Reports of violence on the high street are on the rise. Unfortunately, even the briefest of internet research reveals a worrying number of incidences of violence in the UK.  Within just the last year there have been: a stabbing in a supermarket; armed robberies at Barclays on Vauxhall Bridge Road, at […]

Getting the Deal Through: Public Procurement 2019

Ana Marta Castro and Raul Mota Cerveira, partners, contribute for the international publication Getting the Deal Through: Public Procurement, a comparative guide that analyses Public Procurement legislation on 34 jurisdictions from all over the world. The lawyers are responsible for the Angola, Cape Verde, Mozambique and Sao Tome and Principe chapters, where they explain relevant […]

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Milbank suffers 16 per cent profit drop

Milbank Tweed Hadley & McCloy has posted a double digit drop in average profit per equity partner (PEP) along with a 3 per cent fall in total revenue for the 2008 financial year. The New York-headquartered firm’s PEP fell from $2.53m in 2007 to $2.1m, at 16 per cent one of the most significant reductions […]

Redemptions on song?

Recent Cayman, Bermudian and BVI court decisions have given practitioners a heads-up on fund redemption legislation. With the hedge fund industry severely impacted by recent events, many offshore funds have been left facing serious liquidity issues and substantial redemption requests they cannot meet. In order to trade out of difficulty or preserve assets for the […]

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Clear thinking

Offshore jurisdictions have a tendency to be viewed with suspicion, accused of harbouring illegal funds. But it is a suspicion born of ignorance in how they operate, argues Charles Jennings The Cayman Islands’ financial industry relies on institutional work. A glance at the number of Cayman mutual funds (1,933 newly registered in 2007 and 1,650 in […]

Links combines key partner meetings

Linklaters has scrapped one of its two annual partnership ­meetings by merging its partnership retreat and strategy meetings into a single conference. Linklaters ;has scrapped one of its two annual ;partnership ­meetings by merging its partnership retreat and strategy meetings into a single conference. The move comes as the firm looks to scale down the size of […]

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