Wall Street trio land TXU, world’s biggest private equity deal

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Download an Englishman, an Irishman and an American

Get your iPods and headphones at the ready: the February edition of The Lawyer Podcast is now live on the website. Following the success of January’s launch edition, which rocketed up the iTunes business podcast charts to reach 21st place, the latest instalment is sure to prove as popular. As a teaser, Tyco general counsel […]

Latest Reed Smith merger goes live

The merger between US firm Reed Smith and Chicago-based Sachnoff & Weaver is going live today. The two firms will start trading under the banner of Reed Smith Sachnoff & Weaver in Chicago for a limited period. The addition of Sachnoff’s 130 lawyers takes the total number of lawyers at Reed Smith to 1,500. Greg […]

Howrey says no thanks to Yanks

Howrey is a rare thing among US firms, especially those US firms that have major growth ambitions in the UK and elsewhere. Last year the firm that has just posted $457m (£248.37m) in global revenue also posted its sixth consecutive year of growth across its European operations. From its humble beginnings in 2001, when it […]

BEA Systems general counsel forced to stand down over stock option blunder

Nasdaq-listed technology company BEA Systems has demoted its general counsel following an investigation by Simpson Thacher & Bartlett into stock options backdating. Bob Donohue will stay on at the company, but in the lesser role of vice-president of the legal department. BEA has yet to find a successor, but the new general counsel will report […]

Freshfields, Slaughters sidelined as Links gets the nod from

German industrial group Linde unveiled what it believes is a new legal model today – ‘The Linde Model’. Imaginative. As in-house lawyers look at ever-more ways to save cash, a cull of law firms seems to be the vogue model. Just recently Tyco unveiled its ‘Smarter’ model, which gave Eversheds a sole adviser’s role. DLA […]

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