Issues

Flotations

Paisner & Co acted for the Media Business Group

Names issue writ against Clyde & Co

Lloyd’s Names are suing Clyde & Co, a major legal player in the Lloyd’s insurance market in connection with one of the biggest pieces of Lloyd’s litigation to date. Clyde & Co said it will contest the action. The 4,000-member Sturge Names Action Group (Snag) is instructing Eversheds in this and other actions after collectively […]

In brief: Legal aid for divorce to be reassessed

The Lord Chancellor has been urged to reconsider his current legal aid proposals and introduce a limited certificate, based on civil legal aid eligibility, to give divorcing couples access to advice from their own solicitors throughout the mediation process. In its response to the Green Paper on legal aid, the Solicitors’ Family Law Association (SFLA) […]

Dublin firm capitalises on ceasefire

A TOP firm of Dublin solicitors is opening a Northern Ireland office in one of two moves announced last week to capitalise on the fertile post-ceasefire legal market. Arthur Cox will open an outlet in Belfast on New Year’s Day. Two partners and an associate will be based in Belfast. The launch – believed to […]

Financings

The Liverpool office of Davies Wallis Foyster advised Hoylake-based publishing company the Newhall Group in a repurchase of 22.5 per cent of its own shares. Black Norman & Co in Crosby acted for the vendor.

A safe haven in the sun

Until recently, the effectiveness of the Cayman Islands as a safe haven for the investors’ nest egg was under question. Could the islands afford any protection against the creditors of a settlor who set up a Caymans trust to protect assets? This question was brought about by an old English statute, the Fraudulent Conveyances Act […]

Bakers' assistant cleared of assault

A SOLICITOR with City firm Baker & McKenzie has been cleared of attacking a gay airline steward in a brawl at a cashpoint machine. Stephen Sumpton was acquitted at Southwark Crown Court of assaulting Neil Chambers causing actual bodily harm. Sumpton, a 27-year-old assistant at Bakers, was alleged to have assaulted Chambers after shouting homosexual […]

A Succesful Campaign?

Anna Dunford, head of the private client department at Birmingham-based firm Herbert Wilkes, has a mixed response to ‘Make a Will Week’. “Our large city office does not pull any more business through the door in ‘Make a Will Week’, because its clients simply do not respond to that kind of advertising. The kind of […]

Theodore Goddard oversees TSB deal

Theodore Goddard has played a key role in the Lloyds Bank £5 billion takeover of TSB, a deal set to create a £15 billion financial services giant. Theodore Goddard, TSB’s lawyers since the bank’s 1986 flotation, worked with teams from Freshfields and Linklaters & Paines to complete the deal. Freshfields, lawyers to the Bank of […]

Time for ADR to play its part

The latest publication of the Financial Law Panel (FLP), Alternative Dispute Resolution in Commerce and Finance, was sent to the panel’s subscribers and other interested parties last week. It contains a brief guide to the types and sources of ADR available to people handling most types of business disputes. An increasing amount of attention is […]

Partner agrees not to poach former clients

A LEGAL dispute between a pensions partner and her former firm was settled as it reached court last week when she gave an undertaking not to poach clients. National firm Hammonds Suddard took action against former partner Anne Taylor after she joined the pensions department of Manchester firm Halliwell Landau. Taylor, who worked in Hammonds’ […]