The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Italian lawyers have taken part in an exercise designed to reassure investors and other market participants in the Italian capital markets following changes to securities law in the wake of scandals such as that involving Parmalat.
Michele Crisostomo from Clifford Chance Milan and Gianni Origoni Grippo & Partners London-based partner Marco Zaccagnini were part of a panel organised by the International Capital Market Association, which also included representatives from the Italian Banking Association.
Crisostomo told The Lawyer: "The seminar addressed the main issues in respect to the Prospectus Directive, as well as the legal issues on selling securities through the secondary market. So far the feedback we've had been very positive."
Implementation of the Prospectus Directive has been delayed in Italy. The country has also made changes to its securities-offering law following the Parmalat episode. Changes include stricter provisions for professional investors selling securities to retail investors.