Pressure mounts on the CMA to break up accountancy’s Big Four October 1, 2018 The UK’s competition body has been told to “bare its teeth” and investigate breaking up the Big Four accountancy firms, as it prepares to announce a decision on whether it will investigate the sector. Three senior politicians from across the main parties have called on the Competition and Markets Authority (CMA) to find ways to [...]
Legal Q&A: What is a Section 20 notice of repairs and what can I do if I think the cost is excessive? September 28, 2018 I have just received a section 20 notice relating to some repair works to our block. What does the notice mean and what can we do if we think the cost of the works is excessive? In the circumstances you describe, you will have been served with a Section 20 Notice because your landlord [...]
Gordon Dadds to merge with Ince & Co creating UK’s largest listed law firm September 26, 2018 London law firm Gordon Dadds is in advanced talks to merge with international practice Ince & Co in an acquisition that would create the largest listed law firm in the UK, Morning Wire can reveal. The merger will create a business with a combined revenue of more than £114m and 14 offices across the world. Gordon [...]
Recruiter Harvey Nash bucks Brexit fears as profits rise in first half September 25, 2018 Tech recruiter Harvey Nash reported rising profits in its interim results this morning, despite the sector suffering from uncertainty surrounding Brexit negotiations in the UK. Despite the decent results, shares in the company were trading almost one per cent lower early on Tuesday. The figures Gross profit rose 7.2 per cent to £51.7m, while profit before [...]
Norman Lamb hails ‘breakthrough’ after RBOS Action Group company referred to Canada Police September 24, 2018 Liberal Democrat MP Norman Lamb has hailed a "breakthrough" in the case of a fraudster-linked action group after the Ministry of Justice (MOJ) agreed to pass on information to Canada Police. Lamb, who is a member of the all-party parliamentary group on fair business banking, has been instrumental in pushing the MOJ to hand [...]
Serious Fraud Office general counsel leaves regulator for private law firm Kingsley Napley September 24, 2018 The man tipped for the top job at the Serious Fraud Office before former FBI lawyer Lisa Osofsky won the post will leave the regulator for private practice next year. Alun Milford, who served as the SFO's general counsel, has joined Kingsley Napley as a partner in criminal litigation. Milford has been a government prosecutor for 26 years. [...]
Dialling down the music won’t reduce London’s crime rate September 24, 2018 Earlier this year, a drill rap group known as 1011 was issued with a court order banning them from making music without police permission. The five west London teenagers were arrested last year for conspiracy to commit violent disorder. The criminal behaviour court order, requested by the police, specified that the group must notify [...]
Magic Circle deal star Nigel Boardman’s next act September 24, 2018 Slaughter and May deal star Nigel Boardman is approaching the second act of his career with the same strategic approach that made him the most renowned English corporate lawyer of the last 20 years. When he retires from Slaughters’ partnership at the end of April to become a part-time consultant with the firm it [...]
Fish fight: Russian billionaire fails to keep $350m worldwide freezing order secret in dispute with former business partner September 19, 2018 Russian billionaire Vitaly Orlov has lost an attempt to keep a $350m (£270m) worldwide freezing order (WFO) against him secret amid an ongoing dispute with his former business partner over a stake in Russia's largest fishing company. Fellow billionaire Alexander Tugushev is locked in a dispute with Orlov over claims he refuses to recognise his one-third ownership of Norebo, [...]
Fish fight: Russian billionaire fails to keep $350m worldwide freezing order secret in dispute with former business partner September 19, 2018 Russian billionaire Vitaly Orlov has lost an attempt to keep a $350m (£270m) worldwide freezing order (WFO) against him secret amid an ongoing dispute with his former business partner over a stake in Russia's largest fishing company. Fellow billionaire Alexander Tugushev is locked in a dispute with Orlov over claims he refuses to recognise his one-third ownership of Norebo, [...]