Herbies’ hotel horror

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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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Getting a cut of Virgin’s wasted £14m

“If you outbid somebody at auction you are smart if you do it by £1, less smart if by £1m & pretty worrying if by £750m!” Sir Richard Branson tweeted this morning after Virgin Trains lost out to FirstGroup in its bid to hold on to the lucrative West Coast mainline contract. Virgin reportedly bid […]

Paul Wilson

Regional: attempted merger

Alliances, failed and successful, are the story of the year outside London The impact of mergers on the turnover of regional firms is best highlighted by the growth of DWF and Weightmans in 2011-12. There has been the odd exception of more than modest organic growth, such as Browne Jacobson’s 17 per cent turnover increase, […]

2

Debt heat

Iceland faces a politically charged court showdown over compensation after the country’s banking crash, but it claims the EC should not be involved Next month (18 September) the Icelandic government’s battle with the European Free Trade Association Surveillance Authority (EFTASA) will come to a head in Luxembourg, with the first hearing in the dispute over […]

Solomon Wifa

O’Melveny and SJ Berwin join Burness on Lloyds’ £1bn private equity sell-off

O’Melveny & Myers and SJ Berwin led alongside Scottish firm Burness on Lloyds Banking Group’s sale of £1.05bn of private-equity assets to secondary specialist Coller Capital. Coller, the UK private equity group run by Jeremy Coller, acquired the investment portfolio for a fee of approximately £1.03bn, in one of the largest European secondary transactions to […]

Hogan Lovells, Latham advise on Russian bank’s capital markets return

Hogan Lovells and Latham & Watkins have advised on the establishment of a $300m (£191m) European commercial paper (ECP) by Russia’s B&N Bank. The firms also advised on a $40m (£25.5m) issue, the first under the under the ECP scheme, with the deal representing a return to the capital markets by B&N following a hiatus […]

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