Commercial Court activity: Q3 18

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Latest Briefings

Bermuda Court exercises inherent jurisdiction to appoint protectors

In the Matter of the H Trust [2019] SC (Bda) 27 Com (30 April 2019), the Supreme Court of Bermuda delivered an important judgment in which it exercised its inherent supervisory powers over trusts to appoint protectors. In its decision, the Court also reaffirmed the wide breadth of the Court’s jurisdiction under Section 47 of […]

New Section 21 Notice Form 6A released

By Karl Anders, Deborah Brown On 1 June 2019 a new Section 21 Notice Form 6A will replace the current version. This is to coincide with the commencement of the Tenant Fees Act 2019. The main changes to the notice are in the section explaining the restrictions on terminating a tenancy under Section 21 of […]

Angola: Amendments to the Industrial Tax Code

By Samuel Fernandes de Almeida, Joana Pacheco Law 4/19, of 18 April 2019, has introduced several amendments to the Industrial Tax Code. We would highlight the following amendments: • 7% or higher foreign exchange variations in connection with fixed assets and liabilities are disregarded as income or cost for Industrial Tax purposes; • Interest borne […]

Acquisition Finance- 2019

By Ryan Bekkerus, Alexandra Kaplan and Marisa Stavenas What territory’s law typically governs the transaction agreements? Will courts in your jurisdiction recognise a choice of foreign law or a judgment from a foreign jurisdiction? In general, Portuguese law is retained for many transactions with soft domestic and international investors, certainly in all cases to govern […]

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Magic circle firm wins Goldman Sachs mandate on HQ sale

Linklaters and DWF have led in the £1.2bn sale of Goldman Sachs’ new City headquarters, in the biggest deal announced for a London office building this year. The magic circle firm’s real estate partners Patrick Plant, Simon Price and corporate real estate partner Tom Watkins led for Goldman Sachs Group, which has sold its new, unfinished European headquarters […]

Ashurst and Freshfields face off in battle for British oil company

Ashurst, Freshfields Bruckhaus Deringer and K&L Gates are advising on the £608m hostile takeover offer of British oil and gas company Faroe Petroleum by a Norwegian rival. At the end of November, Norwegian company DNO ASA swooped in amid the slide in the price of oil to announce its firm intention to make an offer for Faroe Petroleum, […]

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