Orrick axes 40 lawyers; London gets off lightly

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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White & Case to cut staff in US and London offices

White & Case to cut staff in US and London offices” />Ten jobs are on the line at White & Case’s London office as part of a global review that will also reduce the firm’s headcount in the US by 9 per cent. The review will see 70 lawyers culled from the firm’s five US […]

Trio scores Mitsubishi sale

Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn deal as Mitsubishi Rayon swoops for UK chemicals company Lucite. Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity firm Charterhouse. Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK for their […]

Covington enters Middle East alliance

US firm Covington & Burling has signed a strategic alliance with Qatar-based firm Institution Quraysh for Law & Policy. The move is part of Covington’s international expansion plan. In July the firm launched an office in Beijing, but has yet to open in the Middle East. Institution Quraysh has offices in Qatar, Saudi ­Arabia and […]

SRA comes under fire in Beresfords tribunal

The Solicitors Regulation Authority (SRA) was accused of ignoring “false information” and holding a “biased” investigation, as the disciplinary tribunal against the coalminers lawyer Jim Beresford continued today. Beresford, of Doncaster-based firm Beresfords Solicitors, and his colleague Douglas Smith have been accused of 11 counts of misconduct over alleged making excessive amounts of money out […]

Slaughters advises on Santander rights issue

Slaughter and May has teamed up with best friends Davis Polk and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughter and May has teamed up with best friends Davis Polk & Wardwell and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughters corporate partner Roland Turnill (pictured) has […]

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