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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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A&O scores instruction from Korean Eximbank

Allen & Overy’s (A&O) London office has advised on its first deal for the Export-Import Bank of Korea (Eximbank). A team, led by London partner David Smith and Hong Kong-based Simon Black, has advised the bank on its first structured ship financing for international customers in relation to nine container vessels, totalling $431m (£257.9m). A&O […]

Simmons stakes all on investment as profits slide

City firm Simmons & Simmons has announced a rise in turnover of 12.6 per cent to £176.9m, but is set to post average profits per equity partner of around £300,000, representing a drop of some 20 per cent.It is the second year in a row that average profits have fallen. In 2002 they fell to […]

Lex Mundi signs up Sri Lankan friend

International legal network Lex Mundi has signed up Sri Lanka’s oldest and largest firm, FJ & G de Saram.The firm has become the exclusive Lex Mundi member for Sri Lanka.FJ & G is a full-service commercial firm with a particular focus on banking, investment, telecommunications, copyrights and intellectual property.Lex Mundi has 160 firms world wide, […]

Cadwalader and Slaughter and May reunite for MyTravel battle

After Cadwalader Wickersham & Taft was slammed by Mr Justice Jacob for trying to place Slaughter and May client Colt Telecom into administration, the two firms have entered the ring again to fight over the refinancing of MyTravel. Slaughters partner William Underhill, who worked on the Colt litigation, is leading MyTravel’s fraught discussions with its […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

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