Takeover Panel extends director’s incumbency

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Latest Briefings

Law Firm Survey 2018

By Giles Murphy Finding and retaining those talented individuals is becoming more difficult. Not only must law firms contend with traditional rivals, but also with new entrants, such as the Big 4 accountancy firms. At the same time, firms are looking to shore up their businesses with increasing specialisation and geographic expansion. Mergers and acquisitions […]

Legal technology: Looking past the hype

Did the expression “UK Legal Tech Landscape” once make you excited and now make you groan? Increasingly you are not alone. Overblown promises and a lack of clear solution-based thinking has driven confusion and disillusionment with legal technology. This is due, in part, to the fast pace of change in the legal industry and the […]

Approval of changes in Debt Arrangement Scheme in Scotland

By Rob Aberdein In August 2018 Rob Aberdein explained proposed changes to the Debt Arrangement Scheme (DAS) in Scotland. The legislation enacting those changes has now been approved by Parliament and the new regime will come into force on 29 October 2019.  The legislation and guidance can be viewed here.

ICO continues to undertake enforcement action under the Data Protection Act 1998

By JP Buckley The ICO continues to undertake enforcement action under the previous Data Protection Act 1998. It applies where the breach was before 25 May 2018, when the GDPR and Data Protection Act 2018 came into force. We have seen from recent enforcement action that the trends continue… data protection and security is not […]

Recommended

Milbank sees Gatsby through £130m Sainsbury’s disposal

Milbank Tweed Hadley & McCloy has sealed its first deal for Sainsbury’s shareholder the Gatsby Charitable Foundation after advising on its disposal of £130m of shares in the company. Milbank partner Tim Emmerson secured the mandate after a referral from Gatsby’s financial adviser Gleacher Shacklock. Emmerson worked alongside Gleacher senior partner Edward Cumming-Bruce on the […]

Rödl & Partner sees legal turnover hike

German multidisciplinary firm Rödl & Partner has reported a sharp increase in the turnover of its legal services arm. Global turnover generated from legal and tax consulting jumped by 16 per cent to E50m (£34.4m) in 2004. Meanwhile, global firmwide turnover increased by 3 per cent to E151m (£103.8m) for the same period. Co-founder and […]

Urning their keep

Taylor Thomson’s fight with Christie’s is going to appeal, bringing together Sumption and Grabiner for another round in the courtroom. Jon Robins reports on the ongoing battle over a couple of vases Last month’s appeal in the highly-publicised legal action by Taylor Thomson and the venerable auction house Christie’s has been dubbed in these pages […]

Home rules

In an attempt to curb ‘artificial’ schemes that help people avoid paying inheritance tax, the Revenue is trying a new tack. But as Matt Wakefield reports, the revision needs revising In recent years, the Inland Revenue has become increasingly frustrated by the widespread use of ‘artificial’ schemes to save inheritance tax (IHT), in particular on […]

Richards Butler given pre-merger profit ultimatum by Proskauer

Richards Butler’s potential US beau Proskauer Rose has said Richards Butler needs to raise its profit per equity partner figure of £415,000 to nearer Proskauer’s $1.1m (£580,000) per partner. Richards Butler and Proskauer entered into merger talks brokered by consultants Blackstone in summer 2004. The talks have now reached the stage where a merger is likely rather […]

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