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Latest Briefings

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

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AVMA ends exclusive agreement

Action for Victims of Medical Accidents (AVMA) is extending its exclusive insurance arrangement with Litigation Protection to include both Amicus Legal and Saturn Professional Risks. Since 1996, Litigation Protection has offered discounted policies solely to lawyers on AVMA’s panel and the charity has handled the insurer’s risk assessment. An AVMA spokesman says the charity has […]

Relief sought on Norfolk land

A case of “retirement relief” in respect of capital gains tax on the sale of business land has come before the Appeal Court. Judgment has been reserved in a case in which the family of a deceased Norfolk man has challenged a February 1997 High Court ruling over farm land in Norfolk. The court held […]

Berrymans moves into North East

Berrymans Lace Mawer is securing a foothold in the North East in an attempt to put a stranglehold on insurance specialists in the region. The firm is proposing to take over niche firm Linsley & Mortimer, which provides specialist insurance advice for companies such as Iron Trades. Paul Taylor, national senior partner at Berrymans Lace […]

Flotations & Financing

Allen & Overy, led by partner David Morley, advised a six-bank group of arrangers, including Citibank, Goldman Sachs, Merrill Lynch and UBS, on the US$16bn bid financing put in place for Spanish oil company Repsol’s bid for Argentina’s largest privately owned company, YPF. Freshfields advised the borrower.

R&W's Cirillo joins rival firm

Rogers & Wells’ former head of anti-trust, Richard Cirillo, has left to join rival US firm King & Spalding, ahead of Rogers’ vote on merging with Clifford Chance next month. Cirillo, a securities and antitrust litigation partner who has spent his entire career so far at Rogers, joins the New York office of his new […]

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