Penelope Warne

CMS gives green light to profit distributions after pandemic delay

CMS is looking to resume partner profit distributions for the last financial year this month, as it finds itself in better financial shape after the onset of the pandemic. It means they will happen slightly earlier than expected, as they were initially slated to happen between late autumn and early winter. The decision comes as the […]

germany

Cum-ex saga: German minister casts doubt over future government contracts for Freshfields

Germany’s finance minister today suggested that Freshfields Bruckhaus Deringer is unlikely to receive any new contracts from the country’s government, as he addressed concerns over the ongoing cum-ex saga. Olaf Scholz was questioned in the country’s Bundestag over a range of matters related to cum-ex trading, a controversial practice that was prohibited in Germany in […]