Ashurst to establish funds team in Dubai

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Latest Briefings

Rule changes affecting licence exempt supplies of electricity

By Stuart Urquhart Part 1: Electricity network charges and private wire supplies There has been a raft of recent announcements relating to aspects of energy regulation, many of them not entirely positive for developers of renewable energy projects.  This includes:- Ofgem’s consultation of 28 November proposing the removal of “embedded benefits” relating to balancing services use of system […]

Hungary: Tricks and Traps of Electronic Communication

By Kinga Hetényi, Alexandra Bognár We have seen continuous development over the past few years in the means of communication with the judiciary as well as central and local administrative bodies. But there are pitfalls one should be careful to avoid. The basics of electronic administration Electronic administration allows users to communicate efficiently with courts, authorities and […]

Don’t jump the gun! Mergers may be caught in the Romanian Competition Council’s crossfire

By Mona Banu, Cristiana Manea Gun jumping refers to premature enforcement of a merger before obtaining clearance from the competition authority. While most companies are aware of this interdiction, it can be difficult to balance the scope of the competition standstill obligation during the pre-closing period and the measures taken by the acquiring company to protect the […]

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ILP appeals for pro bono talent for overseas work

The International Lawyers Project (ILP) is looking for City lawyers who have been made redundant to help develop overseas projects. The ILP, which is based at Clifford Chance’s Canary Wharf headquarters and is funded by sponsors including all the magic circle firms, aims to encourage lawyers to get involved in the equivalent of voluntary service […]

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Private equity: more lawyers in the house

Nearly half the lawyers working at private equity houses are having their salaries ;significantly enhanced through receiving shares of fund’s profits. The news comes as an increasing number of ­private equity houses look to hire in-house counsel, with Apax the latest house searching for an internal lawyer. Bridgepoint ;hired ­Travers Smith partner Charles Barter (pictured) […]

The political and the personal

“This is an unsettling time for everyone,” runs the Allen & Overy (under)statement. You can say that again. What’s going on in the magic circle at the moment feels savage, but that may just be because of its contrast with the top-of-the-world confidence found at the same firms two years ago. Smaller firms, which have […]

Tower Snow makes return to private practice

The former Brobeck Phleger & Harrison chairman who masterminded Clifford Chance‘s ill-fated US West Coast venture has resurfaced in private practice. Tower Snow will join San Francisco firm Howard Rice Nemerovski Canady Falk & Rabkin as a securities litigation partner after spending three years as an independent consultant. Snow said: “I was obviously disappointed with […]

Banking & Finance Special Report: Crash and learn

As financial institutions look back at their restructuring practices, it has become clear that lessons need to be learnt from past mistakes. The explosion of restructuring work since the start of the year means an increasingly large number of hedge funds, banks, agents and advisers are poring over 2005-07 leveraged loan deals. Now is the […]

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