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

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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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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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