‘LoveLetter’ virus creates computer havoc in City firms

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Latest Briefings

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 […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

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Teruo Kato

Tamzin Hindmarch meets Field Fisher Waterhouse’s new corporate partner Teruo Kato, a one-time banker who fell in love with the law and is now the City’s only Japanese partner When Teruo Kato left the land of the rising sun for a year abroad in the land of rain and clouds, the young economics student had […]

Davies Arnold Cooper media unit jumps ship for Reynolds

Davies Arnold Cooper (DAC) is losing its entire media and defamation department as lawyers leave its dwindling common law unit. Keith Mathieson, head of media and defamation, partner Maddie Mogford and assistant Kirsty Watt are all joining Reynolds Porter Chamberlain‘s media and communications department under the leadership of Liz Hartley. Mathieson and Mogford both joined […]

Norton Rose latest firm to boost wages

Norton Rose is hiking its salaries for newly qualified lawyers in line with pay increases at Allen & Overy and Clifford Chance. This comes two weeks after fellow City firm Ashurst Morris Crisp said that it would raise the salaries of its juniors. The trend began earlier this year when SJ Berwin raised assistant salaries, […]

The Great Dotcom Float Race

Oxford and Cambridge have long been centres of academic excellence, but now the intellectual capital passing through these hallowed universities is driving a regional dotcom boom from which law firms can only benefit. Matt Barnard reports. Attracted by the abundant intellectual capital, Cambridge has long been the centre of that part of East Anglia dubbed […]

Scottish firms eye up cross-border business

The planned DLA and Bird Semple merger has prompted me to look back at the economic drivers behind our decision to open a London office. In 1987 McGrigor Donald was one of the first firms to establish a presence in two UK jurisdictions – England and Scotland. The opportunity we had identified was threefold. Firstly, […]

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