Paul Hastings raids Kirkland for private equity hire

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Ashurst and Egorov scoop £7.6bn Rusal deal

Aluminium giant Rusal has turned to the familiar pairing of Ashurst and Russian firm Egorov Puginsky Afanasiev & Partners (EPAP) to guide it through its first major M&A deal since its 2006 tripartite merger with Sual and Glencore. Rusal has bought a 25 per cent stake in Norlisk, the world’s largest nickel producer. It bought […]

Blackstone senior clerk quits

Blackstone Chambers senior clerk Martin Smith resigned dramatically on Friday (23 November). Smith, who became senior clerk in 1990, departed so unexpectedly that there was mass shock and bewilderment at the bar. Blackstone’s spokeswoman said Smith’s reasons for resigning were confidential. “It’s a matter between Martin and chambers,” she said. The news comes as The […]

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City firms team up for summer school diversity drive

Thirteen City firms have committed to a summer school diversity initiative to encourage applications from students studying at non-Russell Group universities, which make up the traditional pool of City applicants. The City Solicitors’ Educational Trust (CSET) summer school programme will offer summer schemes to 100 students every year at Imperial College. Ashurst partner Roger Finbow, […]

Mayer Brown appoints Germany head

Mayer Brown has appointed a new managing partner in Germany, with banking and finance partner Jörg Wulfken taking control of the firm’s offices in Frankfurt, Berlin and Cologne. Wulfken will succeed Reinhard Lange as managing partner in Frankfurt and Berlin by the end of the year. He will take over management of the Cologne office […]

CC and Lovells navigate Egyptian law on Abraaj acquisition

Clifford Chance and Lovells played lead roles on a major refinancing in the Middle East and North Africa. Lovells, led by global head of Islamic finance Rahail Ali, advised Middle East private equity firm Abraaj Capital on its $424m (£205.85m) refinancing of Indo Egyptian Fertiliser Company (EFC). Earlier this year (11 June) The Lawyer reported […]

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