By Manisha Shroff, Pranay Bagdi, Oishik Bagchi, Oindrila Bhowmik On 7 August 2018, the Central Government has issued a notification bringing into force the provisions of Section 10 of the Companies (Amendment) Act, 2017 amending Section 42 of the Companies Act, 2013 (Act) relating to private placement norms for issue of securities. Further, consequential amendments required […]

As a politically stable and tax neutral jurisdiction with over 40 years accumulated experience as an international finance centre, Guernsey has gained a strong reputation as a prime location in which to establish investment structures of all descriptions including a large number of property funds and property holding vehicles. This brief guide has been prepared […]

By Ben Morgan One of the small, but important, details to arise from the recent case of Carlyle Capital Corporation Limited (in Liquidation) and others v. Conway and others [2017] (“Carlyle”) was that the directors under fire in that case were able to demonstrate to the court that they were acquainted with the duties of a director […]

By Stephen Radcliffe, Carly Thorpe, Lucy Wild The recent judgement in Michael J Lonsdale (Electrical) Limited v Bresco Electrical Services Limited (In Liquidation) [2018] EWHC 2043 (TCC) makes clear that a company in liquidation cannot refer a dispute to adjudication when that dispute includes (whether in whole or in part) determination of any claim for further […]

By Michael Briggs Working Families is the UK’s leading work-life balance organisation. It helps working parents and carers and their employers find a better balance between responsibilities at home and work. Each year, National Work Life Week takes place to highlight the need for both employers and employees to focus on well-being at work and work-life […]

Fieldfisher’s announcement last week that it has expanded its Condor automated documentation platform to South Africa serves both as confirmation of the success of this alternative legal services initiative and as a pointer to the emerging market for law firm-related consultancy businesses. Fieldfisher revealed that it has launched a managed legal services centre in South […]

Fieldfisher is to open a legal support centre in Belfast, years after firms such as Herbert Smith Freehills, Baker McKenzie and Allen & Overy made similar moves in the Northern Irish capital. Fieldfisher says it expects to house 125 personnel in Belfast within the next three years, with 14 people having already been recruited. The office […]

Mayer Brown has lost a five-lawyer real estate and finance team to Dechert’s Paris office, as the recruitment market continues to heat up in the French capital. Dechert partner Privat Vigand is leading the team’s move to Dechert, along with four associates – Guenaëlle Taroni, Antoine Periat, Fanny Roiena and Pauline Keller. Vigand has been at […]

Ropes & Gray is to significantly cut back its real estate and restructuring-related offering in London, with four partners told to leave the office in the coming months. The partners in those teams were told “they were no longer required at the firm” following a visit from the US heads of the firm last week. […]

Clifford Chance, Eversheds Sutherland, Gowling WLG and Kirkland & Ellis have advised on the £1.5bn sale of Network Rail’s commercial estate to private equity giants Blackstone Property Partners and Telereal Trillium – the biggest investment programme in the railway since Victorian times. Clifford Chance and Eversheds both acted for Network Rail in its sale of a portfolio comprised […]

Slaughter and May has finally confirmed it has hired former Serious Fraud Office (SFO) director David Green QC as a senior consultant. Sources had claimed conflict issues were causing a hold up in the firm’s high-profile hire, but Slaughters has said Green will not work on matters in which he was involved while at the SFO. Green’s […]

Orrick’s City office has offered partnership to two private equity lawyers from Simpson Thacher & Bartlett and Milbank Tweed Hadley & McCloy to bolster the firm’s efforts in this area. James Connor and Daniel Wayte join from Simpson Thacher and Milbank respectively, and have been brought in to add bench-strength to Orrick’s London private equity practice and add […]

Baker Botts has snagged a corporate partner from Morgan Lewis & Bockius’ London office, three weeks after the latter brought in a trio of M&A partners from Herbert Smith Freehills to boost operations. David Ramm is joining Baker Botts after four years as a partner at Morgan Lewis. He moved over to the firm in 2014 […]