Terra Firma retains Lovells on Europe’s largest CMBS despite defections

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Latest Briefings

Fund finance market: How can lenders protect themselves?

By Alistair Russell, Richard Munden, Ardil Salem Although the fund finance market has historically been, and continues to be, a particularly low-risk one for lenders, recent events have led some to consider a rather rare and unlikely scenario: what if a fund simply releases or waives the commitments of its investors without lender consent? A credit agreement will […]

Five key employment cases: 2018

By Antonia Blackwell As we enter the festive period and the start of a new year, we take a look back on some of the most notable cases of 2018. Employer’s liability A managing director’s assault on an employee was held to be “in the course of employment” by the Court of Appeal, and therefore […]

Fraudsters are entitled to make use of the law of adverse possession

By Nick Shepherd, Lucy Shepherd The Court of Appeal has held that the law of adverse possession can be used to obtain ownership of a property even if the possession came about due to previous fraudulent activity. Background The case of Rashid v Nasrullah involved two people named Mohammed Rashid, whom the court for convenience termed MR1 […]

Ontario postpones retail cannabis licence applications at the eleventh hour

By Lewis Retik, William Bjornsson At 7:30 p.m. on the evening of December 13, effectively one business day before the application portal for Ontario retail cannabis licences was scheduled to open, the Ontario government announced that it will postpone its acceptance of cannabis retail licence applications. The move was announced as a response to continued […]

Brexit and the protection of geographical indications for food and drink

By Ravi Randhawa In this article we review the potentially complex and disruptive implications of both a ‘deal’ and ‘no deal’ Brexit for UK and EU producers of GI-protected products given the current huge economic benefit (and cultural value) for the UK with over £5 billion gained in annual exports of GI-protected products. INTRODUCTION TO GEOGRAPHICAL […]

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Eversheds real estate finance head in City move

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Ashurst grows in Middle East via International Power link-up

Ashurst grows in Middle East via International Power link-up” />Ashurst is expanding its fledgling presence within the Middle East off the back of its growing relationship with new client International Power. The silver circle firm is understood to have been provided with access to office space throughout the Middle East by the energy giant, including […]

BCCI saga forces judges to reform trial handling

The Lord Chief Justice, Lord Phillips of Worth Matravers, has scheduled a summit meeting with commercial judges to plan groundbreaking reform of case management procedures, following the record length of the BCCI trial. Phillips believes lessons need to be learnt from cases such as BCCI, which sensationally collapsed last November, and he will now meet […]

BLP sees gambling sector as a good bet

All the furore and scandal currently surrounding online gambling might give some lawyers a few moments’ pause before continuing to act in the sector. It certainly did for Mischon de Reya, which got cold feet and dumped troubled BetonSports as a client early in the year. But it hasn’t been enough to stop some firms. […]

AIM still buoyant despite Prospectus Directive

A fundamental attraction of AIM as an alternative to more mainstream investment markets has been its flexibility resulting from its lighter regulatory regime. So, it perhaps was not surprising that the advent of the EU Prospectus Directive in July 2005, designed to harmonise securities offers across the European Economic Area (EEA), was greeted with a […]

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