DLA gains £5m from London Wall

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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 […]

Recommended

Wragges increases profits by forty five per cent on last year

Osborne Clarke has reported a 40 per cent growth in turnover, pushing its figure from £35m in 1999/2000 to £50m for the last financial year. Osborne Clarke saw its most dramatic growth in the Thames Valley – its smallest office with seven partners – which showed an 88 per cent increase in turnover to £5m. […]

What's in a name?

Bonaparte was wrong. Britain is not a nation of shopkeepers – it is a nation of franchisers. In 2000, the estimated annual turnover of the business format franchise sector in the UK was £9.3bn – up from £0.9bn in 1984 – and with an average turnover per franchised unit of £289,000. Not bad for a […]

Vodafone

Another great telecoms deal for the London office of Cleary Gottlieb Steen & Hamilton, which also advised the underwriters on US law in BT’s record-breaking rights issue in the same week (The Lawyer, 14 May). This deal for Vodafone was the largest ever placement in the UK and the issuance was increased from initial estimates […]

Lincoln’s Inn wins massive rate rebate

Chambers in Lincoln’s Inn are being paid tens of thousands of pounds each in rate rebates following a recent settlement which reduced rates by up to 50 per cent. After 168 appeals by the 26 chambers of Lincoln’s Inn over five years, of which 12 are outstanding, the Valuation Office Agency agreed to reduce rateable […]

A hard act to follow

Wilson v First County Trust Last week was notable for two landmark decisions under the Human Rights Act 1998 (HRA). In the first, Wilson v First County Trust Ltd [2001] EWCA Civ 633, the Court of Appeal made a declaration that Section 127(3) of the Consumer Credit Act 1974 (CCA), which makes a loan agreement […]

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