Various regions in Italy have, for some time, promoted real estate schemes whereby declining villages offer houses in need of restoration at a price of one euro. These schemes differ in the detail but are broadly the same, they are aimed at reviving an area and restoring it to its former glory. The latest offering in Castiglione di Sicilia, in Sicily has rather more to offer.
A Gift or Donation under the Spanish Civil Code allows an individual to dispose of an asset in favour of another person on the provision that the recipient is fully prepared to accept the asset and all the liabilities that may be attached to the asset passed to them by Deed of Gift, which also can be described as a donation.
American tourists still hoping to be able to visit Europe have received good news from Brussels.
Owners of real estate in Spain should give serious consideration, not only as to whom they wish to be their heirs, but how best they can minimise the costs, procedures and tax liability for their heirs and benefactors.
The Spanish government estimates that there may be up to one million properties owned by British citizens in Spain.
Last year saw a resurgence in listed companies incorporated in the Cayman Islands, with links to Asia, de-listing from global stock exchanges. This is a trend continuing in 2021.
In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy.
On 22 September 2020 the Office of Competition and Consumer Protection (UOKiK) fined liquefied petroleum gas (LPG) distributor AmeriGas Polska Zl730,000 (€160,000) for failing to notify a takeover.
The Grand Court has handed down an instructive judgment appointing “light-touch” provisional liquidators over Midway Resources International, a pan-African focused upstream oil and gas company, incorporated in the Cayman Islands.
Microsoft Teams already enables legal professionals to stay connected and collaborate seamlessly. With the addition of integrated applications, like NetDocuments, Teams can become an all-in-one solution for document creation in a secure and compliant environment.
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Cahill has doubled in size in London since 2016.
Magic circle firms have been modifying lockstep to compete with US rivals.
A bumper year for Singapore should give Paris pause for thought.
With London firms thriving in the city, Bristol’s old guard have competition on their hands.
Restructuring hires are on the rise but some firms may have moved too slowly.
What the magic circle’s 2021 partner promotions round can tell us.
Simon Beswick, who leaves his role as Osborne Clarke’s international CEO this summer, has been named chair of offshore firm Collas Crill. Beswick has held multiple leadership roles at Osborne Clarke, including international CEO for eight years and UK managing partner for over a decade before. Prior to that he was head of Osborne Clarke’s […]
Seven lawyers have been promoted to partner at Travers Smith across a range of practice areas, including dispute resolution, finance and private equity. It is the firm’s largest round since 2015, when seven lawyers also made the grade. In 2020, the firm made up five new partners. The 2021 cohort includes three lawyers in dispute […]
Clifford Chance has hired a team from Kirkland & Ellis into its Munich office, months after the departure of two partners to Milbank. The magic circle firm has taken on private equity partners Volkmar Bruckner and Mark Aschenbrenner, who join alongside senior associate Samuel Frommelt. Bruckner has a long track record of representing private equity […]
White & Case has slowed down its search for new London premises, instead calling upon a property consultancy to estimate the costs of a fit-out, The Lawyer understands. The US firm is thought to be interested in staying put, after viewings of other premises went nowhere. The firm has engaged agency Gardiner & Theobald to estimate the […]
Former Macfarlanes partner Robert Ogilvy-Watson has launched his own boutique to advise on situations involving UK-listed companies. Ogilvy-Watson departed Macfarlanes at the beginning of the year, having joined just two years previously from Ashurst to bulk up its public M&A offering. The corporate veteran spent over two decades at Ashurst, including six years as the firm’s […]
A holding company owned by Mike Ashley is bringing a competition claim against the Football Association Premier League following a failed Saudi Arabian-led takeover of Newcastle United Football Club (NUFC). With RPC partner Lambros Kilaniotis instructed as the claimant’s solicitor, St James Holdings Limited is suing the Premier League after its proposed takeover of the […]
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