South African firm Webber Wentzel has hired five senior banking lawyers, including the outgoing general counsel of Jardine Matheson, in a boost for its finance team. Jardine Matheson announced in December that its general counsel Giles White was stepping down to be replaced by Linklaters corporate head Jeremy Parr (8 December 2014). South African-born White, […]
Christodoulos G Vassiliades & Co has been ranked as part of the Interlaw network of elite law firms. Interlaw members share the same general core values and commit to extend to one another’s clients the professional courtesy of ‘Best Client’ status, assuring seamless service, timely response, transparent and fair billing practices and open, honest, and direct […]
Early this year, in Moore and Coates v Secretary of State, Gilbart J in the Planning Court found that the Secretary of State for Communities and Local Government had discriminated against two Romani Gypsy women contrary to the Equality Act 2010 ss 19 and 29, to have breached the public sector equality duty contrary the Equality […]
Morgan Lewis & Bockius has hired DLA Piper’s London head of investment funds Gawain Hughes, as the firm continues to grow in London. Hughes’ appointment is set to build on the firm’s private investment funds capabilities, with Hughes counting institutional fund managers and administrators as his main clients. Prior to joining DLA Piper in 2010, […]
Francois Barker, head of pensions at Eversheds, has commented on news that UK pensions freedoms are proving very popular. He said: “These statistics show that many savers have already taken advantage of the new pension freedoms and that, on the whole, things are working well. Credit should go to providers and trustees who only had […]
Gateley has announced that its revenue has increased 10 per cent from £54.6m to £60m during the 2014/15 financial year. The results are the first to be announced since the firm floated on AIM last month (8 June 2015). Gateley is the first UK law firm to take advantage of having an alternative business structure […]
Schoenherr has advised immigon portfolioabbau and ERGO Versicherungsgruppe, the two majority shareholders of VICTORIA-VOLKSBANKEN Pensionskassen Aktiengesellschaft and VICTORIA-VOLKSBANKEN Vorsorgekasse AG, on the sale of their shareholdings in both the pension and the provident fund to BONUS Pensionskassen Aktiengesellschaft. The two share purchase agreements were signed on 10 July 2015. Following closure of these transactions, which […]
Offshore firm Appleby has agreed the management buyout (MBO) of its fiduciary business for an undisclosed sum in a deal backed by private equity house Bridgepoint. The firm becomes the latest in a string of major offshore players to offload their fiduciaries. The deal will see Appleby Fiduciary Business (AFB) spin off into an independent […]
In a market where many firms are posting double digit rises in revenue, there doesn’t appear to be much of a problem when it comes to pricing. But don’t be so sure. Pricing specialists believe that the current turnover increases the market is seeing aren’t sustainable. Not only that, but clients are also getting serious […]
The BBC has promoted Nicola Cain to the new role of head of legal for freedom of information (FOI) and contentious data protection (DP). In her new role, Cairn will be responsible for handling contentious DP issues, as well as dealing with FOI requests and appeals. The position has been created following a reorganisation within […]
While the chances of Greece leaving the eurozone have diminished a Grexit still remains possible. There is a lot of uncertainty about the political and economic outcome of Greece’s current predicament. Recent reports have indicated that the question of whether Greece keeps the euro or prints its own currency such as the drachma is still […]
Housing associations Thirteen Group and Midland Heart have both announced their intention to create new legal panels. Middlesbrough based Thirteen Group hopes to have its new panel in place by September. The panel will run for three years with the possibility of Thirteen extending the cycle for an additional 12 months. The housing association is […]