8 August 1994


Bayerische Hypotheken Bank was advised by Herbert Smith in the issue of A$75 million 8.75 per cent European medium term notes due 1997. Lead manager Hambro Bank was advised by Allen & Overy.


The Hartstone Group was advised by Travers Smith Brathwaite on its rights issue to raise £30 million


Business Technology Group

Review on displayed goods

Judicial review is sought of the decision of Torquay justices to dismiss charges of wilful obstruction by two Torquay shopkeepers who displayed goods on the pavement. Magistrates decided that because the goods intruded into just five per cent of the 15m wide street, it did not constitute an obstruction under the 1980 Highways Act.

Venables 'severs links' with firms

SOLICITORS acting for England football coach Terry Venables are expected to issue a second libel writ against the BBC after last week’s ‘Panorama’ documentary. Nick Trainer, partner in two-man City practice John Bowden Trainer & Co, says a second libel writ is likely to be issued this week following the programme’s allegations that Venables unlawfully […]

Baker & McKenzie shakes up partner dismissal system

International firm Baker & McKenzie has revised its system of dismissals to make it simpler to shed unwanted partners. The new procedure, unveiled at the firm’s annual partners’ meeting in Hong Kong last month, means lawyers can be dropped from the partnership by global ballot rather than waiting for the yearly gathering. The majority vote […]

Boothroyd to speak at AWS dinner

Speaker of the House of Commons Betty Boothroyd will address a dinner celebrating the 75th anniversary of the Sex Disqualification (Removal) Act 1919, which allowed women to enter the professions. The black tie dinner, to be held at the London Guildhall on 9 December, has been organised by the Association of Women Solicitors.

Couderts set to open two offices in Vietnam

American law firm Coudert Brothers has received approval from the Vietnamese Government to open offices in Hanoi and Ho Chi Minh City. Couderts joins UK firms Freshfields, Sinclair Roche & Temperley, Lovell White Durrant and Clifford Chance, and international practice Baker & McKenzie, which all operate Vietnamese practices. The firm, which now has 10 offices […]

Canary Wharf appeals against findings

Canary Wharf Ltd will appeal against the findings of a preliminary hearing held earlier this year in an action being taken against it by a group of Docklands residents. The residents, represented by multi-party action firm Leigh Day & Co, are claiming damages for alleged interference with television reception which they claim was caused by […]

Scots firm launches CPD seminar series

An initiative has been launched aimed at in-house lawyers’ continuing professional development (CPD). Scottish firm Maclay Murray & Spens will run a programme of seminars to help lawyers in the employed sector reach this year’s CPD requirements. Seminars will tackle executive dismissal, agency agreements, employee benefits and commercial contracts. More than 50 in-house lawyers have […]

Irish courts poised for cameras

THE IRISH Republic’s Law Reform Commission has recommended that court proceeding be televised. But the commission warns of “dangers and difficulties” in letting television cameras in and suggests it should be done on a pilot basis and carefully monitored. The commission, an independent body headed by a High Court judge which makes recommendations to the […]

Wilde Sapte brings in the Americans

CITY firm Wilde Sapte has bucked the market trend by taking on a team of US lawyers to run its new Lloyd’s office. Investigative insurance law-yer Adrian Mecz has been recruited as a partner from New York firm Bigham Englar Jones Houston. Wilde Sapte takes on the US firm’s entire London team including litigator Christopher […]

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