Freshfields instructed in Vue Entertainment MBO

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Cadwalader’s Croke jumps ship for Orrick

Orrick Herrington & Sutcliffe has raided Cadwalader Wickersham & Taft for two structured finance partners, including the high-profile James Croke, for its New York office. Croke and Peter Manbeck both join Orrick as partners. They are both structured finance specialists with experience in a broad range of areas, including asset-backed commercial paper and collateralised debt […]

Forsters records best year ever with £487K PEP

Property-based Mayfair firm Forsters has confirmed its best year ever with an average profit per equity partner of £487,000, a rise of 29 per cent. The 27-partner firm may have also secured itself a first-time spot in the top 100 firms by revenue with a 25 per cent increase in gross fees to £19.9m. Managing […]

Insurers face $3.5bn World Trade Center suit

A trio of New York firms have scooped roles advising on the $3.5bn (£1.9bn) litigation filed against World Trade Center insurers yesterday. Skadden Arps Slate Meagher & Flom insurance partner Timothy Reynolds is advising the Port Authority of New York and New Jersey (PANYNJ) alongside Wachtell Lipton’s Marc Wolinsky, acting for developer Larry Silverstein, in […]

Profits and performance

Partners at ASB will be taking comfort from the fact that profit per equity partner (PEP) is up by 24 per cent on last year, hitting £161,000 after 2004-05’s £130,000. Bizarrely, the firm declined to reveal fee income, which is understood to have remained static at last year’s £18.2m. Recent months have also seen strong […]

People

Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. US firm Akin Gump Strauss Hauer & Feld has appointed David D’Urso as a partner in its New York private equity […]

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