Lloyds Banking Group is collecting internal feedback on its panel firms as it prepares to kick off a review of its delayed customer-pay panel, The Lawyer understands. Sources have said that panel firms are expecting to receive submission bundles from the lender’s in-house team next week, after the review was put on hold this time last […]
Lipstick Rose, by Frederic Malle, is one of my very favourite perfumes. You don’t have to be a genius to work out what it might smell like. Traces of grandma’s handbag, rose and violet creams and a rush of memory So when I saw a cocktail of that name here, I was bound to order […]
Could the competition in today’s frantically consolidating legal market get any more intense? Well, yes, probably, though the spate of merger talks here and abroad including Wragges and Lawrence Graham, CMS and Dundas, Speechly Bircham and Charles Russell and Squire Sanders and Patton Boggs today underlines a global market on an accelerating trajectory to scale. […]
The issue of what duties a lead underwriter owes to the following market when settling a claim was considered by the commercial court in the context of a ‘follow clause’ in San Evans Maritime Inc & Ors v Aigaion Insurance Co SA [2014] EWHC 163 (Comm). At least in the context of this particular follow […]
In 2011, DLA Piper published a report based on a series of interviews with business leaders from some of Britain’s biggest companies. The Trust Deficit: Views from the Boardroom identified the significant trust deficit with which every business has to grapple. It found that every business starts with such a deficit and that the burden […]
Despina Kartson joined US firm Morgan Lewis & Bockius as chief business development officer in 2013. She was previously Latham & Watkins’ chief marketing officer. What’s the biggest misconception about business development? That it’s easy and comes naturally. In fact, it takes training and discipline and a programmatic approach, along with support systems and technology, to […]
By Jingwen Zhu On 11 February 2014, China’s merger review regulator, Antimonopoly Bureau at the Ministry of Commerce (MOFCOM), published criteria for a simplified merger review, the Interim Rules on Application Criteria of a Simplified Review, which came into effect the next day. The criteria include three market-share-based thresholds and three categories of transactions (i.e. […]
By Evan M Migdail and Bruce Thompson House Ways and Means committee chairman Dave Camp (R-Michigan) has unveiled his comprehensive tax reform proposal. Released as draft legislation, the Camp proposal calls for the most fundamental reform of the tax code in 27 years. Upon releasing the plan, Camp said his reforms would make the tax […]
A report by Populus commissioned by DLA Piper — called The Trust Report: After the Crash — has found that an anti-business mood is hampering a sustainable recovery and politicians and media are viewed as not understanding capitalism, while business has not been vocal enough in defending itself nor proactive enough in promoting the vital role it […]
Allen & Overy has announced the promotion of 16 lawyers to partner across its global network in the Asia-Pacific, Europe, the Middle East and North America. The promotions are effective from 1 May 2014. Across the practice groups, international capital markets receives the largest intake of new partners with six promotions in total. This is […]
What do you do when one of your partners finds himself at the centre of a media storm? Everyone loves a good human interest story, especially if it involves a baby and a random act of kindness in which the randomly kind person disappears. But it’s not that often that you know, or even know […]
Where a party’s behaviour indicates an intention to re-litigate matters previously struck out and to frustrate the other party’s rights, the court will step in to avoid further costs and court time being wasted and grant a civil restraint order. In JL Homes Ltd v Mortgage Express, Diakiw and Heap (acting as LPA receivers), the […]