Rosneft’s Russian IPO highlights dangers

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Alston raids Pillsbury for London, German growth

US firm Alston & Bird is targeting a launch in both London and Germany following the hire last week of technology partners Trevor Nagel and Lee Van Blerkom from Pillsbury Winthrop Shaw Pittman. Nagel, who has joined as chair of Alston’s global sourcing practice, is best known as the lawyer who founded the London office […]

Legal aid set for massive shake-up

The legal aid market is set for massive upheaval in a series of reforms that will change the way practitioners work and are paid. The changes will come following Lord Carter of Coles’ review of legal aid procurement, whic was published last week (13 July). A year of intensive work has led to the most […]

Yukos fails to stop Rosneft IPO but will appeal

Lawyers for Yukos have failed in their High Court bid to block the listing of Rosneft shares on the London Stock Exchange, and have immediately applied to the Court of Appeal. Matrix Chambers’ Clare Montgomery QC, instructed by Byrne & Partners litigation partner Nicola Boulton for Yukos, had had sought permission for a judicial review […]

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Howard Kennedy and Lydiard win $77m negligence case

Howard Kennedy and Brick Court Chambers’ silk Andrew Lydiard have won the negligence case brought against them by a Portuguese businessman. Antonio Anibale Andrade Baptista Lopes withdrew his claim of $77m (£41.7m) in the High Court this morning (13 July) and agreed to pay both Howard Kennedy and Lydiard costs on an indemnity basis. Lydiard […]

Cadwalader lawyer defects to Linklaters

Cadwalader Wickersham & Taft has lost another lawyer from its New York capital markets practice, this time to Linklaters. Former associate Stan Renas joins the magic circle firm as a partner in its New York structured finance and derivatives practice. He is the fourth partner to join the group since it started in 2004. Renas’s […]

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