Shearman raids three firms for Houston launch

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Latest Briefings

Emergency Legal Kit for Business – personal data protection in Romania

This Law transposes the Directive (EU) 2016/680 on the protection of natural persons with regard to the processing of personal data by competent authorities for the purpose of the prevention, investigation, detection or prosecution of criminal offences or the execution of criminal penalties, and on the free movement of such data, and repealing Council Framework […]

Draft Karnataka Maternity Benefit (Amendment) Rules, 2018

The Maternity Benefit Act, 1961 (MB Act) was amended vide the Maternity Benefit (Amendment) Act, 2017 (2017 Amendment) to grant certain additional benefits to eligible women employees. As part of the 2017 Amendment, the provision of a crèche facility was made effective from 1 July 2017 as a mandatory requirement for every establishment with 50 […]

Insolvency in aviation: what India’s new bill means for leased aircrafts

Leasing of aircrafts is a prevalent market practice in the aviation industry, and all existing airline operators in India have currently leased a significant number of aircrafts in their fleet. In fact, a sizeable debt in the books of these operators is in connection with such leasehold arrangements. Insolvency proceedings in India, including the aviation […]

Supreme Court confirms commercial tenant’s statutory right to a renewal lease

By David Manda, Ruth Ormrod The Supreme Court has confirmed, in the case of S Franses Ltd v Cavendish Hotel (London) Ltd that a landlord cannot oppose a tenant’s right to renew its tenancy on the grounds of redevelopment or reconstruction if there would be no intention to carry out the proposed works should the tenant vacate voluntarily.  Walker […]

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Seoul

Shearman set to follow US rivals with South Korea launch

Shearman & Sterling is edging towards a launch in South Korea with plans to open in Seoul by the end of the year, The Lawyer understands. The US firm is understood to be awaiting regulatory approval to launch in the region, which could take up to several months. The office would be the third to […]

High Court

Taylor Wessing client Grant Thornton to pay damages in negligence dispute

Manchester Building Society (MBS) has been awarded damages of £315,000 after Taylor Wessing client Grant Thornton admitted negligence over the assessment of a non-recoverable financial loss totaling £48.5m. The accountancy firm admitted its negligence from the outset, which Mr Justice Teare took into account when making his judgment in the High Court’s Commercial Court. He said […]

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