Issue 68 of DLA Piper’s Banking and Finance Litigation Update is now available. Contents Domestic banking Domestic general European banking European general International banking International general Press releases Case law 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 its decision in Des Pallieres v JP Morgan Chase & Co, the Jersey Court of Appeal has provided a clear view of the principles that apply to costs awards in trust proceedings for parties acting in a fiduciary capacity. The Court of Appeal’s decision was preceded earlier this summer by the Royal Court’s decision […]
In the English case of Slutsker v Haron Investments Ltd [2013] EWCA Civ 430, the Court of Appeal considered the way in which the matrimonial property regime in Russia would be recognised in respect of English property held in a Cayman law trust. Mr and Mrs Slutsker were two Russian individuals who had been married in Moscow. Mrs […]
China may be an economic superpower, but for the vast majority of Western law firms it’s a headache. Few of them make much money in the PRC. Will we see global law firms downsizing their China operations? Click the links below for unrivalled analysis of the issue from The Lawyer’s Asia editor Yun Kriegler. The […]
Eversheds has unveiled a new pan-African strategy which will see the firm move back into South Africa and launch offices in Ghana, Kenya, Morocco and Tunisia. The firm has also launched the Eversheds African Law Institute (EALI), signing up firms from 14 countries to participate in the venture. The institute is designed to allow member […]
Swedish firm Magnusson has launched its third office in a year, opening in Ukraine with the hire of a partner from Cypriot firm Andreas Neocleous & Co. Anton Prysyazhnyuk, previously managing partner of Andreas Neocleous’s Kiev office, will lead a team of 10 lawyers from a variety of firms including Baker & McKenzie, Linklaters, Russia’s Egorov […]
Herbert Smith Freehills (HSF) has hired two partners in Australia, with Sydney corporate partner David Ryan joining from Baker & McKenzie and Brisbane financial partner David Lyons joining from Norton Rose Fulbright. Both new partners will commence at HSF early this month. Ryan was previously a partner and the global head of mining and metals […]
Veale Wasbrough Vizards (VWV) has swallowed up niche London property firm George Carter in a boost for its City base. All of George Carter’s staff – consisting of three partners, two lawyers and around four support staff – will move to Veale Wasbrough Vizards London office from today (1 October). George Carter posted estimated revenues of […]
Eversheds has advised European polyester-fibre producer Advansa on the sale of assets used in its branded and speciality polyester products businesses for apparel end uses to Invista, owner of the Coolmax fabric and Lycra fibre brands. The Eversheds team was led by corporate partner Alasdair Outhwaite, supported by intellectual property partner Adrian Toutoungi and associates […]
Dentons has begun merger talks with US firm McKenna Long & Aldridge, just six months after the tripartite combination which formed the firm. In a statement this morning the firm confirmed that it was in talks with McKenna Long in a move which would add 575 lawyers, mainly in the US, to its global presence. […]
Lawyers from Eversheds’ electronic communications team and its privacy, information and communication technologies team have successfully represented PTK Centertel in a case involving a fine imposed by the Polish telecoms regulator for the company’s Zetafon offer. In 2011, the president of the Office of Electronic Communications imposed a fine on PTK Centertel of PLN2.5m (£494,000) for failing […]
Ryanair has been told to reduce its 29.8 per cent stake in Aer Lingus to just five per cent and has also been restricted from seeking or accepting board representation in the Irish national flag carrier after a ruling from the UK Competition Commission. The aim of the ruling is to protect competition on UK-Ireland […]