Former Ashurst global corporate head Stephen Lloyd is one step closer to joining Allen & Overy (A&O) after partners were last week told to prepare for a vote. Sources suggest the executive committee has already endorsed his appointment, with a vote among partners thought to be the final formality. Insiders suggest Lloyd has been offered […]
By David Nancarrow, Koji Ishikawa, Alyson Eather and Celeste Koravos Tokyo will host the Games of the XXXII Olympiad from 25 July to 9 August 2020 and the Paralympic Games from 25 August to 6 September 2020. According to Jacques Rogge, former president of the International Olympic Committee (IOC), Tokyo’s bid invited IOC’s members to […]
Conyers Dill & Pearman has advised Barclays Capital, Citigroup Global Markets and Wells Fargo Securities on a $400m (£244m) offering by Energy XXI (Bermuda) of 3.0 per cent senior convertible notes due 2018. Paul Nystrom, lead associate, and Kathleen Moniz and Robert Alexander of Conyers’ Bermuda office advised on the offering, working alongside Baker Botts as US counsel […]
By Niall Murphy This is the second of two looks at new measures being introduced by the Revenue to crack down on what it perceives as the use of partnerships for tax avoidance purposes. In all cases, they counteract what have been reasonably standard- and long-term planning measures. Here Shoosmiths looks at the proposed new measures… […]
By David Nessim The recent case Feltham v Bouskell [2013] EWHC 3086 (Ch) is one of the first to consider the additional sanction under CPR 36.14(3)(d), introduced on 1 April 2013 as part of the Jackson Reforms. Feltham v Bouskell concerned the professional negligence of a solicitor in failing to prepare a will for the […]
By Alec Christie and Rose Bollard In the mobile environment, data can be collected and shared with ease. It is therefore of great concern to the privacy commissioner/Office of the Australian Information Commissioner (OAIC) that each individual’s privacy is strictly protected, no matter what platform/technology is used. In May 2013, DLA Piper updated readers on […]
DLA Piper has released the 2 December 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector. If you are registered and logged in to the site, click on the link below to read the DLA Piper briefing. If not, please register or sign in with your details below.
On 29 November 2013 in London, the Cayman Islands and US governments entered into an agreement paving the way for the automatic exchange of tax information under the US Foreign Account Tax Compliance Act (FATCA). In addition to signing the agreement, the two governments also signed a new tax exchange agreement (TIEA) that replaces the […]
Linklaters is to introduce a merit-based element to its associate lockstep structure in an effort to “reward high performance as well as chargeable work” after lifting a junior lawyer pay freeze earlier in the year. London-based associates above two years PQE will for the first time receive a discretionary element understood to start at around […]
Legal market anoraks, here is your festive hoorah: Herbert Smith Freehills’ vote on its new remuneration structure is to jingle-bell its way into town before Christmas. God bless us, every one. If ‘tis the season to be jolly, the firm’s chosen system – on track to be a hybrid of the two existing models – […]
Conyers Dill & Pearman has provided Bermuda law advice to Maiden Holdings in connection with the offering by its wholly owned US holding company Maiden Holdings North America. The offering of $152.5m (£93m) aggregate principal amount of 7.75 per cent senior notes is due 1 December 2043 and is fully and unconditionally guaranteed by Maiden. Michael […]
Allen & Overy’s international arbitration practice has again been ranked in the top tier by Chambers UK. The practice works across Europe and Asia and has considerable expertise in investor-state, gas price review and financial services-related arbitrations.