Lehman Brothers raids GE for MD

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Local authority consortium cuts legal costs with shared nine-firm panel

A consortium of 18 local authorities in the south of England has slashed its legal costs by up to a third by selecting a combined legal panel. The local authorities’ combined average annual legal spend is £1m, with the panel firms offering reduced rates from £150-£200 an hour to a lower rate of £100-£150 an […]

UK 100 reveals diminishing equity partnerships

The Lawyer UK 100 Annual Report 2006, published today (4 September), has revealed for the first time the extent to which equity partnerships are shrinking at the UK’s top firms. DLA Piper‘s equity partnership shrank from 31 per cent to just 29 per cent last year. On this basis its average earnings per partner (EPP) […]

WilmerHale and Willkie partners guilty of misconduct

The summer has not been rosy for WilmerHale or Willkie Farr & Gallagher after both firms saw former New York partners suspended from practice for misconduct. As revealed on www.thelawyer.com (2 August), former Willkie tax partner Patrick Carmody was suspended for one year after being caught billing clients for around 129 hours, or $30,000 (£16,000) […]

Ryanair picks Howrey to sue UK government

Howrey has landed instructions from Ryanair as the low-cost airline launches a claim against the government for declaratory relief following the recent security alerts. London-based litigation partner Peter Fitzpatrick is acting for Ryanair, instructing One Essex Court’s Alan Griffiths. The claim was filed in the High Court today (Friday 1 September) against the Secretary of […]

North West firm appoints non-lawyer chair

North West firm Mace & Jones has hired the former chief executive of financial services firm Rathbone Brothers as its first ever non-lawyer chairman. Roy Morris joins the firm in the newly-created role to help further its growth across the region. He is currently a non-executive director of Rathbone Brothers, having previously been its managing […]

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