Lerach may quit as investigators close in

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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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Linklaters enjoys high life

One of Tulkinghorn’s scribes was left in a state of shock and awe after hearing of the luxury that a number of Linklaters‘ corporate partners enjoy when they travel between the firm’s offices in Germany. He heard tell of luxury private lounges at the airport, separate even from the business class lounges, serving only the […]

Addleshaws and OC reach £500k PEP benchmark

Addleshaw Goddard and Osborne Clarke have increased average profit per equity partner (PEP) above the £500,000 mark for the first time ever. Addleshaws reported a 14.8 per cent increase in PEP from £472,000 to £542,000 for the financial year 2006-07. At Osborne Clarke PEP has risen by 20 per cent from last year’s £425,000 to […]

Eversheds, Links and Norton Rose go green

Eversheds, Linklaters and Norton Rose are leading the legal profession on green issues by wholeheartedly embracing the normally low-profile UN World Environment Day today. Allen & Overy, Denton Wilde Sapte, Freshfields Bruckhaus Deringer, Hammonds and Pinsent Masons are among a raft of firms that have shown their lack of green credentials with no acknowledgment of […]

Falconer: tardy litigators will be fired

The Lord Chancellor Lord Falconer today (31 May) outlined plans that will see lawyers who cause delays to court cases replaced. The move comes ahead of the post-BCCI working party’s interim report to the Commercial Court Users’ Committee in June. Mr Justice Tomlinson’s BCCI verdict labelled the behaviour of some of the lawyers as “unattractive”, […]

GC quits PartyGaming on back of troubled year

PartyGaming general counsel David Abdoo is quitting the Gibraltar-based online gaming outfit following a tumultuous year in the online gaming sector. Abdoo took the role in 2005 and has overseen the legal function during a difficult period in which the company bowed out of the FTSE100 and closed down its US operations after the Bush […]

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