Ashurst beats 40% gender diversity target in 2018 promotions

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Latest Briefings

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

Carlyle Capital Corporation Limited (in liquidation) and others v William Elias Conway Jr and others

By Simon Davies “However startling the history of [Carlyle Capital Corporation’s] short life appears at first sight, its failure was the result of circumstances beyond the control of any board of directors.  The Lieutenant Bailiff’s view was that the Appellants’ claim depended entirely on hindsight, and we agree with her.” A judgment handed down in April 2019 […]

Open calls for renewable energy sources announced

By Milos Vuckovic, Petar Mitrovic The Croatian Government is preparing open calls for renewable energy sources, based on the new incentive system with market premiums and guaranteed purchase prices. The aim is to have the open calls announced by the end of 2019. Currently, the Government and the Ministry of Environment and Energy are working on several by-laws, […]

Is it possible to force a buyer to pay in advance under the contract?

By Sergey Vakhrushev Usually, under the delivery contract, the parties agree on the terms about an advance payment for goods, such provision is aimed at protecting the supplier’s interests. However, the provision about an advance payment has negative impacts for a supplier. The provision about an advance payment results in uncertainty performed by a transaction, […]

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A&O turns to Clydes over claim from former banking client

Allen & Overy (A&O) is facing a claim from former client the Abu Dhabi Islamic Bank (ADIB) over the firm’s advice on a previous deal. The claim will be heard in the Dubai International Financial Centre (DIFC)’s court of first instance. ADIB filed its claim in early February and is expected to be heard on […]

Simmons & Simmons

Simmons promotes nine to partnership in latest global round

Simmons & Simmons has made up nine lawyers to partners in its 2018 promotions round, spanning six sectors in Europe and Asia. In pursuit of its 30 per cent female partnership promotion target, women have made up just under half of the promotions at the firm, with finance lawyer Paula Macnamara joining the London office […]

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City trio lead the way as Sainsbury’s confirms £10bn ASDA deal

Linklaters, Slaughter and May and Gibson Dunn & Crutcher have won the top roles on Sainsbury’s shock £10bn merger talks with Asda. Sainsbury’s is being advised by Linklaters partners Iain Fenn and Michael Honan, as well as managing associate Margot Lindsay. Competition aspects of the deal are being led by partner Nicole Kar and Simon […]

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Slaughters and A&O advise in £5bn bank buyout

Slaughter and May and Allen & Overy (A&O) have advised in a £5.3bn asset sale from UK Asset Resolution Limited (UKAR) to a consortium of investors, including bond fund Pacific Investment Management Co (Pimco). Slaughters corporate partner Guy O’Keefe and finance partner Oliver Storey instructed UKAR, which was formed by the UK government at the peak of […]

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