Simpson Thacher advises WaMu on private equity bail out

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Latest Briefings

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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Dewey & LeBoeuf closes three US offices

Dewey & LeBoeuf is to close three of its US offices in a bid to focus its practice on major capital markets. The firm’s 10-lawyer Jacksonville office will close in December this year, the 22-lawyer Hartford office will close next February and the 16-lawyer Austin office will close in March 2009. Pre-merger the Jacksonville and […]

Lovells loses third private equity chief as Simmons pounces…

Lovells’ Italian private equity head Andrea Accornero will leave the firm at the end of the month to join Simmons & Simmons’ Milan office. Accornero, whose practice focuses on private equity as well as general M&A, will be replaced as private equity head by Italy senior partner Leah Dunlop. Lovells managing partner David Harris (pictured) […]

Consultancy offer sees IP guru Gold take Midas touch to LG

Senior IP lawyer and patent attorney Tibor Gold has taken up a role as a consultant at LG. According to senior partner Penny Francis, this will help open doors for the firm’s burgeoning IP practice. Gold, who was awarded an ;MBE ;last ;year ;in recognition of his services to IP, has a longstanding relationship ;with […]

Allen & Overy: City promotions down a third

Allen & Overy: City promotions down a third” />Allen & Overy (A&O) has announced this year’s round of partnership promotions, making up 28 new partners, falling just short of its 2007 bumper crop of 32 promotions. The number of promotions in A&O’s overseas offices increased further this year to 71 per cent of the total […]

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