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Follow-the-settlements clauses revisited

In autumn 2011, Thailand suffered severe floods. Among the properties damaged were shops and distribution centres owed by a subsidiary of Tesco. Tesco was insured against property damage and BI losses in Thailand under a master global policy issued by ACE European Group and under a local policy issued in Thailand by ACE INA. The […]

IRS implements sweeping changes to Circular 230: key points for practitioners

By Diana L Erbsen and Michael J Scarduzio Final Circular 230 regulations issued by the Internal Revenue Service (IRS) on 9 June are now in effect, implementing sweeping changes to the governing practice standards for attorneys and other practitioners practising before the IRS. In large part, the IRS has adopted the proposed regulations (REG-138367-06) published on 17 […]

Joining AIM: a field guide for applicants to AIM, a market of the London Stock Exchange

AIM, a market of the London Stock Exchange, is the world’s premier market for smaller growing companies. AIM serves as a mechanism for companies seeking access to capital to realise their growth and innovation potential. It plays a vital role in the funding environment for small and medium-sized enterprises as they develop their businesses. Since […]

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Linklaters, Travers Smith, Weil in £184m PwC Lehman pensions settlement

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Shoosmiths hires two new partners to its Birmingham office

Shoosmiths has announced the appointment of two partners who will be based at the firm’s Birmingham office: Karen Featherstone and David Adams. Featherstone joins as partner from Pinsent Masons where she was a senior associate in the tax team. She has significant experience in private equity transactions, mergers and acquisitions, restructurings and reorganisations. She will head up Shoosmiths’ tax […]

Difficult to call steady growth in UK construction market, says Eversheds

Eversheds construction expert Michael Conroy has commented on the latest projections for future UK construction industry growth. Conroy said that it is encouraging to see that confidence remains intact after other recent figures suggested the outlook was ‘perhaps a bit more muted’. He said: ‘It remains the case that infrastructure still requires a catalyst such as […]

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Top 10 stories 20 July – 27 July 2014

Mark Brandon’s forthright opinion article on the future shape of the legal market continues to have the market talking and commentators commenting. In case you missed it, Brandon’s points include his contention that US firms will eventually be dominant in London, that Vereins have had their day and that the modern obsession with process is […]

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