Property lawyers top professional indemnity hit-list

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Ashursts the loser as British Telecom gets tough on fees

Ashurst Morris Crisp’s relationship with British Telecom (BT) was bedevilled by a row over fees prior to the firm’s exit from BT’s panel, The Lawyer can reveal. The firm advised BT on its massive £2.3bn property outsourcing in 2001. It is understood that a problem with Scottish stamp duty meant that the deal was not […]

Dresdner Kleinwort to create US, Asian panels based on UK model

German investment bank Dresdner Kleinwort Wasserstein is set to launch legal panels in the US, Japan and Singapore following a successful pilot scheme in the UK. A further German panel is likely to follow. Global head of legal services Stephen Lowe, who is leading the review with assistance from the bank’s procurement division, said the […]

Travers Smith in management instruction on Hamleys’ MBO

Travers Smith Braithwaite saw off competition from two rival law firms to scoop the mandate on the public-to-private buyout of toy emporium Hamleys. The management buyout, which values Hamleys at £47.2m, was backed by Iceland’s largest retailer Baugur and headed by the toy shop’s chief operating officer John Watkinson and finance director Ian Parker. Baugur […]

Two partners jump ship from Gray Cary

West Coast-based Gray Cary Ware & Freidenrich has been hit by the departures of two partners as it struggles to return profitability to its former level Litigation partner and white collar crime expert Walt Brown has joined Orrick Herrington & Sutcliffe after just two years at Gray Cary, while insurance coverage partner Martin Myers moved […]

Too many lawyers sees Cadwalader sell office

Cadwalader Wickersham & Taft may soon see its New York headquarters turned into chic designer digs after putting the 325,000sq ft office up for sale. The firm has decided to sell the space at 100 Maiden Lane in downtown Manhattan after outgrowing it. The building is made up of three 80-year-old blocks that were consolidated […]

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