Latham to cut 440 jobs as workloads plummet

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Energy tax matters – Prinsjesdag 2018

The Budget Day Package 2018 contains a separate bill (‘Fiscal greening measures 2019’) with measures to reduce CO2 emissions. The proposal includes, among other things, the following changes in energy tax: Promoting electrification: shifting energy load from natural gas to electricity. The tariff in the first disc for natural gas is increased by EUR 3ct / m2, […]

UK real estate and competition law – An insight

By Samuel R Beighton On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA”) announced that Heathrow airport (“Heathrow”) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease. Importantly, this case marks the first occasion that the CMA […]

Pre-purchase inspection is not a warranty

By Sandra Lando, Julie Djiezion For several years, there have been calls by some associations, including the Québec Association of Building Inspectors, for oversight of the work done by pre-purchase inspectors. On June 12, 2018, they resulted in the introduction of the Act mainly to improve the quality of buildings, the regulation of divided co‑ownership and the […]

Introduction of remediation agreement in Canada

By Glen Jennings, Matthew Doak The time has now arrived. A mechanism is finally in place in Canada that will allow for a better process to resolve criminal offences for corporations. In response to a consultation that ended in November 2017, the federal government introduced legislation amending the Criminal Code to allow for remediation agreements (better known as […]

Brexit poses challenges for intellectual property law

By David Barron, Ailsa Carter ‘Brexit’ poses considerable challenges for intellectual property law and presents uncertainty as to the  involvement of the UK, following its exit from the EU, in existing and proposed international regimes involving EU law. In March 2018, the text of a draft “partial agreement” was published . It indicates that, assuming the UK […]

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Latham’s Dell speaks out on redundancies

Latham & Watkins managing partner Bob Dell has today spoken out about the firm’s record 440 layoffs. Earlier today, the US firm announced its plans to cull 190 associates and 250 paralegal and support staff employees (27 Feb 2009). The news followed a profits drop at Latham of 21 per cent for the 2008 financial […]

Building bridges

In restructuring property finance, enforcement is not your only option, says Nicholas Crocker In the current economic climate the most commonly cited cause of borrower default is breach of loan to value (LTV) covenants. It has recently been said that anyone who in the last few years bought at above 70 per cent LTV is […]

Clifford Chance loses further New York litigator

Clifford Chance has lost a further litigation partner from its New Yorkoffice with Vic Siber leaving to join US firm Baker Hostetler. Clifford Chance loses further New York litigator” />Clifford Chance has lost a further litigation partner from its New York office with Vic Siber leaving to join US firm Baker Hostetler. The move comes […]

Catherine Newman
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Maitland wins fraud case for pub chain JD Wetherspoon

Catherine Newman QC of Maitland Chambers has won a High Court victory on behalf of JD Wetherspoon (JDW). Catherine Newman The pub chain accused its former property advisor Van de Berg (VdB), and VdB’s managing director Christian Braun, of fraud during the 16 years it worked with the company. During that time JDW paid the […]

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Camerons advises on Stanford receivership

CMS Cameron McKenna has been appointed to advise the receivers of two Antiguan companies of Texan billionaire Allen Stanford’s group of businesses. The Financial Services Regulatory Commission (FSRC) of Antigua and Barbuda called in Vantis client partners Nigel Hamilton-Smith and Peter Wastell as joint receivers of Stanford International Bank and Stanford Trust Company last week. […]

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