RAC endorses Clementi findings

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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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WTC attack deemed to be two events

Wachtell Lipton Rosen & Katz last week secured a major victory over the World Trade Centre’s insurers after a jury ruled that the 11 September attacks constituted two separate occurrences for insurance purposes. The jury handed down its verdict in this, the second insurance trial, last Monday (6 December) after 11 days of deliberation. It […]

A&O and Linklaters pivotal to $150m Egyptian IPO

UK giants Allen & Overy (A&O) and Linklaters have played key roles on a landmark Egyptian IPO – the first for almost half a decade. The deal saw bathroom manufacturer Lecico make an issue of ordinary shares on the Cairo and Alexandria Stock Exchanges and global depository notes on the London Stock Exchange. The total […]

On top of the shops

Shopping centre business Westfield is a household name in Australia. With its £585m takeover of Chelsfield it’s heading in the same direction over here. By Gemma Westacott Polly Joseph should probably buy shares in Anadin. After all, as the sole corporate counsel for Westfield Shoppingtowns she is facing a rather large and complicated legal headache […]

Eversheds’ regulatory drive lures DLA trio

Regulatory partner Steven Francis and his team of three associates are leaving DLA for Eversheds, becoming the first lawyers to leave since the announcement of the firm’s three-way transatlantic merger with Piper Rudnick and Gray Cary Ware & Freidenrich. As a non-equity partner, Francis did not have a vote on the merger and expressed no […]

MFI reviews legal panel to save £5m in adviser fees

MFI is pursuing a major review of its external legal advisers as the FTSE 250 furniture retailer moves to slash professional advisory fees by at least £5m. The retailer’s sole in-house lawyer Adrian Thurston confirmed to The Lawyer that MFI is keen to consolidate its advisers in the hope that it can strike a deal on fees. […]

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