Apax on the hunt for first general counsel

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Latest Briefings

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 […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

Prinsjesdag- Tax plan 2019

The government submitted the Tax Plan 2019 and related legislative proposals to the House of Representatives. A number of parts of these legislative proposals that may be relevant include: 1. Change of rates in corporation tax, income tax and VAT 2. Limiting depreciation possibilities buildings in own use 3. Limitation periods for loss settlement in corporation […]

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From a cross to bear to a leap of faith – private equity’s second coming

Putting houses in order is becoming the mainstay of law firms’ private equity work, says Kian Ganz. It feels like a world away, but it’s not so long since private equity was a major driver of many firms’ corporate revenues. With the dearth of credit and the global downturn, private equity practices have largely turned […]

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Apax on the hunt for first general counsel

Private equity group Apax Partners is set to hire its first global general ­counsel, joining a growing list of funds employing ­dedicated in-house lawyers. The group has appointed recruiters to find candidates, although the position is not being advertised publicly. It is understood that the post will be based in London and will pay between […]

DWF turnover hits £60.1m in 2008-09

DWF generated turnover of £60.1m in the past financial year, a rise of nine per cent on the £55.3m it made in 2007-08. The percentage growth for the full year is marginally lower than it was at the half-year stage, when the Manchester-headquartered firm recorded growth of 12.5 per cent for the first six months […]

UK watchdogs: united they stand, divided they fail

The Allen Stanford case highlights the powerful impact that government can have when agencies join forces to catch ­criminals. Although it is a challenge to find anything positive in the face of such far-reaching fraud affecting so many innocent victims, the united front shown by the US Department of Justice (DoJ), of which the FBI […]

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Latham’s Dell speaks out on redundancies

Latham & Watkins managing partner Bob Dell has today spoken out about the firm’s record 440 layoffs. Earlier today, the US firm announced its plans to cull 190 associates and 250 paralegal and support staff employees (27 Feb 2009). The news followed a profits drop at Latham of 21 per cent for the 2008 financial […]

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