The strange decline of A&O banking

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Latest Briefings

Law Commission consultation on leasehold enfranchisement reform

By Karl Anders, Zoe McLean-Wells The Law Commission has undertaken a “root and branch review” of all aspects of enfranchisement law and is consulting on detailed and wide-ranging proposals for reform. Housing Management & Litigation experts Karl Anders and Zoe McLean-Wells summarise some of the headline proposals and urge stakeholders to have their say before the extended […]

Busy lenders’ round-up: December 2018

By Deborah Sheldon Welcome to TLT’s busy lenders’ monthly round-up. Each month we summarise the latest news and developments in retail mortgage lending and regulation.

Financial Reporting Council has launched new code for the corporate governance

By Alice Gardner A new code for the corporate governance of large private companies has now been launched by the Financial Reporting Council. Known as the Wates Principles, the new code is made up of the following six principles: Purpose and leadership Board composition Director responsibilities Opportunity and risk Remuneration Stakeholder relationships and engagement

Slovenia: Right to be heard in dawn raid

By Urša Kranjc In October 2018 the European Court of Human Rights (ECHR) granted Produkcija Plus doo (Pro Plus) €52,500 in compensation after its right to be heard was violated in the proceedings relating to the fine imposed for obstructing the dawn raid. Facts Suspecting that Pro Plus was abusing its dominant position, the Competition Protection […]

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

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Norton Rose to rival magic circle on NQ pay

Norton Rose is increasing newly-qualified pay to £55,000 in a move designed to ensure the firm offers competitive associate and trainee salaries. Newly-qualified lawyers will see their pay rise from £50,000, bringing pay at Norton Rose close to the £55,100 announced earlier today by Linklaters. The firm is also raising first-year trainee pay to £30,000 […]

Morality hilarity

Tulkinghorn is often privy to sensitive information. He respects the courage lawyers summon up to keep him informed of developments. But it is apparent that some have more pluck than others. A senior associate from a magic circle firm rang recently to tell Tulkinghorn of the wonderful news that he had secured a job in […]

Watson Farley makes up three

Watson Farley & Williams has promoted three associates to the partnership this year, two of whom started as trainees in 1995. Litigation specialist David Foster and corporate lawyer Christina Howard were made up in the London office, having joined the firm as trainees 11 years ago. This year’s round of promotions at Watson Farley is […]

International Power extends top Middle East lawyer’s role

International Power is to hand more authority to its Middle East general counsel after the departure of David Wadham for Ashurst. Graham Methold has been named the UK energy company’s top lawyer for the lucrative Middle East region after Wadham’s resignation, as first reported on www. thelawyer.com (26 April). Methold, who joined International Power from […]

DWS embarks on mission to bolster depleted partnership

Denton Wilde Sapte is set to rebuild its partnership with 26 promotions after losing almost a fifth of its partners over the past two years. Technology, media & telecoms (TMT), which notoriously lost 11 partners in one fell swoop to DLA Piper Rudnick Gray Cary in 2004, did not make up any lawyers, having promoted three during […]

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