GE Capital Global Consumer Finance acquires iGroup, provider of mortgages in the non-conforming sector in the UK, with £1.6bn in assets

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Latest Briefings

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

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Sonsini to take on NYSE directorship

The chairman of Silicon Valley firm Wilson Sonsini Goodrich & Rosati has been elected as a director of the New York Stock Exchange (NYSE). Larry Sonsini, one of the top corporate lawyers in the Valley, was elected along with four other new directors and has been brought in to represent the public on the board. […]

Clifford Chance replaces Asia managing partner

Clifford Chance corporate partner Jim Baird will replace John East as regional managing partner for Asia in mid-July. After three and a half years in Asia, first as senior partner and then regional managing partner, East will return to London to take up his new position of chairman-elect of the Partnership Selection Committee.East said: “There […]

Cadwalader gains political capability with triple hire

New York firm Cadwalader Wickersham & Taft is taking on the former national chairman of the Democratic National Committee to chair a new global public affairs group. Joseph Andrew is joining as a partner in the corporate/M&A department of Cadwalader. He is moving with two other political colleagues to launch the new practice.Douglas Richardson, a […]

Doctor Spin

They promised it would be driven by spin. They promised it would be won and lost on the marketing field. They promised an election driven by style not substance.In the end it wasn’t. This was the election with no substance and precious little style – unless Calvin Klein counts as style. The men in black […]

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