Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Cadwalader’s Croke jumps ship for Orrick

Orrick Herrington & Sutcliffe has raided Cadwalader Wickersham & Taft for two structured finance partners, including the high-profile James Croke, for its New York office. Croke and Peter Manbeck both join Orrick as partners. They are both structured finance specialists with experience in a broad range of areas, including asset-backed commercial paper and collateralised debt […]

Forsters records best year ever with £487K PEP

Property-based Mayfair firm Forsters has confirmed its best year ever with an average profit per equity partner of £487,000, a rise of 29 per cent. The 27-partner firm may have also secured itself a first-time spot in the top 100 firms by revenue with a 25 per cent increase in gross fees to £19.9m. Managing […]

Insurers face $3.5bn World Trade Center suit

A trio of New York firms have scooped roles advising on the $3.5bn (£1.9bn) litigation filed against World Trade Center insurers yesterday. Skadden Arps Slate Meagher & Flom insurance partner Timothy Reynolds is advising the Port Authority of New York and New Jersey (PANYNJ) alongside Wachtell Lipton’s Marc Wolinsky, acting for developer Larry Silverstein, in […]

Profits and performance

Partners at ASB will be taking comfort from the fact that profit per equity partner (PEP) is up by 24 per cent on last year, hitting £161,000 after 2004-05’s £130,000. Bizarrely, the firm declined to reveal fee income, which is understood to have remained static at last year’s £18.2m. Recent months have also seen strong […]

People

Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. US firm Akin Gump Strauss Hauer & Feld has appointed David D’Urso as a partner in its New York private equity […]

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