Western Europe
Law firms that are fully transparent about costs can better cater to in-house counsel demands, but a big gap in expectations remains, IFLR data reveals
As defence spending soars to new highs and private capital is dominating the sector, new doors are opening for law firms
New hires were made across the finance, M&A and funds practices in New York, London and Paris
The firm’s managing partners in London and Lisbon discuss why Portugal was the place to go next
Transatlantic dealmaking is reshaping the UK’s corporate landscape, as global firms capitalise on an opportunity to improve growth, innovation and long-term defensibility
London-based M&A lawyer Nick Tomlinson discusses why the best M&A lawyers know when to dig in and when to help their clients move forward
A unified approach to the carbon markets will help lower costs and break down barriers for investment in low carbon technologies
Two of the firm’s partners in Frankfurt and London talk about sector trends and how the firm continues to bolster its internal capabilities to meet demand
Sponsored
Sponsored
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Sponsored by Elias Neocleous & CoUnder the Basel III regime, in order to counter cyclicality in the financial system, capital should be accumulated when cyclical systemic risk is judged to be increasing, creating a countercyclical capital buffer (CCB) that increases the resilience of the banking sector during periods of stress when losses materialise. This will help maintain the supply of credit and moderate the downswing of the financial cycle. The requirement to add to the CCB also dampens excessive credit growth during the upswing of the financial cycle. -
Sponsored by Baker McKenzieManuel Meyer, Andrea Bolliger and Yves Mauchle of Baker McKenzie explain why the Swiss legal regime is attractive for initial coin offerings
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Sponsored by CuatrecasasSpain remains one of the largest European markets for non-performing assets – both for its non-performing loan (NPL) and real estate-owned (REO) portfolios – and is a preferred jurisdiction for international investors. The provisioning requirements of credit institutions for real estate exposures and the creation of the Spanish bad bank, Sareb, were the real catalysts for the change in mindset regarding the transfer of NPLs. All Spanish financial institutions, even the most solvent ones, accumulated large amounts of NPLs – around €300 billion ($347 billion) in total – during the real estate crisis and financial turmoil. All international credit funds and distressed investors landed in Spain several years ago and many of them set up their own asset management platforms. During those years, there was no other jurisdiction in continental Europe that could offer the opportunities and returns available in Spain (until recently, Italy).
