Banking and finance

Omega Poole

Mishcon hires new real estate finance partner from US firm

Mishcon de Reya has broadened its consultancy services offering with the hire of real estate special situations partner Omega Poole from Brown Rudnick. Poole will join Mishcon’s real estate finance group, where she will offer a new debt advisory service, assisting clients throughout real estate transactions, from sourcing of debt to completion. Between 2003 and […]

Charlotte Hill

Taylor Wessing plugs regulatory gap with Covington hire

Taylor Wessing has hired a Covington & Burling partner to lead its financial services and competition group, following the exit of previous head Jonathan Rogers to White & Case. Charlotte Hill will fill the seat left empty by Rogers, the firm’s former head of financial services regulatory. He left Taylor Wessing last November for the […]

Norton Rose

Norton Rose Fulbright reels in Hogan Lovells rail partner

Norton Rose Fulbright has snapped up Hogan Lovells‘ former co-head of rail and shipping, making him the firm’s second City partner hire in a week. Simon Gwynne focuses on asset finance and structured finance involving aircraft, rolling stock, telecoms equipment and shipping. He joined Hogan Lovells from Linklaters in May 2011, alongside the magic circle […]

Holborn Viaduct

Second Akin Gump partner heads for Dechert

Dechert has brought in a second partner from Akin Gump Strauss Hauer & Feld in as many weeks, following on from the recruitment of funds lawyer Thiha Tun at the end of last month. Akin Gump partner Sarah Smith will join Dechert’s finance practice. She leaves amid a boom in Akin Gump City figures, with […]

Analysis

Cropped shot of a doctor shaking hands with a businessman

Emerging opportunities in CEE healthcare

Central and Eastern Europe’s healthcare industry is fast emerging as an attractive destination for domestic and international investors, says research by Kinstellar and The Lawyer of over 100 corporates, financial investors and advisers active in the healthcare sector.

Irish banks’ toughest test

For Ireland’s banking sector, 2017 could be a significant year. Almost a decade on from the financial crisis Allied Irish Bank (AIB) which – along with Bank of Ireland, is one of the country’s two pillar banks – could return to private ownership in 2017.

Featured Briefings

Challenging an IVA on the grounds of material irregularity

By Simon Clark, Gawain Moore In Gertner v CFL Finance Ltd [2018] the Court of Appeal found that there had been a material irregularity at the creditors’ meeting convened to consider the debtor’s IVA proposals. The lender’s breach of the good faith principle between creditors was sufficient to revoke the IVA on grounds of material irregularity.

UK and Germany – A new post-Brexit partnership

For decades, Germany has been one of the biggest foreign investors in the UK. While the British love to talk about their ‘special relationship’ with the United States, there is now every chance that, in a post-Brexit world, Germany will become the UK’s new priority…

India: PCE for bonds rationalised

On 18 May the Reserve Bank of India issued a circular on ‘Partial Credit Enhancement to Corporate Bonds’ which rationalises the existing “Guidelines on Partial Credit Enhancement to Corporate Bonds by Banks”… …The introduction of two ratings by the Circular will provide comparable rating statistics for the bonds, thereby offering more comfort to the banks. […]

Cayman and BVI poised to benefit from Islamic finance growth

Offshore centres are poised to benefit from the enormous growth forecast in Islamic finance over the next few years, says Ogier’s Head of Banking and Finance in Asia. Anthony Oakes, who leads the banking and finance team in the firm’s BVI and Cayman-focused Hong Kong office, says that the combination of increasing appetite for Islamic […]

Jersey’s bank recovery and resolution law

The draft Bank (Recovery and Resolution) (Jersey) Law 201- (the Law) was lodged au Greffe on 20 December 2016. The Law is in many ways complementary with the draft Bank Depositors Compensation (Jersey) Law 201- (the JDCS Law, which will replace the depositor compensation scheme established in Jersey in 2009) lodged au Greffe on the […]

Foundations – recent offshore developments

This article first appeared in the JEP Wealth Management Review. By Josephine Howe It has been possible to establish a Jersey Foundation since the introduction of the Foundations (Jersey) Law in 2009. Since that time there have been approximately 300 Jersey Foundations incorporated. Following the introduction of foundations into Jersey law, many other offshore and […]

Finance litigation briefing Nov 16: impecuniosity; and more

By Greg Standing, Ian Weatherall Enforcement and priority of an unpaid vendor’s lien Doubly-secured creditor and the doctrine of marshalling Indefinite suspension of bankrupt’s discharge Petitioning creditor must be a current creditor Impecuniosity no grounds for granting relief from sanction Enforcement and priority of an unpaid vendor’s lien We last reported on the case of […]

Switzerland: venture capital investment Q&A

By Luc Defferrard, Maurus Winzap and Florian Gunz Niedermann 1. What are the main characteristics of the venture capital market in your jurisdiction? Venture capital and private equity The term “private equity” is used broadly and there still is a tendency to combine “private equity” and “venture capital”. However, the level of sophistication has increased […]

New monitoring process for cross-border transactions of Ukrainian residents

In August 2016, the National Bank of Ukraine (NBU) adopted a package of regulations, which from 1 September 2016 introduce significant changes to the scope and procedure for local banks to monitor the cross-border financial transactions of Ukrainian residents. Among the new measures is the Regulation on Analysis and Verification by Banks of Documents and Information on Financial […]

The shareholders are revolting

In scenes that took us back to the ‘shareholder spring’ of 2012, April 2016 saw several instances where shareholders revolted against perceived boardroom excess by voting against proposed remuneration packages for executives. ‘Last chance saloon’ In particular on 14 April 2016 almost 60% of BP’s shareholders voted against a £14m pound pay package for its CEO. Since then […]

India: FDI liberalisation in the ARC sector

Close at the heels of the announcement made in the Union Budget in February 2016, the Government released Press Note 4 of 2016 dated 6 May 2016 (Press Note 4) liberalising foreign entry norms in asset reconstruction companies registered with the Reserve Bank of India (RBI) (ARCs) by allowing 100% foreign direct investment (FDI) under the automatic route in […]

Rebates: a hidden danger for invoice discounters

Debtors do not have to inform invoice financiers of agreed rebates according to a recent case in the Court of Appeal which upheld an earlier High Court decision. Funders will be expected to make their own enquiries; should they fail to do so, it is at their own peril. The case involved a claim by the financier (Bibby […]

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here