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Bär & Karrer advises on fintech acquisition

Warburg Pincus is to acquire approximately 35% of the Avaloq Group. Avaloq is a leading FinTech company based in Switzerland. Bär & Karrer acted as Swiss legal adviser to an affiliate of Warburg Pincus in this transaction. The team included Michael Trippel, Rolf Watter, Daniel Heiniger, Silvio Grunder, Marina Lerch, Gabriel Kasper, Tiffany Ender (all M&A), Vera Naegeli […]

Rikers Population Drops While NYC Crime Rate Remains At Record Low

WASHINGTON ― The average daily population at Rikers Island has dropped by 18 percent since 2013, while crime in New York City has reached record low… Read more: u.s. News , New York City, Crime, Law Enforcement, Criminal Justice, Bill De Blasio, Jail, Rikers Island, Politics News

Debevoise PEP falls for first time since 2014 as revenue slides 3 per cent

Debevoise & Plimpton’s global revenue has fallen by 3 per cent from a record level of $756.9m to $735m in 2016. Similarly the New York-headquartered firm lost its growth trend for average profit per equity partner (PEP) that began in 2014 with the most recent figure falling 8 per cent from $2.6m to $2.4m in 2016. UK […]

Supreme Court rules in favour of insurers multiple claims liability cap

The Supreme Court has unanimously sided in favour of leading insurance company AIG Europe in interpreting the rules that govern the way insurers can combine multiple claims. In overturning the Court of Appeal’s ruling that the matters or transactions had to have an “intrinsic” relationship with each other, the Supreme Court said this formulation was […]

DLA Piper continues downsizing in Europe as Georgia team exits for Dentons

DLA Piper has announced plans to shut a second European office this week, closing in Georgia as its 11-lawyer team is set to join Dentons. This news comes after the firm made a decision to close in Berlin earlier this week, with its team and premises transferring over to DWF. The DLA Tblisi team, led […]

Quinn Emanuel launches new Perth office with litigation hire

Quinn Emanuel Urquhart & Sullivan has launched a new Perth office with the hire of former Herbert Smith Freehills (HSF) partner Paul Evans, who is set to join at the end of March. Evans is currently the state solicitor for Western Australia, where he manages the government of Australia’s civil and regulatory legal practice. In his […]

Khaitan advises on sale of Ambassador car brand to Peugeot

Khaitan & Co has advised Hindustan Motors in relation to the sale of its Ambassador brand to Peugeot Citroen for $12m. The core transaction team included Haigreve Khaitan (Partner), Bharat Anand (Partner), Kaushalya Shetty (Principal Associate), Sarthak Sarin (Senior Associate), Prakhar Bhardwaj (Associate), Bharat Gupta (Associate) advising on the Corporate aspects with assistance from Arvind Jhunjhunwala […]

Khaitan advises Dun & Bradstreet on Avention deal

Khaitan & Co has advised Dun & Bradstreet on the Indian leg of the transaction involving the 100% acquisition of Avention globally, including the Indian entity of Avention for $150m. Dun & Bradstreet offers a wide range of solutions in the areas of Risk & Finance, Operations & Supply Chain, Sales & Marketing, Economy Analysis and […]