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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

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Last Entry: June 15, 2010 at 11:08:00

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Clifford Chance joins forces with top Indian law firm

Posted on January 14, 2009
Clifford Chance, the world's biggest law firm by revenue, today threw down a challenge to rivals eyeing the coveted Indian legal market after announcing a tie-up with AZB, one of the country's top law firms.


I put it to you that this university law course is not fit for practice

Posted on January 14, 2009
Law students ? perhaps unsurprisingly, given the subject they are studying ? are among those most likely to complain about their course at university.


Fake mini iPhones ring alarms for Apple and hi-tech manufacturers

Posted on January 14, 2009
The sight of fake mini iPhones being sold online has shocked hi-tech manufacturers, particularly as Apple has indicated that it has no plans to launch the much-rumoured iPhone Nano in the near future. Opportunistic counterfeiters have apparently jumped the gun by selling a device that has not yet been invented...



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Lawyer of the Week: Sir Nigel Knowles

Posted on January 14, 2009
Nigel Knowles, the joint chief executive of DLA Piper, was knighted for services to the legal profession in the New Year?s Honours List. It is the first time in 13 years that a solicitor still in private practice has been honoured in this way.


I?ll be the judge of that ? and I reserve the right to change my mind

Posted on January 14, 2009
Last month the Court of Appeal quashed a conviction for dangerous driving because Judge Ian Alexander, QC, had passed defence counsel a ?wholly inappropriate note? during the trial suggesting that she should think about ?The Six P?s: Prior Planning Prevents P***-Poor Performance?...


Bernard Madoff: how will British investors be affected?

Posted on January 14, 2009
As the investigation by the Serious Fraud Office gets under way into the British businesses of Bernard Madoff, banks and regulators are starting to come to terms with the arrest and charging in America of the 70-year-old highly respected fund manager, for an alleged $50 billion Ponzi scheme fraud...


Keir Starmer: public need to see justice done

Posted on January 14, 2009
Television cameras in the courts, no reform needed on assisted suicide and strong backing for the Human Rights Act 1998 ? the new Director of Public Prosecutions has given a first taste of his views two months into the job.


John Magnier seeks payment from Laing O'Rourke over Marbella deal

Posted on January 14, 2009
The legal dispute between Laing O'Rourke, the construction group, and John Magnier, the Irish tycoon, is set to intensify, The Times has learnt.


Man Group to sue all involved in Bernard Madoff scandal

Posted on January 14, 2009
Man Group, the world's largest listed hedge fund manager, is planning to take legal action to recover its $360 million ($£245 million) of likely losses in the $50 billion Bernard Madoff scandal, it emerged yesterday.$


Satyam executives sold $2m in shares before fraud revelation$

Posted on January 14, 2009
Senior executives of Satyam, the Indian outsourcing group, sold an unusually large number of shares in the company before it was revealed to be at the centre of India's largest corporate fraud, it emerged yesterday.


Prosecutors fail again to get Bernard Madoff jailed for breaking conditions of bail

Posted on January 14, 2009
US prosecutors failed yesterday in their second attempt to have Bernard Madoff jailed, when a New York court rejected the Government?s argument that the disgraced fund manager was a flight risk.


Cadwalader sees partners' profits fall 30%

Posted on January 13, 2009
Cadwalader, Wickersham & Taft, one of Wall Street's most prestigious law firms, saw profit per equity partner fall by almost a third last year.


India widens investigation into troubled Satyam

Posted on January 13, 2009
India?s central bank began checking the exposure of the country?s financial sector to Satyam, the outsourcing giant at the centre of India?s largest corporate fraud, yesterday as the authorities widened their investigation into the scandal.


French investors to take legal action against banks over Madoff feeder funds

Posted on January 13, 2009
Investors are to launch legal proceedings in France this month against banks, including HSBC and UBS, for allegedly helping to channel their money into Bernard Madoff?s $50 billion fraud, lawyers said yesterday. The moves come after lawsuits in Luxembourg and the threat of legal action in Switzerland in connection with the alleged Ponzi, or pyramid, scheme run by the New York money manager...


Serious Fraud Office appoints first general counsel

Posted on January 12, 2009
The Serious Fraud Office (SFO) has appointed a leading criminal barrister and fraud specialist to the new post of general counsel.


Employees warned over strict new workplace safety rules

Posted on January 12, 2009
Careless workers and their bosses could be more likely to go to prison than muggers when new health and safety legislation comes in to force this week, lawyers have warned.


Government set to face legal challenge over Northern Rock

Posted on January 12, 2009
The Government's nationalisation of Northern Rock will come under renewed scrutiny this week as two of the bank's former shareholders mount a legal challenge to the way in which they are to be compensated for their losses.


Prosecutors fail in attempt to put Bernard Madoff behind bars

Posted on January 12, 2009
Bernard Madoff avoided being remanded in jail yesterday after a federal court judge decided that the fund manager, who is alleged to have defrauded investors of $50 billion ($£33.6 billion), was unlikely to flee the United States.


Extradition agreement ?biased in favour of US?

Posted on January 12, 2009
Gary McKinnon?s case is only the latest in a string of high-profile extraditions involving British citizens to the United States. It comes after the NatWest Three and Ian Norris, former chief executive of Morgan Crucible, fought extradition battles through the courts ? in the latter case successfully...


Why being a judge is not so appealing

Posted on January 12, 2009
It carries a knighthood, prestige and authority. But it is seen as lonely, fusty and male-dominated, with a culture of ?male self-confidence and intellectual posturing?.


Remember Enron? Extradition under European law is bigger danger

Posted on January 12, 2009
Mention extradition to a British business executive and he or she will, almost certainly, think of the ?NatWest Three? and their long, unsuccessful fight against being sent to Texas to answer Enron-related charges. And they will, almost certainly, be wrong.


Heat rises on PwC over Satyam's $1bn of fictitious deposits$

Posted on January 12, 2009
New questions were raised about the relationship between Satyam, the Indian outsourcer, and PricewaterhouseCoopers (PwC) yesterday as the first statements collected from senior executives by the police emerged.


GM bows to European demands over state aid

Posted on January 12, 2009
General Motors has been forced to ring-fence its international operations, country by country, to satisfy individual European governments that state aid will be used only to protect jobs within each of their borders.


Choice of QCs still biased, solicitors say

Posted on January 11, 2009
Solicitors have criticised the system of appointing the legal profession's top lawyers to the elite rank of Queen's Counsel as being biased in favour of barristers and court advocacy.


Raju sits in prison, his Satyam empire in turmoil

Posted on January 11, 2009
Last week Ramalinga Raju, one of India's ten richest men, was enjoying the lifestyle to match his $1.3 billion fortune; yesterday he shared a holding cell with 40 other inmates and only one Indian-style squat lavatory among them.$


Lloyds pays for busting US sanctions

Posted on January 10, 2009
WHEN he eventually retires, Robert Morgenthau, the 89-year-old district attorney of Manhattan, will collect plaudits for the leading role he has played in cleaning up the organised crime that once plagued New York.


Watchdog exposes broadband speed rip-off

Posted on January 09, 2009
Millions of internet customers are getting less than half the broadband speed they are paying for, restricting their ability to download music, film and games.


Citigroup sued by Greek steelmaker over 'malicious' research

Posted on January 09, 2009
A Greek steelmaker is suing Citigroup accusing the financial services giant of publishing a ?malicious? research note designed to damage the company and boost its own revenues.


Lawyers braced for surge in fraud cases

Posted on January 09, 2009
Lawyers are preparing for an onslaught of fraud cases this year as a result of the financial crisis.


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