£700m Abacha dispute finally gets to be heard

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Latest Briefings

SEBI introduces exemptions for companies undergoing CIRP under IBC, 2016

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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TMT deals round-up

Bird & Bird’s office in the Hague (Armand Killan, Harry Rek) has signed a cooperation agreement with the European Space Agency which will see the firm advising on the commercial use of the International Space Station. Masons’ AIM team, headed by Russell Booker, advised chemical genomics business VASTox on its admission to AIM in London. […]

Balancing tact

Back at Clifford Chance, the magic circle firm and mid-size rival Berwin Leighton Paisner (BLP) must have spent an extortionate number of hours at the negotiating table last week, as it appears a fair trade has been made between the two firms. While BLP is crowing about its success in tempting real estate stalwart Robert […]

Piper and DLA put capital markets at top of agenda

Merger suitors DLA and Piper Rudnick have issued a battle cry to finance practices in London and New York after announcing plans to attack capital markets following their anticipated December merger. Management from both firms last week revealed plans to target corporate finance and capital markets in both New York and London. It is understood […]

Rental market saturates as top City firms try to offload space

A slew of law firms has returned excess office space to the rental market while rental prices are still rock-bottom, after overestimating their spatial needs. Hammonds is trying to sublet 10,000sq ft at Devonshire Square, while Freshfields Bruckhaus Deringer wants to offload 17,900sq ft over three floors at 22 Tudor Street. The Freshfields space was previously sublet to Berwin […]

CMS signs up Spanish alliance member

CMS has finally plugged a gap in its European coverage after signing Spanish corporate and finance specialists Albinana Suarez de Lezo (ASL) as an alliance member. The firm formally acceded to the alliance late last month will practice under the CMS banner from January 1, 2005. Headquartered in Madrid, ASL has offices in Seville and […]

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