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Green ambitions for post-Brexit UK financial services

Green finance remains high on the agenda despite the potential distractions of COVID-19 and Brexit. Chancellor of the Exchequer Rishi Sunak has already set out further developments in the UK Government’s plans for the future of financial services post-Brexit. Alongside updates on approach to matters including equivalence and financial technology, the announcement emphasised the UK’s intention to remain a leader in green finance.

Latest Briefings

10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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Luxembourg
1

Freshfields’ absence in Luxembourg is baffling

Luxembourg is the second-largest investment fund centre in the world and the biggest in Europe. This is not new – City firms have been handling funds work involving Luxembourg for decades. But there’s been a step change since the UK’s Brexit vote in 2016. One Grand Duchy-based asset manager GC describes it as “a place […]

Freshfields Bruckhaus Deringer

Eight City lawyers make partner in Freshfields’ 21-strong promotions round

Freshfields Bruckhaus Deringer has promoted eight London lawyers to partner, while also revealing its largest-ever cohort of new US members. All but two of the Freshfields promotions in the City are in its transactions group, with two in disputes (Simon Duncombe and Ali Kirby-Harris are both thought to have trained with the firm). In transactions, […]

Mitchell Presser

Freshfields’ former US M&A head to join MoFo

Morrison & Foerster has hired a corporate partner from Freshfields Bruckhaus Deringer’s New York office for a new leadership role. Partner Mitchell Presser, who left Freshfields last week, will become co-chair of MoFo’s global corporate department alongside existing co-chairs Eric McCrath and Jackie Liu. Presser has been a partner at Freshfields’ New York office for […]

money

Freshfields halts partner distributions for Q4

Freshfields Bruckhaus Deringer will not be dishing out partner profits for Q4, while the magic circle firm has also called off its partner conference, which had been scheduled for this summer. It comes as firms across the board decide whether to hold back or reduce partner distributions, or ask partners to put in slightly more […]

debenhams

Freshfields and Kirkland in action as Debenhams lines up administrators

Department store Debenhams has revealed its intention to appoint administrators, with Freshfields Bruckhaus Deringer and Kirkland & Ellis among the firms acting on the lengthy restructuring process. The department store filed a notice of intent to appoint administrators early this morning, with FRP Advisory working on matters related to an administration. Freshfields has been acting […]

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