K&L Gates’ Singapore launch will not prevent layoffs

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Middle East layoffs suggest there’s no place like home

Last week The Lawyer broke the news of the first legal job cuts in the Middle East. Seven Trowers & Hamlins employees lost their jobs in Dubai, Muscat and Riyadh, six of them associates and most from project finance (23 February). Trowers is one of a host of firms, among them Allen & Overy, Denton […]

Shearman to cut 18 secretarial jobs in London

Shearman & Sterling has begun a redundancy consultation in its London office which is likely to see the loss 18 secretarial and support staff. The firm has also revealed that is has frozen salaries and reduced its bonus pool in response to the difficult economic climate. Support staff in the US have also been affected […]

The yoke’s off Hammonds

11.37amHammonds managing partner Peter Crossley may well have a little skip in his step this week. Seven of the eight former partners in dispute with the firm over drawings on anticipated profits paid out between 2003 and 2005 have settled. 5 March, 11.37am Hammonds managing partner Peter Crossley may well have a little skip in […]

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Freshfields defeats Competition Commission

Freshfields has scored an appeal victory for Tesco after the Competition Commission tried to alter the process for approving new stores. Freshfields Bruckhaus Deringer competition partner Deirdre Trapp has scored a Competition Appeal Tribunal victory for supermarket giant Tesco after the Competition Commission tried to alter the process for okaying new or extended stores. Tesco, […]

NYC elite secure mandates on AIG restructuring

Davis Polk & Wardwell, Sullivan & Cromwell and Weil Gotshal & Manges have secured lead roles on the restructuring of US insurance giant AIG. Davis Polk & Wardwell, Simpson Thacher & Bartlett, Sullivan & Cromwell and Weil Gotshal & Manges have secured lead roles on the restructuring of US insurance giant AIG. Davis Polk corporate […]

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