Addleshaws predicts £400K PEP for 2004-05

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Cravath gifts Herbies early Xmas present with Ripplewood referral

Herbert Smith has scooped Ripplewood Holdings as a new client following a referral from US best friend Cravath Swaine & Moore. The City firm was brought in by Ripplewood’s longstanding adviser Cravath to advise the leading US private equity house on the acquisition finance aspects of its purchase of Honsel International Technologies (HIT) from The […]

TMT deals round-up

Masons (Angela Cha) advised insurance company Aviva on the £225m outsourcing of its document services to business process outsourcing provider Williams Lea. Nicholson Graham & Jones (Howard Kleiman) advised Williams Lea. Herbert Smith advised UBS as sole global coordinator, bookrunner, financial adviser and sponsor on the global offer of shares in Phoenix IT Group. When Phoenix began conditional trading […]

Norton Rose expands East Europe practice

Norton Rose expands East Europe practice” />Norton Rose is consolidating its presence in Eastern Europe with a raft of high-profile deals as part of its ongoing push on international projects in EU accession countries and beyond. The firm is advising both the Romanian and Bulgarian governments on deals collectively worth more than €1bn (£700m). Campbell […]

Not enough money for licensing lawyers

Shortfalls in the proposed legal budget will make next year’s overhaul of the UK’s licensing system unworkable, the Government has been told. Local authorities have written to the Department for Culture, Media and Sport (DCMS), which is responsible for licensing, complaining there is a shortfall in the proposed level of funding to cover lawyers’ fees […]

McGrigors’ London base sees turnover boosted by one-third

Mcgrigors has seen a massive upsurge in London work, with City turnover growing by 30 per cent in the past year as firmwide turnover rises by 5 per cent to £42.4m. McGrigors’ financial year ends on 30 September. Of its total turnover, around £18.2m came from London and £24.2m from outside the capital. London now […]

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