Virgin reviews panel after twelve months

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

Recommended

Orrick looks for further growth in Los Angeles with new office head

Orrick Herrington & Sutcliffe has appointed real estate partner Michael McAndrews as head of its Los Angeles office McAndrews has specialised in real estate-related matters for more than 20 years. His practice counts corporates, financial institutions, investment companies and real estate developers among its clients.John MacKerron, managing director for offices, said: “Mike’s strong leadership skills […]

Norton Rose reneges on partner payments

Cashflow problems hit partners by up to £100K each; firm rejects bank loan Norton Rose has run into a cashflow crisis and has failed to pay its equity partners their full profit share for the financial year ending April 2001. It is understood that partners are owed up to £100,000 each.Partner drawings have continued to […]

Deals summary

Allen & Overy (Riccardo Sallustio) advised Banca Popolare di Milano on a e27.3m (£17.3m) loan to 21 Invest 5, part of the Benetton Group for the acquisition of a minority stake in design solution company Permasteelisa. 21 Invest 5 advised by Bonelli Erede Pappalardo. Watson Farley & Williams advised NIB Capital and Bank of Scotland […]

ABP counsel scoop almost £3m in fees

Counsel acting for Associated British Ports (ABP) in a public inquiry have negotiated vast fees totalling almost £3m The fees for the lead counsel alone – Birmingham set 5 Fountain Court’s highly-rated Martin Kingston QC – totalled around £1.5m.Negotiators took an almost unprecedented 18 months to finalise the fees. Kingston’s juniors – Andrew Newcombe of […]

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