Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]
By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]
By Joel Benjamin, Muborak Kambarova New Law on Tourism On 18 July 2019, the President of Uzbekistan signed a new Law on Tourism. The previous law dates from 1999 and has 22 articles. The new Law contains 45 articles. According to the Law, the State Committee for Tourism Development is an authorized state body in […]
By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]
By Milica Filipovic, Sanja Spasenovic Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into force on 21 […]
Many sets have been ploughing investment into new management structures over the past 12 months, with some bringing in chief executives to steer them through the implementation of the Legal Services Act.
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RBS’ former litigation head Laura Durrant, who joined White & Case amid a spate of hires to its financial institutions group, has left the firm after little over a year. Durrant previously spent eight years at RBS and four years as an associate at Herbert Smith Freehills. Following her exit from White & Case, she […]
Macfarlanes and Freshfields Bruckhaus Deringer have won the top roles on the £1.8bn merger between wealth managers Smith & Williamson and Tilney. Bringing together two of the UK’s longest-established wealth management and professional services businesses, the combined group will be named Tilney Smith & Williamson with an enterprise value of approximately £1.8bn. Smith & Williamson […]
Slaughter and May senior partner Steve Cooke is among four senior lawyers to have joined a newly-created advisory board for artificial intelligence start-up Luminance. The firm’s senior partner is among those appointed to champion the use of AI in law, contributing wisdom on best practices when it comes to adoption in law firms and organisations, […]
Following on from the hire of Ashurst’s former managing partner James Collis, Squire Patton Boggs has recruited Herbert Smith Freehills partner Ian Yeo in a bid to boost its team. Yeo previously spent 13 years as a partner at HSF and was a trainee at Clifford Chance. He was also at Dentons for a short […]
Macfarlanes and Bryan Cave Leighton Paisner have acted on the £120m sale of Transport for London’s (TfL) historic Westminster headquarters. TfL has sold a 150 year lease on 55 Broadway, a Grade I listed building overlooking St James’s Park, to property developer Integrity International Group. Macfarlanes, led by real estate partners Dominic Cunliffe and Anthony Burnett-Scott, […]
The number of US law firms without a presence in the City is set to diminish even further, as Atlanta-headquartered Alston & Bird hires four lawyers from K&L Gates to kickstart its London operations. Alston & Bird has hired K&L Gates finance partners Andrew Petersen and James Spencer, as well as competition partner James Ashe […]