Lloyds Bank, MG Rover and Standard Chartered have lost an attempt to win back overpaid taxes, with Norton Rose Fulbright client HMRC and BMW successfully appealing a previous first-tier tribunal decision. There were several battles incorporated into this one case, seen to be critical in the run-up to Brexit as the prevailing law is EU […]
While the legal profession is making steady progress at becoming more diverse, it is not yet representative of the demographic of society. In summary, the SRA diversity in law firm data for 2017 stated: 48 per cent are women (only 33 percent at partner level); 21 per cent are Black Asian and Minority Ethnic (BAME) […]
Nine more firms have signed up to the Reignite Academy, the initiative that aims to put lawyers who have taken a career break back on the City partnership track. The Academy was founded by Lisa Unwin, Melinda Wallman and Stephanie Dillon and its launch was first revealed by The Lawyer in September 2018, when six […]
The Court of Appeal has today unanimously dismissed appeals by various appellants in a number of proceedings heard together which raised issues about the entitlement to recover unlawfully charged VAT from HMRC in the context of the UK’s VAT grouping provisions. In particular, the appeals concerned who was entitled to bring a s.80 claim for […]
The EBA issued guidelines designed to clarify (among others) when a moratorium measure (private or public) does not automatically trigger the re-classification of exposures as forborne.
Welcome to the January edition of Schoenherr’s to the point: technology & digitalisation newsletter.
The European Commission (EC) has identified the emergence of large digital service providers as one of the most pressing issues that come with digitalisation.
As of 1 January 2021, Bulgaria’s Commission for the Protection of Competition (the “CPC”) will be available for pre-notification discussions. To this end, it has also published bylaws (“Rules”) for such contacts (adopted by CPC decision 1005/10 December 2020).
On 16 December 2020 the European Commission (ECOM) presented its strategy to prevent a future build-up of non-performing loans (NPLs).
Lloyds Bank, MG Rover and Standard Chartered have lost an attempt to win back overpaid taxes, with Norton Rose Fulbright client HMRC and BMW successfully appealing a previous first-tier tribunal decision. There were several battles incorporated into this one case, seen to be critical in the run-up to Brexit as the prevailing law is EU […]
While the legal profession is making steady progress at becoming more diverse, it is not yet representative of the demographic of society. In summary, the SRA diversity in law firm data for 2017 stated: 48 per cent are women (only 33 percent at partner level); 21 per cent are Black Asian and Minority Ethnic (BAME) […]
Nine more firms have signed up to the Reignite Academy, the initiative that aims to put lawyers who have taken a career break back on the City partnership track. The Academy was founded by Lisa Unwin, Melinda Wallman and Stephanie Dillon and its launch was first revealed by The Lawyer in September 2018, when six […]
The Court of Appeal has today unanimously dismissed appeals by various appellants in a number of proceedings heard together which raised issues about the entitlement to recover unlawfully charged VAT from HMRC in the context of the UK’s VAT grouping provisions. In particular, the appeals concerned who was entitled to bring a s.80 claim for […]
The former CFO of Autonomy has taken the High Court instruction away from Brick Court’s Simon Salzedo QC, handing it to a Fountain Court junior barrister. Fountain Court’s Paul Casey is now instructed by Simmons & Simmons partner Ian Hammond to defend former Autonomy CFO Sushovan Hussein in one of the year’s most high-profile and […]
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Firms must once again turn their attentions towards servicing current clients for a lower cost.
The world is becoming a more open place to travel based on the Henley Passport Index.
In recent months there has been a glut of senior associate hires.
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
The job losses in the legal sector last year give us a good inkling of where the most profound changes are likely in 2021
With Paul Dolman’s hire, Latham is targeting the mid-market PE opportunities.
Linklaters’ senior partner election race has begun in earnest, The Lawyer understands, as Charlie Jacobs looks set to leave the firm at the end of his term. The magic circle firm has begun a process that will conclude by mid-May, sources told The Lawyer. Jacobs is understood to have communicated internally that he will be […]
Mayer Brown is the latest firm to rethink its strategy in South East Asia, with its lead partner in Thailand joining a rival US outfit in the country. Local partner in charge Maythawee Sarathai has joined Hunton Andrews Kurth, as Mayer Brown closed its Bangkok operations. The Bangkok office was acquired by Mayer Brown following […]
Clifford Chance was on call for Alter Domus, as it agreed an acquisition deal that takes its assets under administration to $1tr. Clifford Chance supported Alter Domus as it completed the purchase of fellow business Strata Fund Solutions. The deal makes Alter Domus one of the largest private asset servicers for PE and venture capital […]
Telecoms giant BT has called on Simmons & Simmons as it faces a multimillion-pound claim in the Competition Appeal Tribunal. The claim is brought by Justin La Patourel, founder of Collective Action on Landlines (CALL), and Mishcon de Reya’s Rob Murray. The dispute relates to BT allegedly overcharging customers for its landline subscription. In 2017, […]
Clifford Chance is representing the studio behind hit game Fortnite in the Competition Appeal Tribunal (CAT) after Epic Games launched legal action against Apple and Google. The dispute concerns the defendants’ decision to remove Fortnite from their respective app stores in August 2020, which has spawned abuse of dominance claims from Epic which now seeks […]
Simmons & Simmons has successfully struck out a fraud claim from a litigant in person who accused the firm of dishonesty and had lodged a complaint to the Solicitors’ Disciplinary Tribunal (SDT). David Hinkel’s claim was dismissed by the High Court on Friday, during which proceedings revealed that the SDT had rejected the appellant’s complaints […]
