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Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

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Litigation Personal Injury 28/10/97

Binks v Maken and anor CA 8 October 1997 Claimant: Louis Binks Incident: Alleged medical negligence Injuries: Three-year-old released from Bristol Childrens Hospital after treatment for kidney tumour. Left suffering mental handicaps so severe he will need round-the-clock care for the rest of his life. Claim for damages on basis that his mental handicap was […]

Property

David Conway & Co advised AIM-listed Trocadero on its u210m sale of the Trocadero Centre and London Pavilion to Berford Holdings.

Litigation Recent Decisions 28/10/97

Prolonging litigation puts costs at risk Sugar v (1) Venables (2) Michael Joseph (1997) Court: CA (Simon Brown LJ, Schiemann LJ, Robert Walker LJ) 17/10/9Appearances: Michael Beloff QC and Victoria Sharp instructed by Herbert Smith for the appellant. James Price QC instructed by Clifford Chance for the respondent. Summary: A plaintiff who had prolonged litigation […]

Property

Macfarlanes advised Legal & General on the establishment of a limited partnership with Scottish Widows, advised by Freshfields, and Norwich Union, advised in-house. The partnership has been formed to invest in industrial property and Legal & General Investment Management has been appointed fund manager.

SIF management should be farmed out to private sector

THE management of the Solicitors Indemnity Fund (SIF) should be farmed out to the private sector, argued Law Society treasurer Robert Sayer. Sayer has told The Lawyer that private firms specialising in running mutual funds should be invited to tender for the responsibility of managing SIF. There are around half a dozen specialist mutual fund […]

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