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
Reform of civil forfeiture orders in Jersey
MONEYVAL’s inspection of Jersey’s AML regime in 2015 and its subsequent report issued in May 2016 has focussed the minds of Jersey legislators and regulators to actively prosecute more financial crime and in particular to introduce a non conviction based confiscation regime to apply in parallel with the conviction based system…
Cayman Islands: Appointing receivers in aid of equitable execution
A recent decision of the Cayman Islands Grand Court in Y v R (9 January 2018) has confirmed the applicable principles concerning the appointment of receivers to aid enforcement of a Cayman Islands’ judgment. Equitable execution is a means of enforcing judgment debts where other methods of enforcement are not possible or have not been […]
Guernsey’s new Green Fund certification boosts a growing asset class
Guernsey’s new Green Fund offering investors certified environmentallyfriendly opportunities is a welcome innovation that creates another clear differentiator for the jurisdiction, says Ogier Group Partner Craig Cordle…
Changes to the taxation of UK real estate held by non-residents
In November 2017, the UK Government’s Autumn Budget announced significant proposals relating to the taxation of gains made by non-UK residents on disposals of UK property. Amongst other provisions, it was proposed that, for the first time, capital gains tax (CGT) would be applied to nonresidents’ gains in respect of UK commercial property. CGT would […]
Protecting your business and reputation
By Cline Glidden When you have spent years – and sometimes generations – building up a business, a reputation and a client base, it makes sense to take simple steps to protect that brand. Here are five things you need to know…
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; […]
Arrest warrant issued for Eurasian Resources Group CEO in SFO investigation
In the wake of the decade’s most important case concerning legal privilege, an arrest warrant has been issued against the CEO of the Eurasian Natural Resource Corporation (ENRC)’s parent company as part of the Serious Fraud Office’s ongoing investigation into a string of allegations. The warrant was issued against Eurasian Resources Group (ERG) CEO Benedikt […]
Riverview gifts its AI to charity to help City lawyers do more pro bono
KIM technology will speed up triage and referral to pro bono lawyers by enabling efficient collection of client information
Fieldfisher offers bonuses to non-fee earners for first time
Fieldfisher is making bonuses available for non-fee earners in the UK for the first time, after a string of stand-out financial results from the firm. The move means high-performing staff in Fieldfisher’s business services’ functions, for example, will be granted a bonus. However, the rewards are discretionary, meaning not everyone will be in line for […]
ITV hunts for new GC as Garard steps down
ITV’s longstanding general counsel Andrew Garard has stepped down after over a decade in the role. The television network has confirmed that Garard will leave his position on 31 July. He joined ITV in 2007 as group legal director and GC, before becoming company secretary two years later. He also sits on the board of […]
