Coronavirus: Applying force majeure
By Fiona Teague, Jonathan Smart Force majeure clauses in business-critical contracts are coming into sharp focus at the moment as coronavirus continues to sweep the globe and the extent of the impact on global supply chains is becoming increasingly apparent. Many businesses concerned about potential disruption as a result of the coronavirus outbreak are reviewing […]
More seasoning to the mix: The PRA’s consultation on outsourcing in financial services
By Stephen Dawson, Thomas Morrison, Craig Armstrong The PRA’s Supervisory Statement on outsourcing arrangements is due later this year. We outline how it should help organisations construct outsourcing policies and arrangements which reflect their risk profile and business model. Background Regulation of outsourcing in the financial services sector has changed considerably in the last few […]
The family at work – Fertility matters
By Helen Burgess Does your organisation have a fertility policy? If not, it’s a good idea to introduce one. Fertility treatment is on the rise. Whether this is due to professional women delaying starting a family to focus on their careers, people finding long term partners later in life and therefore having a baby later, […]
Could data be the key to unlocking social mobility?
By Rachel Parker Sometimes it can feel as though improving the social mobility picture in the UK is an insurmountable task. For a child born into a family in the bottom earning decile in the UK, it would take them four to five generations to reach the national average income (OECD ‘A broken social elevator? […]
Conscious uncoupling: When the employee ends the employment relationship
By Esther Wilkins In this article we explore issues for employers to consider when an employee resigns. The world seems full of difficult divorces at the moment. From Brexit to Harry and Megan’s departure from the ranks of senior royalty, delicate negotiations abound. When an employee resigns, this too may require careful navigation as we […]
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The speed read: climate change and coronavirus take centre stage – but don’t ignore Kennedys’ New Law play
Judges are signing up to the climate emergency Climate change is centre stage this week and as Greta Thunberg arrived in Bristol, Extinction Rebellion turned up on Bunhill Row to make an example of Slaughter and May. The protests are a bit embarrassing for Slaughters, but to be fair there are dozens of firms in […]
Mipim 2020: First firms pull plug on Cannes bash as European coronavirus cases mount
A slew of firms have withdrawn from Mipim as fears mount surrounding the spread of coronavirus across Europe. Harper Macleod was among the first to announce that it will no longer be sending delegates to the annual real estate conference. It has been joined by Norton Rose Fulbright and Morrison & Foerster and most recently […]
Patent lawyers left “scratching heads” as UK u-turns to quit UPC
The UK will no longer be a member of the Unified Patent Court (UPC) system, despite an underlying agreement made in April 2019. The news contradicts previous Prime Minister Theresa May’s commitment to the UK’s membership to the UPC. The Boris Johnson government has made it clear that it envisages a far looser relationship with […]
HSF, DLA and Peters & Peters successfully defend Barclays bankers as 7-year fraud trial ends
The Serious Fraud Office’s seven-year case alleging three Barclays bankers of fraud has come to an end after a jury cleared the trio of all charges. The SFO had alleged the three had lied to the market in official documents detailing two emergency cash calls in 2008, which helped the bank avoid a taxpayer bailout […]
Extinction Rebellion targets Slaughter and May to protest BigLaw “blood money”
Lawyers for Extinction Rebellion gathered outside Slaughter and May to protest what the group called the “blood money” law firms have been receiving from the oil and gas industry. The protestors focused on Slaughters due to its recent work on Premier Oil’s agreement to acquire $625m of oil and gas fields in the North Sea […]
Kirkland and Linklaters act on €17bn sale of Thyssenkrupp’s elevator business
Kirkland & Ellis and Linklaters have landed the lead roles on what is regarded as the largest buyout transaction done in Europe since the financial crisis. The US firm led for the consortium of private equity houses Advent International, Cinven and the Abu Dhabi Investment Authority, which paid €17.2bn for Thyssenkrupp’s elevator business. This consortium […]