KPMG loses to HMRC in McLaren spy fine battle

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s 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 hands down 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 […]

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glasgow scotland

Ashurst to rejig Glasgow support offering with introduction of qualified lawyers

Ashurst’s low-cost support base in Scotland is to rejig its business model by adding at least two qualified lawyers to the office by the end of the year.  According to insiders the majority of work coming through Ashurst’s Glasgow office has been instructions from a financial institution client, leading to the firm’s decision to pull […]

Eversheds says Spanish property market offers Merlin cyclical magic

Bruce Dear, head of London real estate at Eversheds, has commented on what could potentially be Europe’s largest property initial public offering (IPO).  Dear said: ‘The Spanish market is where the UK was 18 months ago, albeit they have better footballers. Investors suspect the country’s economic pain has peaked and is ready to generate gains. […]

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6

Edwards Wildman corporate partners threaten to walk over compensation

Edwards Wildman Palmer is in the midst of “ongoing dialogue” with five of its London-based corporate partners as they threaten to quit over pay.  According to sources the group of corporate partners have argued that they should be compensated in a different way to some of their colleagues, apparently due to the success of the […]

London
9

Cooley closes in on UK launch as it circles Edwards Wildman’s City base

Facebook adviser Cooley is believed to be in talks with a number of Edwards Wildman’s London partners in preparation for a City launch.  It is understood that a group of Edwards Wildman partners are talking to Cooley about the launch of a London office, after the Silicon Valley firm hired a specialist consultant to find […]

Allen & Overy partners publish chapter in lending and secured finance legal guide

Allen & Overy’s Roger Lui (partner, Hong Kong) and Elizabeth Leckie (partner, New York) have published a chapter, entitled ‘Issues and challenges in structuring Asian cross-border transactions — an introduction’, in the 2014 edition of The International Comparative Legal Guide to: Lending & Secured Finance, co-sponsored by the Loan Syndications and Trading Association (LSTA). The chapter […]

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