Fried Frank cuts tie with Simmons to set up alone

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Latest Briefings

Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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Over here and over paid

It has been interesting to follow reports on the escalation of solicitors’ salaries which, except for the US dimension, is reminiscent of the mid-1980s when Gouldens determined to pay in excess of all City firms for newly qualifieds. Back then Gouldens decided on a heady £15,000 against a benchmark of around £12,500. What was less […]

Eurotunnel to boost in-house to take on extra workload

Eurotunnel is looking for an extra three in-house lawyers to cope with a “substantial increase” in its workload, which has resulted from new investment to boost freight services. Head of legal Philip Dewast, based at Eurotunnel’s headquarters in France, says that he will be looking for new recruits to deal mainly with commercial and contract […]

Digests

Norton Rose has announced the promotion of 14 new partners in a move designed to meet the increasing demands of international clients and support the firm’s strategic growth plans. The main expansion areas are banking and corporate finance, each with four new partners, and litigation with three new partners. In the international offices, Chris Viner […]

Russell Jones opens office in Edinburgh

UK firm Russell Jones & Walker has announced that it is to open an office in Edinburgh. The firm plans to offer a full range of legal services, including personal injury, clinical negligence and employment advice. Derek Reekie, partner at Drummond Miller, plans to join Russell Jones & Walker to head the new venture which […]

Projects

Davis Polk & Wardwell represented Morgan Stanley Dean Witter Capital Partners in relation to a £20m equity investment in Riversoft Technologies. Davis Polk’s team of eight in New York and London included corporate partners John Bick and John McCarthy. Slaughter and May provided UK advice while Riversoft was advised by Steinhart & Falconer.

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