UBS reviews global panel to cut costs

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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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Blasts from the past

Barely a day goes by without Tulkinghorn hearing of some new fangled marketing initiative to be rolled out of one of the City firms’ marketing departments.Herbert Smith’s latest idea is to re-enact World War I. Tulkinghorn has heard rumours of mustard gas being brewed in the kitchens and bayonets being sharpened in the client meeting […]

Five-minute smiling

Tulkinghorn has bought himself a treadmill (which he still cannot stand up on while it’s in motion) after his bravado got the better of him. You see, Tulkinghorn’s friend, Taylor Joynson Garrett partner Martin Winter, was telling him the other day how he ran the Flora London Marathon in under four hours. And, momentarily forgetting […]

Enron creditors attack Milbank over conflicts

Milbank Tweed Hadley & McCloy faces a challenge to its role as counsel for the 15-member Enron Corporation creditors’ committee Some of the creditors have cried “conflict” over Milbank’s role as their representative because it has received more than $17m (£11.6m) in fees from Enron and related companies during the past five years.Dallas-based energy company […]

Lovells on third whole business securitisation with Steam Packet

Lovells is taking on its third whole business securitisation, advising the lead arrangers on a £65m deal backed by the income from the ferry service provided by the Isle of Man Steam Packet Company.NM Rothschild & Sons and ABN Amro are joint lead managers on the deal and Lovells won the work through its longstanding […]

Spanish firms trail global competition

UK and US firms are beating Spain’s indigenous market leaders hands down in the race for profits There are six international firms in the top 10 of the profitability tables, with just one of Spain’s highest grossing native firms.Corporate heavyweight and Slaughter and May best fried Uría & Menéndez is still the best firm in […]

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