O’Melveny taps private equity house for Asia hire

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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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Jones Day ventures down Mexico way

Jones Day has opened its first office in Latin America by launching an eight-partner branch in Mexico City. The office was created after Jones Day merged with local firm De Ovando y Martinez del Campo and will focus on corporate, finance, ­infrastructure and real estate work. Fernando de Ovando will run the office, which also […]

Weil Gotshal figures reveal slight revenue rise

Weil Gotshal & Manges has reported a 4 per cent hike in global revenue for the 2008 financial year. The US firm’s revenue increased by 4 per cent from $1.18bn in 2007 up to $1.23bn in 2008. This compares with a 12.4 per cent hike last year from $1.05bn in 2006. In 2008, Weil Gotshal […]

Web week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com. Woof justiceSome niche practices appear not to be affected by the credit crunch. Dog bite litigation in Pennsylvania, for […]

Cobbetts upped borrowings by £4.3m in 2007-08 LLPs reveal

Cobbetts increased its bank loans and overdrafts by £4.3m from 2007 to 2008 – the equivalent of almost 10 per cent of total firm turnover – according to LLP accounts filed by the firm for the 2007-08 financial year. Bank loans and overdrafts totalled £2.1m in 2006-07, but they rose to £6.5m in 2007-08. Turnover […]

Fried Frank hit by another European raid

French independent De Pardieu Brocas Maffei has raided the Paris office of Fried Frank Harris Shriver & Jacobson, snaring a seven-lawyer team. The group includes corporate partner Patrick Jais and intellectual property specialist Barbara Levy, both of whom joined Fried Frank in 2005 from French boutique, Veil Jourde. The team joined De Pardieu yesterday. This […]

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