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International Edition

Dubai finance centre aims to boost court standards with conduct code

The Dubai International Finance Centre (DIFC) Courts has introduced a professional conduct code, in a bid to improve the professional standards of lawyers conducting litigation before the courts. The code, which is binding for all registered practitioners appearing before the English-language common law court, was introduced earlier this month (1 November) following a consultation carried out in June this year.
2 minute read

International Edition

Crime doesn't pay

Don't go to the Criminal Bar. I can't put it strongly enough. Don't do it. It is a mug's game. Let me try to explain. First, pupillage awards are scandalously low - usually now £10,000 per year, and often your own earnings in your second six months count as part of that.
7 minute read

International Edition

The case for the defence

Simon Myerson QC responds to Alex Deane's criticisms, arguing that the Criminal Bar is still a career worth pursuing... In order to see whether there is anything in the preceding litany of gloom and doom, I have tried to analyse the actual complaints.
6 minute read

International Edition

Raft of UK firms advise as OFT loses out in Supreme Court overdraft charges dispute

The Office of Fair Trading (OFT) has lost its court battle to launch an investigation into the fairness of unauthorised overdraft charges. Five Justices of the Supreme Court, led by Lord Phillips of Worth Matravers, ruled this morning (25 November) in favour of seven banks and one building society, ending the two-year case which was initially brought to the High Court in 2007.
3 minute read

International Edition

Quinn Emanuel raises stakes in Lehman-Barclays dispute

The official creditors committee in the Lehman Brothers bankruptcy fired the latest shot on Tuesday (24 November) in the dispute between Lehman and Barclays over whether Barclays received an improper 'windfall' in its purchase of Lehman's North American assets and liabilities last September. The dispute has been brewing for months and has resulted in several motions for discovery and at least three lawsuits. In short: Lehman, its creditors and the trustee of its estate allege that certain higher-ups at both Lehman and Barclays arranged - without the knowledge of Lehman's counsel at Weil Gotshal & Manges - to sell most of Lehman's North American assets to Barclays in late September 2008 under terms that were far too favourable to the buyer.
3 minute read

International Edition

Mayer Brown completes merger deal with Paris litigation boutique

Mayer Brown has sealed a merger deal in Paris that will gift the firm a seven-lawyer litigation and arbitration team in the French capital. The firm's Paris office has completed a tie-up with boutique Ayela Semerdjian & Associes, which is led by Christophe Ayela and Renaud Semerdjian, who both join Mayer Brown as partners.
2 minute read

International Edition

Withers recruits six-strong Eversheds team in Milan

A six-lawyer team from Eversheds' Milan office is set to join Withers next week. Italy dispute resolution co-head Riccardo Buizza will join Withers along with corporate tax partner Luigi Macioce and four associates from Eversheds' Italian practice, known locally as Eversheds Bianchini.
2 minute read

International Edition

Bar regulator gives approval for barristers to join LDPs

The Bar Standards Board (BSB) has given the go-ahead for barristers to work in new business structures set out in the Legal Services Act (LSA). After a long period of deliberation, the BSB announced today (20 November) that members of the Bar will be permitted to enter into Legal Disciplinary Partnerships (LDPs) without having to requalify as a solicitor.
3 minute read

International Edition

Eversheds recruits five partners for international network

Eversheds International has made five new lateral partner hires, with the network bulking up in South Africa, the Netherlands and Switzerland. The firm's Johannesburg office has seen the bulk of the hires, with the addition of three new partners. Mondli Sibisi and Sibusiso Masondo have joined the resources and finance group from DLA Piper's South African ally Cliffe Dekker Hofmeyr and local firm Khumalo Masondo respectively.
2 minute read

International Edition

Jones Day leads as Lehman files suit against Barclays over $5bn 'windfall'

Jones Day has won a lead role on the latest lawsuit to arise from the bankruptcy of Lehman Brothers. Lehman Brothers Holdings has filed suit against Barclays, claiming the bank received an undeserved windfall of at least $5bn (£3bn) when it purchased much of Lehman's North American operations after Lehman's collapse last September.
2 minute read

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