Eversheds, Walkers launch in Singapore

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Redundancies continue to hit mid-market players

Law firm redundancies have continued apace, with Addleshaw Goddard, Ashurst Denton Wilde Sapte and SJ Berwin all making cuts. Ashurst is set to cull 10 equity partners from its global ranks, while at Addleshaws 19 partners were asked to leave on the grounds of overcapacity. SJ Bewin has launched a series of consultations that could […]

Bakers, CC, White & Case launch Kazakhstan fund

Baker & McKenzie, Clifford Chance and White & Case have advised on the creation of a e100m (£90.6m) private equity fund on behalf of Kazakhstan’s sovereign wealth fund. The Kazakhstan Growth Fund will use money from the European Bank for Reconstruction and Development (EBRD) and Samruk-Kazyna, the sovereign wealth fund, to invest in the country’s […]

Fulbright: revenue and PEP up 7 per cent

Fulbright & Jaworski has reported relatively robust financial figures for the 2008 calendar year, with revenue and profits both rising by around 7 per cent. The US firm saw average profits per equity partner rise by 7.35 per cent, up from $776,966 at the end of 2007 to $833,000 at the 2008 year end. Over […]

Opinion: Firms should be shy of retiring their partners

Life expectancy is rising by 15 minutes every hour. For a 45-year-old partner it will have increased by five years by the time they retire at 65. Partners will, ­therefore, need to support themselves for 25 years or more after the end of their ­working lives. The recent dramatic collapse in the value of investments […]

City’s top firms mop up the banking mess

When it comes to the UK’s banking crisis, if you are not part of the City’s elite it is unlikely that you will win a key role. Slaughter and May has long established itself as the Government’s adviser of choice – if there is even a sniff of a banking problem, the Treasury will be […]

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