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Latest Briefings

Law Commission consultation on leasehold enfranchisement reform

By Karl Anders, Zoe McLean-Wells The Law Commission has undertaken a “root and branch review” of all aspects of enfranchisement law and is consulting on detailed and wide-ranging proposals for reform. Housing Management & Litigation experts Karl Anders and Zoe McLean-Wells summarise some of the headline proposals and urge stakeholders to have their say before the extended […]

Busy lenders’ round-up: December 2018

By Deborah Sheldon Welcome to TLT’s busy lenders’ monthly round-up. Each month we summarise the latest news and developments in retail mortgage lending and regulation.

Financial Reporting Council has launched new code for the corporate governance

By Alice Gardner A new code for the corporate governance of large private companies has now been launched by the Financial Reporting Council. Known as the Wates Principles, the new code is made up of the following six principles: Purpose and leadership Board composition Director responsibilities Opportunity and risk Remuneration Stakeholder relationships and engagement

Slovenia: Right to be heard in dawn raid

By Urša Kranjc In October 2018 the European Court of Human Rights (ECHR) granted Produkcija Plus doo (Pro Plus) €52,500 in compensation after its right to be heard was violated in the proceedings relating to the fine imposed for obstructing the dawn raid. Facts Suspecting that Pro Plus was abusing its dominant position, the Competition Protection […]

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Recommended

Martineau grows profit 48 per cent as strategy pays off

Birmingham-based Martineau Johnson has grown average profit per equity partner by 48 per cent to £260,000. The jump from £176,000 last year comes despite an expansion of the equity from 17 to 20 partners. The firm has an additional 28 fixed-share partners. Managing partner Bill Barker says that in the past two years lateral hires […]

Latham raids Davis Polk for structured finance hire

Latham & Watkins has raided the New York office of Davis Polk & Wardwell for a structured finance and capital markets partner. Witold Balaban has joined Latham’s New York corporate department as a partner as of today (5 June). Kirk Davenport, global chair of Latham’s corporate finance group, said Balaban’s breadth of experience complemented the […]

Separated at birth

All great teams need a guy with brains to lead the operation. And it seems professional paranormal investigation and elimination agency Ghostbusters and US law firm Katten Muchin Rosenman have both picked the same crazy scientist to come up with the big ideas. By the look of things, Egon (played by actor Harold Ramis in […]

Clydes’ pay hikes track magic circle salary levels

Clyde & Co has posted above average pay rises for its trainees and newly qualified (NQ) solicitors in a bid to keep pace with the magic circle. The top-20 firm has boosted its NQ rate by 6 per cent from £60,000 to £64,000 – just short of the magic circle salary range of £65,500 to […]

Cadwalader names new financial restructuring chief

Cadwalader Wickersham & Taft has appointed Deryck Palmer as co-chairman of the firm’s financial restructuring department. The firm announced today (10 June) that Palmer, formerly a partner at Weil Gotshal & Manges who joined Cadwalader in 2007, is to join Bruce Zirinsky in managing the 65-member team of lawyers. “Deryck has all of the qualities […]

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