Field Fisher Waterhouse (FFW) has beaten off competition from a number of UK and Portuguese firms to scoop the lead role advising the Maltese Ministry of Finance on its newly-unveiled PPP initiative. Malta unveiled a PPP programme earlier this year following a visit from London’s Lord Mayor Michael Savoury, who was in the country to […]
Outer Temple Chambers’ Paul Garlick QC has been appointed as an international judge for war crimes to the criminal and appellate divisions of the Court of Bosnia and Herzegovina. Former Liberal Democrat leader and High Representa-tive to Bosnia and Herzeg-ovina Lord Paddy Ashdown made the appointment. Garlick has been chosen as one of nine judges […]
Allen & Overy ‘s (A&O) corporate department has scooped a major client in the form of Italy’s second-largest bank UniCredito Italiano. This is the magic circle firm’s first instruction from the Milan-listed bank, which it is advising on its acquisition of a stake in Turkey-based Yapi ve Kredi Bankasi for e2.05bn (£1.43bn). The mandate is […]
Former EY Law global head Patrick Bignon is setting up his own legal management consultancy firm. Bignon is launching Law Management Consulting, which is based in Paris, in response to a need for independent legal experts in Europe. From 2002 until March 2004 Bignon was the global head of Ernst & Young’s legal network, having […]
Leading Guernsey firm Ozannes has appointed litigation partner Robert Shepherd as its new managing partner.At the same time the firm has launched a dedicated trusts practice, to be led by partner St John Robilliard. Shepherd, who joined the firm in 2001 from Clifford Chance, succeeds Peter Harwood as managing partner. The firm is renowned for […]
Freshfields corporate associate Tomer Maharshak is leaving to join Israel’s second largest law firm Balter, Guth, Aloni & Co. Maharshak is a dual UK-Israeli qualified lawyer and a decorated Israeli Air Force officer. He has also previously worked for Israeli supreme court judges. Moshe Balter, Balter, Guth Aloni’s senior partner said: “Balter, Guth, Aloni & […]
The common experience of nations acceding to the EU is an avalanche of new legislation. Malta is no exception. Although preparations have been in progress for more than 10 years, at least since 1993, it was inevitable that more should have been done by 1 May 2004. Fortunately, the main legislative infrastructure was already harmonised […]
A proposal to modify the household tax regime to mitigate an increase in the tax rate for married couples’ aggregate income, and to change the tax treatment of deemed rental income from real estate owned for personal use, was rejected by public vote on 16 May 2004. However, those issues remain in the pipeline for […]
Mammoth 12-year international fraud case sees Swiss and UK courts at odds. By Brendan Malkin In a little-known scandal which rivals the Maxwell pension fraud in scale, DaimlerChrysler Canada more than $1bn (£520m) from its pension fund in 1992 after it was defrauded by bankrupt Canadian investment company the Castor Group. The US car giant […]
Judicial reform is the number one priority for Croatia’s bid to improve its civil, government and business systems to prepare for EU membership, the European Bank for Reconstruction and Development (EBRD) has said in its 2004 Transition Report. The EBRD has highlighted Croatia’s establishment of a Judicial Academy, in cooperation with the Law School of […]
The trust arm of Jersey law firm Bedell Cristin has deepened its penetration of the onshore sector with the launch of a business in Switzerland. Last November, Bedell Cristin Trust was the first offshore firm to establish a trust administration company in Dublin. Bedell plans to act for the super-rich who have trust administered bank […]
The Lord Mayor of London this week praised South Korea’s efforts to allow international law firms to have a presence in the country. Robert Finch, the current Lord Mayor and a partner at Linklaters, was speaking at a seminar in the South Korean capital Seoul organised by the Law Society and the Korean Bar Association. […]