Shearman advises Boston charity over Madoff losses

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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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Second coalminers tribunal gets under way

The Solicitors Regulation Authority (SRA) today launched a series of allegations of misconduct against six partners at Barnsley-based Raleys Solicitors in relation to their handling of compensation claims from sick coalminers. The Solicitors Disciplinary Tribunal, which is expected to last 20 days, is thought to be one of the longest hearings of its kind. The […]

Baker & McKenzie lays off NY associates

Baker & McKenzie lays off NY associates” />Baker & McKenzie has become the latest US firm to announce layoffs due to the economic downturn. The firm has confirmed that six associates in the New York office have been laid off receiving a two months severance pay package. In a statement released to the firm, Baker […]

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SJ Berwin litigation partner found dead

Staff at SJ Berwin are mourning the death of litigation partner Catherine Bailey, whose body was found in the Thames on Saturday. Bailey had been missing since Friday evening and Hackney Police issued an appeal for information on her whereabouts on Saturday January 10 at 10.30am. Her body was discovered several hours later in the […]

Moves roundup: 13 January 2009

Reading firm Boyes Turner has taken on ­banking partner John Barker from Osborne Clarke to head up its ­banking and finance group. Barker said: “I’m delighted to be joining such a dynamic and ­ambitious firm that has its sights set on becoming the region’s premier law firm.” Move of the week Reading firm Boyes Turner […]

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Top-tier US firms mull associate pay freezes

The US legal market is divided, with top-tier firms split on whether to freeze associate pay in response to the worsening economic conditions. After Latham & Watkins announced in December that it would be holding associate salaries at 2008 levels, DLA Piper and Orrick ;Herrington ;& ­Sutcliffe among others ­followed suit, with salaries remaining ;at […]

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