Latin co-ordination

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Latest Briefings

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Pimlico Plumbers – contract matters and the ‘gig’ economy

By Alex Mellis The ‘gig’ economy cases, scattered throughout the different tiers of varying jurisdictions of courts and tribunals, excite much interest when the latest decision is published and flashed across the media. The recent decision of the Supreme Court in Pimlico Plumbers & Anor v Smith, handed down on 13 June 2018, will be no […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

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The legal world's soothsayer

Richard Susskind sees himself more as a legal traditionalist than an IT evangelist. Listening to Richard Susskind talk about the future of the British legal system, makes one wonder if the 19th century Luddities who roamed the countryside smashing spinning looms had a point. Indeed, his vision of the future could be enough to make […]

CC caught up in Montanaro row

Clifford Chance has been drawn into a row between Montanaro Holdings and three of its company’s ex-directors. Montanaro is claiming that the law firm’s company secretarial arm, Clifford Chance Secretaries Ltd, is responsible for an invalid board meeting. The allegations come as three of the company’s directors James Baker, James Cotton and David Shapiro who […]

Firms mount bid to block restrictive Hungarian law

FOREIGN lawyers in Bud-apest have launched a last-ditch effort to persuade the Hungarian government to rethink a proposed new law restricting their ability to practise in the country. The proposed law is currently before a parliamentary committee, which is expected to decide the final shape of the bill. As it stands, the ruling would require […]

Slaughters and Linklaters scoop mega-merger fees

Linklaters corporate partner Stephen Boughton has scorned reports that the advisory fees for the world’s largest ever deal – the £43bn SmithKline-Glaxo merger – could be as high as £400m. “I can’t understand how they have got such a large figure,” he said. His comments follow a claim by Philip Healey, the editor of Acquisitions […]

Moscow movers and shakers

In the former Soviet Union, consolidation and strengthening is making some firms more equal than others, writes Chris Fogarty Moscow-based international lawyers say a two-tier structure is emerging between the larger, more prominent firms and smaller, struggling practices. Sixty eight firms have offices in the city. According to observers, a core of four British and […]

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