The Lehman collapse: Kevin O’Shea’s view

Allen & Overy’s US managing partner Kevin O’Shea looks back on the collapse of Lehman Brothers.

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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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