Cravath launches restructuring group with rare lateral

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Former Freshfields partner joins Reed Smith to elevate finance offering

Finance partner Rex Rosales is set to join Reed Smith Richards Butler after announcing his departure from Freshfields Bruckhaus Deringer two weeks ago. Rosales is to play a role in expanding Reed Smith’s asset finance and securitisation team, according to head of finance Nola Beirne. Beirne said the team, which consists of 19 finance partners, […]

Travers junior partners’ equity wait extended by a year

Travers Smith has prolonged the time it takes for junior partners to progress into full equity by a year. Junior partners now have to wait three years before they can be considered for the equity partnership, where the average profit per partner stands at £705,000. Voting on this year’s promotions into the equity will take […]

Slaughters hikes salaries to stay in touch at the top

Slaughter and May has sent out letters to its associates outlining their new salaries, which just fall short of the majority of the magic circle’s. Last week’s (1 May) long-anticipated announcement, the firm’s second in six months, sees Slaughters gift its newly qualified associates a 5.8 per cent rise, taking base salary to £63,500 from […]

SJ Berwin enjoys results to shout about

The UK’s law firms are really getting their acts together. We’re just eight days into the new financial year and the results are flowing in. SJ Berwin is the latest to post fantastic figures, with billings up by 23 per cent – which means that an extra staff bonus of five per cent kicks in. […]

Schönherr snares rival’s team in CEE expansion

Austrian firm Schönherr is poised to take the entire real estate team of local rival Cerha Hempel Spiegelfeld Hlawati (CHSH) as it targets massive expansion across Central and Eastern Europe (CEE). The team at CHSH, which has offices across the CEE region, is headed by partners Alfred Nemetschke and Walter Anderl, who will both join […]

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