Mercedes panel review forces firms to explain bills

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Latest Briefings

Issues concerning construction and enforceability of settlement agreements

By Craig Orr Zurich Insurance v Hayward has drawn attention to the scope for parties to re-open settlements when new evidence disproving the other side’s case later emerges. Craig Orr QC considers this and other issues concerning the construction and enforceability of settlement agreements, by reference to modern English and Commonwealth authority.

Romanian Competition Council’s conclusions on retail banking sector inquiry

By Iustinian Captariu, Theodora Stoica Following the adoption of EU Directive (EU) 2015/2366 of the European Parliament and Council of 25 November 2015 on payment services in the internal market (“PSD2”), the Romanian Competition Council (the “RCC”) launched in 2016 a comprehensive study of the Romanian retail banking market. PSD2 is expected to fundamentally change the way […]

Canada: Federal government to implement Wells v Canada

By Jaimie Lickers, John J. Wilson Yesterday, representatives of the federal government and the Qalipu Mi’kmaq First Nation of Newfoundland announced that – as a result of the litigation advanced by Gowling WLG – it will reassess approximately 58,000 membership applications for membership denied on the basis of the evidentiary criteria set aside in Wells v. Canada. […]

MPs can depend on government to renegotiate as part of meaningful vote

By Kieran Laird In the political tempest of the last couple of days it would be easy for a report by a Parliamentary committee to slip under the radar unremarked. However, today’s report by the Commons Procedure Committee concerns the very live issue of the form of the motion on which MPs will have their meaningful […]

Can the UK reverse out of Brexit?

By Kieran Laird In a few weeks MPs will be asked to vote to approve the Withdrawal Agreement and political declaration on a future trade deal negotiated by the government. At present, the mood music is that many – both pro- and anti-Brexit – dislike the package. However, whether or not they vote against it will, […]

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Barclays drops case that broke Links’ JPMorgan relationship

Barclays has dropped the New York dispute against Bear Stearns that cost Linklaters its client relationship with JPMorgan. Bloomberg reported that Barclays settled the case against former Bear Stearns hedge fund managers earlier this week. JPMorgan, which bought Bear Stearns last year, booted Linklaters off its global panel in June 2008 after the firm continued […]

Moves roundup: 16 February 2009

DWF has recruited new corporate partner Peter Allen from Barlow Lyde & Gilbert, where he was an equity ­partner. He will be based in Manchester. MOVE OF THE WEEK DWF has recruited new corporate partner Peter Allen from Barlow Lyde & Gilbert, where he was an equity ­partner. He will be based in Manchester. Allen […]

Norton Rose gets picked for mining merger

Russian gold producer Peter Hambro Mining has turned to Norton Rose ­partner Simon Cox for advice on its proposed merger with iron ore company Aricom, from which it demerged in 2003. Cox also advised Peter Hambro on a share placing that raised $105m (£74.16m) for the company. Historically Cox has been retained by both Peter […]

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Halliwells uses assets as security on RBS loan

Halliwells could see its bank move in and seize its assets in the event of financial difficulties under the terms of a debenture agreement signed with Royal Bank of Scotland. According to a debenture filed with Companies House at the end of last year the firm’s property, fixtures and fittings, LLP goodwill and IP are […]

Slaughters leads on Land Securities rights issue

Land Securities has turned to stalwart adviser Slaughter and May for advice on its £755.7m rights issue. Slaughters has a longstanding relationship with the property giant and recently advised it on the £444m sale of Land Securities Trillium to Telereal (9 January). On the rights issue, the Slaughters team was led by corporate partner Gavin […]

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