Law Society extends its KPMG negligence claims

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Latest Briefings

SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

Case Study: Appleby Hope & Matthews improve productivity with ALB

By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Financing

Mayer Brown & Platt acted for arranger and underwriter Standard Bank London on the underwriting of US$47.5m senior and subordinated facilities for the Wassa Gold project. Ashurst Morris Crisp acted for sponsor Glencar Mining and Clifford Chance acted for subordinated lender Commonwealth Development Corporation.

Weil Gotshal's top fee earner quits over its global strategy

One of Weil Gotshal & Manges highest fee earners, New York litigator Dennis Block, is leaving the firm over disagreements about strategy, including the expense of the London office. It is understood that Block, who is said to have personally taken $2m in profits last year (the firm’s average per-partner profits last year are estimated […]

Number of judicial assistants set to grow

A MAJOR expansion of the Court of Appeal’s judicial assistants scheme was predicted last week by the newly formed Association of Judicial Assistants. Slaughter and May solicitor Trevor Barnes, chairman of the association, said that the Woolf reforms meant judges would need more judicial assistants – first appointed last year to help Court of Appeal […]

Anonymity refused for LAB appeal firm

A London firm battling the withdrawal of its Legal Aid Board (LAB) franchise has failed to retain its anonymity. Three appeal judges, headed by the Master of the Rolls, Lord Woolf, have ruled that if Kaim Todner wants to pursue its challenge it must be identified. The two-partner London firm was granted leave to challenge […]

In brief: Lord Bingham voices legal aid concerns

The Lord Chief Justice, Lord Bingham of Cornhill, expressed concerns about the Government’s legal aid reforms in the annual Barnett lecture at Toynbee Hall last week. Lord Bingham pointed to uncertainty over the availability of insurance at reasonable cost for conditional fee agreements. The speech was welcomed by Heather Hallett QC, chairman of the Bar […]

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