Scottish firm Gillespie Macandrew has announced a 5 per cent like-for-like increase in turnover and stable profits for the 2012/13 financial year. Although overall turnover for 2012/13 dropped by 2 per cent from £9.77m to £9.2m, turnover based on legal services was up by 5.3 per cent from £8.74m to £9.2m. Last year’s turnover included […]
Reed Smith’s global managing partner Greg Jordan is leaving the firm for PNC Financial Services Group, leaving global litigation chief Alexander Thomas to fill his shoes. The move comes months after banking giant Barclays named PNC’s general counsel Bob Hoyt as the replacement for outgoing legal head Mark Harding (30 August 2013). Hoyt joined PNC […]
Karanovic & Nikolic managing partner Patricia Gannon attended the World Business Forum in New York this week. Attended by more than 3,000 senior managers of US and international companies, the event was focused on competitiveness in the global economy. Speakers including Jack Welsh, Clayton Christiansen and Jeb Bush discussed the challenges facing business, leadership and […]
Karanovic & Nikolic has released the September 2013 issue of its Regional Energy News publication, which covers the following regions: Serbia, Macedonia, Montenegro, Croatia and Bosnia & Herzegovina. Click on the link below to read the rest of the Karanovic & Nikolic briefing.
DLA Piper has successfully acted for ING on appeal of a claim instituted by Stichting Misrekening. In its judgment of 1 October 2013, the Amsterdam Court of Appeal ruled that ING did not mislead customers about the interest rate on its Toprekening. Stichting Misrekening had adopted the position that the Postbank (which was incorporated into […]
Philip Davies, a partner specialising in employment law at Eversheds, has said that the recent provisions requiring the annual directors’ remuneration report to include a future remuneration policy report will ease investor discomfort. Davies added that, while discontent over top pay and bonuses has been growing for some time and investor disquiet has been evident, the reforms are […]
Conyers Dill & Pearman has provided British Virgin Islands legal advice in connection with the issue of $300m (£185m) 4.75 per cent guaranteed bonds due in 2018 and $2m (£123.5m) six per cent guaranteed bonds due in 2023 by AVIC International Finance & Investment Company and guaranteed by AVIC International Holding Corporation. AVIC International Holding Corporation is an importer and exporter […]
US-, English- and Turkish-qualified lawyers from DLA Piper in London and YükselKarkınKüçük have advised Coca-Cola İçecek, the Turkey-based international Coca-Cola bottler, in its inaugural offering of $500m (£300m) 4.750 per cent investment-grade notes due in 2018. Coca-Cola İçecek is one of the six largest bottlers in the global Coca-Cola system (among 250 bottlers around the world). It has operations in […]
Eversheds Bitāns has been awarded the Latvian Corporate Law Firm of the Year award 2013 by Lawyer Monthly. The 2013 Lawyer Monthly Legal Awards recognise the achievements of lawyers, law firms and associated legal professionals whose knowledge and expertise continue to influence the wider profession. Over the past four months, the Lawyer Monthly research team collected and collated votes through their […]
The Antitrust Division obtained more than $1.02bn (£630m) in criminal fines in fiscal year 2013 (October 2012–September 2013), which officially closed yesterday. Fiscal year 2013 marks the second year in a row that the division has eclipsed $1bn in fines, but only the third time in the history of the now 123-year-old Sherman Act that […]
Be Global is a publication by DLA Piper’s global employment group, designed to keep you informed on recent developments around the world. Be Global complements uKNOW, an online international employment, pensions and business culture information system designed exclusively for multi-national clients. uKNOW allows users to search for employment and pensions information by topic and country […]
DLA Piper has released the autumn issue of its Emerging Growth and Venture Capital News publication. Contents New SEC general solicitation and bad actor rules Practical tips re new Reg D for demo days and pitch events Awards Read our blog posts DLA Piper represents If you are registered and logged in to the site, click on […]