Mass defection sees Norton Rose lose Cologne property capability

Norton Rose is facing a spate of partner departures in Cologne that will leave it with no property and construction capability in the city

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Comment When the Uncertificat-ed Securities Regulations 2001 (USRs) came into force on 26 November 2001, they changed fundamentally the legal structure of settlement in the Crest system by introducing the concept of Electronic Transfer of Title (ETT). In the context of a transfer between two Crest members, this sees full legal title passing to the […]

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