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Latest Briefings

Capital markets round up: December 2018

By John Hamer, Debbie Jackson, Richard Naish,Daniel O’Gorman The second edition of Capital Markets Update- The monthly briefing from the Corporate Group at Walker Morris rounding up the month’s developments within the equity capital markets and looking ahead to next month

Jersey: Changing rights and responsibilities of landlords and tenants

By Katharine Marshall Letting out property in Jersey was once a strictly private affair between a landlord and a tenant but, for some tenants, this came at the risk of uncertainty, an uneven playing field and at worst exploitation. It is now more than five years since the first in a series of laws and regulations […]

Litigation: Enforcement of foreign judgments in Romania

By Ioan Roman, Alexandra Ichim, Anca Baitan Which domestic laws and regulations govern the recognition and enforcement offoreign judgments in your jurisdiction? The recognition and enforcement of foreign judgments in Romania are governed by: • Book VII, Title III of the Civil Procedure Code (Law 134/2010), which was published in the Ofcial Gazette (Part I,545) […]

High Court dismisses BT’s appeal on RPI

By Ian J Gordon, Chris Edwards-Earl BT has lost its attempt to convince the Court of Appeal that it should be able to move away from the retail prices index (RPI) for indexation of benefits for one of the sections of its pension scheme. The Court of Appeal upheld the High Court judgment that RPI had not […]

Guernsey’s code of market conduct

By Ben Morgan, Miranda Dunlop The European Union’s Market Abuse Regulation (MAR) introduced in 2016 continues to present real challenges for businesses seeking to issue certain forms of listed debt securities on any EU regulated market, multi-lateral trading facility or organised trading facility. Guernsey is not part of the European Union and has its own market abuse […]

Recommended

Burges Salmon to slash jobs in major cost-cutting drive

Bristol based Burges Salmon has begun redundancy talks that will see 18 lawyers lose their jobs while trainees are being asked to put off starting their contracts by a year. Burges Salmon to slash jobs in major cost-cutting drive” />Bristol headquartered Burges Salmon has begun a redundancy consultation that will see 18 lawyers lose their […]

LTV times

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 […]

12

Revealed: A&O to axe half of its leveraged finance practice

Dismal market sees banking team hit hardest after banks retreat from the leveraged arena Allen & Overy (A&O) is to drastically scale back its core leveraged finance team after a dearth of buyout activity has driven leveraged markets to an all-time low. Five partners, whose names are known to The Lawyer, will leave A&O’s leveraged […]

2

Bakers launches second redundancy round

Baker & McKenzie has launched its second London redundancy consultation in as many months, seeking to make up to 85 staff redundant. Between 20 to 30 lawyers are set to be affected, with around half of those coming from the corporate practice. Between 20 to 30 secretaries and 20 to 25 support staff positions will […]

33

DLA Piper lambasted by staff over payoffs

The scale of unrest at DLA Piper has been revealed in the minutes of a meeting between senior staff and employee representatives regarding the firm’s redundancy programme. The meeting was held shortly after the firm last month announced that it was to lose 30 lawyers and 110 support staff in the latest round of cuts. […]

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