Concerns about information security — including cybersecurity and physical security — are increasingly permeating corporate life. As directors prepare to fulfill their duty of care in an informed way, what issues matter today? This checklist features the top 10 questions boards should ask themselves about their company’s cybersecurity readiness… If you are registered and logged […]
As solicitors acting for banks in professional negligence matters, we often come up against the argument from defendant professionals that the lender would not have acted differently even if it had been properly advised. These defendants, while acknowledging their advice fell short of the expected standard, seek to avoid or minimise their liability by arguing […]
In the case of Ikbal v Sterling Law, the court was asked to decide whether a firm of solicitors acting for the purchaser of a property was liable to its client for a breach of trust and/or breaches of duty of care after it failed to recognise that a property purchase was a fraudulent transaction, […]
Wragge & Co’s real-estate team has advised a consortium of developers on a major land purchase earmarked for the development of a new market town in the south west of England. A team led by partner John Dixon advised Taylor Wimpey, Linden Homes and Bovis Homes on the acquisition of 1,200 acres of land near […]
Eversheds has commented on the European Council’s approval of an agreement with the European Parliament on the proposed draft SEPA Migration Regulation relating to credit transfers and direct debits. Fiona Ghosh, partner at Eversheds, said: ‘Following increasing evidence that many European businesses were struggling to meet the 1 February 2014 deadline, it comes as no […]
As most retailers will testify, managing the risks and costs associated with TUPE can be a real problem when making changes to supply chains. As the law currently stands, a change of supplier or service provider will usually trigger the application of TUPE. The main effect of this being that the relevant employees (generally speaking, […]
Luxembourg firm Kleyr Grasso Associés has made a lateral partner hire from Linklaters, appointing Jean-Paul Spang as its ninth partner. Spang will join the firm on 1 February 2014. He has been a partner at Linklaters and its legacy firms in Luxembourg since 1998. Spang advises on a broad range of corporate and finance matters, […]
Burges Salmon has reported a £5m increase in net funds for the 2012/13 financial year, with profit and turnover both rising despite the cost of new London offices. The firm’s LLP accounts showed an increase in net funds from £13m in 2011/12 to £18.2m last year, as well as confirming the firm’s 3.8 per cent […]
It’s seen as one of the more traditional firms in the City, but today Slaughter and May threw off its conservative cloak. It’s taken two years to materialise , but the firm has unveiled a rare lateral hire – its first in Asia – that will gift it a US practice in Hong Kong. Before […]
DLA Piper has added Hong Kong partner Mark Fairbairn and Singapore of counsel Ashley Bell to its restructuring group, both joining from O’Melveny & Myers. Fairbairn takes on the role of DLA Piper’s Asia restructuring head, based in Hong Kong. With over 20 years of experience in this field, he focuses on distressed and alternative […]
Dentons partners have unanimously elected partner Evan Lazar as chair of the firm’s European board. Lazar replaces fellow legacy Salans partner François Chateau in the role. Chateau is also Dentons’ global vice-chair and will continue in that position. Dentons’ incoming European CEO, Tomasz Dabrowski (31 October 2013), and outgoing European CEO, Dariusz Oleszczuk, were also […]
Slaughter and May’s first-ever female partner, and financial regulation group head, has retired after 37 years at the City firm. Lawyer Ruth Fox joined the firm as a trainee in 1977 and joined the banking group partnership in 1986, before establishing its financial regulation group a decade later. One of the group’s two key partners, […]