CC rejigs partnership in drive to lead ‘elite group’

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By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

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By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Skadden in shake-up of London groups

US firm Skadden Arps Slate Meagher & Flom has launched a number of ­practice groups in London in a bid to insulate its ­business against changing market conditions. The four new groups, which will utilise lawyers from existing practices in London, are tax controversy, financial services, investment funds ;and ;corporate ­investigations. European ;managing ­partner Bruce […]

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CC, Links redundancy payouts: which is the biggest spender?

Time is money. Or at least, it is for the staff at Linklaters. Time is money. Or at least, it is for the staff at Linklaters. The firm will slash up to 270 jobs in London as part of a strategic programme dubbed ‘Project New World’. The redundancy payments these people receive will be based […]

Akin posts rises in revenue and PEP in spite of exits

Akin Gump Strauss Hauer & Feld has posted a sharp rise in average profit per equity partner (PEP) for the 2008 financial year, with PEP up more than 16 per cent to $1.4m. The Texas-headquartered firm also managed a rise in revenue to $780.5m, an increase of just under 4 per cent. A number of […]

Partnerships Special Report: Cutting pledge

In these tough economic times, law firm partnerships must be prepared to make decisive cuts to their cost bases. They just need to be careful where and how they wield the knife, say David Hawley and James Anderson As economic and market conditions have deteriorated in recent months, firms have turned their attention to two […]

A&O, Clifford Chance on Abu Dhabi banks deal

Allen & Overy (A&O), Clifford Chance and White & Case have advised on the Abu Dhabi Government’s 16bn AED (£2.98bn) bail-out of five local banks. Clifford Chance advised the Abu Dhabi Government on its tier 1 capital injection into the emirate’s banks. Capital markets partner Simon Sinclair in London and Abu Dhabi capital markets partner […]

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