Salans forges transatlantic merger

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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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Next week's news

On Wednesday, the Law Society’s council meets in private to discuss the new presidential team’s plans for reform. On Thursday it will discuss the SIF crisis. Will there be further dithering over a problem which emerged two years ago?

In brief: Student barristers open legal advice clinic

Student barristers at the College of Law are to open a legal advice clinic on Chancery Lane, advising members of the public on a pro bono basis. It will be opened by the Bar’s pro bono unit chairman Peter Goldsmith and has also been welcomed by Solicitors’ Pro Bono Group director Peta Sweet.

Financings

Steven Sugar of Forsters, the firm formed by Frere Cholmeley Bischoff partners after that firm’s August takeover by Eversheds, advised Warner Village Cinemas on its raising of a $300m multicurrency facility from a syndicate of banks led by Chase Manhattan and ANZ Investment Bank. Stephen Kensell of Allen & Overy advised the banks.

Clifford Chance aids panic prevention CD

CLIFFORD Chance has played a key role in producing a CD-Rom which aims to help companies cope with disasters such as the loss of a major customer, kidnapping or workplace violence. The firm’s head of public policy Richard Thomas joined with experts from the fields of communications, law, finance, insurance, security and risk management to […]

Flotation

Bruce Johnston and Giles Frost of Wilde Sapte advised De Nationale Investeringsbank NV and Bayerische Hypo-und Vereinsbank on the £60m financing of an electricity generator plant.

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