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COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.

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Ben Bennett: Cushman & Wakefield

Cushman & Wakefield’s Ben Bennett has found a role that makes use of both his legal and business skills. By Jon Parker Cushman & Wakefield is the world’s largest private real estate business. In December last year Paul Weiss Rifkind Wharton & Garrison client IFIL Investments valued the company at $975m (£483.98m) when it paid […]

Monckton hauls back £300m in VAT for investment trusts in ECJ

Monckton Chambers has scored a European Court of Justice (ECJ) victory that will see investment trusts collectively receive a £300m tax refund in addition to making annual savings of £40m. The ECJ ruled that investment trusts such as JPMorgan Claverhouse, which brought the proceedings, should be exempt from VAT on management expenses. The investment vehicle […]

Revealed: 81 per cent of top UK firms have no black partners

Eighty one per cent of the UK’s top law firms have no black partners, with just 3.7 per cent of partners coming from ethnic minorities, according to the Black Solicitors Network’s (BSN) 2007 diversity league table. However, this is an improvement on last year, when only 3 per cent of partners came from ethnic minorities. […]

Freshfields’ new focus: people and clients

Freshfields Bruckhaus Deringer‘s firmwide partner conference sought to draw a line under the past year’s strife by tabling new priorities. The magic circle firm’s co-senior partner Konstantin Mettenheimer told The Lawyer that the two key themes of people and clients will be at the top of the agenda for the coming financial year now that […]

Kester Cunningham hikes revenue by £1m

East Anglian firm Kester Cunningham John has posted a growth in revenue of just less than £1m as it targets the commercial, private client and property markets in the region. The firm turned over £10.7m in the 2006-07 financial year, up from £9.8m in 2005-06. Corporate and commercial, which includes employment, showed the biggest growth, […]

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