Sponsored briefing: The end of Libor in Switzerland

The UK Financial Conduct Authority (FCA) announced on 27 July 2017 it would no longer require that banks that are members of the Libor panel be obliged to communicate a daily rate after 2021.

2021 is perhaps not tomorrow, but it is definitely very soon after tomorrow. Financial institutions should now review their Libor-based contracts and products to quantify their exposure to the discontinuation of such a rate. While the effort is obviously larger for financial institutions, other enterprises, and even retail investors and borrowers, should assess their risk and determine what measures to take. We provide below an overview of the contracts that may be affected and possible remedies. Continue reading “Sponsored briefing: The end of Libor in Switzerland”

Sponsored briefing: Tracing assets – what you need to know

Sponsored briefing: Tracing assets – what you need to know

K2 Intelligence’s Darren Matthews on what successful asset search and recovery looks like

Understanding the form, value and recoverability of an adversary’s assets is an essential part of legal strategy in any dispute. What may appear relatively simple – locating material assets and determining their value – invariably turns complex when assets are held through multi-level corporate structures layered over multiple jurisdictions. Methods used to hide assets are becoming more sophisticated and asset-recovery experts must keep up to date with the latest asset-searching techniques, practices and technologies. Understanding the form, value and recoverability of an adversary’s assets is an essential part of legal strategy in any dispute. What may appear relatively simple – locating material assets and determining their value – invariably turns complex when assets are held through multi-level corporate structures layered over multiple jurisdictions. Methods used to hide assets are becoming more sophisticated and asset-recovery experts must keep up to date with the latest asset-searching techniques, practices and technologies. Continue reading “Sponsored briefing: Tracing assets – what you need to know”

Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’

Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’

CM Murray is a leading specialist partnership and employment law firm based in London. The firm is ranked by the legal directories as Tier 1 for both of its practice areas, and enjoys a market-leading reputation for advising professional and financial services firms on sensitive and complex cross-border partnership and employment law issues.

The breadth and depth of the firm’s partnership practice encompasses the 360-degree life cycle of partnership businesses, offering both contentious and non-contentious partnership law advice. The firm’s non-contentious law firm expertise includes establishing law firm LLPs/partnerships and alternative business structures, drafting and reviewing LLP/partnership agreements, advising on partnership and governance structures, partner remuneration and contribution, LLP conversions and internal restructuring, international network structures (including Swiss Verein structures), and associations and law firm M&A. Continue reading “Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’”