Simpson Millar axes 91 roles after prolonged redundancy consultation
A protracted redundancy consultation for regional firm Simpson Millar has concluded with the firm cutting an initial 91 positions with a further six still under consultation.
Khaitan & Co advises DST Global in relation to Apoletto’s investment of $50m in Udaan
Khaitan & Co advised DST Global in relation to Apoletto Limited’s Series B investment of USD 50 million in Udaan, an online B2B marketplace. DST Global is an investment company that funds late-stage ventures in the global internet industry. The core transaction team included Sharad Moudgal (Partner), Sanjay Khan Nagra (Senior Associate) and B N Vivek (Associate) who advised on the Corporate aspects with assistance from Vinita Krishnan (Associate Director) and Sneh Shah (Associate)on tax […]
William Fry advises on sale of Standard Life Aberdeen’s insurance business
William Fry is advising Phoenix Group on the Irish aspects of its £3bn acquisition of Standard Life Aberdeen’s insurance business. The sale will mark Standard Life Aberdeen’s exit from its insurance roots and is a significant transaction in the international insurance sector. The William Fry team acting on the transaction is being led by Corporate Partner Eavan Saunders and […]
Macfarlanes partner defects to Reed Smith in rare exit for firm
Macfarlanes investment fund finance head Bronwen Jones is leaving the firm for Reed Smith.
Generation games and avoiding family disputes
GP/LP advice, women in PE and downstream trends
By Joanne Huckle More LPs are seeking independent legal advice.. Increasingly, I am instructed by LPs seeking their own Cayman legal counsel prior to committing capital. It has always been a mystery to me why investors are willing to rely on the GP’s Cayman counsel when committing significant capital to a new fund. As an attorney […]
Why all Guernsey homeowners need to make a will
By Alison Ricketts, Martyn Baudains Over the last ten years significant changes have been made to Guernsey’s laws of succession, the effects of which may be overlooked by some homeowners. Prior to 2008 if you were married with ‘legitimate’ children (children born during your marriage) and died without having made a will then your houses and land, […]
At-a-glance guide to Lasting Powers of Attorney
By Victoria Grogan, Simon Lofthouse, Fiona Lilleyman, Stephanie Button After a much-needed reform in the law, people in Jersey can now create Lasting Powers of Attorney (LPA) to record their decisions and intentions about their assets and care, so that if they lose mental capacity, their wishes will still be respected. Similar legislation has existed […]
Jersey: Changing rights and responsibilities of landlords and tenants
By Katharine Marshall Letting out property in Jersey was once a strictly private affair between a landlord and a tenant but, for some tenants, this came at the risk of uncertainty, an uneven playing field and at worst exploitation. It is now more than five years since the first in a series of laws and regulations […]
Cayman Islands: Guidance notes amendment on AML
By Joanne Huckle, Giorgio Subiotto The on-going industry consultation with the Cayman Islands Monetary Authority (CIMA) has resulted in further clarification in respect of the Anti-Money Laundering Regulations (2018 Revision) (AML Regulations) and the Guidance Notes issued in December 2017. This clarification has been issued in the form of the Guidance Notes (Amendment) 2018 (Amendment). The Amendment will […]
Simpson Millar axes 91 roles after prolonged redundancy consultation
A protracted redundancy consultation for regional firm Simpson Millar has concluded with the firm cutting an initial 91 positions with a further six still under consultation.
Khaitan & Co advises DST Global in relation to Apoletto’s investment of $50m in Udaan
Khaitan & Co advised DST Global in relation to Apoletto Limited’s Series B investment of USD 50 million in Udaan, an online B2B marketplace. DST Global is an investment company that funds late-stage ventures in the global internet industry. The core transaction team included Sharad Moudgal (Partner), Sanjay Khan Nagra (Senior Associate) and B N Vivek (Associate) who advised on the Corporate aspects with assistance from Vinita Krishnan (Associate Director) and Sneh Shah (Associate)on tax […]
William Fry advises on sale of Standard Life Aberdeen’s insurance business
William Fry is advising Phoenix Group on the Irish aspects of its £3bn acquisition of Standard Life Aberdeen’s insurance business. The sale will mark Standard Life Aberdeen’s exit from its insurance roots and is a significant transaction in the international insurance sector. The William Fry team acting on the transaction is being led by Corporate Partner Eavan Saunders and […]
Macfarlanes partner defects to Reed Smith in rare exit for firm
Macfarlanes investment fund finance head Bronwen Jones is leaving the firm for Reed Smith.
Khaitan & Co advised Birlasoft (India) on restructuring
Khaitan & Co advised Birlasoft (India) Limited and its Promoters – National Engineering Industries Limited and Central India Industries Limited in relation to the overall transaction, including the following: – Open offer by promoters of KPIT Technologies Limited (KPIT) and Birlasoft to KPIT’s public shareholders for acquiring up to 26% of KPIT’s share capital – Merger of Birlasoft into KPIT; […]
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Slaughters associates in line for Christmas performance-based bonus and salary boost
Associates at Slaughter and May are in line to pick up Christmas bonuses of up to 14 per cent and will also receive salary raises in the new year. Newly qualified (NQs) will receive an extra 8.25 per cent of their basic salary as a bonus, while 4.5 to 6.5 year PQEs will receive 14 per cent. […]
Former Barclays GC joins EY Riverview Law in first post-acquisition hire
Riverview Law has made its first significant hire since being brought by EY four months ago, appointing a former Barclays general counsel to a new director role. Rob Dinning will be a director of legal function co-sourcing, a new unit within the business that helps global corporations change their operating model to achieve a combination of […]
SFO criticised by ENRC over handling of privileged information
Mining group ENRC has raised further questions over the Serious Fraud Office’s long-running corruption investigation into the company, alleging that privileged information was used as part of the probe. Documents seen by The Lawyer allege that Dechert partner Neil Gerrard passed privileged documents onto the SFO in 2013, as part of its investigation into alleged bribery and corruption […]
Moët’s legal head exits for new role at Just Eat
Moët Hennessy’s European legal director Isabelle Meyer is to move on from the company in the New Year, after six years with the luxury goods conglomerate. The Lawyer can reveal Meyer will be joining Just Eat’s legal team, taking up a position as deputy general counsel. She will report to the company’s current group general counsel James […]
Slaughters and Ashurst team up on Interserve’s rescue plan
Slaughter and May and Ashurst are leading for embattled contractor Interserve, which has revealed that it is seeking a recovery plan amid fears of a Carillion-style collapse. The rescue plan, which aims to scale back its £500m debt pile, will see the Reading-based outsourcer convert much of its debt into new shares, potentially handing control of the […]
Kirkland prepares for leadership handover as firm names next chair
A Chicago corporate partner is to take the reins of Kirkland & Ellis, as the US firm preps for chairman Jeff Hammes’ leadership handover in February 2020. Private equity specialist Jon Ballis will step into the shoes of Hammes in two years time, bringing his 10-year tenure as chairman to an end. Ballis’ practice focuses on leveraged […]