McDermott raid strengthens White & Case finance disputes team

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Latest Briefings

Supreme Court renders judgement in cases regarding ‘per-element’ approach to Dutch tax consolidation regime

The Supreme Court rendered its judgement in two cases regarding the “per-element approach” to the Dutch tax consolidation regime (fiscal unity). The cases concern: a Dutch interest deduction limitation rule, and; the (non-)deductibility of currency losses on certain participations. On 8 July 2016, the Supreme Court raised preliminary questions to the Court of Justice of the […]

Brazilian democracy and election changes

By Ricardo Junqueiro Getúlio Vargas once said that Brazil fears nothing in the present, prides itself on the past and relies serenely on the future. It is very doubtful that the phrase maintains any type of actuality in the days that run. Neither does the present allow us to dispel fears (on the contrary). Not even the […]

Points to be taken care of if you owe money and can’t pay it back

By David Asker With the average total debt of £58,658 per household in July 2018, based on these figures the total interest on payments over a 12- month period stands at just under £50 billion. On a more relatable level, the celebrity Katie Price is allegedly three weeks away from bankruptcy. Katie is due to […]

Residential leasehold reforms supported by the government

By Melissa Barker, Michael Callaghan The government has issued its long-awaited consultation setting out more details about its proposals to ban the sale of houses by granting the buyer a long lease and to ban ground rents in all new residential leases. The proposals will not affect existing leases of houses or flats. The government announced […]

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Bryan Cave breaks off from Squire Sanders merger talks

The proposed merger between Bryan Cave and Squire Sanders & Dempsey has collapsed after the two firms failed to reach agreement over the structure of the tie-up. Partners were informed of the news last night (31 July) after more than six months of discussions between the firms. The Lawyer understands that one of the reasons […]

TLT lockstep shift rewards equity partners

South West-based TLT Solicitors has finalised a review of its lockstep, with up to 13 per cent of the firm’s net profit to be distributed through bonuses to high-performing equity partners. Up to 10 per cent of profit will be distributed for exceptional performance, with another 3 per cent awarded to three senior partners for […]

Terra Firma retains Lovells on Europe’s largest CMBS despite defections

Lovells has maintained its relationship with private equity house Terra Firma to advise on a landmark securitisation, even though the firm lost the original partner on the deal to Clifford Chance. It is understood that Lovells won the mandate because arranger Citigroup had already instructed Clifford Chance, and therefore the magic circle firm was conflicted. […]

The Smoke gets in reprise

Ever a catalyst of progress in the legal world, City firms took note of The Lawyer’s In-House Interview last month (24 July), in which Bristol City Council legal head Stephen McNamara took a swipe at their macho, long-hours culture. But one firm rejected the charge entirely. So sure, in fact, of its innocence is a […]

M&A teams face threat from associate drought

London’s top City firms are struggling to cope with the M&A boom due to a drought in corporate assistants that has left them unable to adequately man deals. According to exclusive research by The Lawyer, firms have hit a brick wall in trying to recruit corporate assistants with two to four years’ PQE. Berwin Leighton […]

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