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The chancellor of the exchequer gave his Summer Budget to Parliament on Wednesday 8 July.
A radical budget with big surprises, as well as much of that was expected.
’Base cost shift’ removed; taxation of managers’ rewards takes another hit.
New legislation will introduce a ‘corporate rescue’ rule, among other things.
Eversheds advised Swedish audio fashion company Zound Industries in connection with Time for Growth’s investment.
Welcome additional form of protection for financial institutions and their employees.
Stress on individual accountability and firms’ collective responsibility to avoid recurrence of “ethical drift”.
Opportunities for European and US asset managers, depositaries and custodians.
Business standards and unfair contract terms guide among areas affected.
The protection of trade secrets has been on the European legislator’s agenda since 2011. It was felt that the lack of harmonisation in this field is very disadvantageous for cross-border innovation in Europe.
Two-stage tendering download
Advantages, disadvatages and practical tips for managing a two-stage tender process.
With significant efficiencies being demanded by Government there is likely to be more pressure to consider the mutualisation of services.
A change in market conditions/ environmental conditions for any business in almost any sector can lead to considerations – should the client proceed with construction or seek to cut its losses?
Citigroup is to sell its £32bn stake in Yorkshire Water. Who next?
Divestments are moving to the centre of strategic M&A plans.
Eversheds has advised New Look on the employee share plans aspects of its sale to Brait SE for an enterprise value of c. £1.9bn.
Anti-money laundering measure means reporting more to the state.
The Brussels office of Eversheds has advised Marks & Spencer on the opening of its new store in Brussels, which opened its doors on the 7 May 2015.
Eversheds has advised Beech Tree Private Equity on its maiden investment in RS Fleet Ltd, a UK installer of telematics devices into vehicles on behalf of insurance companies.
Ruling has significant consequences on dawn raids by French competition authorities, who must now be sure to exclude privileged and unrelated documents.