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International and UK Law 
The latest UK and international law news. Public, business and corporate law news, legal columnists, student advice and comment from a panel of law experts
Post Frequency: 23.4/day Last Entry: June 15, 2010 at 11:08:00 Recent Entries: 3865
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Madoff whistleblower Harry Markopolos says Securities and Exchange Commission ignored his warnings
Posted on February 04, 2009The whistleblower who detected the alleged Bernard Madoff fraud nine years ago yesterday subjected the US Securities and Exchange Commission (SEC) to a devastating public attack.
Victory claimed by both sides after hunting ruling
Posted on February 04, 2009It set the countryside against the city, Tory against Labour, Commons against Lords, royalty against commoner and neighbour against neighbour.
Marks & Spencer tastes victory in tax tussle over teacake
Posted on February 04, 2009A storm over a teacake is finally over after Marks & Spencer yesterday won a 13-year legal battle about whether its popular chocolate-covered treats should be deemed a cake or a biscuit.
?I had no idea that I was doing anything illegal?
Posted on February 04, 2009The path to the High Court began three years ago on a stretch of farmland on the Devon and Somerset border. On April 29, 2005 the Exmoor Foxhounds, led by their master, Tony Wright, gathered at Pray Way Head for one of the first meets since the Hunting Act came into force two months earlier.
Country people got over the affront and carried on
Posted on February 04, 2009Before the Hunting Act was passed by Westminster four years ago, I thought that England and Wales were about to suffer an apocalypse. Politicians were oppressing a minority, without having taken much trouble to find out about the sport ? nay, the way of life ? they were banning.
Freshfields appointed legal adviser to London 2012
Posted on February 03, 2009Freshfields Bruckhaus Deringer, one of the City's oldest and most successful law firms, has been appointed official legal adviser to the 2012 London Olympic Games.
Madoff victims could reach 3m, say lawyers
Posted on February 03, 2009The alleged $50 billion ($£34.8 billion) fraud by Bernard Madoff, the American broker, may have impacted up to three million people worldwide, lawyers representing claimants said today.
PwC partners refused bail over Satyam audit
Posted on February 03, 2009Two PricewaterhouseCoopers (PwC) partners arrested in relation to India?s largest-ever fraud will remain in custody until at least Friday after being denied bail today.
Rainmakers: Martin Kitchen
Posted on February 03, 2009The recent redundancies in the legal market were inevitable. I am surprised at the pace of some of the redundancy programmes, but London lawyers are not immune from the current climate. These economic circumstances do encourage new kinds of work, but it doesn't make up for what you lose.
MS sufferer Debbie Purdy seeks clarity on husband's role in suicide
Posted on February 03, 2009A woman suffering from primary progressive multiple sclerosis took her legal battle to clarify the law on assisted suicide to the Court of Appeal today.
Lovells hired to trace Bernard Madoff's UK assets
Posted on February 03, 2009The trustee in charge of liquidating the brokerage operations of Bernard Madoff, the New York financier behind an alleged $50billion scam, has hired Lovells, the British law firm, to hunt for his assets in the UK.$
Kaupthing takeover of Singer & Friedlander: Financial regulator was 'warned'
Posted on February 03, 2009MPs will open a detailed investigation into the takeover of the Singer & Friedlander Group by Kaupthing, the Icelandic bank, after a former Singer & Friedland executive revealed yesterday that he had warned financial regulators about the deal in 2005.
FT sues Blackstone over alleged login abuse
Posted on February 02, 2009The Financial Times is suing Blackstone accusing the US investment group of deliberately encouraging its staff to share a single login to the FT.com website in order to avoid paying for multiple subscriptions.
Forcing out judges at 70 ‘threatens supreme court’
Posted on February 02, 2009Judges are pressing for a change in the law to allow the most senior members of their profession to remain in their posts beyond the age of 70.
The law lords who served their time
Posted on February 02, 2009Lord Denning, probably the most famous judge in Britain and in the common law world, famously sat until the age of 83.
John Magnier turns to Kroll in row with Laing O?Rourke
Posted on February 02, 2009John Magnier, the Irish bloodstock tycoon, has hired Kroll, the corporate investigators, in his increasingly personal legal battle with Laing O?Rourke, the construction giant.
Each case is different but Judge Julian Hall has history of light sentences
Posted on February 02, 2009The 21-month sentence is light when set against the range of possible penalties. The Sentencing Guidelines Council issued guidance last summer to judges on penalties for road traffic offences resulting in death after years of complaints by bereaved families and road safety campaigners...
Battle of wills: why more of us are going to court
Posted on February 02, 2009Battles over wills are some of the most bitterly fought of courtroom contests - and they are on the rise. The number of High Court cases involving wills and inheritance rose by 175 per cent - from 83 in 2006 to 228 in 2007, according to the latest figures.
FT sues Blackstone over alleged login abuse
Posted on February 02, 2009The Financial Times is suing Blackstone accusing the US investment group of deliberately encouraging its staff to share a single login to the FT.com website in order to avoid paying for multiple subscriptions.
OFT acts on sale-and-rent-back schemes for homeowners
Posted on February 02, 2009The Office of Fair Trading (OFT) is cracking down on sale-and-rent-back companies that promise to rescue homeowners who are struggling with their mortgage repayments.
City lawyers feel chill of recession
Posted on February 01, 2009Britain’s top law firms expanded dramatically during the financial boom but, just as they rose with the City, they are now declining with it. One lawyer said: “Two American firms have gone under. I don’t think that’s going to happen in the UK, but we’re expecting a lot of jobs to be lost...
Talent is more important than seniority
Posted on February 01, 2009LAW FIRMS are taking a long hard look at their people. Some didn’t do their housework in the past and didn’t weed out those who are not valuable to the business.
Those with long-term potential will be kept on
Posted on February 01, 2009FIRMS are much bigger than they were 15 years ago, and lawyers are paid a lot more. The downside of this is that, if you are paid a huge salary, your company cannot afford to carry you through the bad times. A “magic circle” billion-pound business needs a lot of work coming in, not just every month, but every day.
Competition from America has driven change
Posted on February 01, 2009THE situation is driven by the recession, but law firms have been quietly restructuring over the past five years, moving partners from equity status to salary status and cutting out noncore business. Part of this is because the big firms are now competing against American firms, particularly in New York...
Senior partners would be welcome at smaller firms
Posted on February 01, 2009IT’S still early days but it looks as if we are going to see a substantial restructuring in the legal profession - 10% of partnerships could be going.
Madonna children go to US after £30m divorce deal
Posted on February 01, 2009Madonna's three children will be brought up with her in the United States under the terms of her multi-million-pound divorce settlement with Guy Ritchie.
Ernst & Young hires senior Tyco lawyer Trevour Faure
Posted on February 01, 2009Trevor Faure, who recently resigned his role as European general counsel at Tyco, is to join Ernst & Young (E&Y) as its most senior lawyer.
Olswang to cut 8% of UK staff
Posted on February 01, 2009Olswang today added to a gloomy month for Britain's top law firms by announcing that it will cut up to eight per cent of its UK head count.
Arthur Scargill: lawyers who got rich on miners owe millions to union
Posted on February 01, 2009Arthur Scargill claimed yesterday that the National Union of Mineworkers was owed £8 million by a law firm under a controversial deal to deduct money from compensation payments for sick miners.
Linklaters to lose 270 jobs as 'magic circle' regroups
Posted on February 01, 2009Linklaters, the world's second-largest law firm, is poised to cut up to 270 jobs because of an unexpectedly sharp fall in revenue caused by the financial crisis.
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