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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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Cadwalader turns in strong results

Cadwalader Wickersham & Taft has scored double-digit growth in turnover and profit for 2005. The New York firm saw its revenue increase 16 per cent to $483m (£277m), while profit per equity partner jumped 21 per cent to just under $2.6m (£1.5m). Average compensation per partner rose 16 per cent to just over $2m (£1.2m). […]

DLA Piper posts profit rise in merger year one

DLA Piper Rudnick Gray Cary has a revealed a profit per equity partner of £569,000 ($1.036m), a rise of 6 per cent for the first year since its merger. As first revealed in The Lawyer (13 January) DLA Piper is now the second-biggest law firm in the world on current figures after recording a global […]

DAC diversity requirements puts onus on firms to report

Barclays and other FTSE companies may have strong views on the topic, but it could be argued that it is the Government that has started a mini-revolution on increasing diversity in the legal profession. In November 2005, Bridget Prentice MP wrote to the UK’s top 100 law firms and top 30 barristers’ chambers asking them […]

Strong year for Paul Hastings with double digit rises

Paul Hastings Janofsky & Walker has joined the ranks of US firms reporting double-digit growth for 2005, having seen turnover rise 10 per cent. The firm’s gross revenue reached $667m (£384m) last year, up from $609m (£350m) in 2004. The firm also scored a 13 per cent rise in average profit per partner (PEP) to […]

TOP INTERNATIONAL DEALS

Skadden Arps Slate Meagher & Flom (Scott Simpson) forged an alliance with Arcelor, the world’s second-largest steel maker, to defend it against a hostile takeover by rival Mittal Steel. Mittal, which has instructed long-term adviser Cleary Gottlieb Steen & Hamilton (Jean-Pierre Vignaud), made an unsolicited £17bn takeover bid for Arcelor on 27 January. The bid, […]

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