New Viacom CEO strengthens bond with Shearman

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Latest Briefings

Companies to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

Commercial Court dismisses allegations of fraud in connection with forex demo accounts

By Robin Henry, Jean-Martin Louw In a highly critical Commercial Court judgment, Mr Justice Knowles has described two investment funds’ allegations of fraud against a forex trading firm as “an elaborate and expensive, unmeritorious attempt” to “throw off their responsibility onto the shoulders of the defendants”. Background The claimants’ business model was to offer investors equity in […]

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BLP makes third CC raid to snare new head of real estate litigation

Berwin Leighton Paisner (BLP) head of real estate Robert MacGregor has raided his former firm Clifford Chance for a third time to snare a new head of real estate litigation. Since stunning the legal market with his move to BLP in December 2004, MacGregor has raided the magic circle firm for his two most trusted […]

Hill Dicks merges with Hill Taylor Dicks to create Hill Dicks

Liverpool’s Hill Dickinson has merged with London shipping boutique Hill Taylor Dickinson, adding a further 20 partners to the North West firm. The new firm will drop the ‘Taylor’ and be known as Hill Dickinson. Hill Taylor Dickinson managing partner Malcolm Taylor said: “London is a key area of growth for both firms.” The merger […]

Free trade

Due to a host of tax and other incentives, Switzerland has made itself a centre for commodities trading. By Marc Gillieron For many years Switzerland has been home to a number of large international trading companies whose businesses focus on trading commodities. The commodities themselves – principally oil, petroleum products, grains, sugar and cotton – […]

A&O risks conflicts row on United Biscuits dual roles

Allen & Overy (A&O) has been shaken by another conflicts wrangle after taking dual instructions on the multimillion-pound auction of United Biscuits. A&O, led by corporate partner David Wootton, is advising long-term client United Biscuits, the maker of McVitie’s biscuits and Hula Hoops, on its multimillion-pound auction. However, it has emerged that the firm is […]

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Mine yield

Avalon Solicitors’ profit this year hit the headlines as much for how it was made as how much was made. But a Law Society investigation into its dealings will not alter the firm’s growth strategy Andrew Nulty, the senior partner of Warrington-based ’class action’ boutique Avalon Solicitors, shows no signs of regretting telling The Lawyer […]

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