The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
An exhaustive analysis of the UK market including every firm in the top 200 ranked, analysed and benchmarked, UK chambers ranked by turnover, revenue per barrister and which international firms are most active in the UK.
The securitisation is a twist on traditional sale and leaseback deals carried out by the likes of House of Fraser or Tesco. Sainsbury's keeps control of the 16 properties and cuts its tax bill.
Other retailers are likely to follow suit as commercial pressures force them to make the most of their fixed assets.
CMS Cameron McKenna partner Nick Brown says: "Not only does the securitisation unlock some of the value from the company's property portfolio, it will also bring greater certainty to the organisation's financial planning.