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Biggest firms finalise office return plans

Top City firms are cautiously preparing to fully reopen their offices next month, with desk-booking apps, flexible working pilots and weekly team meetings. Full-time staff at Fieldfisher are due to return to the office for three days a week from 21 June, when the government hopes to remove all legal limits on social contact. Allen & Overy is pressing ahead with plans to fully reopen its London premises, while Irwin Mitchell’s 15 offices are due to open at 50% capacity, with desk booking syste...
United Kingdom City Of Herbert Smith Freehills Irwin Mitchell Hogan Lovells Boris Johnson

Sheriff, monitoring company at odds over escapes under firm's watch

CROWN POINT — The owner of a company retained by the Lake County commissioners to provide electronic monitoring of criminal defendants claims the sheriff is trying to destroy his business by repeatedly criticizing the company for not providing police with timely notification over escaped defendants. Herbert Smith, of ICU Monitoring, said Lake County Sheriff Oscar Martinez is not a party to his contract with commissioners and has never met with him to discuss his protocol and procedures. Bu...
Lake County United States Matthew Fech Renecia Williams Oscar Martinez Diane Boswell

Cross-border deals need broad skills in time of trade war and pandemic

Cross-border deals need broad skills in time of trade war and pandemic For global commercial lawyers, advising on cross-border deals between local investors and foreign capital raisers is difficult at the best of times. But when the deal involves US and Chinese interests in the middle of a trade war, risk rises to a new level of complexity. So, Ting Wang, of counsel at law firm Paul Hast­ings in Shanghai, had a challenge on his hands when his team tried to broker a strategic alliance between C...
United States Hong Kong United Kingdom Jawa Timur South Korea White House

Bid to make financial terms and conditions clearer

BBC News By Kevin Peachey Published image copyrightGetty Images Financial firms will need to ensure terms and conditions are easy to understand and products provide fair value for customers, under new plans. Businesses must already treat customers fairly, but the UKs financial regulator is looking to bolster the rules with a new Consumer Duty. The Financial Conduct Authority (FCA) wants the heightened rules in place by July next year. They are intended to protect consumers and make it clear how...
United Kingdom Jenny Stainsby Herbert Smith Freehills Pippa Tasker Kevin Peachey Financial Ombudsman Service
Source: bbc.co.uk

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'My 3 pieces of advice' by Paul Longhurst and Giles Pemberton | The Lawyer | Legal insight, benchmarking data and jobs

The “3 pieces of advice” series is a collection of brief 5-minute slots created as a platform for legal professionals to share work and life advice with their peers. In this latest video, 3Kites consultants Paul Longhurst and Giles Pemberton share their top tips for procuring a contract management and legal ops software: “Sometimes it can feel rather overwhelming when you consider the amount of information you receive from legal software providers; they all claim to have the answers to yo...
Giles Pemberton Herbert Smith Paul Longhurst Allen Overy Business Integration Magic Circle

Bills to wind down Greensill Capital estimated at more than £30m

The bills for administrators and lawyers to wind down Greensill Capitals UK business are estimated to come in at more than £30m in the first year alone. Greensill, which was run by Australian financier Lex Greensill and counted David Cameron as an adviser, went bust in March.  Bust: Greensill was run by Australian financier Lex Greensill and counted David Cameron as an adviser It was the major funder to Sanjeev Guptas GFG Alliance, which includes Liberty Steel.  Greensills administrators Gra...
Sanjeev Gupta David Cameron Lex Greensill Allen Overy Greensill Capital United Kingdom

China firms tap virus-driven liquidity to raise record US$148b in equity deals

Next week, the mainlands JD Logistics Inc is expected to kick off its Hong Kong listing to raise at least $3 billion, the latest in a list of billion-dollar IPOs in the financial hub. HONG KONG: Chinese companies raised a record $148 billion through global equity capital markets in the first four months of 2021, data showed, as they tapped the ample cash available with investors due to the coronavirus pandemic. That was more than double the sum they garnered from equity markets in the year-ago ...
United States Hong Kong Matt Emsley Herbert Smith Freehills Magnus Andersson Morgan Stanley

China firms tap virus-driven liquidity to raise record US$148 billion in equity deals

China firms tap virus-driven liquidity to raise record US$148 billion in equity deals Toggle share menu Advertisement China firms tap virus-driven liquidity to raise record US$148 billion in equity deals FILE PHOTO: A security guard stands at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. REUTERS/Aly Song/File Photo 07 May 2021 02:35PM (Updated: 07 May 202...
United States Hong Kong Matt Emsley Scott Murdoch Herbert Smith Freehills Magnus Andersson

The Gambia joins Banjul Protocol; UGG dispute latest; Venezuelan IPO reduces fees – news digest

Every Tuesday and Friday, WTR presents a round-up of news, developments and insights from across the trademark sphere. In our latest round-up, we look at Nextbite adding more celebrity virtual brands to its portfolio, Native American tribes including tribal insignias in the USPTOs database for free, Tilray announcing big plans for its cannabis brands, and much more. Coverage this time from Bridget Diakun (BD), Tim Lince (TJL) and Trevor Little (TL). Market radar: Premier Inc joins coalition to...
United States New Zealand El Salvador Eteläuomen Läi Jori Taipale Brian Furano

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