Overview of the Bahamian legal system The Bahamas is a former colony of Great Britain, which attained independence on 10 July 1973 but acknowledges the Queen of England as its constitutional Head of State and maintains its identity as a common law jurisdiction. By the Declaratory Act passed in 1799, the English common law was …
Earlier this year, New Zealand’s highest court issued a decision clarifying when and how evidence of parties’ dealings will be admissible to support arguments before the courts on contractual interpretation. The decision signals a departure from the New Zealand approach to date and the approaches in a number of other Commonwealth jurisdictions, in particular the …
Continue reading “A guide to litigating contracts in New Zealand”
The Investment Limited Partnership (Amendment) Act, 2020 (the 2020 Act) brought about much-welcomed updates to the Irish investment limited partnership (ILP) regime, ensuring that the ILP is a modern and efficient partnership vehicle.
A new piece of regulation: the entry into force of the FinSA and FinIA While the financial regulation landscape, inclusive of compliance, has kept evolving and increasing in the past 20 years, the architectural skeleton of the Swiss regulation landscape in this industry was entirely reviewed with the entry into force of two new bills …
Continue reading “Recent changes in the Swiss financial litigation landscape”
If, as according to Ian Stewart, chief economist at Deloitte, CFO’s believe that climate transition will re-shape the business environment and more than two-thirds expect significant or wholesale change in their own business as a result of the move to net zero, what do CLOs or general counsel think?
The In-House Lawyer (IHL): How has market uncertainty impacted London’s commercial litigation market over the past year, and how do you expect this to evolve?
New Law is as a breed still a lot better at promise than delivery, particularly on claims of providing better value than law firms.
New role for Booth at Crown Estate Rob Booth, one of the leading lights of the in-house legal community, will be stepping away from his position as general counsel and company secretary at The Crown Estate to become the company’s new head of assets.
The legal industry is still fragmenting. Pre-2008 it was an easier game: a buoyant economy, predictable government and a converging world flattened by globalisation and the internet. Law firms sought to be ‘global’ and ‘full-service’ and merged or opened offices accordingly. The business model was simple: bigger clients, bigger teams, higher utilisation, higher rates. Hold …
‘It’s a snowball effect. Look at private equity (PE) – that used to be dominated by Clifford Chance (CC), Freshfields and Ashurst but now it’s US firms,’ warns Weil London head Mike Francies. ‘The same hasn’t happened in M&A yet but nearly all of the top US firms here are now trying to build it. …
Continue reading “Is the Magic Circle’s dominance in the UK M&A market under threat?”