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King & Spalding sets up Paris energy team with HSF hires

King & Spalding has made its sixth partner hire in Paris with the hire of Herbert Smith Freehills (HSF) partner Mehdi Haroun, formerly head of the firm’s North Africa practice. Haroun joins the US firm along with four other lawyers including HSF partner Philippe Trosset who joins King & Spalding as a counsel. King & […]

Merger or amalgamation of companies from Bermuda

This memorandum has been prepared for the assistance of those who are considering the merger or amalgamation of a foreign corporation with a Bermuda exempted company where the surviving or amalgamated entity will be, or will become, a foreign corporation. It deals in broad terms with the requirements and procedures under Bermuda law for effecting […]

The professional indemnity time bomb

You may not recall that Berliner was the unrated insurer that was supposed to take over the book previously underwritten by Latvian insurer Balva, which was on the brink of being closed down in June. The pair join Gibraltar-based Lemma Europe Insurance Company and Irish insurer Quinn in the PII doldrums as big insurance players […]

EMIR and collateral costs for pension funds: new framework

There’s good news and more clarity for pension funds reviewing their derivatives investment strategy in the light of the European Market Infrastructure Regulation (EMIR). The final framework for margin requirements for non-centrally cleared derivatives confirms thresholds and relaxations, which, if adopted by the joint European supervisory authorities for EMIR, should go some way to reduce […]

Ogier named as leading Guernsey fiduciary firm at ACQ Global Awards 2013

Ogier Fiduciary Services (Guernsey) Limited has been named as the leading fiduciary firm in Guernsey at the ACQ Global Awards 2013. ACQ Magazine is a leading monthly title for the global mergers and acquisitions industry. Since 2008 the ACQ Global Awards have been celebrating achievement, innovation and brilliance. Ogier’s fiduciary business in Guernsey was established […]

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