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To the point finance – CEE

In this edition of TTP Finance, we share our views on some legal developments in the CEE region that will be relevant in the fallout of the COVID-19 pandemic.

Reciprocal enforcement of judgments in Guernsey

Volatile markets and economic downturns typically lead to increases in commercial litigation. Onshore proceedings can commonly involve offshore structures and we anticipate a growth in cases requiring the recognition and enforcement of foreign judgments.

Climate Finance – Where do asset managers fit in?

The initial focus following the signing of the Paris Agreement was on the commitments made by governments from around the world to take action to combat climate change. The term climate finance was equated with the financial resources committed by governments for investment in the transition to a climate neutral global economy.

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A bitter legal battle is heating up over claims that Goldman Sachs was “grossly negligent” in encouraging an employee of Europe’s largest wine producer to enter unauthorised foreign exchange transactions. J.Garcia Carrion, which is also the fourth-largest wine producer in the world, is taking on the bank due to the actions of its former chief […]

White & Case

White & Case’s City figures rebound to hit nearly $400m

After reporting an uncharacteristic dip in London revenue for 2019, White & Case’s financials soared in the last financial year to reach nearly $400m. Turnover at the firm’s City office over 2020 was $397m, up 18 per cent from $337m. Global turnover also increased by 9.3 per cent to $2.4bn, while average profit per equity […]

Ashurst

Ashurst treads into corporate governance with Addleshaws hire

Ashurst is the latest firm to invest in its corporate governance capabilities, as it looks to advise FTSE clients on matters such as ESG and compliance. The firm has hired the head of Addleshaw Goddard‘s group, Will Chalk. Chalk joins Ashurst as its first dedicated corporate governance partner, with a focus on governance, corporate compliance […]

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