Skadden sets pace by ditching special bonus

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Latest Briefings

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 Indian aviation: India’s new Cape Town convention bill mean for recovery and re-possession of 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 […]

New rules banning harmful gender stereotyping: What financial services clients need to know

By Jeanette Burgess, Louise Power Jeanette Burgess and Louise Power explain the Committee of Advertising Practice’s imminent ban on harmful gender stereotyping and offer their practical advice for financial services clients. What is changing, and why? We reported last year that the Committee of Advertising Practice (CAP) planned to introduce new rules banning harmful gender stereotyping in advertising. […]

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A&O, Addleshaws bag building society sale

Allen & Overy (A&O) and Addleshaw Goddard have won key roles on Skipton Building Society’s acquisition of Scarborough Building Society. The A&O team advising Skipton will be headed up by corporate partner Richard Slynn with employment and pensions advice provided by partners Stefan Martin and Maria Stimpson respectively. Scarborough will be advised by financial services […]

New redundancy consultation puts 76 Eversheds jobs at risk

Eversheds has launched a second round of redundancy talks with 45 lawyers and related support staff, taking the total number of jobs under threat at the firm to at least 76. Those ;affected ;are ­predominantly in the M&A, finance and insurance departments. Within the finance department the ­consultation is focused on real estate and acquisition […]

CME Group goes global with Emea legal hire

The Chicago Mercantile Exchange Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman as legal director and associate ­general counsel for Europe, the Middle East and Africa. The Chicago Mercantile Exchange (CME) Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman […]

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Cadwalader partners launch palace coup as profit crashes

Managing partner Bob Link could be ousted this week as political infighting reaches climax. The partners of Wall Street’s fifth most profitable firm have revolted against their managing partner ­following a disastrous year that has seen their core ­markets collapse. Cadwalader Wickersham & Taft managing partner and former chairman Bob Link will be removed from […]

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Black Solicitors Network elects new chair

The Black Solicitors Network is due to elect a new chair at its AGM tonight (17 November). Vice-chair Cordella Bart-Stewart of North London firm Stewart & Co will succeed Michael Webster of Webster Dixon. The network is at the forefront of promoting diversity in the profession and has just published the third ­edition of the […]

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