Latest Briefings

Heathrow Expansion – what next?

The construction of a third runway to the north-west of Heathrow Airport has long been the subject of controversy and has attracted its fair share of political debate. The Department for Transport claims the privately funded £14 billion runway could create an additional 16 million long-haul seats by 2040 along with £61 billion of economic […]

The Corporate Insolvency and Governance Act 2020 impact for Landlords

Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) was given royal assent on 25 June 2020 and has introduced a number of measures which will need to be considered by Landlords in situations where tenants are in arrears regarding sums due under a lease. The relevant provisions of the Act for Landlords are […]

ESG investing in Bermuda

Carey Olsen Bermuda counsel Sheba Raza highlights Bermuda’s role within the sustainable economy.

Supervision of costs in UCITS and AIFs

On 4 June 2020, ESMA published a supervisory briefing aimed at promoting convergence on the supervision of costs in UCITS and AIFs across the EU. The briefing provides details for managers of UCITS and AIFs on what constitutes compliant implementation of UCITS and AIFMD cost provisions including ESMA’s expectations regarding the manager’s pricing process and its content. This article provides a summary of the key issues set out in the briefing.

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Super Thursday: A&O last out of the traps with magic circle financials

Allen & Overy’s turnover increased by 5 per cent over 2018/19 to £1.63bn, as discussions continue over the firm’s transatlantic merger deal. The firm is the last of the magic circle to post its figures, with the turnover increase coming alongside a slight bump in average profit per equity partner to £1.66m. This is 1 […]

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Kirkland alumni club: Willkie secures double-partner hire in London

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Milbank adds first new City partner of 2019 from A&O

Six months after losing a partner to Fried Frank Harris Shriver & Jacobson, Milbank Tweed Hadley & McCloy has up to Allen & Overy to boost its London leveraged finance and capital markets team. The US firm is bringing in Sarbajeet Nag, a senior associate in the London office of Allen & Overy (A&O), as […]

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Three partners to exit Greenberg’s London office

Two partners from Greenberg Traurig’s real estate group are leaving the firm for a rival US player, The Lawyer can reveal, while another member of its corporate team is also exiting for a new role. Real estate-focused private equity partner Tim Webb and colleague Emma Maher are to join K&L Gates, while corporate finance partner […]

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