Simmons waves goodbye to Portuguese offices

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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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 […]

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Profits fall at Davis Polk and Skadden

Average profit per equity partner fell 15 per cent to $2.05m last year at Davis Polk & Wardwell, it has emerged. Although the New York-headquartered firm managed to post flat revenue growth for 2008, remaining at $767m, the collapse of its core financial services markets was reflected in its bottom line. “Davis Polk is likely […]

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City elite refuse to rule out pay band freeze

City firms have not ruled out a pay freeze come May, following decisions at Freshfields Bruckhaus Deringer and White & Case to lock down their associate pay bands. Herbert Smith, Clifford Chance, Allen & Overy, Ashurst and Lovells have all said they are yet to make a decision on salaries, but none of the firms […]

McDermott launches redundancy talks

McDermott Will & Emery has launched a redundancy consultation with nine members of staff in its London office. Three fee earners’ jobs are under review together with six support staff across marketing, IT and secretarial departments. A spokesperson was not able to comment on whether outplacement services are being offered as part of the redundancy […]

Freshfields, DLA scoop £7.5bn train deal

Freshfields and DLA Piper have advised on a £7.5bn deal to build a new fleet of high speed trains, one of the largest public transport contracts awarded in the UK. Freshfields Bruckhaus Deringer and DLA Piper have advised on a £7.5bn deal to build a new fleet of high speed trains, one of the largest […]

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