Relocation costs LG dearly as PEP dives

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Latest Briefings

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

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WFW suitor Chadbourne re-elects managing partner

US firm Chadbourne & Parke has re-elected its managing partner Charles O’Neill for another three year term. The news follows this week’s revelation by The Lawyer that New York-headquartered Chadbourne has been holding exploratory merger talks with Watson Farley & Williams (see The Lawyer, 18 June). O’Neill, who has been leading those talks from the […]

Principles v rules: the big debate at the Financial Services Authority

The future of the FSA’s City regulation is being thrashed out. By Margaret Taylor As the Financial Services Authority (FSA) presses ahead with its move from rules-based to principles-based regulation, concerns remain about the impact this could have on UK plc and, by extension, its lawyers. While a principles-based system is widely welcomed, there are […]

Simpson Thacher advises Blackstone on landmark IPO

Simpson Thacher & Bartlett has scooped a role advising longstanding private equity client the Blackstone Group on its US IPO. The flotation on the New York Stock Exchange represents the largest US IPO in the past five years and one of the largest in history. With 133 million units listing at $31 a unit, the […]

Watson Burton grows City team with KSB hire

Watson Burton has boosted its fledgling London office with the hire of KSB Law commercial property partner Caroline Summerfield. The Newcastle-based firm, which opened its London office in June 2006, had already beefed up its presence in the capital this year, with three new additions snatched from SJ Berwin, RadcliffesLeBrasseur and fellow Newcastle firm Robert […]

Mishcon de Reya boosts PEP by 70 per cent

Mishcon de Reya has smashed the mid-market trend for average profit per equity partner (PEP) with an astonishing 70 per cent increase on 2005-06 to £698,000. The Holborn firm also posted a record revenue of £39.1m, an increase of 35 per cent. Managing partner Kevin Gold said the figures were the result of large-scale investment […]

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