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
Jersey’s offering for UK real estate investors stands up after Vote Leave
By Richard Daggett It is fair to say that, if the UK commercial real estate sector was a glass, it would be very difficult to determine whether it was half full or half empty. Every positive headline about the sector booming has been accompanied with a harbinger of doom regarding its future. For example, with Brexit, […]
New Jersey LLC law strengthens 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 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 […]
Luxembourg simplifies legal regime for business licences
By Benjamin Devouassoux, Laurent Thailly The Luxembourg law of 2 September 2011 regulating access to the professions of craftsman, trader, industrialist and certain liberal professions, has been amended with effect from 30 July 2018 (the Revised Law) in order (i) to facilitate individuals’ access to certain professional activities and (ii) simplify the process with the Luxembourg Ministry […]
The Cayman Islands Foundation Company- An insight
The Cayman Islands Foundation Company is a unique structuring option in the Cayman Islands used for wealth planning, as well as holding vehicles and special purpose vehicles for commercial transactions and cryptocurrency offerings. Though the Foundation Company may be used as an alternative to a Cayman trust, a number of features specific to Cayman’s trust […]
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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The 60 second interview: Need new ways to motivate your team? Ask them
GSK’s assistant general counsel talks to The Lawyer about the steps she takes to avoid disappointment in the mentor-mentee relationship.
Revealed: A&O’s IP reshuffle in the wake of Dagg’s Kirkland move
Former Allen & Overy (A&O) head of intellectual property Nicola Dagg was leading on 75 per cent of the firm’s cases in the sector before the announcement of her high-profile move to US firm Kirkland & Ellis earlier this year, data from The Lawyer can reveal. Data gathered for The Lawyer Litigation Tracker Q2 shows that of the firm’s four […]
LOD targets US as future biggest market in growth stratgey
Flexible lawyering service Lawyers On Demand (LOD) has laid out its plans for significant growth in the US with hopes that it will become the provider’s biggest market in the next “few years”. In a bid to further its ambitions in the US, LOD co-founder John Knox relocated to the North Eastern state of Connecticut […]
UK 200: Slaughters tops revenue per lawyer charts
Slaughter and May has the highest revenue per lawyer (RPL) of the UK’s top 100 largest firms this year. At £900,000, the firm’s RPL is also the third highest in the top 200. Only Bott & Co (ranked 153rd in the UK 200) and Drydensfairfax Solicitors (ranked 196) are higher. For 2018, any firm wishing […]
Former SFO case controller resurfaces to launch US firm’s London white-collar crime team
The former Serious Fraud Office (SFO) case controller for its high-profile battle with the Eurasian Natural Resources Corporation (ENRC) has resurfaced as a partner at a US firm which only launched in London earlier this year. John Gibson has joined Cohen & Gresser’s London office – which opened in May – to launch the firm’s […]
Clyde & Co to support global banks-backed trading blockchain platform
Clyde & Co is set to provide legal services to a new consortium of banks and traders launching a blockchain-based platform to digitalise commodities trading processes. Komgo SA is a new Switzerland-based partnership that brings together powerhouse banks and stakeholders in the oil industry, including ABN AMRO, BNP Paribas, Citi, Crédit Agricole Group, Gunvor, ING, Koch […]