Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

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Baker Botts breaks $600m with year-end results

Baker Botts has reported a 6.16 per cent increase in global revenue for the past financial year. The Texas-headquartered firm grew revenue from $577.7m in 2007 up to $613.3m in 2008. Baker Botts also grew average profit per equity partner (PEP) by 4.6 per cent from $1.3m up to $1.36m in 2008. The past year […]

Walkers hires new finance head

Offshore firm Walkers has hired Linda Martin to head its finance and corporate practice for London and the Middle East. Martin joins the firm from Maples and Calder where she was a partner in the firm’s Hong Kong and London offices. She will be based in Walkers’ London office. Walkers said it was a strategic […]

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Clifford Chance moves layoffs forward

Clifford Chance has accelerated its redundancy consultation by two weeks, with the results due to be announced on Wednesday. Associates voted in favour of bringing the consultation close forward after the firm offered a sweetener to the redundancy package. The firm will now round up the number of years worked when calculating the time element […]

Ken Baird: Freshfields Bruckhaus Deringer

What’s on your iPod at the moment? Nothing – it got wet. What was your first-ever job? Sub-lieutenant in the Royal Naval Reserve. What was your worst experience as a trainee? Being chewed out by a Glasgow Sheriff for not wearing a court gown. Where’s the best place to go if you want to find […]

Pinsents, Mills & Reeve knock rivals off Trafficmaster panel

Pinsent Masons and Mills & Reeve have landed spots on Trafficmaster’s legal panel, knocking previous advisers ;Addleshaw ­Goddard and Lewis Silkin off the list. After a competitive ­tender between the two ­winning firms and the duo that lost out, Pinsent Masons was appointed ­primary legal adviser to ­Trafficmaster, a listed ­driving ;services ;and ­navigation company. […]

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