Cleary leads the way aboard the bank capital-raising bandwagon

If US-style equity offerings cross the Pond the magic circle will be ready.

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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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Littleton’s turnover up by a fifth

Littleton Chambers has recorded a 20 per cent growth in turnover in the last year, allowing the set to capture four barristers from Cloisters, including its latest recruit Martin Palmer. The 48-barrister set, which according to The Lawyer Bar Top 30 had a turnover of £18.1m during the 2006-07 financial year, puts the record percentage […]

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Companies should obey the law in lawless lands

In the gallons of ink spilled in the debates over business and human rights, one assumption has remained uncontested: companies should obey the laws in the jurisdictions in which they operate. In the words of the International Chamber of Commerce: “All companies are expected to obey the law, even if it is not enforced, and […]

Irwin Mitchell bolsters corporate team with swoop for Howard Kennedy partner

Irwin Mitchell h a s poached Howard Kennedy corporate partner Andrew Woolf. Woolf joins the firm’s London corporate team after four years with Howard Kennedy. Head of Irwin Mitchell’s business and private client group Peter Wylde said: “Andrew has the right mix of entrepreneurial flair and legal expertise to complement our corporate team in London […]

Speechly exceeds expectations with 18 per cent rise in turnover

Speechly Bircham has exceeded its budget expectations to report an 18 per cent turnover growth for 2007-08 of £47.2m. “We slightly surprised ourselves,” said managing partner Michael Lingens. “We were expecting about £1m less – growth of about 14-15 per cent. That extra 3 or 4 per cent goes straight to our bottom line.” Profit […]

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