Wall St Woes: Thelen Reid – culture kills

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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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A new bill gives the financial authorities a legislative framework to work within for when things go wrong. Richard Hughes and John Sayers report on how UK banks will be affected What is clear from events surrounding Northern Rock, Bradford & Bingley and Kaupthing Singer & Friedlander is the need for a permanent legislative ­framework […]

Coffey Graham swells London IT sector

The London IT legal market has a new entrant in the form of Coffey Graham, a two-partner firm, which launched last week. Founders Rory Graham and Robert Coffey hail from Morgan Lewis and Baker & McKenzie respectively. Graham’s clients include Disney, 3 and Orange. Coffey said: “We feel that the ­synergy between our transactional and […]

Heller City corporate partners to join Orrick

The core of Heller Ehrman’s London corporate team is poised to join Orrick Herrington & Sutcliffe before the end of the week. Corporate partners Richard Eaton, Chris Grew and Struan Penwarden will join Orrick’s London office with three assistants. “It’s almost a done deal,” said an Orrick source, “I don’t foresee any problems now.” With […]

Magic circle, Latham advise in £7.3bn Barclays injection

Clifford Chance has advised long-standing client Barclays on a £7.3bn cash injection by investors to avoid nationalisation. Barclays long-term adviser Guy Norman led the team for Barclays together with financial institutions partner Chris Bates, corporate partner Patrick Sarch and securities partner Simon Sinclair. The largest single cash injection came from Sheikh Mansour Bin Zayed Al […]

Freshfields wins restructuring roles on McCarthy, Nicholson

Freshfields Bruckhaus Deringer has pushed aside DLA Piper to win key roles on restructuring almost £2bn of debt resulting from the acquisition of two real estate companies at the height of the property boom. DLA Piper represented the buyers of McCarthy & Stone for £1.1bn in 2006 and Crest Nicholson for £715m in 2007. Both […]

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