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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

Recommended

1

Squaring up in the Magic Circle

This year’s reporting season looks like being a doozie. What with Lovells’ final ever appearance as a UK firm, LG’s comical 63 per cent PEP increase and the now unveiled reality of Halliwells’ plummeting (and ultimately terminal) turnover, there’s no shortage of fun. But the really big story looks like being at the top of […]

Reed Smith forced to wait for half its Pinsents partner team

Two of the senior construction partners snared by Reed Smith from Pinsent Masons as part of a four-partner team have joined the US firm, but the other two partners remain temporarily locked-in at the national firm. Peter Cassidy and Keith Hartley joined Reed Smith earlier this month. No clear date has been set, however, for […]

Guy Hinchley
4

Mills & Reeve sees marginal increases in turnover and PEP

Mills & Reeve has posted slight increases in turnover and average profit per equity partner (PEP) for the 2009-10 financial year. Fee income increased 1 per cent from £66.6m to £67.3m, while PEP rose 2 per cent from £301,000 to 307,000. Net profits rose 6 per cent to £18.6m. Managing partner Guy Hinchley said the […]

Andrew Lilley
6

Travers Smith sees PEP soar 53 per cent to £705,000

Travers Smith has staged a stunning financial recovery, with revenues projected to be £72m for the 2009-10 financial year. This represents an increase of 12 per cent from last year’s turnover of £64.5m, although the firm has yet to recover its record performance of 2008, when it posted £81m in revenues. Travers’ average profit per […]

David Harris
2

Lovells’ PEP rises 13 per cent in year before Hogan merger

Hogan Lovells legacy firm Lovells has reported a 13 per cent increase in average profit per equity partner (PEP), rising from £586,000 to £663,000. This represents the firm’s best-ever PEP performance, narrowly beating its previous high of £661,000, which it achieved in 2007-08. Global revenues grew by 2 per cent, with the London office contributing […]

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