Latest Briefings

Heathrow Expansion – what next?

The construction of a third runway to the north-west of Heathrow Airport has long been the subject of controversy and has attracted its fair share of political debate. The Department for Transport claims the privately funded £14 billion runway could create an additional 16 million long-haul seats by 2040 along with £61 billion of economic […]

The Corporate Insolvency and Governance Act 2020 impact for Landlords

Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) was given royal assent on 25 June 2020 and has introduced a number of measures which will need to be considered by Landlords in situations where tenants are in arrears regarding sums due under a lease. The relevant provisions of the Act for Landlords are […]

ESG investing in Bermuda

Carey Olsen Bermuda counsel Sheba Raza highlights Bermuda’s role within the sustainable economy.

Supervision of costs in UCITS and AIFs

On 4 June 2020, ESMA published a supervisory briefing aimed at promoting convergence on the supervision of costs in UCITS and AIFs across the EU. The briefing provides details for managers of UCITS and AIFs on what constitutes compliant implementation of UCITS and AIFMD cost provisions including ESMA’s expectations regarding the manager’s pricing process and its content. This article provides a summary of the key issues set out in the briefing.

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Weightmans profit and turnover rocket

Weightmans has emerged from several years of low profitability with a stunning 25 per cent increase in average profit per equity partner (PEP) and an 18 per cent income rise. The North West firm is predicting PEP to hit £265,000 following a strong financial year, a rise of 25 per cent from last year’s £211,000. […]

Pinsents merger sees 70 per cent PEP increase

Pinsent Masons has recorded an astronomical hike in profit per equity partner (PEP), rocketing up 70 per cent from £234,000 to £400,000 for 2005-06. Pinsent Masons has recorded an astronomical hike in profit per equity partner (PEP), rocketing up 70 per cent from £234,000 to £400,000 for 2005-06. Turnover has increased 15 per cent to £172m, marking […]

Beachcroft dumps Wansboroughs for LLP switch

Beachcroft Wansbroughs is set to hire two external non-executive directors as it marks its conversion to LLP status with the formation of a new management board. The firm converted to LLP status on Monday (1 May) and has also changed its name to Beachcroft. The seven-partner management board will make strategy and management decisions and […]

Pinsents to commemorate partner

Pinsent Masons is mourning partner Shelagh Gaskill (left), who died last week following a long illness. Gaskill was a commercial partner in the outsourcing, technology and commercial group, specialising in data protection. Pinsents will set up a scholarship in her name to pay for information law training for people in charities and not-for-profit organisations which […]

Eversheds fights Bob Marley royalty claim

Eversheds and West End firm Hamlins have been fighting a High Court dispute between reggae legend Bob Marley’s record company and former guitarist Aston ‘Family Man’ Barrett over unpaid royalties. Eversheds partner Nick Valner is acting for Marley’s estate and record company, Universal Island Records, defending against Barrett’s allegations that he has not received royalties […]

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