Orrick axes 40 lawyers; London gets off lightly

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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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White & Case to cut staff in US and London offices

White & Case to cut staff in US and London offices” />Ten jobs are on the line at White & Case’s London office as part of a global review that will also reduce the firm’s headcount in the US by 9 per cent. The review will see 70 lawyers culled from the firm’s five US […]

Trio scores Mitsubishi sale

Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn deal as Mitsubishi Rayon swoops for UK chemicals company Lucite. Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity firm Charterhouse. Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK for their […]

Covington enters Middle East alliance

US firm Covington & Burling has signed a strategic alliance with Qatar-based firm Institution Quraysh for Law & Policy. The move is part of Covington’s international expansion plan. In July the firm launched an office in Beijing, but has yet to open in the Middle East. Institution Quraysh has offices in Qatar, Saudi ­Arabia and […]

SRA comes under fire in Beresfords tribunal

The Solicitors Regulation Authority (SRA) was accused of ignoring “false information” and holding a “biased” investigation, as the disciplinary tribunal against the coalminers lawyer Jim Beresford continued today. Beresford, of Doncaster-based firm Beresfords Solicitors, and his colleague Douglas Smith have been accused of 11 counts of misconduct over alleged making excessive amounts of money out […]

Slaughters advises on Santander rights issue

Slaughter and May has teamed up with best friends Davis Polk and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughter and May has teamed up with best friends Davis Polk & Wardwell and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughters corporate partner Roland Turnill (pictured) has […]

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