Home Legal Affairs

Legal Affairs

What steps to take in removing a GP

LPAs usually contain a clause for removal of the fund manager, either 'for cause' or 'no fault.' Malcolm Nicholls and Kate Simpson, of law firm Proskauer, lay out the negotiation points and the likely effect on economics.

LeapFrog: a general counsel needs to lead

The emerging market investor's new general counsel, Frances Holliday, says LP demands on risk management have changed and lawyers need to make their mark on the business.

Idinvest: LPs negotiating ‘harder and harder’ on the LPA

Guillaume Cavalin has joined Paris-based Idinvest Partners as legal director from Jones Day, the third legal hire the firm had made in 18 months. pfm caught up with Cavalin to get his take on how private equity fund structuring – and LP demands – are changing.

US government sues PE firm for alleged kickback scheme

The case against buyout firm RLH and one of its portfolio companies may signal a 'significant development' in attempts to hold PE managers liable for portfolio company conduct, law firms say.

LISTEN: The top litigation risks for private funds in 2018

Proskauer’s Tim Mungovan and Josh Newville tell pfm about the key litigation risks for private equity this year in our first podcast.

Five key litigation risks for private funds

From conflicts of interest to subscriptions lines, lawyers flag up the five issues most likely to trigger court action.

EU ‘pre-marketing’ proposals under fire

The plans by Brussels would bar a GP from marketing a fund to LPs prior to its receiving AIFMD authorization.

Ensuring alignment

In this extract from The LPA Anatomised, Adam Turtle, Rede Partners, and Emma Cleveland, Cleveland & Co Associates, discuss carry models and GP commitments.

EisnerAmper opens in London and hires KPMG partner

Tax and consulting firm EisnerAmper has opened a London office and hired former KPMG partner Robert Mirsky to lead its presence in the city.

Legal winners at the PEI Media Awards

Which law firms won across the alternative asset classes?

Copyright PEI Media

Not for publication, email or dissemination