Bird & Bird projects 20 per cent PEP rise at half-year

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Latest Briefings

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

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 […]

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Carlyle turns to Latham for China LBO

Latham & Watkins is acting for longstanding client Carlyle Group on the largest leveraged buyout in China – the $371m (£210m) takeover of Xugong Group Construction Machinery, China’s largest construction equipment producer. Carlyle bought an 85 per cent stake in Xugong from the city government of Xuzhou. It is understood that the landmark deal, which is […]

Pay hikes are the sugar rush of the HR world

No fee-earner in their right mind is going to say they don’t want the sort of pay increases that have recently been announced by certain firms. We could all do with a little extra money. But in firing the opening salvos in the latest round of knee-jerk pay hikes, firms are storing up ‘double-trouble’ for […]

Cayman islands

The role of the Cayman special purpose company is under scrutiny. Owen Jones reports

Grapevine

Stadlen slams Pollock and LovellsThe speech of Fountain Court’s Nicholas Stadlen QC at the close of the epic BCCI trial on Wednesday 2 November was so good we decided to print it in its entirety. Well, nearly in its entirety. Here are the edited highlights of his masterful 6,901-word blast:“Today the claimants have, by their […]

Lawyers query Company Law Reform Bill proposals

Lawyers have welcomed the publication of the new Company Law Reform Bill, but doubts remain over some of its proposals. Freshfields Bruckhaus Deringer partner Vanessa Knapp chaired the Law Society’s consultation committee for the bill until August 2005. She believes a clarification of directors’ duties is necessary to avoid conflicts of interest. The bill states that […]

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