Company

11 November 2016

Issue: 7722 / Categories: Case law , Law digest , In Court

Re Nortel Networks UK Ltd and other companies [2016] EWHC 2769 (Ch), [2016] All ER (D) 205 (Jun)

The Companies Court allowed an application by the administrators of companies in the Nortel group to allow them to implement a global settlement of disputes arising in relation to the collapse of the group. The global settlement was in the best interest of each of the EMEA companies for which they were responsible, together with their respective creditors.

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MOVERS & SHAKERS

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Charles Russell Speechlys—Gustina Singgih

Corporate team in London welcomes new partner

Church Court Chambers—Maria Karaiskos KC

Historic appointment of chambers' first female head

Wright Hassall—five promotions

Firm announces five promotions, including new partner

NEWS

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Due diligence headache for smaller firms?

Proposed legislation to tighten the rules on pooled client accounts would place ‘substantial’ burdens on solicitors, the Law Society has warned

Mediation crisis on horizon

Increasing numbers of family mediators are cutting back on legal aid work or leaving the sector altogether due to low fees—creating a supply shortfall for low-income families

Unenforceable DBA costs firm £1.6m

Lawyers acting in cases funded by damages-based agreements (DBAs) cannot claim their share of the damages if no damages are awarded, the High Court has clarified

More Crown Court days announced

Lawyers have given a cautious welcome to a Ministry of Justice decision to increase Crown Court sitting days

Bar chair highlights increasingly hostile environment for lawyers

Barristers have been targeted with death threats, rape threats, threats to their family members, physical surveillance and threats from politicians, chair of the Bar Barbara Mills KC has reported

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Company

MOVERS & SHAKERS

Charles Russell Speechlys—Gustina Singgih

Church Court Chambers—Maria Karaiskos KC

Wright Hassall—five promotions