Davis Polk, Shearman act on Ford debt restructure

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Latest Briefings

Draft patent (amendment) rules, 2018 published for objections and suggestions

The Ministry of Commerce and Industry has published Draft Patent (Amendment) Rules, 2018 (Draft Rules) for objections and suggestions. The key highlights of the Draft Rules are broadly set out below: International Applications: Patent agents will be required to file all documents, including scanned copies of documents, only by electronic transmission at the time of […]

Amendment to S. 197 of companies act, 2013 notified: Government approval no longer required for enhancement of managerial remuneration

In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]

Drone usage and the law

By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]

Portugal: An introduction to Energy & Natural Resources

By Rui Amendoeira, Miguel Soares Branco In 2016, Portugal ran for four days straight on renewable energy alone. Recent investments in renewable energies mean that currently Portugal runs approximately 60 per cent on renewable energy all year round. Without relevant oil and gas developments, this European country represents the modern approach to the energy sector with […]

Channel Islands funds quarterly legal and regulatory update: Q4 2018

Jersey Developments Value of regulated funds in Jersey hits record high Figures released by the Jersey Financial Services Commission (JFSC) for Q3/2018 and reported by Jersey Finance, showed that the net asset value of regulated funds under administration in Jersey grew 14% year-on-year to stand at £301.7bn. Ogier’s commentary on this very encouraging news can […]

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Countrywide sale proves big draw for big firms

The negotiations over the fate of debt-ridden estate agent Countrywide have pulled in a dizzying array of legal advisers. The big roles went to Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May on a deal that is likely to see control of the company pass to a group of private equity investors that have injected […]

Pitmans pledges to double City lawyer count

Reading-headquartered firm Pitmans has vowed to double the size of its London office as it takes over a three-partner private client firm. Managing ;partner Christopher Avery said he wants to increase the size of the London office from 15 fee-earners to 30 as soon as possible. The firm has recently taken on a new 6,000sq […]

Private equity debate hijacked by politicos

Leading corporate lawyers have spoken out against the politicisation of the debate over regulation of Europe’s private equity and hedge fund industries, which is expected to form a critical part of the agenda in the forthcoming European elections. Leading ;corporate lawyers have spoken out against the politicisation of the debate over regulation of Europe’s private equity […]

Managing property costs: Lease is the word

US firms prefer high-status locations in the City; UK firms, though, are getting better value out of their properties. In the current climate where cash is king, firms need to be doing everything they can to find new ways of ­generating income from their bricks and mortar. Clifford Chance recently signed a deal to sublet […]

Dewey to cut London headcount

Dewey & LeBoeuf has launched a redundancy consultation in London with the aim of reducing its associate headcount by approximately 15. The US firm will cut about 9 per cent of London-based associates and will also shed 13 per cent of support staff in the capital. In an email sent to all London staff chairman […]

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