Simmons to export rail capability

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Latest Briefings

Consultation on two new consumer credit policies

By Rob Aberdein Following on from the recent budget, HM Treasury has published a consultation on two new consumer credit policies. The consultation builds upon the Government’s call for evidence which was concluded in January 2018 and on existing successful practice in the Scottish Debt Arrangement Scheme (DAS).  The consultation offers businesses and organisations on both […]

Application of QOCS to defendants counterclaiming in personal injury

By Rebecca Livesey In County Courts around the country over the past year, it has become ‘fashionable’ to argue over the meaning of the word “proceedings” in CPR r.44.13. The essential question is whether a Defendant, by virtue of bringing a counterclaim including personal injury, is afforded QOCS protection against the Claimant such that any orders […]

One rating assessment to be applied to neighbouring floors occupied by same business

By Matthew Forrest Businesses operating across different floors of a building, or other separate but neighbouring units, are now more likely to have their premises assessed together for business rates. The Rating (Property in Common Occupation) and Council Tax (Empty Dwellings) Act 2018 came into force on 1 November 2018.  The Act delivers on the […]

Austria adopts new environmental package

By Sandra Kasper, Philipp Strondl  On 25 October 2018 Parliament adopted a new comprehensive environmental package comprising: the Aarhus Participation Act; an amendment to the Environmental Impact Assessment Act; and an amendment to the Federal Environmental Liability Act.

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 […]

Recommended

Banking on the rich

Coutts, private bankers to the royal family and the landed aristocracy, might still epitomise private banking in the UK more than any similar institution, but UK private banking faces some big challenges. Competition for private clients’ money is greater than ever and is coming from every conceivable corner of the financial services industry. The management […]

CORPORATE

Bodycote buys US-based Lindberg for $164m (£109.9m). Bodycote advised in the UK by Eversheds (Edward Pysden), and in the US by Pray Walker Jackman Williamson & Marlar (Terry Doverspike) and Jones Day Reavis & Pogue (Jere Thomson). Lindberg advised by Bell Boyd & Lloyd (John Bitner).

REAL ESTATE AND PROJECTS

Incubator company Technology and Internet Property Services (Tips) makes its first property investment with the £5.6m acquisition of a north west London office building. Tips advised by Kingsley Napley (Francis Weaver and David Moss). Vendor advised by Amhurst Brown Colombotti (Nigel Forsyth, Eric Gummers and Madeline Ball) and Robinson Rushen (Keith Rushen and John Quarmby).

fairview holdings

The public-to-private buyout of listed company Fairview Holdings kept the legal advisers involved on their toes. Norton Rose advised the Bank of Scotland, Barclays Bank, Lloyds TSB and the Royal Bank of Scotland on putting together the senior debt on the deal. Of those, three banks were responsible for funding the mezzanine layer of debt. […]

Sidleys cleans up on synthetics

The London office of Sidley & Austin has completed the first known synthetic securitisation in Europe on a portfolio of credit default swaps. The firm advised Banca Commerciale Italiana as arranger on the deal, where it bought credit protection from an Irish vehicle called Scala Synthetic 2 through credit default swaps on a euro750m (£472.6m) […]

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