31 March 1997

LLPs may increase tax bills for practices>

A leading legal auditor has warned law practices of a serious problem in the Government’s just-published prop- osals for limited liability partnerships (LLPs). Jersey has already introduced LLP legislation, and the latest proposals by the Department of Trade and Industry are aimed at encouraging large firms of lawyers and accountants to stay in the UK. […]

Sayer dream team

The Law Society election saga has taken a rather bizarre twist. Phillip Sycamore and Michael Mathews have invited Robert Sayer to join them on their slate. It is a breathtakingly audacious move and, indeed, a clever one. But what of Tony Girling, who is currently off on vacation? It seems the ides of March are […]


Allen & Overy acted for ABN Amro, Bank of America and UBS in arranging a £1.25bn syndicated loan for Entergy Power UK to fund its acquisition of London Electricity. Entergy was advised on the loan by Clifford Chance.


Titmuss Sainer Dechert acted for Sears Property Developments in the £40m forward sale of the 100,800 sqft Tandem Centre retail park at Colliers Wood to Hermes Property Asset Management. Maxwell Batley advised Hermes.

Wronged on rights

The news on rights of audience, when it came, was not good. Yes, employed solicitors could have wider rights of audience. But when the small print was unveiled, this did not translate into very much at all. Crown prosecutors will still not be able to appear in Crown Court trials. Local authorities will not be […]

The Lawyer Inquiry: Russ de Haney

Russ de Haney was born in Beighton, Derbyshire, on 8 July 1950. He now lives in Sheffield. He is a solicitor at the Chesterfield Law Centre and chair of the Law Centres Federation. What was your first job? Engineering apprentice. What was your first ever salary as a lawyer? £5,200 in articles at John Howell […]

China brings in its foreign firms rules

China has announced the conditions it intends to apply to the establishment of foreign firms in preparation for negotiations on its accession to the World Trade Organisation. The conditions include allowing as many as 80 foreign firms to establish in 19 named Chinese cities. The offices will have to be headed by lawyers with more […]

Dickson Minto secures sell off

Dickson Minto, led by partner Martin McNair, acted for members of the management team of rail leasing company Eversholt Holdings, which took a controversial profit of £57.3m on the £726.5m sale of their company to Forward Trust, the leasing arm of Midland Bank, represented by Norton Rose. The management, backed by venture capitalists, including Candover […]

Auditors call for fraud panel

Auditors are calling for an independent advisory panel to be set up to coordinate the public bodies involved in the investigation and prosecution of fraud and to review the laws and regulations pertaining to it. The audit faculty of the Institute of Chartered Accountants issued a paper proposing the formation of the panel last week […]

Milbanks makes Angoorly up to partner in Singapore office

US firm Milbank Tweed Had- ley & McCloy has responded to the need for English law in the Far East by electing Caroline Angoorly as a partner in its Singapore office. Angoorly, who is a qualified barrister as well as a solicitor, will be responsible for leading the firm’s English law practice in Asia. She […]

Three's company in Sweden

At times, the Swedish legal market looks like the story of three firms: Mannheimer Swartling, Lagerlof & Leman and Advokatfirman Vinge. The three were formed six years ago as a result of domestic mergers. In the process, they created a huge gulf between themselves – at the time each had over 100 lawyers – and […]

Ap Cynan to face an OSS investigation

A SENIOR Law Society council member, who has just withdrawn his candidature to be- come its deputy treasurer, is being investigated by the Office for the Supervision of Solicitors. Robin ap Cynan withdrew from the deputy treasurer election contest last week, in a surprise move which leaves Robert Sayer free to continue in the post. […]

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