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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 […]

Recommended

Rover Group

A full three months after BMW sold off its Rover car division to the Phoenix consortium for a nominal fee of £10, Midlands-based Rover is just beginning to draw breath. As a result of one the most high profile deals of the year, the newly formed Rover Group has finally put in place its new […]

Flotations

Cleary Gottlieb Steen & Hamilton’s London office acted for Goldman Sachs International and Morgan Stanley Dean Witter on a $1.7bn (£1.1bn) IPO of Turkcell Iletisim Hizmetleri shares. The investment banks acted as joint global co-ordinators and joint bookrunners on the deal. Partner Sebastian Sperber led a team of two on the IPO. Shearman & Sterling […]

Norton Rose takes team for Milan

Norton Rose is opening a new office in Milan with the entire civil team from two-partner firm Studio Legale Vassallie. The civil and criminal practice of Vassallie has split and the 11-lawyer civil group is moving with former managing partner Roberto Cornetta. The new office is due to open in September. The team will also […]

Reynolds Porter alters lockstep pay system

Reynolds Porter Chamberlain is changing its lockstep to include a modified system for the first time. The 50-partner insurance specialist previously had a 2:1 spread that saw partners gradually move up to plateau level after 14 years. Reynolds Porter has now introduced levels within the spread where the performance of the partners must be assessed. […]

Skadden Arps in Tokyo hires rival partners

US firm Skadden Arps Slate Meagher & Flom is taking on two partners from rivals to boost its Tokyo practice. Corporate partner Nobuhisa Ishizuka is joining from Morgan Lewis & Bockius and real estate partner Mark Bronson is moving in from Paul Hastings Janofsky & Walker. The pair will be joined by four lawyers from […]

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