Latest Briefings

COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.

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Thring townsend wins stress settlement

South West firm Thring Townsend has won an £850,000 settlement for a passenger suffering from post-traumatic stress disorder as a result of the Ladbroke Grove train crash in October 1999. The personal injury case was unusual in that the damages award was made on the basis of future earnings for a postion that the client […]

Hey press do!

Kudos to Nabarro Nathanson for picking the ultra-cool Soho Hotel for its ‘end-of-year’ press party on Thursday 18 May. As well as brilliant canapés, proper champagne and outrageous décor, the firm laid on a wandering conjuror to prowl the room, astonishing partners and hacks with his tricks. One Nabarros partner particularly impressed by the magician […]

Who’ll be the first to float?

Last Wednesday (24 May) saw the biggest shake-up of the UK legal market for decades move a step closer. And the legislative process is moving unusually quickly: Lord Falconer commented that it was “just seven months” since the publication of the ‘Future of Legal Services’ white paper. Now the joint committee of the Houses of […]

Gleiss helps kill off ‘locust’ tag

Private equity houses have famously been described as locusts (Heuschrecken) in Germany, but it looks as if Gleiss Lutz could have acted on the deal that will change this perception. Herbert Smith’s German ally advised regular client Blackstone on its first-ever investment in a government-controlled company. Blackstone acquired a 4.5 per cent, E2.68bn (£1.82bn) stake […]

Freshfields sees Goldman et al through APB offer

Freshfields Bruckhaus Deringer has landed the lead advisory role for a Goldman Sachs-led consortium on its £2.4bn bid for Associated British Ports (ABP). The consortium, which includes Borealis Infrastructure Management, GIC Special Investments and Goldman Sachs, made an 810p per share offer for ABP last week. The ABP board has granted the consortium time to […]

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