Focus: Art in the Office The art of legal practice

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Latest Briefings

Jersey – a natural home for family offices

Jersey has made no secret of the fact that it strives to be a leading jurisdiction for private wealth management and that it is open for family office business. Determining the number of family offices currently in Jersey is not a straightforward task as there is no universally accepted definition, and no publicly accessible register. […]

Structured Finance & Securitisation

By Patrick D Dolan What legislation governs securitisation in your jurisdiction? Has your jurisdiction enacted a specific securitisation law? Securitisation has developed in Switzerland without specific supporting legislation, and there is no regulatory authority for securitisation transactions. Accordingly, the general legal framework is relevant as for any other financing transaction, such as the Swiss Code […]

Tax Newsletter: Switzerland adopts new corporate tax reform

By Maurus Winzap, Robert Desax On 19 May 2019 the Swiss voters approved the new corporate tax reform. The reform will set the basis for new rules on Swiss corporate taxation and will secure and enhance Switzerland’s overall attractiveness as a business location. The measures will enter into force in 2020. The new proposal aims […]

Project Finance 2019: Angola

By Manuel Protásio, Vanusa Gomes What are the main trends/significant developments in the project finance market in your jurisdiction? Angola is facing several political changes since the new government was elected in September 2017. The new government has made positive progress in strategic areas to promote transparency, good governance and to open the country to […]

Project Finance 2019: Mozambique

By Teresa Empis Falcão, Guilherme Daniel What are the main trends/significant developments in the project finance market in your jurisdiction? Mozambique expects to see the announcement of the final investment decision (FID) for one of the biggest gas projects in the Rovuma basin in the second quarter of 2019. The LNG project developed by the […]

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Financing

Ian Clark of White & Case advised petroleum products distributor Dor Energy on its £50m offering on the Tel Aviv and London Stock Exchanges. Ashurst Morris Crisp advised lead underwriter BT Alex Brown. Israeli firms Goldfarb

Cleared ex-B&C director slams Treasury Solicitors and DTI

The Treasury Solicitor’s department has come under fire for its handling of disqualification proceedings it brought against John Gunn, the former chairman of collapsed company British & Commonwealth (B&C). Gunn was last month cleared in court of any wrongdoing and is now seeking hundreds of thousands of pounds of costs from the Department of Trade […]

Flotation

John Ellard of Linklaters advised Coca-Cola Beverages (CCB) on its £1.7bn flotation on the London Stock Exchange. Richard Cranfield of Allen & Overy advised sponsor Warburg Dillon Read. Ashurst Morris Crisp advised the directors of CCB and Slaughter and May advised San Miguel.

Property

Simon Cookson of Ashurst Morris Crisp advised NatWest on the £226m sale of the International Financial Centre, formerly the NatWest tower, to a partnership of three firms: Greycoat, advised by David Paterson of Herbert Smith; Mercury Asset Management, advised by Nabarro Nathanson; and Hermes, advised by Maxwell Batley.

City assistants beat inflation

ASSISTANT solicitors in the City are enjoying average pay increases of four times the rate of inflation, according to a survey conducted by recruiters Michael Page Legal, in conjunction with The Lawyer. The survey, of the top 200 firms in the UK, shows that solicitors are taking advantage of a seller’s market to receive average […]

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