Paul Weiss hit by $80m Citibank-WorldCom suit

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Latest Briefings

Blog: Application for an inquest into Alfie Evans’ death is without merit

By Bridget Dolan QC R (Allman) v HM Senior Coroner for Liverpool and Wirral The short and desperately tragic life of Alfie Evans, and his parents’ heart-rending fight to have him transferred to Rome for continuation of his life sustaining treatment, has recently been fully played out in the public arena. The public hearings in the […]

Implications of a ‘no Brexit deal’ on business structuring, accounting and audit

By Alison Johnson As 29 March 2019 draws ever closer and Brexit withdrawal negotiations continue, the UK government has started to release a series of technical notices outlining the implications of a “no Brexit deal” on certain key topics and industries. Noting that changes in business structuring, accounting and audit will be of interest to […]

Mortgage portfolio transfers – How a stitch in time saves nine

By Abigail Hadfield Inadvertently failing to transfer the legal title to even a handful of mortgages following a portfolio acquisition can be a costly mistake. The secondary market in residential mortgage books is thriving, and purchasers are increasingly being caught out by this apparently simple issue. In the majority of cases, a suitably-worded power of […]

Governing law and jurisdiction clause in contracts

By Gordon Bell, Tom Price, David Lowe Governing law and jurisdiction or dispute clauses are two distinct things. Governing law is the substantive law of the contract and dispute resolution clauses are the clauses that tell you where and how your dispute is going to be resolved. They are very different. One does not imply the other and […]

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CC’s US associates get pay rise; Brits will have to wait

Clifford Chance is the first UK-headquartered firm to raise its associate base salaries in America. A spokeswoman for the magic circle firm said there were no plans to match the salary raises for its associates in the UK. An internal memo to US-based associates from US managing partner Craid Medwick and New York-based litigation partner […]

Redundancies set to hit Court of Appeal

The Court of Appeal’s will be forced to make redundancies during the next year due to financial restraints. In the Court’s 44-page annual report, the head of the civil appeals office and master David Gladwell said that the department will have to lose three staff members. This follows the cut of six posts in the […]

Elborne Mitchell bags Kim Jong-Il litigation

City insurance boutique Elborne Mitchell has snared first-time instructions from North Korean dictator Kim Jong-Il. The cash-strapped regime has sued London-based underwriters for £30m in outstanding reinsurance claims. Elborne Mitchell reinsurance partner Timothy Akeroyd put the new client win down to the firm’s growing reputation in Asian countries such as China and Japan. State-owned monopoly […]

Green tea

Last week the Government announced a new initiative aimed at making the UK the world leader in terms of carbon offsetting schemes. But it appears Simmons & Simmons needs no such help. News reaches Tulkinghorn that the firm has introduced recyclable cups in its cafeteria. In keeping with the eco drive, managing partner Mark Dawkins […]

Pinsents elevates standing of secretaries with typing outsourcing strategy

Pinsent Masons has signed a three-year deal to farm out its bulk typing and transcription services to South Africa as part of a move to change the role of its secretaries. The firm has been running a pilot with outsourcing company Exigent for almost a year to free up secretaries’ time for more sophisticated tasks. […]

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