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Clydes launches fifth US office with Orange County base

Clyde & Co has hired two partners from US firm Keesal, Young & Logan to establish its fifth US office in Orange County, Southern California. Marine partners Joe Walsh and Frances Keeler launched the office with two associates in temporary office space in Newport Beach today. Walsh will head the team, which will focus on…

Stephenson Harwood and Travers Smith advise on P2PGI IPO

Stephenson Harwood and Travers Smith took key roles on the launch and flotation of peer-to-peer (P2P) loans business P2P Global Investments (P2PGI) on the London Stock Exchange’s main market. The IPO has made P2PGI the first ever UK-listed company dedicated to investing in loans originated by global P2P and online lending platforms. P2P lending platforms…

Qatar 2022 bid committee instruct Schillings over World Cup bribery claims

The Qatari bid committee is understood to have turned to Schillings for advice following allegations of corruption during the World Cup bidding process. The committee have denied claims of bribery linked to the World Cup, after a Sunday Times report claimed that football officials had received up to £3m to tilt the 2022 bid towards…

KWM Hong Kong partners Kwok and Chan quit to launch boutique

King & Wood Mallesons (KWM) has been hit by the exit of a pair of heavyweight Hong Kong partners, Larry Kwok and Conrad Chan, who will leave the firm next week with a clutch of associates. Kwok, who was managing partner for Asia strategy and markets at King & Wood Mallesons, is expected to launch…

Herbies finalises disputes management line-up with Carrington named EMEA head

Herbert Smith Freehills (HSF) has named London-based partner Philip Carrington as EMEA disputes head, while in Paris Isabelle Michou becomes head of disputes. The move comes just months after HSF named Hong Kong based partner Justin D’Agostino as its new global dispute resolution head (19 March 2014). D’Agostino succeeded incumbent Sonya Leydecker, who was promoted…

New Registry of Linked Subjects

On December 19 2013, the Tax Authorities issued the General Resolution No. 3572 (the “Resolution”). The Resolution establishes the creation of a Registry of Linked Subjects (the “Registry”), in which the following must be registered on mandatory basis: taxpayers and/or those responsible resident in Argentina whose earnings are of third rate, and who keep certain…

Charles Russell signs Saudi agreement for Middle East expansion

Charles Russell has signed a formal association agreement with independent Saudi Arabian firm Al-Soaib, gifting it its third foothold in the Middle East. The firm already has a presence in Bahrain and Qatar, launching the latter office just last year (15 August 2013). The two firms have worked together in the past, particularly on corporate,…

Never a Dull Moment in Argentina (Canosa Abogados)

It seems that there will be plenty of news from Argentina in 2014. The legal environment is defined by the economy’s appetite for dollars and the need to break the inflation fever that has recently broken out. The last few weeks have proven particularly vertiginous. To give an example, the unofficial rate of exchange on…

Extension of the Bill Setting forth a Voluntary Disclosure Program – Creation of New Financial Instruments. (Canosa Abogados)

On June 3, 2013 the law that created a New Voluntary Disclosure Program (“New Voluntary Disclosure Program”) and the creation of three new financial instruments designed to funnel the assets disclosed under the New Voluntary Disclosure Program was enacted. We believe the initiative is positive. 1. Voluntary Disclosure Program. We will develop firstly the New…

Hill Dickinson hires from Clydes and Kennedys to bolster Asia base

Hill Dickinson has bolstered its Asia office network with the hire of two shipping partners, taking one from Clyde & Co in Singapore and another from Kennedys in Hong Kong. Former Clydes partner Chris Edwards will join the firm in Singapore on 2 June, while Kennedys partner Anthony Woo is to join the Hong Kong….