Latest Briefings

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

Coronavirus Digest no. 2: Patents and other intellectual property rights

Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.

Recommended

Bingham joins local trio on Spanish constructor’s €200m debt refinancing

Bingham McCutchen has joined Spanish firms Cuatrecasas Gonçalves Pereira, Gómez-Acebo & Pombo and Uría Menéndez in advising on building manufacturer Uralita’s debt refinancing. The financing includes a syndicated credit agreement and a number of bilateral debt instruments made between Uralita and its subsidiaries and several financial institutions, valued at a total of €200m (£161m). The […]

Chris Vaughan

Balfour Beatty to slash legal spend by 30 per cent in panel review

Construction giant Balfour Beatty is looking to save up to a third of its external legal spend by packaging certain areas of work and tendering it out to the lowest bidder. The plans come as the company’s legal team begins to review its panel of external advisers, with an insider at the business saying the […]

Mukhtar Ablyazov
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Addleshaws client Ablyazov debarred from defending $6bn claim

Addleshaw Goddard client Muktar Ablyazov has been debarred from defending claims totalling $6bn against him after the Court of Appeal (CoA) ruled that he could not overturn a committal order against him. Addleshaw partners Ian Hargreaves and Richard Leedham instructed 20 Essex Street’s Duncan Matthews QC and Charles Béar QC of Fountain Court to lead […]

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Bingham, Mayer Brown and Macfarlanes lead on Comet administration

Bingham McCutchen and Mayer Brown are advising the administrators of electricals chain Comet, which filed for administration last Friday (2 November). Deloitte partners Neville Kahn, Nicholas Edwards and Christopher Farrington are trying to find a buyer for the goods retailer after retail turnaround specialist OpCapita, which bought the business for just £2 last year, failed […]

Banking
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Blog: causation key issue for litigants in Libor claims

The recent decision by the court in the claim brought by Guardian Care Homes against Barclays (see story 30 October 2012), allowing the claimant to bring the manipulation of LIBOR into a case on hedge mis-selling, highlights the storm clouds that still gather around the banking sector and may indicate a lack of trust of […]

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