LPC Notes - Stage 2

I have updated the Dropbox folder and inserted my notes for Advanced Property Law, CDR and Acquisitions.

Good luck!

LPC Notes

I am sorry I have not posted anything in a very long time as I have been very busy but I will be talking more about that later!

I am currently undertaking the 7 month LPC and so I have completed the first set of exams.

I have made all my notes using the textbook, the iTuorials, workshop notes and Guru notes (which I do not recommend buying!) and you can find these, for free, below.

German nuclear shutdown forces E.ON to cut 11,000 staff

The financial effects of the Fukushima nuclear power crisis continued on Wednesday as Germany's E.ON announced that plans by its government to shut the country's reactors in response to the Japanese disaster would result in up to 11,000 job losses.

As fears mounted that the nuclear shutdown would significantly increase Germany's industrial operating costs – weakening its competitiveness in an already fragile global economy – E.ON announced a swing into the red, a dividend cut, the redundancies and profits warnings for the next three years.

Germany's biggest utility, which on Friday announced an average 15% price rise for its five million domestic UK gas and electricity customers, took a €1.9bn (£1.7bn) charge relating to plant closures and a new tax on spent nuclear fuel rods, pushing the group to its first quarterly loss in 10 years – a second-quarter deficit of €1.49bn.

Sale of MySpace knocks News Corp

Media giant News Corporation has seen its quarterly profits fall 22% on the back of losses caused by the sale of the MySpace social networking website.

The company, whose UK subsidiary News International has been rocked by the phone hacking scandal, made $683m (£423m) net profit in the three months to 30 June - down from $875m last year.

News Corp sold MySpace in June for $35m, having paid $580m for it in 2005.

Stock markets rally as fears of France downgrade abate

European markets have rebounded in early trade after Asian markets steadied overnight.

In London, the FTSE 100 index was up by 1.85%, Germany's Dax index was 2.2% higher and the Cac 40 in France rose 2.1%.

French banking shares were among the biggest gainers, with Societe Generale shares up 6%.

Fears about the financial stability of France and its banks were a key trigger for Wednesday's steep falls.

HSBC sells 195 New York branches for $1bn

The disposal of 195 branches to First Niagara Bank was announced less than 12 hours before the bank publishes its financial results for the first half of the year, which are forecast to show a pre-tax profit of $10.9bn.

Iraq - BP will be paid even when production is disrupted?

BP has been accused of taking a "stranglehold" on the Iraqi economy after the Baghdad government agreed to pay the British firm even when oil is not being produced by the Rumaila field, confidential documents reveal.