Cleary Gottlieb promotes eight to partnership

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

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 […]

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King & Spalding makes up 12 to partner

US firm King & Spalding has promoted 12 associates to ­partner level, including two in London. The firm has made up eight partners across its US offices, two in Abu Dhabi, where the firm opened in March (The Lawyer, 24 March), and two in ­London. In the UK Michael Rainey and Pulina Whitaker join the […]

Allen & Overy half-year turnover up 11 per cent

Allen & Overy half-year turnover up 11 per cent” />Allen & Overy’s (A&O) half-year turnover increased by 11 per cent to £548m compared to the same period last year. The firm said that the results were buoyed by the impact of global market turmoil. Managing partner Wim Dejonghe (pictured) said: “Business is holding up for […]

Pinsents tightens AIM stranglehold as downturn hits market capitalisations

Pinsent Masons continues to lead the way in terms of the number of AIM clients, with DLA Piper and Norton Rose having lost ground since the last quarter. According to the latest data from Hemscott, DLA Piper, which was previously ranked second, has lost three clients over the past three months, while Norton Rose has […]

Redeeming features

The financial crisis has sparked a flurry of investors seeking to redeem their investments. Funds with adequate safeguards in place will be the ones that survive, say Sandie Corbett and Caroline Williams Stresses from the subprime meltdown and other recent events in the banking sector have had an adverse impact on certain hedge funds, taking […]

Global firms praise Russia’s courts for progress made in cleaning up their act

A report has found that the Russian court system has made great strides to entice oligarchs and businesses back to the country, months after it came under fire for lacking independence. Global firms with Russian offices – including Baker & McKenzie, Chadbourne & Parke, CMS Cameron McKenna, DLA Piper and Herbert Smith – have said […]

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