Latest Briefings

Taking time off to look after dependants

Understanding what employees’ rights are and how this should be handled by employers has never been more important as we reach the peak of the pandemic.

Material adverse change clauses – draft carefully

The unprecedented situation that the coronavirus pandemic has delivered to global commerce has impacted on a variety of contractual issues related to non-contentious day-to-day transactions.

An employment guide to lockdown 3.0

With COVID-19 taking hold once more, the government has put the UK under a third lockdown, forcing all non-essential shops to close once again.

BVI update: “Black Swan” legislation passed

On 31 December 2020, the BVI House of Assembly passed the so-called “Black Swan” Bill amending section 24 of the Eastern Caribbean Supreme Court (Virgin Islands) Act (Cap. 80) so as to confer jurisdiction on the BVI Court to grant interim relief in support of foreign proceedings.

Recommended

Legal institute rejects funding warning

The Institute of Advanced Legal Studies is pushing ahead with expansion plans despite warnings from a review committee that it risks “gradual decline” unless it can source substantial new funding. The London-based institute – partly funded by City law firms – has been told to find new sources of income. The committee’s report says rapid […]

…as BP-Amoco loses solicitor after merger

A leading in-house energy lawyer has quit BP-Amoco following the multinational merger. Anna Soroko, who is taking up a new senior post at Eastern Electricity, predicts more lawyers will follow suit. She was asked to relocate from her London office to Aberdeen following last year’s u67.5bn merger of BP and Amoco – the world’s biggest. […]

In brief: White & Case

White & Case has advised on the US$1.1bn acquisition of Bank Pekao by a consortium of foreign investors. Witold Danilowicz, head of White & Case’s Warsaw office, says it is the largest foreign investment in Poland.

Property

Richard Pearlman & Co advised Citymain Investments, a company partly owned by Prestbury Group, in its acquisition of 188-213 Old Street, London, EC1. Richard Pearlman and Adam Draper advised on the deal, which is worth u23.2m, while Nabarro Nathanson acted for the vendor, Courtana Investments. Berwin Leighton acted for the purchaser’s funding source, KBC Bank […]

Zurich Commercial slashes legal panel from 100 to 1

Zurich Commercial has finally revealed its streamlined panel after cutting its legal advisers from 100 to just 16 firms. The 16 that have been retained by Zurich Commercial, which is a combination of merged insurers Eagle Star and Zurich, will be split into three groups. Those firms on the Zurich Commercial panel only are Davies […]

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