Latest Briefings


Non-US banks under the Volcker Rule — a framework for analysing covered fund status

On 10 December, federal regulators voted to approve the final Volcker Rule, which, among other things, relaxed the proposed restrictions on the ability of a non-US bank to own interests in, sponsor and engage in transactions with certain types of investment vehicles. The eased restrictions reflect an overall limitation on the extraterritorial effect of the […]


Germany: A sense of place

In Germany’s decentralised legal market, different cities have their own attractions for local and international firms looking to open an office Germany’s legal market is unique in Europe in being particularly decentralised. Whereas Paris is the only place to be for French corporate law, and Milan and Madrid keep most of the work in Italy […]

Allen & Overy’s index reveals uneven recovery in M&A markets

Allen & Overy’s latest M&A Index has revealed that the recovery in M&A activity predicted at the beginning of 2013 has failed to materialise. According to the index, figures are down; however, a deeper analysis reveals new pockets of activity emerging:  The US continues to be the most active M&A market Spain shows signs of […]

Herbies hires Maitland Chambers’ silk for advocacy unit

When litigation values rocket but the number of fresh instructions fall, how does a firm get in on the action? For Herbert Smith Freehills (HSF) the answer is to hire a new silk into its advocacy unit to help it compete with the bar. Silk Tom Leech QC is leaving Maitland Chambers to join the […]

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