Real Estate

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

Recommended

Corporate

Bank of Scotland offers £214m for Irish-based ICC Bank. Bank of Scotland advised by Credit Suisse Frist Boston (CSFB), Herbert Smith (David Paterson) and A&L Goodbody (James Dudley). ICC Bank represented by HSBC Investment Bank, ABN Amro, Norton Rose (Raj Karia) and Matheson Ormsby Prentice (Tim Scanlon).

Simmons & Simmons partner case declared a mistrial

For the second time this year, jurors in a New York court hearing the case against David Sandy could not reach a verdict. After four days deliberation, the jury voted 11 to one for conviction, unable to reach the majority verdict required. Sandy is charged with concealing the computer business diary of BCCI’s chief executive. […]

Former Sonnenschein managing partner joins Warner Cranston

Peter Borrowdale joins the City firm’s corporate and finance team in January. The move comes after US firm Sonnenschein closed its eight-strong London office at the beginning of this month. Ironically, Warner Cranston and Sonnenschein were in merger discussions earlier this year, but the talks fell through (The Lawyer October 4). Peter Alfandry, Warner Cranston’s […]

Dresdner Kleinwort Benson

This deal is a first for transport financing because Dresdner Kleinwort Benson has agreed to finance the manufacture of rolling stock before a train operator has been found to buy it. Dresdner will fund Alstom’s manufacture of 200 passenger rolling stock vehicles for the London commuter market. This, according to Clifford Chance transport finance partner […]

Torys hires operating officer

Canada-based Torys is taking on a chief operating officer to free up its managing partner to concentrate on client consultation. Alan Pearson is joining from the Deloitte & Touche partnership in Toronto in a role aimed at broadening the management structure to increase coordination between the New York and Toronto offices. A year ago the […]

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