Latest Briefings

New changes impacting the leasing legislation

Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies was published on April 16, 2021 in the Official Gazette no. 401, Part I. Importantly, the provisions of Law no. 83/2021 may only be applied for leasing agreements concluded after its entry into force.

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Cape Town tie-up for Eversheds as Africa presence grows

Law firm Eversheds has entered into a formal co-operation agreement in Cape Town with Walkers, one of the oldest law firms in South Africa’s legislative capital. Walkers is a full-service firm acting for clients such as Cape Peninsula University of Technology, Ernst & Young, Investec, Hyprop Investments, Nedbank, Old Mutual, RGA Reinsurance, Standard Bank and […]

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Merchant Navy Pension Fund funding regime approved in landmark judgment

The High Court has approved a funding regime proposed by Mayer Brown client, the Merchant Navy Ratings Pension Fund (MNRPF), in a landmark judgment which ends a case spanning more than a decade. The ruling concludes that the MNRPF became a frozen scheme when all members stopped accruing pensionable service in 2001. It means former […]

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Hogan Lovells secures Court of Appeal victory in ‘Putin’s banker’ case

Hogan Lovells and Erskine Chambers have secured a Court of Appeal (CoA) judgment requiring Russian tycoon Sergei Pugachev to disclose information about discretionary trusts established in New Zealand, setting a precedent in cases involving freezing orders. The CoA ruled that Pugachev, who once had close ties to Russian president Vladimir Putin, must disclose information about […]

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Offshore M&A activity soars to record levels in 2014

M&A activity offshore rose to record levels in 2014, with aggregate deal value up 63 per cent compared to 2013 and deal volume at the third-highest in the last decade. Statistics compiled by Appleby show that deal value for offshore M&A rose to $277bn last year, up from $170bn in 2013. Aggregate deal value was […]

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