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Latest Briefings

PLMJ – Moazambique: Regulations on advertising of financial products and services

By Télio Murrure and Nacita Chirindza The Central Bank has approved the Regulations on Advertising of Financial Products and Services (Regulamento sobre a Publicidade de Produtos e Serviços Financeiros – “RPPSF”), which is an integral part of Notice no. 3/GBM/2018 of 18 April. This is the first instrument addressing this matter in the Mozambican legal system. […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

New opportunity for permanent residency in Alberta

By Krista Schofer The Alberta Immigrant Nominee Program (AINP) recently announced highly anticipated changes to its permanent residency program. Effective June 14, 2018, the Alberta Opportunity Stream (AOS) is available as a potential path to permanent residency in the province. The AOS replaces the Employer-Driven Stream and Strategic Recruitment Stream under the AINP. The AOS […]

Global skills strategy update GTS occupations list

By Lesley A Love The Global Skills Strategy is a pilot project launched by IRCC in June 2017. The program is designed to give Canadian employers quicker access to highly qualified global talent. Changes were recently announced to one part of the GSS, as outlined below. Employers using the program should be aware of these changes…

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London

London Club Steering Committee in $22bn (£40.8bn) debt exchange of new Russian Federation euro bonds for old restructured USSR debt. London Club Steering Committee led by Deutsche Bank; represented by Clifford Chance (Cliff Godfrey

Aggregate Industries

Aggregate Industries pays £29m for building assets of Tarmac. Aggregate Industries advised by Hammond Suddards Edge (Roger Birchall). Tarmac represented by Eversheds (Helen Ridge, Howard Gill, Chris Moff).

Milbank Tweed Hadley & McCloy

The London office of New York firm Milbank Tweed Hadley & McCloy opened with a bang in 1994. The firm took project finance partners Nick Buckworth and Kenneth MacRitchie from Clifford Chance to launch one of London’s first multinational partnerships – matching beautifully with the US expertise – but most of it disappeared in 1996. […]

Jones Day goes one up on Silicon Valley firms with ‘no equity’ plan

CLEVELAND firm Jones Day Reavis & Pogue is launching an office in Silicon Valley with a plan to set itself apart by refusing to accept equity in lieu of fees. The firm is moving in two partners to spearhead the growth of the practice, which is being established to service new venture capital client Sequoia […]

Morgan Lewis boosts global anti-trust team

MORGAN Lewis has strengthened its international anti-trust practice with the recruitment of anti-cartel enforcer Julian Joshua from the European Commission to its Brussels office. Joshua was deputy head of the cartel unit of the competition directorate. He constructed the commission’s techniques for investigating and litigating cartel cases, and acted as lead counsel on its major […]

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