The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The European Commission is trying to clear legal logjams preventing companies with share capital from different European Union (EU) Member States from merging.
Such transactions are illegal in the Netherlands, Sweden, Ireland, Greece, Germany, Finland, Denmark and Austria. However, under a new proposed company merger directive, they would be allowed across the EU, and would involve companies following the merger rules that would apply if they were merging with a company from their own country.
The Commission said the legislation would also ease the legal obstacles impeding mergers involving companies from jurisdictions that allow cross-border deals of this type, but which have contrasting merger rules, leading to “complex and costly legal arrangements”.
The proposal lays down some basic procedures for cross-border mergers, stipulating some formalities for merger terms – affecting issues such as the location of a registered office and reconciling rules on employee participation - to ease legal difficulties. EU internal market Commissioner Frits Bolkestein said the plan would “facilitate the co-operation and restructuring necessary to make Europe more competitive”.