If you want to gain a better understanding of commercial awareness in the legal marketplace, then Lawyer 2B’s webcast powered by The University of Law is a must-view. Our expert panel members will help you to enhance your understanding of commercial awareness by defining it, outlining its importance to firms and explaining how to improve […]
A former Allen & Overy (A&O) New York partner was sentenced to more than 17 years in prison last week after pleading guilty to the sex trafficking of a child. Former capital markets partner Edward De Sear, who joined A&O’s New York office from Bingham McCutchen in 2010, pleaded guilty before US District Judge William […]
A response to the LSB draft statutory guidance on legal education The Training and Education Committee of the City of London Law Society (CLLS), of which I am a member, has just written a strongly worded response to the proposal by the Legal Services Board (LSB) to issue statutory guidance to the front line regulators, […]
Group deputy general counsel Dominique Bourrinet is to take the chief legal role at Société Générale (SocGen). His promotion will take effect from 1 January 2014, once his predecessor Gerard Gardella begins his new post as adviser to the bank’s corporate secretary. Bourrinet has been SocGen’s deputy GC for just three months, having previously headed […]
Law Society staff have been clobbered with a special holiday treat from senior bosses – they are being forced to take annual leave between Christmas and New Year in a move lawyers speculate could be challenged in court. The ornate London offices of the body representing solicitors in England and Wales have historically remained open […]
By Jean-Pierre Douglas-Henry and Oliver Perez The 2013 International Swaps and Derivatives Association (ISDA) Arbitration Guide has been published following a two-year consultation with ISDA members. The guide provides model clauses for various forms of arbitration for use in derivative transactions. This is welcome news for the banking and investment community, which has not always […]
The British Virgin Islands (BVI) is home to more than 480,000 active business companies. This article considers the benefits of using a BVI company for an initial public offering (IPO). The benefit is the flexibility of our company law — the BVI Business Companies Act 2004 (BC Act), which came into full force and effect […]
Robin Johnson, head of international mergers and acquisitions (M&A) at Eversheds, has commented following news that M&A in Europe reached a 10-year low in 2013, saying that the ‘historic figures’ don’t reflect the major increase in deal activity since the summer. Johnson said: ‘There is renewed confidence even in the eurozone, which has been slower to […]
On 17 December 2013, the management board of Nowe Centrum Łodzi selected the offer of the consortium of Wierzbowski Eversheds, Mott MacDonald Polska, Mott MacDonald Ltd and KPMG Advisory for the co-ordinating concept for development of the Special Culture Zone in the New Łódź City Centre. The tender was conducted using the negotiated procedure with […]
Fiona Ghosh, partner and payment services expert at Eversheds, has commented following news that US retailer Overstock plans to accept online currency Bitcoin as payment. She said: ‘While it is unsurprising that Bitcoin is gaining in popularity, both in the online and offline world, I would still expect that the majority of traditional retailers, i.e. […]
Eversheds has advised Guotai Junan as the sole sponsor, global co-ordinator and bookrunner for the China Creative Home Group initial public offering (IPO). The group raised HKD648m (£50m) through issuing 360 million shares, accounting for about 20 per cent of the enlarged share capital. China Creative Home Group is a PRC company principally engaged in […]
Conyers Dill & Pearman has provided Bermuda law advice to Aircastle in connection with a joint venture to invest in leased aircraft with an affiliate of Ontario Teachers’ Pension Plan, the largest single-profession pension plan in Canada. The joint venture was announced by Aircastle on 19 December 2013 and its first investment is two Airbus […]