Sacked Renault manager vows to fight his dismissal January 16, 2011 ONE of three Renault managers sacked for allegedly leaking electric vehicle secrets, is planning to fight the company’s decision to dismiss him, his lawyer said yesterday. Michel Balthazard, a member of Renault’s management committee and a leader of its electric vehicle programme, received a letter of dismissal on Saturday, which accused him of receiving money [...]
CITY MOVES | WHO’S SWITCHING JOBS August 31, 2010 Russell-Cooke LLP The London law firm has continued its expansion by hiring Edward Wanambwa as employment partner. He joins from CM Murray LLP, having trained at Bryan Cave and previously worked at Clifford Chance. He has been tasked with building the firm’s business immigration practice, having worked on immigration issues throughout his career. This brings [...]
HP poaching row shows limits of employment law September 14, 2010 THE business world continues to monitor with interest what appears to be a growing rift between technology giants Oracle and Hewlett Packard (HP), competitors who have until recently enjoyed a relationship of cooperation and collaboration. The apparent animosity arises out of Oracle’s decision to appoint to its board former HP CEO, Mark Hurd, only a [...]
CITY MOVES | WHO’S SWITCHING JOBS February 3, 2011 Savoy Investment Management The wealth management subsidiary of Syndicate Asset Management has hired James Bowles (pictured). Bowles will be responsible for providing tailored services for the north west of England. He was formerly with Anglo Irish Bank, where he had a similar regional brief, and Levi Solicitors in Yorkshire. The firm specialises in portfolios invested [...]
Companies stuck in the Middle East mayhem must act swiftly March 1, 2011 WHILE the headlines from north Africa and the Middle East speak of the human toll and the fate of Britons, the threat to British companies who have contracts in the region which generate substantial revenue remain near the top of company agendas. Having spent 30 years working in Middle Eastern business and law, including in [...]
Companies stuck in the Middle East mayhem must act swiftly March 1, 2011 WHILE the headlines from north Africa and the Middle East speak of the human toll and the fate of Britons, the threat to British companies who have contracts in the region which generate substantial revenue remain near the top of company agendas. Having spent 30 years working in Middle Eastern business and law, including in [...]
Before bonuses come firings, so watch your back January 4, 2011 STEWARTS LAW The decorations are back in the loft, the shops would be full if it wasn’t for the VAT rise. It must be January. And that also means that it is bonus season, the time when managers start to take a close look at the bonus pot and wonder how to divide it between [...]
The man who wants to get the SFO ready for business March 21, 2011 The country’s top fraudbuster Richard Alderman may be retiring next year but after arresting Robert and Vincent Tchenguiz he has very publicly taken on the fight of his life. Earlier this month, the Serious Fraud Office (SFO), of which the 58-year-old Alderman is the director, briefly arrested and questioned the billionaire brothers along with seven [...]
ACWHAT THE OTHER PAPERS SAY THIS MORNING March 3, 2011 FINANCIAL TIMES HEDGE FUNDS HEAD FOR MALTA TO ESCAPE REGULATION Some of London’s biggest hedge fund managers are shifting their operations to Malta in response to both the rising costs of business and the growing regulatory burden in the UK. The Mediterranean island is emerging alongside traditional rivals to London, such as Swiss towns Geneva [...]
Stockholm Syndrome and Dementors rule the law December 21, 2010 A HARD year for the City’s legal market is drawing to a close, and lawyers at those firms that haven’t cancelled their Christmas parties are looking forward to a booze-filled lead up to the New Year. And giving their two cents in RollOnFriday’s annual Firm of the Year survey. There seems to be little festive [...]