Addleshaws hires Charles Russell Speechlys projects head
Addleshaw Goddard has hired Charles Russell Speechlys projects head Matthew Newing in an attempt to pick up more London healthcare and projects work in London.
Khaitan advises port on $400m borrowing
Khaitan & Co advised Jawaharlal Nehru Port Trust (JNPT) in relation to an external commercial borrowing of $400m from State Bank of India, Hong Kong and DBS Bank Limited, Singapore for a road project comprising 6/8 lane road connectivity to the Jawaharlal Nehru Port by Mumbai-JNPT Port Road Company Limited, a special purpose vehicle of JNPT, […]
Cities of the future: How to use data to save money on property
Whether it be student accommodation, an ultra-modern company headquarters or the latest bright and shiny airport, buildings are becoming more efficient, convenient and comfortable places to live, work and travel.
HSF launches Mandarin legal support hub in Shanghai
Herbert Smith Freehills has become the first Western firm with a legal services hub in China, launching a bilingual 13-lawyer team in Shanghai.
Hungary sets up white-collar crime department
Romanian companies will be able to distribute dividends on a quarterly basis
The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]
Poland: Recent competition developments in merger control field
Merger control is one of the Polish Office for Competition and Consumer Protection’s (OCCP’s) main areas of activity, as it deals with 170 to 220 filings annually. Recent notable developments in this regard include: a case concerning the Nord Stream 2 project; and the unconditional approval of Cyfrowy Polsat’s takeover of Netia…
Bulgaria: Boost to creditors’ rights on pledged receivables
“Banks may now agree to collect pledged receivables prior to accelerating the secured debt under floating charges like security interests.” – Tsvetan Krumov The most popular Bulgarian security interests under credit transactions are special pledges, resembling English floating charges. Problems under the statutory framework until recently…
Efficient arbitration – Part 1: Metrics
This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. The series explores various tools that serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration actually means…
Bulgaria: CPC deems minimum hotel accommodation prices anti-competitive
The Ministry of Tourism recently proposed the introduction of minimum prices for sites categorised as ‘accommodation places’. In Decision 529/10.05.2018, the Commission for Protection of Competition (CPC) opined on the proposal’s compliance with competition rules. The CPC held that setting minimum prices for accommodation places would limit price competition between hotels. Minimum prices cannot guarantee…
Addleshaws hires Charles Russell Speechlys projects head
Addleshaw Goddard has hired Charles Russell Speechlys projects head Matthew Newing in an attempt to pick up more London healthcare and projects work in London.
Khaitan advises port on $400m borrowing
Khaitan & Co advised Jawaharlal Nehru Port Trust (JNPT) in relation to an external commercial borrowing of $400m from State Bank of India, Hong Kong and DBS Bank Limited, Singapore for a road project comprising 6/8 lane road connectivity to the Jawaharlal Nehru Port by Mumbai-JNPT Port Road Company Limited, a special purpose vehicle of JNPT, […]
Cities of the future: How to use data to save money on property
Whether it be student accommodation, an ultra-modern company headquarters or the latest bright and shiny airport, buildings are becoming more efficient, convenient and comfortable places to live, work and travel.
HSF launches Mandarin legal support hub in Shanghai
Herbert Smith Freehills has become the first Western firm with a legal services hub in China, launching a bilingual 13-lawyer team in Shanghai.
Carey Olsen advises Macquarie on fund launch
Guernsey firms Carey Olsen and Alter Domus have assisted Macquarie Infrastructure and Real Assets (MIRA) on the launch of its latest European infrastructure fund, Macquarie European Infrastructure Fund 5 (MEIF5). The fund closed with €4bn of investor commitments within eight months of its launch and was significantly oversubscribed. The €4bn committed to MEIF5 makes the […]
Ashurst bets on Europe with Luxembourg launch
Ashurst has been given the go-ahead to open in Luxembourg after receiving approval from the local bar association. The new office, focusing on finance and funds, will open in October this year, with corporate partner Isabelle Lentz at the helm. Lentz is currently the head of Ashurst’s Luxembourg desk in London, which was set up […]
Deloitte secures long-awaited ABS licence ahead of UK expansion
Deloitte has received its alternative business structure (ABS) licence, becoming the last of the Big Four to set up a legal arm in the UK. The Solicitors Regulation Authority (SRA) confirmed that it has granted Deloitte the right to operate as a multi-disciplinary practice. The licence came into effect on the 15 June. The new move will […]
Slaughters advises Santander on FCA ring-fencing scheme
After successfully advising client Barclays on the UK Government’s banking ring-fencing scheme, Slaughter and May has led for Santander as its becomes the fourth major bank to be accepted. The bank was accepted into the scheme following a High Court hearing on 12 June and has committed to transferring all relevant accounts into the ring-fenced […]
Linklaters and Bakers lead on €1bn Cerberus deal
Linklaters and Baker McKenzie have led in the €1.2 billion sale of the world’s largest air cargo handler, Worldwide Flight Services (WFS), to New York based private equity company Cerberus Capital Management. Linklaters corporate partners Ben Rodham and Christopher Boycott acted for Cerberus, which from 2015 has been owned by Platinum Equity. They were supported by finance partners Daniel […]
Latham mulls associate pay hike as talent war heats up
Latham & Watkins looks set to become to the latest firm to boost its associate pay scale as the battle over young legal talent intensifies. Lawyers at the firm are understood to have met yesterday to discuss the salary proposals which, if the firm elects to increase pay, could see associates paid between $190,000 and $340,000. […]
Barclays summons firms to ‘panel day’ ahead of final decision
Barclays has invited 22 firms to a panel day in July, ahead of the final announcement of its last ever formal panel review.