Third of law firms reject move to LLP status

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Latham swoops for Herbert Smith star

Latham & Watkins has secured a coup with the hire of Herbert Smith’s head of public international law, Robert Volterra. Volterra is regarded as the UK’s market leader in public international law and was responsible for spearheading Herbert Smith’s practice, which has become widely recognised as preeminent in the UK. While at Herbert Smith, Volterra […]

The Lawyer global offshore report – The Cayman Islands

The proposed new law seeks to provide for cooperation between the Cayman Islands and other jurisdictions in relation to the exchange of information regarding taxation matters. The Tax Information Exchange Authority Bill 2003The proposed new law seeks to provide for cooperation between the Cayman Islands and other jurisdictions in relation to the exchange of information […]

The Lawyer global offshore report – Gibraltar

Gibraltar’s legislature has been busy recently, introducing a myriad of changes to its indigenous legislation in order to protect and enhance its burgeoning financial centre. In 2004 Gibraltar, or the Rock, celebrated 300 years of its union with the UK. The Rock, thanks to its status as a Crown Colony, employs the English common law […]

The Lawyer global offshore report – Switzerland

A proposal to modify the household tax regime to mitigate an increase in the tax rate for married couples’ aggregate income, and to change the tax treatment of deemed rental income from real estate owned for personal use, was rejected by public vote on 16 May 2004. However, those issues remain in the pipeline for […]

Latham in ten per cent global profits surge

Latham & Watkins has continued its winning streak after unveiling impressive financial results for 2004. Turnover at US firm has increased 17 per cent on 2003, from $1.03bn to more than $1.2bn last year. The results follow a phenomenal 2003, which saw the firm post a 14 per cent revenue rise to break through the […]

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