Reynolds Porter scores second internet sale

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Latest Briefings

2019 Global Survey on the Commercialisation of Disputes – Cayman Islands

By Paul Smith, Spencer Vickers Q. Are lawyers able to enter into contingency /damages sharing agreements with clients? No, contingency fee agreements are unlawful. However, it is lawful for lawyers to enter a fair and reasonable conditional fee arrangement for an increase in fees to reflect the nature of the risk undertaken by counsel in accepting […]

2019 Global Survey on the Commercialisation of Disputes – Bermuda

Rhys Williams Q. Are lawyers able to enter into contingency/ damages sharing agreements with clients? No. These are prohibited by the Barristers’ Code of Professional Conduct 1981, Rule 96. The Bar Council has proposed allowing conditional/contingent fee structures however no steps have been taken to do so thus far. Q. Recoverability of client costs and/or success […]

Should inheritance tax be simplified?

By Aidan Grant The Office of Tax Simplification (OTS) has published a number of recommendations for how inheritance tax (IHT) could be amended and simplified. While these amendments do not go so far as to shake the foundations of the tax itself, nevertheless the proposals would require all practitioners to come to terms with the […]

Focus on IP Article

Rob Fahrenheim’s article has been published on the ‘Business Game Changer’ website, discussing the importance of protecting your Intellectual Property. Please read the full article below. Why protect your IP? Intellectual property rights are often a business’ best kept secret. Managers are typically well aware of the cost and value of their physical assets, such […]

Malcolm Gammie QC appears in the successful dismissal of an appeal by the administrators of Lehman Brothers

The Supreme Court handed down judgment in HMRC v Joint Administrators of Lehman Brothers International (Europe) (in administration) [2019] UKSC 12 on 13 March 2019.  Malcolm Gammie QC appeared for Her Majesty’s Revenue & Customs with Catherine Addy QC. The issue before the Supreme Court was whether the estimated £5billion of statutory interest that was payable under […]

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Partners quit Sydney firm in MDP row

Australian law firm Middletons Moore & Bevins has lost a quarter of its Sydney-based partners – after turning down a merger approach from a big accountancy firm. The 73-partner practice is one of Australia’s top 10 firms but the recent upheavals have seen seven of the Sydney office’s 29 partners move to other firms. All […]

Putting a bet on CFAs

Last week, Linklaters’ head of advocacy, Mark Humphries, bought a racehorse and called it “No Win, No Fee”. His purchase coincides with his firm’s announcement that it will be the first magic circle law firm to advise clients to enter into conditional fee agreements (CFAs) as policy in certain cases. Linklaters is hedging its bets […]

Flotations & Financing

Norton Rose acted for Scotia Water Dalmuir on the £50m design, build, finance and operation of new waste-water treatment works at Dalmuir. Banking partner David Coulter led Norton Rose’s team. Bird Semple acted for Scotia Water. Wilde Sapte and McGrigor Donald advised Paribas, which arranged the loan. Dundas & Wilson acted for the West of […]

In brief: The Solicitors Family Law Association

The Solicitors Family Law Association has announced that 87 of the 130 members who applied for accreditation under its new scheme have succeeded. To qualify practitioners need to pass an examination, spend more than 550 hours a year on family work and be qualified for at least five years. The results were welcomed as evidence […]

Northern bars seek strength through unity

Talk to legal practitioners about the Leeds bar 10 years ago, and the word “dabbling” invariably crops up. Barristers, it seems, tended to have broad practices, hopping from a criminal trial one day to a tax case the next. It is an image the Leeds bar is keen to banish. In an increasingly competitive market, […]

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