MoFo cuts 201 jobs in latest round of layoffs

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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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Moves roundup: 26 January 2009

Longstanding Travers Smith corporate ­partner Oliver Barnes has retired. Barnes was a former head of the corporate practice and recently sat on the firm’s LLP conversion committee. Move of the week Berwin Leighton Paisner has hired Jayne Black and Eleanor ­Hunwicks (pictured) as City finance partners. Prior to their appointments both worked at the London […]

Cadwalader wins role on $68bn Pfizer mega-merger

Cadwalader Wickersham & Taft has scored a lead role on US drug manufacturer Pfizer’s $68bn (£49.8bn) acquisition of rival Wyeth, the biggest M&A deal in the world for months. Corporate partner Dennis Block is taking the lead for longstanding client Pfizer. The acquisition is the latest in a string of deals Block has handled for […]

7

Postcard from… Kazakhstan

Like most aspiring lawyers I have attended numerous interviews, and like many when asked to describe our strengths I would reply “I like to face new challenges”. Yet when I found myself on a flight bound for Almaty to work as a legal assistant for GRATA, there was a small part of me that wished […]

Tyco poised to review Eversheds’ status as sole external adviser

Eversheds’ status as sole external adviser” />The terms of Eversheds’ status as manufacturing company Tyco’s sole external legal adviser are up for review as the contract comes up for a 12-month renewal. Eversheds ;will ;deal ­principally with David Symonds, who will take responsibility for Tyco’s legal function for Europe, the Middle East and Africa ­following […]

Simpson Thacher downsizes Sao Paulo launch

Simpson Thacher & Bartlett has delayed its plans to launch an office in Sao Paulo Simpson Thacher & Bartlett has delayed plans to launch an office in Sao Paulo and has scaled back the number of partners and associates being sent to its Latin American outpost. Last year, The Lawyer exclusively revealed that the US […]

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