Herbies scoops Lehman’s Mifid expert

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Lovells’ Prof-Media relationship blooms

Lovells has cemented its relationship with Russian media company Prof-Media, advising on its purchase of Wayfarer Media, the holding company of MTV Russia and VH1 Russia. The deal saw Prof-Media, advised by an all-female team led by Lovells’ Moscow managing partner Oxana Balayan, acquire 100 per cent of Wayfarer’s shares from MTV Networks International and […]

Stones’ figures on the up after rejig

South West firm Stones Solicitors’ year of reorganisation, during which it closed its under-performing Sidmouth office, saw its turnover inch up by £100,000 to £7.9m. Stones’ five other offices in the South West all experienced steady growth, while its niche travel and commercial property groups saw revenue shoot up. In November the firm rejigged its […]

DWS hikes salaries by 17 per cent

Denton Wilde Sapte (DWS) is the latest firm to announce salary increases, with a 17 per cent rise for newly qualified (NQ) lawyers. NQs will now be paid £62,000, up from £53,000, while first-year trainees have received a 20 per cent rise, from £30,000 to £36,000. The move comes after City firms announced dramatic hikes […]

A&O, CC go head-to-head on record Middle East private equity deal

Allen & Overy (A&O) has helped secure the largest-ever Middle Eastern private equity transaction. The firm, led by corporate partner Pervez Akhtar, advised Morningtide Invest and Egyptian private equity house Citidel Capital on the $1.4bn (£703.56m) sale of Egyptian Fertilizers Company (EFC) to Abraaj Capital. A Clifford Chance team led by Simon Clinton advised Abraaj […]

DLA Piper finds figures to fit in

Not to be outdone by the flurry of results announcements coming out of the legal community, DLA Piper, which reports on a calendar-year basis, has come up with unaudited figures for the UK financial year. According to the firm, revenue on the non-US side of its business during the UK financial year totalled £445m, up […]

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