Flexible working for both male and female partners is being introduced in at least one of the Big Five firms. Linklaters & Paines is introducing a “flexible working” policy for its partners. The policy is currently at partnership proposal stage and, on approval, is due to be implemented on 28 April – the start of […]
Clifford Chance corporate assistant Guy Norman has been seconded to the Takeover Panel as a joint secretary for two years. He is the third member of the panel’s law team – a Herbert Smith and a Linklaters & Paines secondee are already on it. The panel chooses from City law firms in rotation.
Linklaters & Paines has acted on the first international US dollar convertible bond issue by a Polish company. The firm acted as English and US legal advisers to Robert Fleming & Co and MC-BBL Securities, the joint lead managers of the offering, and for the trustees to the issue, Citicorp Trustee Company. The deal also […]
re: “Solicitor who ‘broke any law that was convenient’ struck off” (The Lawyer, 8 April). If the former partners of Freeses did, indeed, break “any law that was convenient” what, one wonders, did they do when up against the many inconveniences with which Parliament has obstructed those of fraudulent intent? Stephen C Miller Harper Macleod
Frere Cholmeley Bischoff acted for the Department of Transport in the £18.2m sale of its 250-acre research site at Crowthorne, Berkshire to Legal & General. Lawrence Graham advised Legal & General.
Simmons & Simmons acted for Charterhouse Development Capital in the £17m placing and open offer of new shares by Sheffield Wednesday Football Club. Charterhouse will take £8.5m of new shares in the placing, to hold between 20 and 40 percent of the club – the largest single investment in an English football club by a […]
“A proper system of criminal justice requires prosecutions to be put strongly, but fairly, and defences to be conducted efficiently and fearlessly. For this, it is critical that an experienced, professional and independent Criminal Bar, capable of undertaking the most demanding work, is maintained,” said Lord Irvine of Lairg at the 1996 Bar Conference. Whether […]
It might be ridiculous to sue your school because you failed your A-levels, or your local hamburger store for not warning you that the coffee was hot, and some might rightly argue that plaintiffs and their lawyers have now reached limits of what is actionable. But there is one group of professionals, who until recently […]
The new pensions regulator Opra, which opened for business last week, has already received its first case. It is to look into the collapse of a South Wirral pension fund that left pensioners with as little as 14 per cent of the funds. The Department of Trade and Industry referred the case to the Occupational […]
Never mind sole practioners working in chambers (The Lawyer, 25 March), let them work from home with electronic connections if necessary. The economics are indisputable. Imagine a life with no partners, profits more than 90 per cent of turnover, no employees, visiting clients at home, few meetings, and so on. Anyone contemplating this should read […]
Andrew Paton was born in Birmingham on 15 March 1957. He is the head of the insurance litigation team at Pinsent Curtis in Birmingham. What was your first job? Cleaning a metal-rolling factory during the summer shutdown. What was your first ever salary as a lawyer? £2,500 as an articled clerk with Cripps Harries Hall, […]
Bidders in takeover battles will have to be much more explicit when they promise to improve their target’s profits, following a new rule introduced after the Granada takeover battle for Forte. During the battle, led by Granada chairman Gerry Robinson, the company, advised by Lovell White Durrant, issued a circular saying it could improve Forte’s […]