04/29/2016
Debevoise Advises CD&R in Acquisition of Kalle
Debevoise advised CD&R on financing and tax aspects of the deal.
Legal, Regulation & Compliance
04/29/2016
Bhs has lessons for the state of pension regulation
The BHS schemes are now unsecured creditors in the insolvency process, with a whopping £571m claim against BHS’s corporate assets — the largest by a long way — but, as most assets are secured, they will receive virtually nothing.
04/29/2016
CMS announces 31 partner and two director promotions globally, alongside key management changes
CMS has added 31 partners across 22 offices globally, in addition to two director appointments in Scotland. Women represent over 39% of the firm’s promotions, spread across a number of practice areas and jurisdictions
04/28/2016
UK's big four banks face £19bn in compensation, fines and legal costs
Barclays, HSBC, Lloyds and RBS expected to pay out sum by end of 2017, taking total since 2011 to £75m, says Standard & Poor’s
04/28/2016
EU defines high-frequency trading
The European Commission has given details of how it will define high-frequency trading as part of its new approach financial markets regulation, the revised Markets in Financial Instruments Directive.
04/28/2016
What happens in Panama stays in Panama? A short review of the law of confidence by Nigel Adams
The law of confidence exists in English law to protect confidential information from publication and/or other unauthorised use.
04/28/2016
FCA publishes Market Watch newsletter
The Financial Conduct Authority (FCA) has published Market Watch 50.
04/28/2016
International Update from the Law Society of England and Wales
There are opportunities for lawyers around the world to participate in the World Bank's Doing Business project 2017, and for members who wish to get involved with visiting delegations from Ghana, China, Malaysia and Japan.
04/28/2016
Libya SWF case against Goldman Sachs back in London court on May 5
A pre-trial review hearing has been confirmed for May 5 and a trial date is expected to be set for early June.
04/28/2016
Senior Barclays executive denies knowledge of Libor rate rigging
Michael Bagguley, a prosecution witness in the trial of five former Barclays traders, denied any involvment in or knowledge of rate rigging
04/28/2016
Hungary’s Central Bank Companies May Keep Some Data Secret
Amendment allows central bank to conceal information that would hinder the competitiveness of its companies
04/27/2016
UK's Big Four Banks Face £19bn In Compensation, Fines And Legal Costs
Barclays, HSBC, Lloyds and RBS expected to pay out sum by end of 2017, taking total since 2011 to £75m, says Standard & Poor’s
04/27/2016
Andrew Bailey was not interviewed for FCA job, confirms chairman
The other candidate on the original list was Greg Medcraft, the head of Australia’s securities watchdog.
04/27/2016
Deutsche Bank aims to seal major legal disputes by end of 2016 - co-CEO
Deutsche Bank has been hit by its soaring legal costs, weak bond trading and a loss in its investment bank, which saw the financial institution post a record loss of 6.8 billion euros in 2015.
04/27/2016
Ex-Barclays boss tells court he knew nothing of ‘improper’ emails
Mr Bommensath told the court he was not aware of emails between Barclays staff talking about making requests about Libor but described them as “improper”.
04/27/2016
Stephenson Harwood and Charles Russell Speechlys promote nine to partnership in bumper rounds
Last year the firm had promoted five all in London
04/27/2016
Carey Olsen part of winning team at IFLR European Awards
Mr Marks said: "Being part of the winning deal team for this award reflects Carey Olsen's strong track record in advising on high yield deals."
04/27/2016
FCA proposes measures to improve the effectiveness of UK primary listed debt markets
It highlights the developments in primary debt markets the Forum considered and the issues it discussed.
04/26/2016
Deutsche Bank Board Erupts Into Conflict Over Legal Expenses
Deutsche Bank Chairman Paul Achleitner, who has known Thoma for decades, tapped the Shearman & Sterling LLP lawyer in 2013 to help improve controls and work through the company’s numerous cases of misconduct.
04/26/2016
Alpha FMC lauches Compliance and Regulation practice
Alpha FMC’s service portfolio currently spans around ten service lines, with propositions ranging from strategic and advisory work to benchmarking services and execution related support.