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Latest Briefings

Blog – Childbirth and primary victim claims for mothers

By John de Bono This is the clear takeaway from Whipple J’s powerfully reasoned judgment in YAH v. Medway Foundation Trust, judgment 5th November 2018. The facts are typical of many cerebral palsy cases. The Claimant’s daughter was born after a negligent delay in intervention in the face of signs of fetal distress. The Claimant […]

Criticism of the Government’s decision to introduce an extra death tax

By Nicola Preston A Birmingham barrister has raised concerns over the Government’s move to increase probate fees claiming it is an additional ‘death tax’. Under the new rules, estates worth £2m or more will pay £6,000 in probate fees, which is a 3,770 per cent increase on the current £155 fee. This is a reduction on […]

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

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Spitzer probe hands Clydes work

Clyde & Co has picked up 10 mandates in London relating to the investigation launched by US Attorney General Eliot Spitzer into broker Marsh & McLennan (M&M). These include an instruction from Munich Re to look at the terms and conditions of its broking relationships. It is understood that Munich Re beauty-paraded four law firms […]

From law to Channel 4

Thinking of a change of scene in the new year? Patrick and Colette Bergot, tired of commuting, left their legal careers behind them for a French château. They also had the experience filmed for Channel 4. The Lawyer finds out why Earlier this year Channel 4 told the story of two City lawyers who gave […]

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Swiss bar on Castor director’s funds leaves Daimler in the cold

Mammoth 12-year international fraud case sees Swiss and UK courts at odds. By Brendan Malkin In a little-known scandal which rivals the Maxwell pension fraud in scale, DaimlerChrysler Canada more than $1bn (£520m) from its pension fund in 1992 after it was defrauded by bankrupt Canadian investment company the Castor Group. The US car giant […]

Lovells creates Chinese walls for Tube Lines sale

Lovells has installed Chinese walls to advise Star Capital Partners on its plann-ed acquisition of the Tube Lines stake belonging to em-battled services group Jarvis. A team of London lawyers, headed by partner Philip Brown, is advising Star Capital and SMIF, Star’s secondary market fund, in exclusive negotiations with Jarvis. Reports say the Tube Lines sale could fetch […]

Clifford Chance to save £40m as Childs wields axe on costs

£100K profit hike predicted for equity partners as magic circle firm slashes internal bureaucracy Clifford Chance to save £40m as Childs wields axe on costs” />Clifford Chance’s aggressive cost-cutting drive is set to yield a massive saving of £40m next year – £15m more than originally predicted by chief operating officer (COO) David Childs. The […]

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