Portfolio Property Fund buys 52/54 Southwark Street, London, for £7.9m from Milton Investment Fund.

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Slovenia – Cryptocurrency services to prevent money-laundering

By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]

Establishment of innovation scientific and technological centres in Russia and other incentives for participants

By Yana Dianova Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment […]

Russia signs application of special economic measures due to unfriendly actions of Ukraine

By Yana Dianova On 22 October 2018, the President of the Russian Federation signed Decree No. 592 “On the application of special economic measures in connection with the unfriendly actions of Ukraine in relation to citizens and legal entities of the Russian Federation”, according to which the federal government bodies, local authorities, organizations and individuals under […]

Can your workplace deal with sexual harassment allegations?

By Paula Rome Although harassment is firmly front and centre in the media it would appear in a large number of workplaces there has been little practical impact. If we now have a newly empowered workforce who are willing to raise issues and employers are not dealing having to deal with issues then some employers […]

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Lathams high-tech heavyweight leaves for venture capital client

Latham & Watkins is losing one of its most senior Los Angeles corporate partners to venture capital client Coastview Capital. Edward Sonnenschein is the co-chair of the firm’s venture and technology group, having been chair of the corporate department for five years. Sonnenschein has also served as a member of the executive committee and as […]

SJ Berwin pays for year of expansion

SJ Berwin has recorded an impressive turnover of £85.2m. Average profits per partner, though, dropped in a year where the firm paid heavily for rapid European expansion and for taking on more than 10 new equity partners.The firm’s turnover rose 22 per cent from £70m to £85.2 while average profits per partner fell from £560,000 […]

Eversheds' turnover up 7 per cent

Eversheds has posted a slight increase in turnover for the last financial year. Gross fees went up 7 per cent from £212m to £227.1m while average profits per partner rose from £260,000 to £301,000.Top equity partners moved up 18 per cent from £380,000 to £450,000. Managing partner David Ansbro said: “Bearing in mind what we […]

A&O completes multijurisdictional acquisition financing for Dresdner

Allen & Overy (A&O) banking partner Peter Schulz has just closed the syndication of a euro650m (£399.4m) multijurisdictional acquisition financing for Dresdner Kleinwort Wasserstein.Schulz led the team that advised on the loan facility to the German-incorporated subsidiaries of South African fuels and chemical company Sasol, in connection with its acquisition of the entire chemicals business […]

Law society reform

One cannot help noticing that during the past two weeks, the legal press has been inundated with articles on the case of Han and Yau (the Court of Appeal held that the imposition by Customs and Excise of penalties for alleged VAT and duties evasion gave rise to criminal charges within the meaning of Article […]

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