26 July 2010
With Gibraltar’s transition from tax haven to mainstream financial services centre almost complete, Michael Castiel examines the impending changes
General counsel Dominic Bacon thrives on the challenge of building up legal teams from scratch. Andrew Pugh discovers that Bacon’s positive, hands-on approach is highly valued at WorldSpreads
?Despite recent setbacks, Cayman’s funds industry is holding firm and proving to be a barometer for the industry as a whole. By Tania Dons
Baker & McKenzie has advised Thailand-based Boon Rawd Brewery in its £6m sponsorship deal with Manchester United FC.
Baker & McKenzie has been appointed as global IP counsel for manufacturing giant JCB.
Incoming Halliwells staff ringfenced into sub-LLPs to protect against potential claims from legacy clients
?The Channel Islands offer exciting opportunities as financial recovery looms, but how do they differ and what does the future hold? By Robin Smith and Ben Morgan
The Chinese government has taken a tougher stance on direct foreign investment, but this hasn’t stopped BVI or Cayman vehicles being the most efficacious medium for doing so. By Greg Knowles
With the economic recovery in a fragile state, international financial centres should be left to conduct business as usual as they aid growth in both the developed and developing economies. By Grant Stein
Eversheds will pay out a total of £2m in bonuses next month to all staff for the first time in two years.
Eversheds is advising IT infrastructure outfit Dimension Data in its £2.1bn proposed takeover by Nippon Telegraph and Telephone Corporation (NTTC).
Despite it being summer, these are still dark days.
With long hours the norm for most lawyers, achieving a work-life balance can be an uphill task. Should magic circle firms be doing more to help their associates?
Freshfields Bruckhaus Deringer has taken the rare step of bringing in a non-partner from a rival firm as an equity partner.
When Halliwells filed notice of its intention to appoint an administrator at the end of last month (TheLawyer .com, 25 June), Mike Ward, senior partner at HBJ Gateley Wareing, got straight on the phone to Shay Bannon and Dermot Power at BDO.
Hammonds is looking to shore up its German offering, with one eye on Frankfurt - but the firm may have a tough time attracting partners following the closure of its Munich office.
When it comes to innovation in the field of IP, Guernsey is leagues ahead of its competitors, both on and offshore. By Elaine Gray
Ukrainian firm Arzinger was established eight years ago by two former general counsel who became disenchanted with working in-house.
?Linklaters could be facing a major tax bill for its India-related work following a Mumbai Income Tax Appellate Tribunal (ITAT) decision to apply a retrospective amendment to its Income Tax Act. The ITAT upheld the original view of the tax assessing officer that all of the magic circle firm’s income relating to India dating back to 1995 should be taxable. Other firms could also be subject to the tribunal’s ...
Obtaining tax relief as a result of a costly mistake is difficult in England. Change may be on the cards, says Richard Wilson
?Norton Rose has continued to grow its Asian footprint with the hire of two IP partners from DLA Piper’s Hong Kong office. Non-contentious IP and technology specialist Gigi Cheah and contentious and non contentious IP lawyer Justin Davidson will join the City firm’s Hong Kong practice, taking its partner headcount to ...
O’Melveny & Myers secured the prize mandate acting for longstanding client Coller Capital on its acquisition of a majority stake in Bank of Scotland’s private equity business.
When dealing with difficult or intransigent disputants, having the ability to use a neutral to facilitate a negotiated settlement can be invaluable.
?The thriving financial centres of the Crown Dependencies are an essential part of the UK economy, a fact not lost on the coalition Government. Chris Bound and Susan O’Leary report
Dechert has taken on James Waddington, who joins the firm in London as a partner.
Being part of the EU customs area with tax benefits, the Isle of Man is an ideal base for companies exporting into the EU. By Mike Edwards
SAS Daniels has become the latest firm to promote a non-lawyer into its equity partner ranks. Chief operating officer (COO) Andrew Perry has taken over responsibility for the central management of all the firm’s offices across Cheshire. Perry joined the firm as business manager in 2003. “Equity status adds an even greater level of involvement and commitment,” he said, “and that’s a real motivator for me.” SAS Daniels joins a growing number of firms to have promoted non-lawyers into ...
SJ Berwin’s funds team has scored a new client in the shape of European LBO firm Gilde Buy Out Partners, acting for it on a new €800m (£677.48m) fund.
Individual and corporate insolvency in Mauritius is now governed by a new act that aims to simplify the current legal framework. By Malcolm Moller
?Cambridge law firm Taylor Vinters has formed an alliance with Singapore technology specialist firm Keystone Law Corporation. The move comes shortly after the former’s London launch on 1 June. Taylor Vinters also has a relationship with another Singaporean firm, Engelin Teh Practice, which handles the firm’s litigation and arbitration issues in the country. According to Taylor Vinters chief executive ...
After more than 30 years as a lawyer for The Times, Alastair Brett left this month. Katy Dowell looks back at a glittering career and conjectures on why it all ended so abruptly
Several leading barristers’ chambers have reported 100 per cent retention rates for their newly qualified barristers as work levels for junior tenants soars.
Tulkinghorn dutifully ignored the wailing and gnashing of teeth that accompanied some minor football tournament in South Africa that seemed to excite so many people these past few weeks.
London-based firm Wedlake Bell has posted the biggest rise in average profit per equity partner (PEP) of the 2009-10 financial year so far - an astonishing 120 per cent
The Cayman Islands has long been seen as an investor-friendly jurisdiction, but as Peter Hayden explains, winding up funds has become a whole lot trickier since the downturn
What’s your favourite film? Excalibur, directed by John Boorman.