Ashurst set for D-day on LLP and MP posers

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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FSA secondments – an invaluable lesson

The workings and decision-making of the Financial Services Authority (FSA) can appear complex to clients in the regulated sector. Enforcement action is a particular concern for firms. Recent high-profile cases, such as the FSA’s £750,000 fine on hedge fund manager GLG Partners and its former managing director Philippe Jabre, demonstrate the real reputational risks for […]

Departing Cobbetts banking partner fires parting shot at Birmingham strategy

Cobbetts Birmingham banking head Duncan Murray has delivered a stinging parting shot as he becomes the 24th partner to leave the firm in the past two years. Murray has quit to join Midlands firm Needham & James and is lamenting Cobbetts’ strategy in Birmingham. “Cobbetts has problems and I think its position in the Birmingham […]

Govt battles EC on E.ON-Endesa

German energy giant E.ON’s counterbid for Endesa has taken a step forward, with the Spanish national energy commission La Comisión Nacional de Energía (CNE) awarding conditional approval for its E26.9bn (£18.17bn) takeover, following government attempts to block the deal. The CNE has set tough conditions, including the disposal of Endesa’s nuclear power plants and power […]

FTSE 350 companies prepare to slash legal fees

UK law firms are to suffer a blow to the amount of work they receive from in-house lawyers, according to new research by Grant Thornton’s forensic and investigation services practice. According to the research, over half of the FTSE 350 in-house legal teams surveyed plan on boosting their in-house legal teams over the next year. […]

A&O ramps up New York with litigation hire

Allen & Overy (A&O) has bolstered its US litigation practice with the hire of securities litigation specialist Robert Knuts. Knuts joins A&O from East Coast firm Day Berry & Howard, where he was a partner in the firm’s New York office. He previously worked as senior trial counsel in the New York office of the […]

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