New York's leading law firms enjoy IPO revival

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Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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A&O elects five new members to board

Allen & Overy has appointed the five new directors for its management board, following a competitive election process involving 14 partners.Managing partner John Rink, senior partner Guy Beringer and finance director Ian Dinwiddie were automatically included on the board.The five elected directors are London-based partners Anne Baldock and Jonathan Brayne, Belgian partner Wim Dejonghe, Dutch […]

DLA, Eversheds and Halliwells on HBOS panel

Halifax Bank of Scotland (HBOS) has set up a formal panel of firms for banking work in the North West. The North West panel is split into three groups: structured finance, corporate banking and business banking. DLA, Eversheds and Halliwell Landau are on all three arms of the panel, while Hammond Suddards Edge and Pannone […]

A&O taps in to Anglian Water rejig

Allen & Overy (A&O) is advising Barclays Bank, Salomon Brothers International and bankers Trustee Company on the restructuring of Anglian Water.The group is being split into two divisions – Anglian Water Group (AWG) and Anglian Water Services (AWS) – in order to consolidate its existing debts, raise new debt and return cash to its shareholders. […]

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Peters & Peters senior managing partner Monty Raphael specialised in white collar crime before the term was invented, and as Jon Robins discovers, his contemporaries still regard him as the godfather of the field

Camerons and Dentons lose out in Crown Estate reshuffle

CMS Cameron McKenna and Denton Wilde Sapte have both lost out in a rejig of the most important Crown Estate panel.The competitive reten-dering of work for the commercial urban estates of Crown Estate, the most significant asset in the portfolio, saw the two heavyweights lose important ground to smaller players.Berwin Leighton Paisner, Burges Salmon and […]

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