Non-exec role needs careful consideration

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Latest Briefings

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Pimlico Plumbers – contract matters and the ‘gig’ economy

By Alex Mellis The ‘gig’ economy cases, scattered throughout the different tiers of varying jurisdictions of courts and tribunals, excite much interest when the latest decision is published and flashed across the media. The recent decision of the Supreme Court in Pimlico Plumbers & Anor v Smith, handed down on 13 June 2018, will be no […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

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Separated at birth

It’s summer so it must be Big Brother. Sadly, this year it’s even more inescapable than ever, with countless hugely annoying contestants and wall-to-wall coverage 24 hours a day, probably until Christmas. Mrs Tulkinghorn is in reality TV heaven. Talking of annoying contestants, none has been more unpopular than this year’s first evictee, Sezer. The […]

Linklaters’ new senior partner warns against complacency

Linklaters’ new senior partner warns against complacency” />Linklaters senior partner-elect David Cheyne has pledged to drive forward the firm’s current strategy in the wake of his high-profile election. Although the former corporate head is widely viewed as leading the most hawkish constituency in the firm, he insisted he was fully behind the route espoused by […]

Davis Polk loses NY star to Freshfields London office

Freshfields Bruckhaus Derringer has bolstered its London restructuring and insolvency capability with the star hire of Nick Segal from the New York office of Davis Polk & Wardwell. Segal, who made the unusual move to join Davis Polk from the London office of Allen & Overy in 2003, is understood to be returning to the […]

Assurant names European senior counsel

Assurant Solutions has appointed its first European senior counsel as it looks to expand its operations in Europe. Tara Caithie joins from the legal team at RBS Insurance, the insurance arm of Royal Bank of Scotland, and will assume the roles of company secretary and senior counsel UK and Europe. She will head the legal […]

Ogier gets in first with ICCs in jersey

Offshore law firms have been talking about incorporated cell companies (ICC) for so long that they were beginning to look like an urban myth. But the first two transactions have now been completed with Ogier winning a role on both deals. ICCs are a company made up of different cells that contain different assets, but, […]

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