Tulkinghorn’s dinner party tips, part 1. Tulkinghorn has been picking up a few tips lately on how to ensure top-level status at dinner parties, particularly important at this time of year when one needs to have a primary seating position and not be placed with the also-rans at Christmas parties.One excellent piece of advice came […]
So Allen & Overy (A&O) is the first of the major firms to cut partner drawings in response to the downturn. Its 20 per cent cut – a precautionary measure only – will leave its plateau partners scraping along on £1m a year instead of £1.25m.It shows that in these times, a strong finance director […]
While Mrs Tulkinghorn is a big fan of the Channel Islands as a holiday destination, it is not often that its legal market is regarded as a driving force in the development of law firm practice. It was only a month or two ago, for example, that The Lawyer reported on what is believed to […]
Tulkinghorn was delighted to receive a photo release from Dechert, which purported to tell us exactly “what being an international partner at Dechert is all about”. It depicts real estate partner Ciaran Carvahlo (left) and corporate partner David Vogel sandwiching the model Claudia Schiffer at a factory opening for client Freeport in Sweden. It clearly […]
Travers Smith Braithwaite has advised City of London systems operator CrestCo on the development of two risk-reducing projects. These have involved a dramatic change in company law and have hailed Crest as the safest transfer and payment system in the world.Together with CrestCo’s in-house team, Travers Smith has provided the legal advice for the introduction […]
Maurice Allen: an apology. In last week’s issue, The Lawyer reported that White & Case’s London head of banking Maurice Allen was a Brighton & Hove Albion FC supporter. Tulkinghorn would like to offer his heartfelt apologies to Mr Allen for committing such a dreadful error. Mr Allen is, of course, a devout Manchester United […]
The European Comm-ission (EC) last month fined eight pharmaceutical companies g855.22m (£533.26) for their involvement in a vitamins cartel. US firm Jones Day Reavis & Pogue, though, secured immunity for its client Aventis, which blew the whistle on other cartel members. This is the first time that the EC has ever been so lenient to […]
One act or four? War or terrorism? These are the questions insurers are asking after 11 September. Sheila Simison and Denis Whelan ask whether the industry will ever be the same again The attack on the World Trade Center was the worst terrorist assault on US soil, producing the biggest insurance losses in history, and […]
Who would believe the price of coffee these days? Well, not Clifford Chance partners. The firm’s recent bid to cut costs has hit the partners hard. First, their Christmas party was cancelled (saving a cool £1m in the process) and then partners using the firm’s meeting rooms were outlawed from ordering coffee and tea unless […]
Mr Justice Burton has ruled that Bryan Jeeves OBE, former honourary consul to Lichtenstein, must be asked in public about his involvement in offshore property company Casterbridge. In 2000, Casterbridge was wound up by the High Court. The winding up petition alleged a connection with Hever Worldwide, which was allegedly selling timeshares illegally. Jeeves was […]
The financial shockwaves from 11 September have resounded into insurance for sporting events. Jason Smith reports on how organisers are having to bone up on their cover “The world has changed considerably and new risks need to be taken into account and that is why we wrote to FIFA cancelling the insurance.” So went the […]
The question of how far a single joint expert witness can be cross-examined was the subject of a recent Court of Appeal hearing. And the answer? No, you can’t cross-examine. Which has raised quite a few hackles among tough barristers.The matter in question arose at the Court of Appeal before Lord Woolf, our venerable Lord […]