The law is an ass

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Latest Briefings

Jersey – a natural home for family offices

Jersey has made no secret of the fact that it strives to be a leading jurisdiction for private wealth management and that it is open for family office business. Determining the number of family offices currently in Jersey is not a straightforward task as there is no universally accepted definition, and no publicly accessible register. […]

Structured Finance & Securitisation

By Patrick D Dolan What legislation governs securitisation in your jurisdiction? Has your jurisdiction enacted a specific securitisation law? Securitisation has developed in Switzerland without specific supporting legislation, and there is no regulatory authority for securitisation transactions. Accordingly, the general legal framework is relevant as for any other financing transaction, such as the Swiss Code […]

Tax Newsletter: Switzerland adopts new corporate tax reform

By Maurus Winzap, Robert Desax On 19 May 2019 the Swiss voters approved the new corporate tax reform. The reform will set the basis for new rules on Swiss corporate taxation and will secure and enhance Switzerland’s overall attractiveness as a business location. The measures will enter into force in 2020. The new proposal aims […]

Project Finance 2019: Angola

By Manuel Protásio, Vanusa Gomes What are the main trends/significant developments in the project finance market in your jurisdiction? Angola is facing several political changes since the new government was elected in September 2017. The new government has made positive progress in strategic areas to promote transparency, good governance and to open the country to […]

Project Finance 2019: Mozambique

By Teresa Empis Falcão, Guilherme Daniel What are the main trends/significant developments in the project finance market in your jurisdiction? Mozambique expects to see the announcement of the final investment decision (FID) for one of the biggest gas projects in the Rovuma basin in the second quarter of 2019. The LNG project developed by the […]

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CC thrashes out future management

Clifford Chance’s board is locked in discussions to decide which partners will become the next generation of management. The board spent last Friday (19 January) in a late-night meeting in Hong Kong. One of the topics addressed was the management succession. The issue is the subject of much speculation within the firm. One insider confirms […]

Corporate

Go-Ahead Group buys Midland Airport Service (MAS) (Holding) for £72m. Go-Ahead advised by Dickinson Dees (Simon Watts). Financial advisers Close Brothers and Dresdner Kleinwort Wasserstein. MAS represented by Ashurst Morris Crisp (Roger Finbow). Financial adviser KPMG Corporate Finance.

A&O steps up restructuring drive with Indonesian deal

The Singapore office of Allen & Overy (A&O) has completed what is believed to be the largest restructuring for an Indonesian debtor since the economic crisis in 1997. The firm is advising Bank of America as chairman of the steering committee of creditors to PT Indocement Tunggal Prakarsa, one of the leading cement producers in […]

HYDER CONSULTING

Following on from last summer’s chaotic bid for Hyder, Western Power Distribution (WPD), which won out against Japanese bank Nomura, is offloading a number of the Welsh water and electricity company’s assets. The £20m management buyout of Hyder’s consulting business by 70 senior managers may provide a new client for Wragge & Co, as it […]

Methodology

The research used information provided by online legal information provider Lawtel. The statistics, which relate to all civil litigation, save for immigration cases, were obtained for 22 of the UK’s leading chambers. An appearance is recorded for a judgment handed down during the last judicial year, which ran from October 1999-July 2000. The outcomes of […]

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