Latest Briefings

Changes in the real estate landscape

The past week has seen significant changes for all involved in real estate. This article summaries the key points owners and their advisors need to know.

Coronavirus Angola: Measures on commercial activity

In the context of mitigating the consequences of the COVID-19 pandemic on the economy, the Ministry of Commerce has approved Executive Decree No. 143/ 20 of 9 April, which establishes a set of measures aimed at maintaining commercial activity across the whole country during the State of Emergency.

Resolving multi-party and multi-contract disputes

Which of the ICC, LCIA, HKIAC and SIAC rules, if any, is most adapted to resolving multi-party and multi-contract disputes? Multi-party arbitration may occur under the situations; (i) several parties to single contract “multi-party arbitration” and (ii) several parties to several contracts “multi-contract arbitration”. Due to the involvement of more than one party in the […]

Covid-19: Restriction of state court activity and alternative dispute resolution methods

By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]

Bermuda amends national pension scheme – update #4

The amendments to section 24 of the National Pension Scheme (Occupational Pensions) Act 1998 (“the NPS Act”) that expand the ability of members and former members of defined contribution pension plans and local retirement products to obtain limited refunds from their pension balances, will become operative on 1 June 2020.

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Corporate

RWE makes a £1.87bn public offer for Hidroelectrica del Cantabrico, beating a joint bid from EdP and CajAstur, as well as an increased bid from Ferrotatlantico and EnBW. RWE represented by Hengeler Mueller Weitzel Wirtz (Ulrich Blech) and Melchor De Las Heras Albinana & Suarez de Lezo (Carlos Pena). Financial adviser Lazard. Hidroelectrica del Cantabrico […]

Buchanans takes on NY construction team

Pittsburgh firm Buchanan Ingersoll is taking on a four-partner construction law team to ramp up its New York presence. The team is joining from 80-lawyer boutique firm Baer Marks & Upham. Its recent projects include the renovation of Grand Central Station and the New York Museum of Modern Art. The group is led by partner […]

FORUM

With major economic expansion continuing in Benelux, many firms face growing recruitment problems. Most admit to having difficulties and accept that more time and money is being spent on recruitment strategies. The main dilemma is not attracting people, but attracting the right type. This is of particular concern to the US and UK firms that […]

Reportage

Although there is no single central register, best estimates suggest that there are almost 20,000 lawyers practising in Brussels. Of those, perhaps 700-1,000 are UK-qualified. The vast majority are there to advise on European law. As there is no statutory monopoly on the provision of legal advice, they are able to reside in Belgium and […]

Costs push Pilkington to North West firms

Glass manufacturer Pilkington is extending its City-orientated legal panel to include North West firms as the company reviews its legal services costs. Pilkington, which is based in St Helens, has predominantly used Slaughter and May and Herbert Smith for its external legal requirements. Pilkington’s group legal adviser and general counsel Clyde Leff says: “We haven’t […]

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