Online December 2013
The controversial concept of ‘employee shareholder’ employment status has been a hotly fought point in the game of ‘ping pong’ between the House of Commons and the House of Lords.
One area of employment law that has seen little statutory change in 2013 is discrimination.
The pensions regulator has issued guidance on asset-backed contributions arrangements (ABCs).
Karanovic & Nikolic hosted a VIP cocktail on the occasion of the performance of the Choir and Symphony Orchestra of the Croatian Radio Television.
The FCA has published a ‘Dear CEO’ letter sent by Clive Adamson, FCA director of supervision, to the chief executive officers of mortgage lenders relating to changes to mortgage contracts.
Simon Rice-Birchall, partner at Eversheds, has said that after discussion over the potential abuse of zero-hour contracts, employers should expect some change to come.
‘Legal professional privilege’ is a general term that describes both: (1) legal advice privilege and (2) litigation privilege. This note explains litigation privilege.
Wragge & Co’s head of intellectual property, Gordon Harris, once again reviews the biggest developments in patent law.
Richard Lissack QC and David Morris from Outer Temple Chambers (OTC) have made it into the 2013 Chambers 100: UK Bar
Sylvia Kierszenbaum and Willem Van de Wiele have authored an article in The International Capital Markets Review.
Davinia Gransbury, a partner and head of Wragge & Co’s dispute resolution group, has been named in the 2013 Power Part-Time list.
International climate change negotiations concluded last month in Warsaw at the 19th Conference of the Parties to the United Nations Framework Convention on Climate Change.
The dispute arose under a memorandum agreement for the sale of a vessel on Norwegian Saleform 1993 terms.
Sometimes it’s hard to be a tenant. There are plenty of bear traps to keep you standing by your landlord.
With the Autumn Statement confirming plans that could make the UK tax regime for shale gas the most competitive in Europe, the spotlight is again on this hotly debated topic.
The Court of Appeal has handed down its decision in Mitchell v News Group, resolving recent uncertainty about the implementation of Jackson reforms — at least for the time being.
Earlier this year, legislators in Kenya established the Nairobi Centre for International Arbitration by passing the Nairobi Centre for International Arbitration Act No. 26 of 2013.
A new dawn for defamation? download
The Defamation Act 2013 comes into force on 1 January 2014. Shoosmiths provides details of the new regulations.
AA (Somalia) — Supreme Court says home secretary should amend the refugee family reunion rule for children download
The Supreme Court has strongly indicated to the home secretary that she should amend the immigration rules concerning family reunion of children with refugees in the UK.
The Academies Capital Maintenance Fund is available for academies to improve the condition of their school buildings and expand their facilities.
The law in Jersey relating to the consequences of receiving a bribe has recently been clarified.
As we head towards 2014, the finance market is becoming more optimistic and competitive.
In Feltham v Bouskell, the defendant argued it would be unjust to award the additional sum.
Addleshaw Goddard is increasing its capability in Hong Kong following the appointment of a third partner in its associated local law firm.
The Court of Justice of the European Union has released a ‘reasoned order’ in the GSK Biologicals SA case (C-210/13).
The treasurer has blocked Archer Daniels Midland’s proposed acquisition of Graincorp on the basis that it is contrary to Australia’s national interest.
The parties to Primera Maritime (Hellas) Ltd & Others v Jiangsu Eastern Heavy Industry Co Ltd had sought to resolve their shipbuilding contract dispute at an arbitral tribunal.
The case of PGF II SA v OMFS Company concerned High Court proceedings in which the claimant had made a written invitation to mediate as an alternative to costly litigation.
The Advertising and Marketing Communication Self-Regulation Authority has ruled again on a misleading advertising dispute between Henkel and Procter & Gamble.
The FCA has updated its webpage on the AIFMD to clarify how AIFMs can comply in a proportionate way with the AIFMD’s Article 15(1).
Allen & Overy has advised Heraeus Holding in connection with a €300m syndicated credit facility.
Allen & Overy has advised JP Morgan Securities in connection with the capital increase of ThyssenKrupp, raising gross proceeds of approximately €882.3m in a private placement.
Allen & Overy has advised German pharmaceutical and chemical group Merck on its £1.6bn takeover offer of Luxembourg-based AZ Electronics Materials.
Allen & Overy has advised Nationwide Building Society on the creation and inaugural issuance of £500m core capital deferred shares.
Allen & Overy has advised Tank & Rast Group on the successful placement of €460m senior second-lien high-yield bonds and on the placement of a €240m PIK facility.
Allen & Overy’s international arbitration practice has again been ranked in the top tier by Chambers UK.
Allen & Overy has announced the appointment of Stephen Lloyd as a private equity partner in its London corporate group.
The eighth edition of Allen & Overy’s Alumni yearbook is claimed to showcase the diverse and talented community of people that make up the firm.
Allen & Overy has announced the appointment of Peter McDonald to head the firm’s antitrust and competition practice in Australia.
On 13 December 2013, Allen & Overy’s Madrid office will host a meeting of the under-40s group of the Spanish Arbitration Club.
Anthony Potter of No5 Chambers has prosecuted Cedric Brown, 46, who has been jailed for five years after carjacking a mother’s car with her two chidren inside.
Appleby has acted as BVI counsel to Dalian Wanda Commercial Properties in relation to the listing of US$600m (£367m) 4.875 per cent guaranteed bonds due 2018.
Appleby has acted as Cayman counsel for Consun Pharmaceutical Group in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 19 December 2013.
Appleby acted as Cayman Islands counsel to Dongpeng Holdings Company Limited in connection with its listing on the main board of the Hong Kong Stock Exchange.
Appleby has acted as Cayman counsel for Fu Shou Yuan in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 19 December 2013.
Appleby has acted as Cayman counsel for Huaxi Holdings Company in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby has acted as Bermuda counsel for Kerry Logistics Network in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 19 December 2013.
Appleby has acted as Cayman counsel for Times Property Holdings in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 11 December 2013.
Appleby has acted as Cayman Islands counsel for U Banquet Holding in relation to its listing on the Growth Enterprise Market of the Hong Kong Stock Exchange.
Appleby has acted as Isle of Man counsel to private equity firm Vitruvian Partners in relation to its agreement to provide funding to support a management-led buyout of Royal London 360°.
Appleby has acted as Bermuda counsel for Willas-Array Electronics (Holdings) in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby has acted as Cayman Islands counsel to Yi Hua Department Store Holdings in connection with its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby has acted as Cayman counsel for Eprint Group in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby partner Judy Lee spoke at the recent China Offshore Summit in Shanghai about Chinese investments structured via BVI companies.
The number of new offshore companies registered in the first half of 2013 increased in most jurisdictions when compared to the second half of 2012.
Appleby staff have raised around $1,200 to support a Meals on Wheels initiative that will help vulnerable people in Cayman to enjoy a proper Christmas meal.
A Belgian sports agent representing a number of European footballers has launched a challenge against the legitimacy of UEFA’s Financial Fair Play Rules.
The Australian Securities and Investments Commission (ASIC) has announced that its new $43.7m next-generation market surveillance system has become operational.
In accordance with its usual practice, ASIC has now reported on the findings of its latest review of financial reports.
It is a fundamental principle of English law that when assessing damages for breach of contract, any damages awarded should compensate the innocent party for the loss of its contractual bargain.
Attorney and deputy beware download
What are the duties of an attorney under a property and affairs LPA and a deputy under a deputyship order when it comes to the investment and management of money?
This autumn, the people of Australia elected a new federal government, presenting a number of potential opportunities for investor-state arbitration in Australia.
The treasurer has announced his conditional approval of a $7.5bn foreign investment application from State Grid Corporation of China.
Australia’s root-and-branch Financial System Inquiry is progressing, with details of the final terms of reference, the full panel and the process released last week.
Is the safety, competitiveness and efficiency of Australia’s payment systems important to your organisation? Will recent and foreshadowed changes affect you?
Justice Greenwood has dismissed allegations that Cement Australia (Queensland) Propriety and Pozzolanic Enterprises Propriety had misused their market power in acquiring flyash.
The new Australian privacy principles attempt to keep pace with changing technology, emerging privacy issues and developments in privacy law in Australia and internationally.
The government has announced ‘reverse-charge’ rules for the sale of businesses and farm land.
Australian tax reforms for debt deductions — thin capitalisation rules and arm’s-length debt test download
The Board of Taxation has released a discussion paper as part of its review and consultation on the arm’s-length debt test in the thin capitalisation rules.
Amendments to the auto-enrolment legislation to take account of practical experience came into force at the beginning of this month.
Autumn Statement 2013 download
Chancellor George Osborne delivered his Autumn Statement on 5 December 2013. While some of the policies had already been widely predicted, there were some surprises in the package announced.
Autumn Statement 2013 download
Following the release of the Autumn Statement, Taylor Wessing has summarised some of the main announcements.
In this briefing, DLA Piper sets out a summary of key items of interest announced by the chancellor in the UK Autumn Statement.
Chancellor George Osborne has delivered a fiscally neutral Autumn Statement, which was a ‘long-term plan for a grown-up country’.
Autumn Statement 2013: tax summary download
This briefing contains a summary of the main tax points of interest with draft legislation enacting the proposed changes to be published on 10 December 2013.
Autumn Statement: charities download
The chancellor said that he wished to put beyond doubt that entities established for the purposes of tax avoidance would not have any entitlement to charitable tax reliefs.
Stephenson Harwood has released the autumn/winter 2013 edition of its Aviation LegalEye publication.
Payment claims under the security of payment legislation are often served during the holiday period.
The government has introduced a number of temporary changes to planning legislation, with the aim of revitalising rural communities and making use of empty agricultural buildings.
This article deals with common situations involving beneficiaries and the disclosure of trust documents.
The Bermuda Court of Appeal has held that statements in relation to assistance at common law to foreign officeholders made in an earlier Privy Council decision were not binding on it.
In its changes to the Human Rights Act 1981, Bermuda’s parliament has added sexual orientation to the list of defined characteristics protected from unlawful discrimination.
Bawag PSK and Signa Group have signed the contracts for the sale of the postal office savings bank building at Georg-Coch-Platz in Vienna. Binder Grösswang advised Bawag PSK in this process.
BIS business names consultation download
BIS is set to introduce measures to reduce the list of sensitive names that new businesses and charities must get approval for prior to incorporation at Companies House.
Fiona Ghosh of Eversheds has commented following news that US retailer Overstock plans to accept online currency Bitcoin as payment.
Andy Powell, long-term member of the band ‘Wishbone Ash’, brought High Court proceedings against Martin Turner, creator of the name and a member of the band during its boom period.
The UK IPO has rejected Tesco’s stylised mark for the word CLUBCARD covering a range of goods and services, including loyalty cards.
If a TV-on-demand service based in Hong Kong is viewed for free by UK internet users without having targeted them, does it generate goodwill in the UK? The Court of Appeal has said no.
The UK IPO has held that a UK trademark registration owned by Gucci for its famous ‘double G’ logo should be partially revoked for non-use.
E-commerce tools and the anonymity offered by trading over the web have long been exploited by traders of counterfeit goods.
Brands Update: phoning Brazil? download
The 25th Lower Federal Court of the City of Rio de Janeiro has issued its decision in the conflict relating to the trademark IPHONE.
The idea that by threatening to take action against someone who is infringing your trademark you yourself could be sued often strikes brand owners as odd.
The Slovakian Parliament recently adopted a new act concerning the customs enforcement of intellectual property rights.
The Patents Court has handed down its judgment in Smith & Nephew v ConvaTec No.2. Bristows acted for the successful claimant, Smith & Nephew.
Bristows’ Edward Bray has been quoted by Lawyer 2B in its report on starting a career in law without a law degree, ‘Degrees of change: making the conversion to law’.
Bristows partner Fiona Nicolson and associate Christopher Smits appeared in a recent episode of the China Britain Business Council series aired on The Business Channel.
Philip Myers of Eversheds has commented in response to the UK chancellor’s announcement that the rise in business rates will be limited to two per cent.
The British Virgin Islands (BVI) is home to more than 480,000 active business companies. This article considers the benefits of using a BVI company for an IPO.
Following the publication of the results of its alcohol strategy consultation, the Home Office has announced the steps it will be taking in delivering the government’s Alcohol Strategy.
The court has confirmed that, where the negotiations are complex, a contract can be made in two jurisdictions.
For the first time, capital rules will apply through a single piece of legislation to all EU banks and investment firms.
Careworkers should be paid the national minimum wage for every hour of a sleep-in, even when they are asleep download
This is what the Employment Appeal Tribunal has decided in the recent case of Mrs J Whittlestone v BJP Home Support Ltd.
Catalogue of investment projects subject to government verifications overhauls Chinese outbound investment regulatory regime download
The State Council promulgated on 2 December 2013 the Catalogue of Investment Projects Subject to Governmental Verifications (2013).
The Cayman Islands and the US have signed the long-anticipated FATCA Model 1 inter-governmental agreement.
On 29 November, the US and the Cayman Islands signed a ‘Model 1’ intergovernmental agreement on FATCA.
The Cayman Islands Monetary Authority has produced the Statement of Guidance on Corporate Governance for Mutual Funds.
E-commerce businesses should take a look at the discussion of MFN clauses in the Competition Commission’s Provisional Findings Report in its private motor insurance investigation.
The Chambers UK Bar Guide has ranked No5 Chambers in 15 practice areas.
Under the new annual return regime, registered charities will be obliged to provide additional key information to the European Commission.
The government has issued a response to its consultation on the administration of shared parental leave and pay.
The Fair Work Commission’s new workplace bullying regime commences 1 January 2014 — employers be prepared.
HMRC has updated Notice 700/56 (the Notice), sections 2 and 17 of which refer to LPA receivers.
The BBC case serves to highlight the importance of a charity’s independence.
Although charities will want to work with commissioners, there are some issues for charities to keep in mind.
The Cabinet Office has published a consultation on extending the Charity Commission’s powers to tackle abuse in charities.
While a fall in charitable donations will certainly have posed a threat to a number of charities, reports suggest many are adapting by becoming more self-sustainable.
With the right technology, in-house counsel can more proactively manage legal risk, reduce the cost of legal services and improve productivity.
S Chelvan, barrister at No5 Chambers, has provided training in Stockholm on his ‘Difference, Stigma, Shame and Harm’ model for analysing and determining LGBTI asylum claims.
Early indications are that the free-trade zone will liberalise foreign investment into China, particularly in the financial services sector, and not just in Shanghai.
China’s eagerly anticipated amendments to its Trademark Law will come into force on 1 May 2014
With increasing internet penetration throughout the country, the e-commerce industry, like other industries in China, is growing at a swift pace.
The VAT pilot programme (initially launched in Shanghai on 1 January 2012) provides for VAT exemption for certain qualified cross-border services that are rendered by a service provider in China to an overseas service recipient.
CIMA has published a statement of guidance that applies to investment funds regulated under the Mutual Funds Law of the Cayman Islands.
On 12 December, the Court of Justice of the European Union (CJEU) delivered three important rulings on supplementary protection certificates under Regulation 469/2009/EC.
Former employees of Back Office who had set up a rival payroll services firm settled claims for breach of fiduciary duty, breach of covenant and unlawful conspiracy.
Class Action — Q4 2013 download
Welcome to the Q4 2013 issue of Class Action, the final issue before the release of the Year In Review report.
Cloud computing: key telecommunication regulatory issues for foreign service providers in China download
This briefing discusses key telecommunication regulatory issues for foreign companies that want to provide cloud computing services in China.
Collyer Bristow defamation and reputation management partner Dominic Crossley was recently interviewed on This Morning.
The Court of Appeal has ruled in Virgin Atlantic Airways v Jet Airlines (India) & Zodiac Seats UK and others that the English courts cannot go behind the EPO’s decision to grant a European patent.
The termination of a long-time employee of the Department of Defence was unfair, even though his conduct in sending pornographic emails was a valid reason for dismissal.
The Competition Commission has been concerned about the lack of competition in the audit market for some time.
The assistant treasurer was quizzed recently about the timetable for his Future of Financial Advice changes.
Nowe Centrum Lodzi has selected the offer of a consortium including Wierzbowski Eversheds for the co-ordinating concept for development of the Special Culture Zone.
This guide examines the recent reform of e-disclosure obligations introduced to tackle the demands of modern business disputes and offers tips to help you stay ahead of the game.
The government is currently undertaking the most extensive reform of consumer law in years.
These days, it seems as if every passing week brings with it a new story in the press about the legal risks of engaging with social media.
Confusion and mistakes can arise when one of the contracting parties is part of a corporate group.
The doctrine of marshalling could be excluded by contract but the contract would have to be one between the two creditors not the relevant obligors and one such creditor.
Conyers has provided Bermuda law advice to Aircastle in connection with a joint venture to invest in leased aircraft with an affiliate of Ontario Teachers’ Pension Plan.
Conyers has provided Bermuda law advice to Arch Capital Group in connection with the offering of $500m aggregate principal amount of 5.144 per cent senior notes due 2043.
Conyers Dill & Pearman has advised Barclays Capital, Citigroup Global Markets and Wells Fargo Securities on a $400m offering by Energy XXI (Bermuda).
Conyers Dill & Pearman has provided Cayman Islands advice to Cayman Hotel Holdings pertaining to the $130m refinancing of the Ritz-Carlton Grand Cayman property.
Conyers Dill & Pearman has acted for Turbine Engines Securitization in relation to a pool of 32 aircraft engines and the issuance of fixed-rate notes and an e-certificate.
Conyers Dill & Pearman has advised Kofax on a corporate restructuring by way of a scheme of arrangement under the UK Companies Act 2006 between Kofax and its shareholders.
Conyers has hired Zoe Hanson, who has worked in the trust and corporate management services industry in Bermuda for 10 years, to its Bermuda private client and trust practice.
Conyers Dill & Pearman has provided Bermuda law advice to Maiden Holdings in connection with the offering by its wholly owned US holding company.
Conyers Dill & Pearman’s Bermuda office has banded together to donate more than $37,000 to the Bermuda Red Cross in support of the Typhoon Haiyan Appeal.
Conyers Dill & Pearman has announced that Christopher Page has relocated to the firm’s Singapore office to further support the expansion of its practice in Asia.
Conyers has advised BW LPG on the Bermuda law aspects of its initial public offering and listing on the Oslo Stock Exchange in November 2013.
Conyers Dill & Pearman has been named among the leading law firms in Bermuda, the British Virgin Islands and the Cayman Islands.
Conyers Dill & Pearman has advised Aircastle on the offering of $400m aggregate principal amount of its 4.625 per cent senior notes due 2018.
1 November 2013 saw the Copyright and Duration of Rights in Performance Regulation 2013 come into force…
On 26 November 2013, advocate general Cruz Villalòn of the European Court of Justice issued his opinion in case C-314/12 UPC Telekabel Wien.
A KPMG survey indicates that while many large companies acknowledge corporate responsibility risks, their executives are not incentivised to manage these effectively.
The European parliament, European Commission and Cabinet Office have revealed the latest plans for EU adoption and UK implementation of the new EU Procurement Directives.
Court carves $770k from lawyers’ costs in GPT class action; applicant keeps $40k bonus from funder download
In November, the Federal Court approved $8.5m for costs and disbursements of the GPT class action, some $770k less than had originally been claimed by Slater & Gordon.
A tribunal decision that required a committed Christian to work on a Sunday on an occasional basis in accordance with her contract of employment did not discriminate against her.
Hogan Lovells has recruited Antonin Lévy, a partner dedicated to white-collar criminal defence, to its litigation practice in Paris.
Cross-border derivatives disputes: ISDA Arbitration Guide 2013 model clauses offer more certainty download
The 2013 International Swaps and Derivatives Association (ISDA) Arbitration Guide has been published following a two-year consultation with ISDA members.
This is an important decision that is helpful to administrators wishing to cut costs to avoid closure of a business pending its sale as a going concern.
Allen & Overy, on behalf of the Republic of Cuba, is challenging Australia’s Tobacco Plain Packaging Act 2011 legislation.
Cup Trust appeal fails download
Mountstar had appealed to the High Court over the European Commission’s decision to open a statutory inquiry into the Cup Trust.
Paula Barrett of Eversheds believes that cybersecurity ‘remains a global threat for businesses’.
Xu Yongqian of Dacheng has signed a three-year-term strategic co-operation framework agreement on behalf of Dacheng with CASME.
A team of attorneys from Dacheng recently gave lectures on anti-bribery and anti-corruption for Stryker Corporation.
Dacheng has topped Asian Legal Business’s Asia Top 50 and China Domestic Top 20 Largest Law Firms lists
Partner Cao Qi will advise the government of Jinshan District, Shanghai, on matters related to corporate restructuring and listing.
At the second meeting of the 13th CPPCC of Putuo District, Dacheng senior partner Shang Jiangang submitted a proposal on subsidising listed companies on the SEE.
Dacheng’s Nantong office was one of 15 units from the judiciary and administrative system to have recently been named a 2012 Youth Model Unit of Jiangsu.
On 3 December 2013, Anhui Lawyers Association named Wang Yongping, senior partner from Dacheng’s Hefei office, as one of the outstanding lawyers of Anhui Province.
Dacheng chairman Peng Xuefeg recently embarked upon a speaking tour of Europe, which took in a range of nations including Spain, Portugal and Romania.
Addleshaw Goddard has released its Data & Information E-Alert for 15 November 2013.
Addleshaw Goddard has released the 20 December 2013 issue of its Data & Information E-Alerts publication.
Addleshaw Goddard has released its Data & Information E-Alerts publication for 6 December 2013.
Addleshaw Goddard has released the 22 November 2013 edition of its Data and Information E-Alerts briefing.
George Osborne announced in his Autumn Statement that the government will introduce a climate change agreement for the UK data centre sector by the end of 2013.
Data protection news update — Europe download
In this briefing, Taylor Wessing focuses on European data protection news and updates.
Taylor Wessing looks at the latest news and updates in the data protection and information technology sectors.
In December, the DC Council unanimously passed a bill that would incrementally increase the minimum wage in the district to $11.50 by 2016.
November saw the Pensions Regulator Code on the governance and administration of occupational defined contribution (DC) trust-based pension schemes come into force.
The issue in Gallop v Newport City Council was ‘what is required for an employer to have knowledge of an employee’s disability?’
The FRC announced that it has granted Deloitte partial permission to appeal the decision of the independent Disciplinary Tribunal relating MG Rover Group (the tribunal).
Dementia sufferers set to triple download
This week sees the G8 Dementia Summit take place in London. Politicians, researchers, drug companies and charities will discuss what can be done to tackle the condition.
In P and Q v Surrey County Council & Others, the Court of Appeal approved Parker J’s suggested new ‘relative normality’ test for assessing whether or not someone was being deprived of their liberty.
The developer of Minter Ellison’s BoardTrac app has been named in the top 20 in Deloitte’s Fast 500 Asia-Pacific list of the fastest-growing companies in 2013.
A recent case has underlined the importance of a regular review of founding documents to ensure that those documents continue to meet your not-for-profit organisation’s objectives.
Alan Dickson, head of Conyers Dill & Pearman’s Singapore office, has discussed why offshore jurisdictions are here to stay despite the rise in midshore markets.
Directors cede management powers on the appointment of administrators; however, the ability to cause the company to challenge the validity of appointment is an example of an exception to this rule.
Dismissals of football club employees shortly before sale of the club by the administrator not automatically unfair download
The Court of Appeal has found that dismissals of football club employees shortly before a sale of the club by the administrator were not automatically unfair under Regulation 7 of TUPE 2006.
A new Criminal Procedure Code was enacted in Serbia in October 2013. The code has introduced the new concept of investigative proceedings into the process.
DLA Piper has advised Arsenal Capital Partners and Chromaflo Technologies, a supplier of pigment and chemical dispersions, on the acquisition of CPS Color.
DLA Piper has advised BTG Pactual as arranger and placement agent of a $132.8m project bond offering by Planta de Reserva Fría de Generación de Eten.
DLA Piper has advised Europe Virgin Fund, a private equity fund sponsored by Dragon Capital, on the acquisition of the majority stake in Portmone.com.
DLA Piper has acted for Knightsbridge Student Housing on its acquisition of additional student accommodation comprising of 224 beds in Lincoln.
DLA Piper has advised the shareholders of Garwyn Group Ltd, a specialist liability adjuster, on its acquisition by insurance claims service provider Davies Group Ltd.
DLA Piper has advised NASDAQ-listed HomeAway on its purchase of Stayz Pty, a wholly owned subsidiary of Fairfax Media, for AUD220m.
DLA Piper has advised Safestyle UK, a retailer of PVCu windows and doors for the UK homeowner replacement market, on a £77m placing on London’s AIM market.
DLA Piper has announced that the firm has again been recognised by The Financial Times in its 2013 US Innovative Lawyers report.
DLA Piper has represented EdgeCast Networks in its acquisition by Verizon Digital Media Services. The transaction is expected to close in the first quarter of 2014.
DLA Piper has represented Fibra UNO, Mexico’s first publicly traded REIT, in its debut in the Mexican debt capital markets.
DLA Piper has represented Isola USA Corp in connection with the refinancing of its senior debt and pay-down of other debt.
DLA Piper has won three awards at the Italian TopLegal Awards, held on 25 November in Milan to celebrate excellence in the Italian legal market.
DLA Piper has announced that partner Roy McDonald has been recognised as one of Silicon Valley Business Journal’s ‘40 Under 40’.
The CRC Energy Efficiency Scheme is a UK government initiative to reduce carbon dioxide emissions from organisations meeting certain qualification criteria.
The CRC Energy Efficiency Scheme is a UK government initiative to reduce CO2 emissions from organisations meeting certain qualification criteria.
This briefing includes a capsule review of the relevant provisions of the Dodd-Frank Act that were crafted to enhance corporate responsibility.
The second tranche of draft rules under the Public Governance, Performance and Accountability Act 2013 has been released for consultation by the Department of Finance.
While this agreement is undoubtedly an historic diplomatic coup for the western diplomacy, the interim Geneva deal remains limited.
The European Court of Justice has ruled on the risk of dilution as ground for refusal pursuant to article 8(5) of the regulation number 207/2009 (CTMR).
The application of ETS to commercial aviation activities has been beset with controversy from the outset and had threatened to bring about all-out international trade war.
In mid-November 2013, ASIC released a consultation paper in relation to the relief for employee share schemes from the disclosure (prospectus/PDS) and licensing requirements of the Corporations Act.
The November 2013 edition of the Employee Incentives Alert has been published by Addleshaw Goddard.
The November/December 2013 edition of the Employee Incentives Alert has been published by Addleshaw Goddard.
This collection of briefings covers key employment law developments and will bring you up to date with what is happening both in terms of new legislation and relevant case law.
The good news for employers is that the EAT has confirmed that a minor procedural flaw does not necessarily render a dismissal unfair (Buzolli v Food Partners Ltd).
This year the Court of Appeal confirmed that differences in severance payments on voluntary redundancy between older and younger workers was not unlawful age discrimination.
The EAT has held that the Agency Workers Regulations only apply to workers supplied by a temporary work agency to work temporarily for the end user.
Does the fact that a person is obese mean they are, or could be, ‘disabled’ for the purposes of the Equality Act 2010?
On 8 March 2013, the amount of unpaid parental leave that can be taken per parent, per child, increased from 13 to 18 weeks.
Once again, the long-running saga of how to deal with holiday leave entitlement for those on sick leave featured this year.
There has for some years now been a campaign to include protection against caste discrimination in equality legislation.
This year brought changes to the legislative provisions governing collective redundancy consultation.
We began the year with the final chapter in the long-running series of cases on manifestation of religious belief.
Hopes raised last year of simplifying the required content of compromise agreements have come to nothing; instead we merely got a name change.
Tribunal fees became a reality on 29 July. This is a historic change to the system that has until now been free for end users.
Employment law 2013 review: TUPE download
TUPE reform has long been part of the government’s proposals to cut red tape.
Another area in which the legislative draftsmen have been busy is whistleblowing, a convenient if emotive description of a member of staff reporting malpractice in his or her organisation.
Employment Law Review 2013 download
Addleshaw Goddard takes stock of some of the most important legislative developments and proposals from the year and highlights some key decisions from the courts and tribunals.
The pace of change in employment law shows no signs of abating next year. Addleshaw Goddard reports on the key developments expected in 2014 and beyond.
An office party that goes off the rails is a real source of employee complaints, workers compensation claims, damaged collegial relationships and even litigation.
Pat Treacy of Bristows has commented on competition policy and its relationship with intellectual property following a speech by EU commissioner Almunia.
In this article, Walker Morris considers six of the most important developments in English commercial law to have occurred in 2013.
Lord Dyson, master of the rolls, has sent a clear message that the senior judiciary intend to enforce the new approach to civil justice introduced by the Jackson reforms.
The Court of Appeal has upheld a decision that a voluntary redundancy scheme, which benefited older employees over younger ones, constituted unfavourable treatment on the grounds of age.
The government has approved the repeal of the Social Security (Categorisation of Earners) Regulations 1978 to the extent that they relate to entertainers.
The European Commission has called on member states to ensure compliance of their regulatory frameworks for gambling services with the Treaty on the Functioning of the EU.
The council is understood to have agreed a ‘general approach’ and compromise wording in respect of some of the more contested aspects of the draft directive on competition claims.
Europe: CJEU — dedicated meta search engine infringes database rights (Autotrack v Gaspedaal) download
On 19 December 2013, the CJEU rendered an important judgment concerning the interpretation of article 7 of Directive 96/9/EC regarding the legal protection of databases.
It is now a year since agreement was reached to finalise the unitary patent and pan-European patents court — the Unified Patent Court or UPC.
The European Commission has announced a proposal for a Directive on trade secrets and confidential business information.
The European Commission approved with its resolution as of 16 July 2008 the Hungarian film support schemes until 31 December 2013.
The Safe Harbor scheme is of key importance to transatlantic trade.
On 5 November 2013, the European Commission published draft revised guidelines on state aid for rescuing and restructuring firms (non-financial firms) in difficulty.
The European Commission has launched a public consultation in support of its review of the EU copyright regime.
The European Commission has announced its plans to both reshape the simplified merger notification process within the framework of the EUMR.
The European Commission’s new Cinema Communication 2013 broadens the scope of activities in connection with the creation of films and other audio-visual works that may attract state aid in the member states.
The Hong Kong office of Eversheds has advised BOCI Asia in connection with the HKD1.09bn initial public offering (IPO) of Consun Pharmaceutical Group.
Eversheds has advised Guotai Junan as the sole sponsor, global co-ordinator and bookrunner for the China Creative Home Group IPO.
Eversheds has advised Malaysia’s third-largest listed plantation company, Kuala Lumpur Kepong Berhad, on a $21.3m cash offer for Equatorial Palm Oil.
Eversheds has advised Emperor International Holdings, which through its wholly owned subsidiary Big Right Investment issued its inaugural USD listed notes.
Eversheds has advised Milan-based Recordati Spa on the acquisition of 67 per cent of shares in Tunisian pharmaceutical company Opalia Pharma.
Eversheds has advised Southwark council on London’s first district heating system, harnessing energy from waste, to heat 2,500 homes.
Eversheds has appointed Giles Salmond, an indirect tax litigation director at Deloitte, as a partner in its London tax team, where he will lead the VAT disputes and indirect taxes practice.
Eversheds has commented following the UK chancellor’s announcement in the Autumn Statement on further tax incentives for shale gas investments.
Eversheds has elected Paul Smith, a partner and environmental lawyer and litigator at Eversheds, for a four-year term as chairman beginning on 1 May 2014.
Eversheds has announced a tie-up with Mahons Attorneys in South Africa and El Heni in Tunisia.
Kabbani and Bruton of Eversheds have commented following news that the Gulf Cooperation Council has seen record growth in the number of industrial companies and workers.
Eversheds Stockholm has made a donation to Doctors Without Borders to help the victims in the Philippines that typhoon Haiyan affected.
Michelle T Davies, head of Eversheds’ clean energy and sustainability team, has been named as one of the most influential people in the wind energy industry for the second year running.
Munro has commented following the news that India’s upper house of parliament has passed a measure to implement an independent anti-corruption agency, known as a Lokpal.
Parmjit Singh, India trade expert at Eversheds, has commented following news that exports to India have increased by 20 per cent following UK trade delegations to the continent.
Commercial common sense has prevailed after a long trial of Excalibur’s opportunistic claims against Gulf Keystone, with the Commercial Court dismissing all claims against Gulf Keystone.
Expert witnesses often play a very important role in dispute resolution. Their opinion on an issue may be the most important part of a case.
Welcome to the first edition of Explore, DLA Piper’s magazine for the mining sector. Three times a year, the law firm will bring you a selection of insights from its global mining team.
Failing to proceed with due diligence: can this constitute a repudiatory breach of a building contract? download
The Technology and Construction Court examined this issue in two cases and found in each case that it was not a repudiatory breach on the facts of the case.
FATCA’s implementation is now on a tight timeline, and there are steps that must be taken by each CLO Issuer and its Board of Directors in short order.
The FCA has published a Consultation Paper (CP13/17) on the use of dealing commission rules for investment managers.
Clive Adamson, FCA director of supervision, has delivered a speech on what conduct regulation means for authorised foreign banks (AFBs).
The FCA will publish more detailed information on the volumes of approved persons applications for controlled functions that it has received and on which it has taken a decision.
The FCA has published a report summarising its thematic work on outsourcing in the asset management industry.
Pillsbury has published its FCC Enforcement Monitor communication for December 2013.
Debevoise & Plimpton has published its FCPA Update for December 2013. The lead article is ‘Weatherford International enters the FCPA top 10 list with $152.5m in fines and penalties’.
Federal regulators have voted to approve the ‘Volcker Rule’, more than two years after the rule’s proposal in 2011.
Federal Circuit limits ITC authority to remedy patent infringement claims based on induced infringement download
A limited exclusion order under section 337 may not be predicated on a theory of induced infringement when the subject imported product did not directly infringe before or at importation.
Two recent judgments of the Federal Court have highlighted the potential for Australian competition law to affect distribution arrangements between principals and their agents.
The Federal Court has found that the person proposed as representative applicant was not a group member and as such could not represent the class.
Five federal financial regulatory agencies have released final rules implementing Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
In D.R. Horton, Inc. v NLRB, the US Court of Appeals for the Fifth Circuit overturned a controversial NLRB decision regarding class- and collective-action waivers.
Robin Johnson, head of international M&A at Eversheds, has commented following news that M&A in Europe reached a 10-year low in 2013.
Following the October consultation, Briggs LJ published his Final Report on modernising the procedures and practices of the Chancery Division this month.
Five US federal agencies have issued final rules to implement section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Volcker rule).
This alert considers what developments we can expect to see in the year ahead and how this growing movement towards global tax information exchange will affect financial institutions.
This alert focuses on several major measures that are related to outbound investment by Chinese persons and inbound investment in China by foreign investors.
An employee may want to record a conversation in the workplace for any number of reasons.
Sandra Duerden from Mourant Ozannes has written a chapter focusing on Guernsey for the Getting the Deal Through: Right of Publicity publication.
The Supreme Court of New Zealand has set aside the Court of Appeal’s decision regarding the effect of statutory charges on the payment of defence costs by D&O insurers.
Global capital markets: 2013 marked as the year of the ‘come-back’. What’s in store for 2014? download
In the end, 2013 did not disappoint, with resurgence in equity offerings, promising company valuations and greater market liquidity.
Global Data Protection Index download
This is only the second time that the Data Protection Index has featured in Global Intellectual Property Index, yet a number of trends are already apparent from the results.
Global Insight is a digital publication bringing you news, views and analysis from DLA Piper’s global restructuring group.
On 27 November 2013, the Governor’s Office of Business and Economic Development released draft proposed regulations on the recently enacted California Competes Tax Credit.
Google has won the latest battle in its long-running dispute with the US Authors’ Guild over its plan to create a digital library of every book in the world.
Governance News — 10 December 2013 download
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
Governance News — 3 December 2013 download
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
The government has published its response to the consultation on the administration of the new shared parental leave and pay system to be introduced in 2015.
While there is a need to protect the public, there is also scope for the sensitive words and expressions list to be simplified.
Australia’s coalition government has announced that it will make good on its election promises to fix some of the problems of FOFA and more.
Hogan Lovells has detailed the developments expected in employment law in 2014.
The government has announced a series of measures designed to reduce consumers’ energy bills. These include streamlining the Green Deal and some changes to ECO.
The government has announced a series of measures designed to reduce energy bills.
A recent case serves as a reminder to landlords that if there is a surety to the lease they must be consulted in relation to any proposed variations if they are to remain liable for the tenant’s obligations.
On 9 December, the GMG published its sixth annual report on the private equity industry’s conformity with the Guidelines for Disclosure and Transparency in Private Equity.
The claim revolved around the grant of planning permission for a new rugby club and the construction of 200 homes.
Commission accounted, on average, for some 60 per cent of the monthly pay of the claimant in Lock v British Gas Trading Ltd, a sales consultant.
Hogan Lovells has commented following the news that the European Commission has adopted a proposal for a directive to protect trade secrets against misuse by third parties.
Health Alert — 9 December 2013 download
DLA has released its latest health alert, which includes judgments from Australia, New Zealand, the UK, US and Canada, as well as legislation and reports.
Health Alert — 17 December 2013 download
DLA Piper has released the 17 December 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Health Alert — 2 December 2013 download
DLA Piper has released the 2 December 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Mills & Reeve has released the December edition of its Health Legal Update.
Cross-border investment and M&A between China and Europe in the clean energy sector was quiet in 2013.
The Australian High Court has delivered its first judgment that directly considers the patentability of methods of medical treatment.
The High Court has confirmed that the NPPF did not change substance of planning policy and clarifies what information must be advertised for EIA.
The recent case Feltham v Bouskell  EWHC 3086 (Ch) is one of the first to consider the additional sanction under CPR 36.14(3)(d).
High Court decides: liquidators of insolvent landlords can disclaim leases with the effect of extinguishing the tenant’s leasehold interest download
In Willmott Growers Group Inc v Willmott Forests Limited, the majority of the High Court upheld the Victorian Court of Appeal’s conclusion that the liquidators of an insolvent landlord can disclaim a lease.
The High Court has granted an interim injunction to enforce a garden leave clause in a stockbroker’s employment contract, so as to force him to stay at home for the duration of his 12-month notice period.
The High Court has confirmed that the liquidators of a landlord can disclaim a lease, with the effect of terminating the tenant’s leasehold estate or interests in the land.
The energy reform proposed by Mexico’s Peña Nieto administration has been approved by the Mexican Congress and by a majority of the Mexican state legislatures.
Hogan Lovells has advised Advent International on the sale of Oxea, a global manufacturer of Oxo chemicals.
Hogan Lovells has advised the Alstom-Drax-BOC consortium, Capture Power, on the FEED contract awarded to the White Rose carbon capture and storage project.
Hogan Lovells has advised EDF in relation to the issue of green bonds for a total value of €1.4bn (£1.2bn) — the first green bond ever issued by a corporate.
Hogan Lovells has advised EDF in relation to the sale of its minority stake of 49 per cent in SSE to EPH.
Hogan Lovells has advised Japanese companies Mitsubishi Corporation and GS Yuasa International on the formation of a joint venture with Robert Bosch.
Hogan Lovells has advised MOL Group on its agreement to acquire the entire issued share capital of Wintershall (UK North Sea) for a base consideration of $375m.
Hogan Lovells has successfully advised on two capital markets transactions for a combined value of more than $355m.
A cross-border team from Hogan Lovells has advised PDVSA in its $1bn loan transaction from Gazprombank.
Hogan Lovells has advised the Shah Deniz Consortium as project counsel for the Stage 2 development of the Shah Deniz gas field in the Caspian Sea.
New York Court of Appeals quashes subpoena calling for journalist to reveal confidential sources.
Hogan Lovells has appointed London partner Tom Whelan to serve as global co-head of private equity from 1 January 2014 alongside Jeffrey Hurlburt.
Hogan Lovells’ pro bono team has achieved a significant victory in a Fair Housing case.
Hogan Lovells has announced that the firm has relocated its Silicon Valley office from Palo Alto to a larger newly designed office in Menlo Park.
Hogan Lovells partner Mark Sterling has accepted a fellowship with the Harvard Advanced Leadership Initiative beginning in January 2014
Hogan Lovells has announced that the Daily Business Review has presented the firm with its Most Effective Lawyer Award in the Pro Bono category.
Hogan Lovells has successfully represented Facebook in its efforts to suspend the ‘.facebok.pw’ domain name, using a new legal rights mechanism called URS.
Planning reforms introduced by the coalition government have fallen significantly short of expectations, according to planning industry experts surveyed by Hogan Lovells.
Hogan Lovells has advised BTA Bank in a fraud case that saw the English High Court grant a further judgment in favour of BTA Bank against Mukhtar Ablyazov for $400m.
Hogan Lovells’ Johannesburg office has achieved a level-two BEE accreditation — the only major South African law firm to achieve such a high rating.
In Neal v Freightliner Ltd, the Employment Tribunal looked at the payment of overtime during a worker’s statutory holiday leave.
The rules surrounding the calculation of holiday pay are notoriously complex and have resulted in a number of claims before the Employment Tribunal.
The EAT has held that an employee’s self-diagnosis is not necessarily conclusive.
The answer, following the Privy Council decision in Caribbean Steel Company Ltd v Price Waterhouse (a Firm)  UKPC 18, is very fundamental.
How to avoid the bonus cap — FCA update for investment firms that may qualify to remain under BIRPU rules from 1 January 2014 download
The FCA has published a webpage for investment firms that may qualify to remain under BIRPU rules from 1 January 2014.
A recent ruling has held that the enforcement of claims by an insolvent claimant in arbitration is contradictory to the aims of the insolvency proceedings and to a creditor’s interests.
The Court of Appeal recently penalised a party in costs for ignoring an invitation to mediate. The claimant had a £1.9m dilapidations claim against the defendant.
A refusal to engage in ADR could amount to unreasonable conduct and expose a party to cost penalties.
The authors analyse two decisions by the US Supreme Court that narrow the circumstances under which employers can be held liable for retaliation or harassment claims under Title VII of the Civil Rights Act of 1964.
On 27 November 2013, the New South Wales parliament passed the Motor Dealers and Repairers Act 2013 (NSW).
The tax deduction for advertising expenses has clearly become a target for Congressional tax reformers.
The third edition of Best Lawyers in the UK has recognised 21 Ince & Co lawyers, with firm representation in the commodities, insurance, litigation and shipping categories.
Ince & Co’s London-based commodities, shipping and commercial disputes specialist Stuart Shepherd has succeeded Steven Fox as the firm’s global head of trade.
At the Lloyd’s List Asia Awards 2013, Ince & Co Hong Kong won the Deal of the Year award for its work involving financing container vessels.
Jonathan Elvey, head of Ince & Co’s Piraeus office in Greece, will be returning to the firm’s London office.
Further to Walker Morris’s Energy Update last month, there have been a number of recent announcements worthy of note.
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on advertising.
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on speeches, the BBA event and more.
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on consumer credit.
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on current accounts.
InCredit — December 2013: insurance download
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on insurance.
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on market news.
InCredit — December 2013: mortgages download
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on mortgages.
Addleshaw Goddard has released the November 2013 edition of InCredit. This section focuses on advertising.
Addleshaw Goddard has released the November 2013 edition of InCredit. This section focuses on consumer credit.
Addleshaw Goddard has released the November 2013 edition of InCredit. This section focuses on current accounts.
InCredit — November 2013: insurance download
Addleshaw Goddard has released the November 2013 edition of InCredit. This section focuses on insurance.
InCredit — November 2013: mortgages download
Addleshaw Goddard has released the November 2013 edition of InCredit. This section focuses on mortgages.
Independent Whistleblowing Commission publishes report on whistleblowing framework and recommendations for reform download
The report makes a total of 25 recommendations for reform of the whistleblowing framework — Addleshaw Goddard reports on some of the key recommendations in this briefing.
Individual imprisonment download
There has been a 400 per cent increase in prosecutions of directors and managers under section 37 of the Health and Safety at Work Act 1974 over the past five years.
InShort — 12 December 2013 download
Addleshaw Goddard has released the latest version of InShort, which provides updates on legal news relating to the banking and finance sectors.
Taylor Wessing’s Insurance and Reinsurance Review summarises the key case law developments in insurance and reinsurance throughout 2013.
Addleshaw Goddard has released this month’s round-up of developments affecting the insurance industry.
Addleshaw Goddard has released the November 2013 edition of InSure. This section focuses on data protection.
InSure — November 2013: enforcement download
Addleshaw Goddard has released the November 2013 edition of InSure. This section focuses on enforcement.
Addleshaw Goddard has released the November 2013 edition of InSure. This section is a general update.
Addleshaw Goddard has released the November 2013 edition of InSure. This section focuses on new legislation and consultations.
Addleshaw Goddard has released the November 2013 edition of InSure. This section focuses on regulatory developments.
Addleshaw Goddard has released the November 2013 edition of InSure. This section focuses on spotlight articles.
DLA Piper has released the latest issue of its Intellectual Property and Technology News, which includes a piece on Delaware and the final instalment of Trade Dress Watch.
The Intellectual Property Bill was introduced in May 2013 and should become law in 2014.
In this briefing, Taylor Wessing looks at the termination process for senior executives in various countries.
A summary of some of the transactions the RCR lawyers of Taylor Wessing have been involved in.
The relief is available at the discretion of the relevant local authority under the powers granted to it at section 47 of the Local Government Finance Act 1988.
InVest — December 2013 download
Addleshaw Goddard has released the December 2013 issue of InVest, a round-up of developments affecting banks, wealth managers, brokers and funds.
InVest — November 2013: banking download
Addleshaw Goddard has released its InVest publication for November 2013. This section focuses on banking. InVest is a monthly round-up of developments affecting investment banks, wealth and asset managers, brokers and funds. This section focuses on banking…
Addleshaw Goddard has released the November 2013 edition of InVest. This section focuses on enforcement and financial crime.
Addleshaw Goddard has released the November 2013 edition of InVest. This section focuses on investment and funds.
InVest — November 2013: market news download
Addleshaw Goddard has released the November 2013 edition of InVest. This section focuses on market news.
In order to encourage investment in low-carbon technologies and reduce the UK’s carbon emissions, the government is aware of the need to provide predictable revenue streams to investors.
IRS proposes changes to Competent Authority and APA procedures: comments requested by 20 March 2014 download
The IRS has published for comment two draft revenue procedures that change the existing process for US taxpayers requesting Competent Authority relief.
The European Commission is calling for European Union member states to introduce an injunctive and compensatory collective redress mechanism to their national procedural rules by 26 July 2015.
The Public Interest Disclosure Act 2013 (Cth), which establishes a new public interest disclosure scheme for the Commonwealth public sector, comes into force in January.
It is not outside the scope of reasonable adjustments to require an employer to fund private medical treatment download
The decision by the Employment Appeal Tribunal in Croft Vets v Butcher may be surprising and even alarming to employers.
The Italian DPA has issued a decision introducing more stringent obligations for the transfer of data to call centres located in countries outside of the EU.
Ben Jones, a principal associate in Eversheds’ tax team, has been interviewed on Bloomberg Television.
Karanovic & Nikolic have been shortlisted by The Lawyer magazine for Law Firm of the Year — Eastern Europe and the Balkans.
Datacert’s checklist provides the key criteria you need to know in order to select the right technology to help you protect your brand and reputation while sustaining a state of compliance.
Datacert’s checklist provides a smart list of what to know when considering a legal management technology solution.
Following Prof Löfstedt’s review of health and safety legislation in the UK, a number of changes were introduced to address some of the concerns that had been identified.
Each EU member state has different mandatory legal requirements protecting players, and these requirements generally apply to the terms that games businesses enter into with them.
King & Wood Mallesons has acted for a syndicate of five international and domestic banks on the $450m refinancing of Collgar Wind Farm.
King & Wood Mallesons has advised Catalyst Investment Managers on the sale of its outside broadcast and studios business Global Television to NEP Group.
King & Wood Mallesons has advised Haier Electronics on a strategic investment agreement with Alibaba Group.
The law firm’s commercial team has won an award for its advice to Universal on the reorganisation of EMI.
Kings Chambers has partnered with Manchester University law school.
Martin Carter from Kings Chambers has defended the refusal of planning permission for a six-turbine wind farm.
Kings Chambers has released the latest edition of Highway Law — a well-established practitioner text on all aspects of the law governing highways.
Kings Chambers’ Sam Karim has spoken at the EHFCN workshop on cross-border data sharing and data protection, which was held in Brussels on 6 December 2013.
Kings Chambers has announced its chosen Christmas charity this year: the Wood Street Mission Christmas Project.
Anthony Crean QC led a team that has successfully secured planning permission at appeal for 85 dwellings in Banbury Road, Deddington, Oxfordshire.
The Supreme Court has granted permission to appeal in the case, which concerns the registration of an area of beach known as West Beach in Newhaven, East Sussex.
KPMG International has announced record-high aggregated revenues of $23.42bn for the fiscal year ended 30 September 2013.
KPMG is perceived as having the strongest capabilities of any provider in the global sustainability assurance marketplace, according to the latest Green Quadrant report from Verdantix.
Semiconductor business leaders see less momentum today for a sustained industry recovery in 2014 than a year ago.
KPMG’s Larry Bradley believes that the IAASB’s proposals are an important first step towards better meeting the needs of users who want more insight into audits than is currently possible.
King and Wood Mallesons (KWM) has assisted in the financing aspects of Paxus’s acquisition of Labour Solutions Australia (LSA).
Lawyer 2B is the leading dedicated news-led magazine and website for aspiring lawyers, solicitors or barristers.
Dacheng partner Dai Jianmin, from the firm’s Shanghai international practice, has been awarded 2013 Competition/Antitrust Lawyer of the Year by Lawyer Monthly.
Anthony Korn says statutory framework details ‘must change’ to encourage employees to report wrongdoing.
Legal Notebook: December 2013 download
DLA Piper’s Legal Notebook for December 2013 presents recent cases, headline issues and new legislation.
This is an important interlocutory decision in what some commentators have dubbed the litigation of the decade.
This briefing from Mourant Ozannes focuses on the Hastings-Bass principle in Jersey.
Limited recourse clauses questioned download
The judge’s comments call into question the impact of limited recourse provisions and bankruptcy remoteness.
Litigation partner Steve Immelt has been appointed as CEO of Hogan Lovells. His appointment was confirmed by a partner vote that closed on 16 December.
This article underlines the differences from the law or practice of the UK in three areas that have an impact on the enforcement of claims by creditors and shareholders of Bermuda companies.
The UK’s living wage recently increased by 20p to £7.65 an hour outside of London and by 25p to £8.80 per hour in London. This equates to a pay rise of more than £450 for Londoners working full time.
Ince & Co has announced that Faz Peermohamed and Stephen Askins have been named as category leaders for Law in the Lloyd’s List Top 100 2013.
Loneliness and the elderly download
Loneliness in the UK is a serious problem. Statistics from the Office for National Statistics show that one in 10 people aged 65 or over feel lonely often or always.
Ron Plascow of Mills & Reeve looks back on highlights in the construction and engineering world over the last 12 months.
Arendt & Medernach has released its Luxembourg legal update for December 2013.
Legal treatment of matters related to securing debts (in the old terminology, ‘securing obligations’) will be significantly changed by the new Czech Civil Code effective from 1 January 2014.
The transitional arrangements that will apply once legislative amendments to the overlapping tenure framework are introduced in mid-2014 have been confirmed.
It is a frequent and necessary function of the law to create a balance between competing and conflicting desirable aims.
Managing actual or potential conflicts of interest is essential for every professional.
Yiota Kythreotou, managing partner of Pamboridis, has been appointed as a district court judge.
Mandatory exchange trading for swaps download
Next year, market participants may be required to execute certain interest rate swaps and credit default swaps on a DCM or SEF, rather than entering into such swaps over the counter.
DLA Piper has announced that Mariah DiGrino, an associate in the Chicago office, has been named as outside counsel of the Greater Chicago Food Depository, Chicago’s food bank.
ESMA has published a discussion paper setting out its initial views on the implementing measures it is required to develop under the Market Abuse Regulation.
This first instalment highlights the importance of implementing a legal department management system.
In this final instalment, Thomson Reuters looks at the steps a new general counsel can follow in order to make a significant impact in the legal department.
In this second instalment, Rob Thomas assesses ways of convincing the CFO that new technology can do more than merely provide a return on investment.
Memery Crystal has acted for Gaming Realms on its acquisition of Quick Think Media for a total consideration of approximately £2.2m.
Mills & Reeve has merged with George Davies Solicitors, increasing its national insolvency and recovery team by 50 per cent.
Mills & Reeve has acted for the shareholders of Maynard & Harris Group on the sale of the company to RPC Group for an expected total deal value of £103.5m.
Mills & Reeve has acted for FactSet Research Systems on its strategic acquisition of a majority stake in Matrix-Data.
Mills & Reeve, alongside a number of other law firms, has advised GB Group on the financing of its new hotel development at Portland Crescent.
Mills & Reeve has advised on a deal designed mainly to fund capital investment programmes at 18 Cambridge colleges.
This year, Mills & Reeve has continued its tradition of making donations to charities chosen by each office, rather than sending Christmas cards to clients and suppliers.
Minter Ellison has advised Eagle Downs Coal Management in connection to a drift construction contract for AUD142.8m won by WDS for Eagle Downs’ Hard Coking Coal Project.
The government of Western Australia has signed the Ord Development Agreement with Kimberley Agricultural Investment.
Minter Ellison has advised IAG on its acquisition of the Australian and New Zealand insurance underwriting businesses of Wesfarmers.
Minter Ellison has provided legal advice to TPG, which has entered into a binding sale agreement to acquire 100 per cent of Telecom New Zealand Australia.
Minter Ellison has advised the founding shareholder of Zip Industries on the majority shareholding taken in the company by Quadrant Private Equity.
Minter Ellison has worked with Indigenous Business Australia (IBA) on the establishment of the Indigenous Real-Estate Investment Trust.
This article summarises the key points made by Popplewell J, in the recent case of Madoff Securities International Ltd (in liquidation) v Raven and Others (2013).
DLA Piper’s financial services regulatory team has released the winter 2013 edition of its Money Laundering Bulletin.
Alcohol consumption and night-time leisure activities remain hot topics for journalists and politicians alike.
On 6 November, a Paris court ordered Google to filter out hyperlinks to images of former F1 boss Max Mosley in an allegedly Nazi-themed sadomasochistic orgy.
Mourant Ozannes has advised the Stanley Gibbons Group on the Jersey aspects of its acquisition of Noble Investments (UK).
This paper by Harry Hirst, partner and master mariner at Ince & Co Hong Kong, examines the case against Captain Kulemesin on the narrow channel.
The National Audit Office’s report provided a detailed review of the Gift Aid system, as well as estimates of the amount of tax lost through abuse.
On 4 December 2013, the government published the latest version of the National Infrastructure Plan, which was referred to by the chancellor in his Autumn Statement the following day.
NCTM has advised a pool of banks on a short-term financing to Banca Farmafactoring worth €255m.
NCTM has advised Willis Italia on its acquisition of the corporate branch of DSI Associati, which is currently chaired by Ettore Padrinin.
NCTM has assisted Ferrari in an infringement case before the Italian Supreme Court against an unofficial Ferrari owners’ club that used the Ferrari’s trademarks without authorisation.
NCTM has assisted IBM Italia in the acquisition of ACG, its division dedicated to the development and the distribution of management software, by TeamSystem Group.
In Société des Produits Nestlé SA v Cadbury UK Ltd, the Court of Appeal gave careful consideration to the application of Article 2 of the Trade Marks Directive 2008/95/EC.
The Dutch Ministry of Finance has released a new transfer pricing decree that is already in effect.
KPMG has welcomed the publication of the International Integrated Reporting Council’s integrated reporting framework.
Generic top-level domains appear to the right of the dot in a domain name. Historically, there were only a limited number available, with ‘.com’ being the most common.
The NSW Civil and Administrative Tribunal (NCAT) is expected to commence operation on 1 January 2014.
New PRC Consumer Rights Law fills legal void governing data privacy protections — get ready for 3/15/2014 effective date download
The newly revised Consumer Rights and Interests Protection Law of the PRC is the first revision of China’s old Consumer Rights Law since its promulgation in 1993.
The European Commission has published the revised euro thresholds for the application of the procedures for the award of contracts under the EU public procurement directives.
New year — new Defamation Act download
The new year has brought those of us operating in the field of media law a new act — the Defamation Act 2013 — which came into force on 1 January 2014.
Appointment as a trust special administrator to an NHS trust does not give rise to a power to take any action or make any recommendations in relation to any other NHS trust.
Ninth Circuit eliminates presumption of irreparable injury for plaintiffs seeking preliminary injunctions in trademark cases download
The Ninth Circuit has ruled that a trademark plaintiff must establish a likelihood of irreparable harm to obtain a preliminary injunction in a trademark case.
Is an employer obliged to make reasonable adjustments in respect of an employee who is not herself disabled, but who has caring responsibilities for a disabled person?
Emma Edhem of No5 Chambers has been re-elected as the first female chairman of the Turkish British Chamber of Commerce and Industry (TBCCI) for a second term.
A barrister from No5 Chambers was in the Grand Chamber of the European Court of Human Rights at the end of November, representing his client who wishes the ECHR to recognise that the French ban on wearing full-face veils is discriminatory.
No5 Chambers’ Emma Edhem has received an award from Eduplus in Turkey for leadership in her field.
James Doyle of No5 Chambers has defended James Barber, 31, of Smethwick, who has been cleared of dangerous driving.
Nurton Developments has been granted outline planning permission for ‘Branston Locks’, a new community in Burton.
No5 Chambers’ Timothy Jones and Victoria Hutton have successfully defended planning permission for a Morrison’s supermarket in the face of a judicial review application.
Novation is an important feature of engineering and construction projects — particularly in relation to design and build procurement.
The Athena was a dispute about the meaning of the familiar NYPE off-hire clause (clause 15).
‘Conversion’ consists of an act of deliberately dealing with goods in a manner inconsistent with the owner’s rights to use the goods, thereby depriving the owner of those rights.
In the third quarter of 2013, there were 538 deals announced offshore, with a combined value of $34.5bn.
On the Register — first half, 2013 download
Appleby has released the third edition of On the Register, a report that provides insight about company incorporation activity going on in the major offshore jurisdictions around the globe.
The Court of Appeal has handed down one of the most keenly awaited court judgments of the year in Mitchell MP v News Group Newspapers.
Australia treasurer Joe Hockey has announced the removal of foreign investment conditions placed on Yanzhou in relation to its holding in Yancoal.
The government has just published ‘Small Business: GREAT Ambition’, which sets out the measures it intends to enact to make access to public procurement easier for SMEs.
The Occupational Safety and Health Administration of the US Department of Labor proposed a new rule which will require employers to electronically report injury and illness data on a quarterly basis.
Outer Temple Chambers has hosted the Financial Services Lawyers Association Christmas drinks reception.
David E Grant of Outer Temple Chambers spoke at the recent Annual Winter Trade Finance Conference hosted by the International Chamber of Commerce.
The line between conduct that may be said to have taken place within or outside the workplace is often quite blurry.
Pamboridis has announced that its managing partner, Yiota Kythreotou, has been appointed as a district court judge.
The High Court has ruled that there was no need for Doncaster Pharmaceuticals Group to rebrand its imported products as Regurin in order to gain effective access to the market.
Participation of government contractors in patent infringement actions against the US government download
The recent decision by the US Court of Appeals for the Federal Circuit in the case of In re Uusi LLC et al No 2013-155 may be of interest to companies that sell to the US government.
King & Wood Mallesons has expanded its Western Australia practice with the appointment of energy and resources partner Shaun McRobert.
This is the second of two looks at new measures being introduced by the Revenue to crack down on what it perceives as the use of partnerships for tax avoidance purposes.
Third-Party Risk Management, a module of Passport GRC, helps companies to identify and assess third-party risks across the business.
Choosing the domicile of an investment fund is not an easy task. A fund promoter has to consider the available vehicles, investment strategies and the reputation of the domicile.
Hibbett v The Home Office is another case on the duty to make reasonable adjustments for an employee with a disability.
Penn State fifth interim report download
This is the fifth quarterly report of the independent athletics integrity monitor on Penn State’s progress in implementing the requirements of the Athletics Integrity Agreement.
Pensions Priorities: case — European case may open door to challenge to pension exemptions from anti-age discrimination laws download
For pensions which are inherently age-related, a number of exemptions have been written into the UK enabling legislation.
Pensions Priorities: law reform — change to the statutory definition of ‘money purchase benefits’ download
The regulation surrounding defined benefit pension schemes is immense, and has increased significantly over the last two decades.
Pensions Priorities: law reform — changes provide some flexibility to employers fulfilling their auto-enrolment obligations download
Some key provisions have been taken forward by way of the Automatic Enrolment (Miscellaneous Amendments) Regulations 2013.
Pensions Priorities: law reform — DWP consults on changes to charges in workplace defined-contribution pension arrangements download
The DWP’s consultation on charges in relation to defined-contribution pensions sets out a number of proposals for how charges in relation to such schemes should be dealt with.
Pensions Priorities: law reform — new reporting requirements on directors’ remuneration for UK quoted companies download
Legislation came into force on 1 October 2013 that introduced a new legal framework for reporting on directors’ remuneration.
The government has published a formal consultation document (the DA Consultation) with proposals for a regulatory framework.
Pensions Priorities: other developments — HMRC tightens its procedures to address pensions liberation issues download
The July edition of Pensions Pieces included an article about an issue that continues to dominate much of the pensions press — pensions liberation.
Pensions Priorities: other developments — proposed levy may hit employers, members and insurers download
The European Parliament has proposed that the European Insurance and Occupational Pensions Authority should be funded independently.
Pensions Priorities: other developments — Regulator issues warning regarding employer contributions under DB scheme’s recovery plan download
When an employer leaves a defined-benefit pension scheme, it may be required to pay a debt under section 75 of the Pensions Act 1995.
This edition of snapSHot summarises some of the key legal and regulatory developments that occurred during November in relation to occupational pension schemes.
Pensions Update — December 2013 download
Nabarro has published its Pensions Update for December 2013. The publication covers the Autumn Statement, same-sex marriage, lifetime allowance and more.
Judgments handed down from the People’s Court all over the country will be available online from 1 January 2014, as part of the initiative by the Supreme People’s Court of China (SPC) to increase judicial transparency.
The UK Business Select Committee has raised concerns that there is an inconsistency in the proposed UK Consumer Bill Of Rights, regarding the provision of digital content.
Personalised medicine is a very promising and cutting-edge approach that Taylor Wessing recently discussed from a patent law perspective in its Synapse October edition.
On 12 December 2013, the OFT announced that a £380,000 settlement had been agreed in relation to a market sharing cartel involving two pharmaceutical suppliers.
ACAS has published proposals to change its code of practice on disciplinary and grievance procedures as a result of a surprise EAT decision earlier this year.
An issue that comes up fairly regularly in redundancy selection is whether employers must consider all employees in similar roles or whether they can opt for a ‘pool of one’.
Pillsbury partner Bill Atkins, who works in litigation/intellectual property, is the co-editor of the third edition of the Patent Litigation Strategies Handbook.
The Practising Law Institute has released the 29th semi-annual supplement to Likelihood of Confusion in Trademark Law by Pillsbury’s Richard Kirkpatrick.
Andrew Herring, partner at Eversheds, has commented following the unveiling of the UK government’s new plans for infrastructure spending.
Siena Group has been advised by Popovici Ni?u & Asocia?ii on taking entire control of Iasi City Center SA.
A few recent cases have thrown the spotlight onto a sometimes forgotten factor in possession proceedings.
Press regulation charter approved by Queen after Court of Appeal rejects newspapers’ attempts to block its sanction download
A royal charter representing a landmark reform of press regulation was approved by the Queen on 30 October 2013.
What you think you know about data privacy in Australia and overseas may just be wrong. This ‘top 10’ fact sheet dispels some common misconceptions about privacy.
CRC was first put into operation in the UK on 1 April 2010. It is a mandatory scheme, aimed at large public and private sector organisations.
A draft of the latest set of amendments to the CIL Regulations 2010 has been laid before Parliament. Wragge & Co lists a few of the proposed changes.
If you are affected by phase one of HS2, you should be examining the bill and the environmental statement now.
Here is another case involving a tenant who stayed on in commercial premises after a ‘contracted-out’ lease had expired. But, unusually, it was the tenant who got caught out by the consequences.
If a buyer is being induced to enter into a property transaction because of something which the seller has said or done, be sure to confirm the particular issue in writing.
Protective costs orders (PCOs) are a mechanism whereby the court can impose a limit on the actual or potential costs liability of a party.
A date has been set for the appeal, by a group of landlords, in relation to unpaid rent following the collapse into administration of the Game group of companies last year.
The Court of Appeal has had to consider the amount of damages payable in relation to air conditioning equipment placed, without permission, on a roof.
The Department for Culture, Media & Sport has opened a consultation regarding the proposed rate per loan of the Public Lending Right for 2014.
Queensland recently brought an interlocutory application seeking a declaration that its laws were valid until a court finally determined otherwise.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on apps.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on communications.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on cyber security.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on data protection.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on intellectual property.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on intermediary liability.
Taylor Wessing has published its Radar: Technology & Communications Update for December 2013. This section focuses on media and social media.
The court determined a number of issues about the nature and effect of a policy of professional liability insurance.
Michael Rawlinson QC of Kings Chambers was instructed to admit breach of duty but deny causation on a novel basis in A v Avalon Solicitors.
Aidan Reay joined Chambers in September 2013 following completion of his pupillage with Andrew Grantham and Mark Harper and is developing a practice in the fields of commercial and chancery law.
Recent Australian privacy reforms will significantly affect offshore share incentives for Australian employees download
The changes to the Privacy Act 1988 (Cth) significantly increase the obligations imposed on an offshore parent or related entity that collects or deals with personal information from Australian employees.
This short article surveys some key news from Pierre Tallot who heads up the Taylor Wessing RCR practice in France.
Unlike any of the other jurisdictions in which Appleby operates, the BVI is unique in having implemented, but not brought into force, the UNCITRAL Model Law.
Ms Chaloner was employed by Somerset Council as deputy director of Dillington House, an adult education and conference centre owned and run by the council.
Any party to a construction contract has a statutory right to refer ‘a dispute’ to adjudication by virtue of s.108(1) of the Housing Grants, Construction and Regeneration Act 1996 (as amended).
The Düsseldorf Court of Appeal has referred questions to the CJEU on whether the supply of patent-protected substances by a third party to a generic company is covered by the Bolar exemption.
The Fair Work Commission has found in favour of an employer in a dispute about a flexible working arrangement.
Remedies for breach of contract: Scottish courts will enforce payment and performance, not just damages download
If one party to a contract threatens not to perform their obligations, the innocent party has different options depending on whether they are able to raise court proceedings north or south of the border.
The current position is that rent and service charges payable in advance and which fall due before the appointment of an administrator are not considered an expense of the administration.
The NAO has issued a report examining how HMRC monitors and evaluates the effectiveness of Gift Aid reliefs, and how it tries to deal with tax avoidance, fraud and error in relation to tax reliefs on donations.
Eversheds has commented on the latest industrial trends survey from the CBI.
There is substantial scope to improve Australia’s major project approvals processes, according to the Productivity Commission’s December 2013 research report.
The Fair Work Commission has held that a fixed-term employee sacked before the specified end date in her contract was entitled to pursue remedies for unfair dismissal.
While most will eagerly anticipate the gifts the festive season will bring, this time of year can be treacherous for tenants and landlords alike.
The Technology and Construction Court has found that a letter could constitute a valid notice notifying a breach even if it did not expressly refer to the relevant contractual provisions.
The US SEC has released long-awaited proposed rules under the crowd-funding provisions of the Jumpstart Our Business Startups Act of 2012.
Foreign entities seeking recognition under Chapter 15 of the Bankruptcy Code must have a residence, domicile, place of business or assets in the US.
Richard Matthews of Eversheds has said that the sentencing of Jean-Claude Mas for his role in the PIP breast implant saga represents a ‘significant milestone’.
AUSTRAC and the Commonwealth Attorney-General’s Department have released an issues paper as part of a post-implementation review of Australia’s AML/CTF regime.
SFO spotlight on construction sector download
The construction sector has recently come under the spotlight following comments made by the Director of the Serious Fraud Office.
The government has confirmed that it will introduce a new system of shared parental leave by April 2015.
Audrey Williams, partner at Eversheds, has said that shared parental leave will require careful management by employers and employees.
Record fines and unprecedented investigations into bribery and competition violations signal a clear message to multinational firms to re-evaluate how they do business in China.
The money raised will enable the children’s charity to employ two specialist workers to tackle child sexual exploitation.
Shoosmiths has hired Simon Edwards to its national commercial team, who has extensive commercial contracts expertise and specific experience in a number of sectors.
Shoosmiths has appointed senior associate Neil Gosling.
Shoosmiths’ Recoveries Services Group (RSG) has won Mortgage Finance Gazette’s Customer Service/Treating Customers Fairly award for the second year running.
Nominet, the UK’s registry operator, has announced that, from summer 2014, shorter .uk domain names will be made available for registration.
In March 2013 the European Commission consulted on proposals to simplify procedures under the EU merger regulation.
The government has acted on its plan to revoke site waste management plans in England, with effect from the 1 December 2013.
In the recently released edition of The International Who’s Who of Aviation Lawyers, Who’s Who Legal has recognised six Conyers lawyers as leaders in the field.
The Criminal Court number 4 of Castellón has sentenced a peer-to-peer file sharing webmaster to 18 months’ imprisonment for a continued offence against IP rights.
Stephenson Harwood has advised new client Kalibrate Technologies on its placing and admission to trading on the AIM market of the London Stock Exchange.
Stephenson Harwood has advised CSE-Global on the sale of one of its wholly owned subsidiaries, Servelec Group, for £122m.
The decision of the Supreme Court in London in the divorce proceedings of Prest v Petrodel Resources Ltd and Others was awaited with eager anticipation.
Stress at work download
The effect of stress at the workplace has long been considered a taboo subject and one that people have been reluctant to address.
There is an implied term allowing a paying responding party under an adjudication award six years from the date of payment to challenge the adjudicator’s decision.
Supreme Court Corner: Q4 2013 download
DLA Piper has released the fourth-quarter (Q4) edition of its Supreme Court Corner publication, which considers Petrella v Metro-Goldwyn-Mayer Inc among other cases.
IVASS has launched a survey on the sale of insurance policies (typically in the form of group policies) in conjunction with non-insurance products or services.
The government continues to deliberate over how to implement the proposed rules on sustainable urban drainage systems (SuDS).
Tax Newsletter — November 2013 download
Jinga Maravela has released the November edition of its Tax Newsletter, which sets out in chronological order the main tax news/amendments published in the period 1—30 November 2013.
Tax Newsletter — October 2013 download
Jinga Maravela has released the October issue of its Tax Newsletter, which includes amendments to the content of Form 100 and clarifications on the additional taxation for management severance payments.
Tax Newsletter — September 2013 download
Jinga Maravela has released the September issue of its Tax Newsletter, which includes amendments to the Fiscal Procedural Code and amendments to the contributions due to the Environmental Fund.
Taylor Wessing has advised PA Group on the sale of its full-service weather business, MeteoGroup, to General Atlantic.
The latest instalment of ‘All-Consuming Legal Insights’, Taylor Wessing’s new video series, focuses on changes to consumer rights in the UK.
This second instalment of ‘All Consuming Legal Insights’, Taylor Wessing’s new video series, focuses on protecting your business.
Over the last few years, major power projects such as offshore wind and nuclear new build have increasingly been procured on a multi-contract basis. With this in mind, here are ten things that a developer should be aware of when drafting and negotiating contracts for a multi-contract project.
Tenancy of Shops Act in Scotland download
Unlike the position in England, in Scotland there is virtually no statutory protection for a commercial tenant at the expiry of their lease.
Test for constructive dismissal download
The EAT has emphasised the correct test for determining whether an employee has resigned in response to fundamental breaches by his or her employer.
The 12 cases of 2013 download
As Christmas approaches and another year draws to a close, Charles Rae of Shoosmiths looks back at some of the most notable cases of 2013.
DLA Piper has been instructed to act on a number of cases for a non-EU carrier that test the scope of EC Regulation 261/2004 in respect of missed flight connections outside the EU.
The Cayman Islands and US governments have entered into an agreement paving the way for the automatic exchange of tax information under FATCA.
We are now at the end of dispute resolution week (DR) promoting #keepingitoutofcourt.
The dilemma of delayed completion download
If a buyer fails to complete on the completion date, this will amount to a breach of contract.
On 28 November 2013, the Court of Justice of the EU gave judgment in two appeals by the Council of the EU against judgments of the General Court annulling the asset freezes imposed by the Council on two Iranian companies.
The EAT has upheld a decision that ECFRS was not reasonably expected to know (from a legal perspective) that one of its employees was disabled.
The FCA’s chief executive recently gave a speech that focused on conduct and ethics within firms.
DLA Piper has released the latest version (Volume 2, No. 22) of The Financial Report.
This brief provides a condensed summary of the key changes brought about by the Incentives for Job Makers Act 2013.
The Intellectual Property Bill has been working its way through Parliament throughout the summer and autumn and is likely to be enacted in 2014.
The change of name to the Intellectual Property Enterprise Court makes sense. This court deals with intellectual property cases of all kinds, not simply patent cases.
The Intellectual Property Enterprise Court — cost-effective and quick procedure for IP dispute resolution download
The Intellectual Property Enterprise Court (IPEC) (previously called the Patents County Court) now sits as a specialist listing within the Chancery Division of the High Court.
The introduction of compulsory pre-tribunal claim conciliation and forthcoming changes to the transfer of undertakings regulation download
This year saw a raft of changes to employment law being introduced by the coalition government and 2014 will be no different.
The Bribery Act 2013 came into force on 16 December 2013 and it is largely based on the Bribery Act 2010, which came into force on 1 July 2011.
The Italian Supreme Court rules on the use of Ferrari’s trademarks by unofficial owners’ club download
The Italian Supreme Court has overruled the Court of Appeal’s decision that considered legitimate the use of Ferrari trademarks by an unofficial Ferrari owners’ association.
The recent decision of senior judge Lush in the case of Re GM provides a window into the workings of a dysfunctional lay deputyship.
Two challenges to decisions of the secretary of state were heard by Mr Justice Lewis in respect of the ‘Tetbury appeals’.
For companies with a year-end of 31 December, the new remuneration reporting requirements for directors of UK-incorporated listed companies will kick in from 1 January.
Co-head of Pillsbury’s energy industry team, Robert A James, authored this chapter in the publication The Oil and Gas Law Review.
Not many people shed a tear for the players when a club goes into administration. But the players involved in the majority of cases are at the lower level clubs.
A reservation agreement has to be carefully drafted. This briefing from MOLITOR provides guidelines.
The Volcker Rule — an overview download
Federal banking agencies, the Securities and Exchange Commission and the Commodity Futures Trading Commission have adopted final regulations to implement section 13 of the ‘Volcker Rule’.
Emma Edhem, barrister at No5 Chambers, has been interviewed by The Wall Street Journal and The Economist on matters of bilateral trade and investment between Turkey and the UK.
In regulating the pharmaceutical industry, legislators have to balance a number of competing interests.
ThinkHouse podcast — IP and patents, confidential information, online compliance and competition law download
This ThinkHouse podcast from Wragge & Co focuses on intellectual property and patents, confidential information, online compliance and competition law.
Kings Chambers has announced that three of its commercial silks, Paul Chaisty QC, Lesley Anderson QC and David Casement QC, have been ranked in The Chambers Bar 100 UK Bar.
Part II provides an overview of the procurement process and what Japan is likely to expect from tenderers from commercial, compliance and cultural perspectives.
Thomson Reuters provides a list of the top ways that will help both you and your legal department integrate with your company to function more like a business unit.
Tougher product liability provisions following the release of long-awaited amendments to consumer rights and interests protection law in China download
The rise of consumerism in China over the past 10 years has spurred greater regulatory enforcement in the area of product liability.
The Growth and Infrastructure Act 2013 amended the Commons Act 2006 to prevent registration of land as a town or village green once a ‘trigger event’ occurs.
Can a product that imitates the look and feel of another product, but does not use the trademarked brand name, still be considered a ‘counterfeit’ product under US law?
In a surprising move, treasurer Hockey has ruled against the proposed acquisition by US company Archer Daniel Midland (ADM) of Graincorp Limited (Graincorp).
The Tribunal has upheld the FCA’s decision to fine Westwood Independent Financial Planners £100,000 for communications and suitability failings.
On 11 December, the European Parliament and EU member states agreed on the long-awaited Bank Recovery and Resolution Directive (RRD).
Two senior counsel have joined Kings Chambers as associate tenants to coincide with the launch of Kings Arbitration.
UK FATCA update — Bermuda download
The UK government announced late last year that it would seek to make arrangements for the automatic exchange of information with its overseas territories.
Allen & Overy tax partner Lydia Challen has written an article for British Tax Review as part of its analysis of the Finance Act 2013 provisions.
OFCOM, the UK’s communications regulator, has released results of its analysis of gambling advertisements on television.
Eversheds’ Asia managing partner has commented on the UK’s trade delegation to China.
In today’s fast-moving commercial world where email negotiations abound, it is all too easy for parties to become inadvertently bound to unsuitable contracts.
Bristows has published its Up Close and Personnel newsletter for December 2013.
In the mobile environment, data can be collected and shared with ease. Each individual’s privacy must be strictly protected, no matter what platform/technology is used.
Update: SDLT charities’ relief download
Legislation has been introduced in the Finance Bill 2014 regarding the SDLT relief available to a charity where it purchases a property jointly with a non-charity purchaser.
Challenges to arbitrator appointments have become a hot topic in international arbitration, having arisen in several high-profile international arbitrations this year.
The Enterprise Investment Scheme and Seed Enterprise Investment Scheme offer a number of tax incentives to individuals investing in certain qualifying trading companies.
The Enterprise Investment Scheme and the Seed Enterprise Investment Scheme offer a number of tax incentives to individuals investing in certain qualifying trading companies.
The factual scenario underlying the abalone class action had many of the hallmarks of a profitable class action enterprise.
Corporate lawyers at Walker Morris have advised the management team of Yorkshire-based UK Wealth Management on its acquisition by Ashcourt Rowan.
Walker Morris has appointed insolvency specialist Gawain Moore, who originally trained at Walker Morris, as a director in its restructuring and insolvency group.
Walker Morris employees have donated more than 150 gifts to Leeds charity Zest Health for Life in its annual gift donation.
Media lawyers at Walker Morris have worked with Estuary TV, a wholly-owned subsidiary of the Grimsby Institute Group.
Walker Morris has recently hired James Lawson, Emma Collins, James Bradbury, Andrew Brockett and Will Cousins.
Walker Morris provided legal input at LRS Consultancy’s recent event ‘Recycling services: avoiding exposure and turning TEEP to your advantage’.
Employers managing employees on sickness absence need to be careful of unquestioningly relying on occupational health assessments.
The act of making is not well defined. This article provides some examples where the court has considered acts that fall close to the line.
An in-depth understanding of the unique legal environment in China is essential to fully understand compliance requirements.
Any contractor who has provided a collateral warranty on a construction project will be interested to learn of the recent case of Parkwood Leisure v Laing O’Rourke Wales and West.
Eversheds has commented following news that users of Twitter and Facebook will be warned about the dangers of committing contempt of court in new advisory notes from the UK attorney general.
In Woodland v Essex County Council the Supreme Court reviewed the law on non-delegable duties of care and set out the criteria when a non-delegable duty arises.
Who now has the right to succession? download
It is important to know what changes have been made to the statutory regime for succession to a tenancy when a tenant dies.
It’s fair to say that Akenhead J’s recent decision in Parkwood Leisure Ltd v Laing O’Rourke Wales and West Ltd has caught the attention of construction lawyers.
In almost all circumstances, workers are entitled to receive a wage that is no less than the current national minimum wage rate for each hour of work.
Wragge & Co’s corporate team has advised Huhtamäki Oyj on its acquisition of UK-based BCP.
A corporate team from Wragge & Co has advised a syndicate of venture capital investors, led by NVM, on its exit from Alaric Systems.
Wragge & Co and Lawrence Graham are set to merge, forming a new firm — Wragge Lawrence Graham & Co — from 1 May 2014.
Wragge & Co’s intellectual property team has secured a High Court judgement against British Telecommunications.
It’s the hap-happiest season of all, say litigators in New York and Washington. Why is it the most wonderful time, The Lawyer asks? It’s not because it’s nearly Christmas and there’ll be parties for hosting, marshmallows for toasting or caroling out in the snow.
”The latest batch of young people lack any drive or desire to work - largely thanks to the warm, punch-drunk, sedated feeling of being permanently online to their friends on the internet,” according to Will Davies, founder of property maintenance company aspect.co.uk, London’s leading property maintenance firm with a turnover of £12m.
Beleaguered Law Society officials are braced for up to 1,000 angry criminal legal aid solicitors to swamp a special meeting in less than a fortnight’s time as the row over Chancery Lane’s leadership peaks.
As 2013 comes to an end, news arrives of yet another panel review. Investment bank Nomura reappointed Allen & Overy, Ashurst, Linklaters, Mayer Brown and Travers Smith and also cheekily added Osborne Clarke, which had been dropped in 2010. The review follows last year’s
One Direction star Harry Styles turned to 5RB media barrister David Sherborne to secure an injunction preventing the paparazzi from pursuing him.
Think you’ve spent a fortune on your Christmas shopping? Perhaps spare a thought for Kuwaiti property company St Martins. Last week it was announced that the business had been on quite a spree, popping City law and finance hub More London into its festive shopping bag.
Legendary advocate Sir Sydney Kentridge QC has now gone part-time at the age of 90. In the early part of his career in South Africa he was on the defence team representing Nelson Mandela in the 1958 treason trial. He later represented the Biko family of the inquest of the black consciousness leader.
Former Ashurst global corporate head Stephen Lloyd is one step closer to joining Allen & Overy (A&O) after partners were last week told to prepare for a vote.
Akin Gump has been slammed by the Serious Fraud Office (SFO) after two US-based partners refused to appear in court as witnesses in the $67m corruption case being pursued against businessman Victor Dahdaleh, contributing to the collapse of the case.
New phone? Clothes vouchers? CDs? Not for Barclays. Instead the bank is looking for a shiny new legal panel this Christmas.
Allen & Overy has hired partner Peter McDonald from Herbert Smith Freehills to build up the firm’s antitrust and competition practice in Australia.
American Express (AmEx) has named managing counsel Tim Heine as its interim general counsel as it rejigs its internal reporting structure.
Fire fighting producer Angus Fire has named the chief legal counsel of Caresteam Health, Nicholas Brown, as its general counsel following a £62m management buyout (MBO) of the business over the summer.
Ashurst has recorded a half-year turnover of £298m for the firm, compared to £281.7m for the same period last year.
Ashurst’s former global corporate head Stephen Lloyd is set to join Allen & Overy (A&O) as co-head of its private equity sector group.
When Ashurst corporate head Stephen Lloyd resigned from the firm, insiders predicted that only one man could possibly replace him. That man is Simon Beddow, who has duly stepped up to the role and joins new chairman Ben Tidswell in the firm’s management.
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
Lawyer 2B looks at the varied forms of apprenticeships in the legal market, and asks whether they are really the answer to the future of legal education.
Swedish automotive safety systems manufacturer Autoliv has named China-based Asia legal head Anthony Nellis as interim general counsel, succeeding Lars Sjöbring who is joining Transocean as general counsel.
A heavyweight roster of firms along with the British Government swung into action in a Texas courtroom last week to help BP challenge a US ban on it bidding for federal government contracts.
A total of six law firms have been named in a report listing ‘1000 companies to inspire Britain’ by the London Stock Exchange.
Simon Beddow has been appointed as Ashurst’s new co-head of its corporate, commercial and competition (CCC) division replacing corporate star Stephen Lloyd who quit the firm last month.
Bird & Bird has projected revenue growth of five per cent for the first six months of the current financial year.
Berwin Leighton Paisner’s (BLP) employment head Fraser Younson is leaving the firm today after seven years at the firm, The Lawyer understands.
Berwin Leighton Paisner (BLP) has raided Akin Gump in Moscow for a two-partner real estate team to bolster its practice in Russia.
Berwin Leighton Paisner (BLP) has announced a 6 per cent increase in revenue for the first six months of the 2013/14 financial year.
British Medical Association (BMA) group legal director Jonathan Waters has resigned from the professional body to set up a healthcare, HR and legal consultancy.
Bond Pearce’s final year before its merger with Dickinson Dees saw turnover rise to £51.8m - £1.5m more than first reported, newly-released LLP accounts have shown.
Reading firm Boyes Turner has published its first full set of LLP accounts, reporting turnover of £21.7m for the 18 months to 31 March 2013.
Reading-based Boyes Turner has pulled out of the tripartite merger talks with Blake Lapthorn and Morgan Cole.
Powerful, controversial, fascinating: the energy sector is constantly evolving. Barely a week goes by without energy companies hitting the headlines; catch up on some of the legal angles by clicking on the links below.
US firm Brown Rudnick is expanding into Paris through the hire of litigation partner Sébastien Bonnard from boutique Lacourte Raquin Tatar.
Professional sport – especially football – can more often be frustratingly mundane than great, as anyone who has spent time at an English ground will grudgingly relate.
Working in the airline business is no flight of fancy. When Julian Homerstone landed a GC job at Virgin Atlantic he must have known it would be quite the ride – the airline now flies 5.5 million passengers a year to 35 destinations worldwide.
The spectre of lengthy lines of salaried partners going cap in hand to the banks early next year was raised last week by changes to the partnership tax regime. The changes are ...
Cayman Islands boutiques Travers Thorp Alberga and Paget-Brown are merging in early 2014, just a year after the former enticed ex-Maples and Calder managing partner Anthony Travers back to practice.
With David Cameron’s visit to China last week, the PRC is even more in the spotlight for business. Here’s just a small selection of some of the biggest China stories of the last couple of months. For more of the latest Asia Pacific news, analysis and deals, then sign up to our weekly email.
Beijing and Shanghai are not the only places where China’s legal market is thriving.
UK prime minister David Cameron’s current visit to China could potentially see China investing in the hotly-debated $50bn High Speed 2 rail line project, and Chinese investment into the UK picking up speed in general.
Clayton Utz’s board has appointed litigation partner Robert Cutler to succeed Darryl McDonough as the firm’s next chief executive partner.
Lawyers are regularly underestimating litigation costs by as much as 100 per cent, putting their corporate clients at risk of breaching England’s recently implemented civil justice rules.
Allen & Overy (A&O), Ashurst and Clifford Chance have advised on German drugs and chemicals group Merck’s £1.6bn acquisition of AZ Electronic Materials.
The year is drawing to a close and with it comes the end of one of the year’s biggest cases.
Outgoing Clifford Chance managing partner David Childs is to chair the Financial Reporting Council’s (FRC’s) Conduct Committee when he retires from the firm next year.
The High Court has issued a stinging judgment against Clifford Chance client Excalibur, ordering it to to surrender the £17.5m it put up as security for costs to its courtroom opponents, Texas Keystone and Gulf Keystone, as an interim payment.
CMS Cameron McKenna’s partnership has elected Penelope Warne as its next senior partner, replacing the firm’s former managing partner Dick Tyler.
CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014.
If the legal market had its own Guinness Book of Records, tiny donkeys and dogs on ropes tight would be replaced with speedy takeover votes and the greatest-ever number of merger chats.
The Serious Fraud Office (SFO) is not being taken seriously. One of Britain’s biggest corruption trials collapsed yesterday, with the fraud agency blaming the withdrawal of key witnesses – two of whom are partners from US firm Akin Gump – on the sudden end to the case.
Plebgate has put the issue of cost budgeting right at the top of the agenda. Shame, then, that our survey of in-house lawyers uncovered their irritation at law firms’ inability to estimate litigation costs. For more on this, don’t miss our Global Litigation 50 report next week.
The $1.6bn claim brought by Clifford Chance client Excalibur Ventures against Texas Keystone and Gulf Keystone was one of the biggest of 2012/13. When Mr Justice Clarke threw out the case in September he set in motion a series of battles over costs, exposing a number of criticisms levelled at the claimant firm and its client.
Criminal law solicitors have redoubled their attacks on the Law Society – ramping up calls for senior resignations – after slapping the organisation’s leadership with a vote of no confidence earlier this week.
DAC Beachcroft has merged with Colombian insurance firm De La Torre & Monroy Abogados Asociados and started trading as DAC Beachcroft Colombia yesterday (1 December).
Leading legal expenses insurer, DAS has appointed Dr Thomas Jannakos as their Chief Finance Officer and board director. He takes over from the recently retired CFO Paul Gibson.
Davis Polk & Wardwell and Freshfields Bruckhaus Deringer have secured lead roles in the $2.5bn (£1.5bn) IPO of China Cinda Asset Management, Hong Kong’s biggest global offering so far this year.
King & Wood Mallesons SJ Berwin’s (KWMSJB) City corporate head Steven Davis is to stand down after seven years in the position with legacy SJ Berwin.
Chinese investment into Europe is continuing apace, and law firms are keen to make every effort to grab a piece of the action. While few have gone quite as far as SJ Berwin, merging with Sino-Australian firm King & Wood Mallesons last month, more and more are trying to get a foothold in the East.
Benelux firm De Brauw Blackstone Westbroek is joining German best friend Hengeler Mueller with an office in Shanghai, its second Chinese base.
Debevoise & Plimpton and Linklaters have played lead roles advising the $4bn (£2.4bn) landmark bancassurance partnership between AIA and Citibank in the Asia-Pacific region.
Debevoise & Plimpton has hired litigation partner Tony Dymond from Herbert Smith Freehills in London, a year after the firm took heavyweight Kevin Lloyd from its City rival.
Dentons has added two new partners to its Paris energy team to focus the firm on growing its Francophone Africa energy strategy.
Deutsche Bank is hiring Linklaters partner Florian Drinhausen as co-deputy general counsel for Germany and Central and Eastern Europe (CEE).
DLA Piper has named Ian Brierley UK real estate head just two years after Simon Cookson was brought into the role from Ashurst.
DLA Piper has unveiled a major overhaul of its management structure in Asia in a bid to increase the integration between the Asia offices and its US partnership.
London- 2nd December, 2013- Drooms, the first virtual data room (VDR) provider in Europe, today advised law firms on realising the benefits of high speed VDR’s in streamlining operational efficiency, offering industry leading technology and increased data protection for clients.
New relationships can often be tricky. You think you’ve met the one but then your friends and family start confessing that they’re not so sure.
DWF has made up ten new partners in its latest round of promotions, with the insurance group taking the bulk of promotions.
Former Herbert Smith Freehills’ Singapore partner John Dick has joined Ernst & Young Singapore as a partner as the “big four” accounting firm mulls legal services launch.
E-commerce start-up Powa Technologies has turned to internet giant Yahoo for the hire of senior in-houser Manu Kanwar as chief legal officer.
South African firm ENSafrica is merging with Mauritian firm De Comarmond & Koenig (DCKM), as it continues its expansion across Africa.
All the latest partner hires and other appointments within Continental European firms and offices.
Newcastle International Airport (NIA) has been ordered to pay all the costs associated with the negligence claim it brought against Eversheds, which ended last week after a six-year battle.
Eversheds litigation partner Paul Smith has been elected as the firm’s new chairman, beating corporate partner Robert Pitcher in a partnership vote last week.
Eversheds has secured four new offices in Africa having tied up with South African firm Mahons Attorneys and El Heni in Tunisia.
Eversheds has named Shanghai-based corporate of counsel Jack Cai as the new head of its Shanghai office following two partner exits, including former Shanghai managing partner Jean-Marc Deschandol.
A former Allen & Overy (A&O) New York partner was sentenced to more than 17 years in prison last week after pleading guilty to the sex trafficking of a child.
The world’s top 50 litigation practices generated a record $24.3bn (£14.9bn) last year, exclusive new data produced by The Lawyer for this year’s Global Litigation Top 50 report has revealed.
The former head of legal of The Times, Alastair Brett, has been suspended from practice for six months by the Solicitors Disciplinary Tribunal (SDT).
Last week I had the chance to peek into the multifarious world of facilities management, an often over-looked but increasingly vital segment of the legal market. Property can be a deal maker or breaker when it comes to mergers – just ask Cobbetts. It can also tip the scales one way or another when it comes to a firm’s chances of staving off the administrators. Or, at a slightly more prosaic level, the people running FM can also have a hefty influence on the smooth and happy running ...
London just keeps on attracting US litigation firms hoping for a piece of the action, with Boies Schiller just the latest to arrive in the City. Is the market getting over-lawyered?
Brecher managing partner Nicky Richmond investigates the curiously-named Japanese restaurant Flesh and Buns.
Men should take up their new rights so that flexible working becomes the accepted norm for both sexes
It’s no secret that the “big four” accounting firms are trying to push into the legal services in the UK. Today, The Lawyer revealed that Ernst & Young is now extending its legal ambition to Singapore, a regional hub and a gateway to South East Asia’s rapidly growing ...
Former Stewarts Law partner Andrew Shaw is fighting the Solicitors Disciplinary Tribunal (SDT) ruling which saw him struck off in the High Court today, bringing the details of the case into the public domain for the first time.
Alastair Brett, the former head of legal for The Times, will appear before the Solicitors Disciplinary Tribunal (SDT) this week charged with misleading a court.
Fox International Channels (FIC) has appointed Francis Chang as its senior vice-president legal and business affairs and general counsel for Asia Pacific and the Middle East.
Freeth Cartwright has announced the opening of a Leeds office, some six months after first looking at expanding into the city.
Freshfields Bruckhaus Deringer, Gibson Dunn & Crutcher and King & Wood Mallesons have secured roles on Hong Kong Telecommunications’ (HKT) $2.4bn (£1.5bn) acquisition of CSL from Telstra.
Gateley has been granted an ABS licence for its English offices, making it the second top 50 firm to have been awarded one after Irwin Mitchell in 2012.
Gide Loyrette Nouel is adding a team of nine lawyers from German firm Beiten Burkhardt in Ukraine, as the latter closes down its presence in the country.
Squire Sanders and Mayer Brown have emerged as the biggest fallers in the main table contained in this year’s Global Litigation Top 50 report (9 December 2013), The Lawyer’s exclusive analysis of the world’s top 50 litigation practices by revenue.
Today sees the publication of The Lawyer’s annual Global Litigation Top 50, our annual analysis of which of the world’s largest firms are generating the most fee income from disputes.
Graiseley Investments, the company behind Guardian Care Homes, has instructed the Wilkes Partnership in place of Cooke Young & Keidan (CYK) in its landmark Libor battle with Barclays following concerns over costs.
In her last restaurant review of the year, Brecher managing partner Nicky Richmond finds a last-minute table at Hélène Darroze.
Slaughter and May’s German best friend Hengeler Mueller is launching an office in Shanghai, relocating four partners to the office when it opens towards the end of next year.
Herbert Smith Freehills (HSF) has confirmed the appointment of global head of disputes Sonya Leydecker and former legacy Freehills managing partner Mark Rigotti as joint chief executive officers.
Herbert Smith Freehills has named Tokyo managing partner Peter Godwin as the firm’s new regional head of disputes in Asia.
As Herbert Smith Freehills gears up for a vote on its combined remuneration structure senior reporter Lucy Burton looks at the numbers behind the merger
Herts and Bedfordshire firm HilliersHRW has gone into administration after the firm was unable to pay for professional indemnity insurance (PII) cover.
HM Revenue & Customs (HMRC) has published its “dramatic” proposals for changes to the partnership tax regime, a move aimed at dealing with the so-called ‘disguised salary’ of LLP members that looks set to create upheaval in finance teams across the UK.
Hogan Lovells joint CEOs Warren Gorrell and David Harris are stepping down in June 2014. The firm has not opted for the post-merger dual headship but has nominated US litigator Steve Immelt as sole leader. Is it a US power shift?
Hogan Lovells is hiring a white-collar crime partner to boost its Paris litigation capabilities.
Hogan Lovells has confirmed that its US co-head of litigation Steve Immelt will become CEO after a partnership vote approved the move last night (16 December 2013).
Hogan Lovells has named corporate partner Tom Whelan as the co-head of its global private equity group, taking over the reins from Alan Greenough who will retire next year.
Holman Fenwick Willan’s (HFW’s) LLP accounts reveal that the firm increased its revenue by 13.7 per cent in the 2012/13 financial year.
The Homes and Communities Agency (HCA) could cut its panel by up to 50 per cent in response to complaints from its regional advisers that they were not getting enough work from the regeneration body.
Herbert Smith Freehills’ (HSF) partners are set to green light an aligned remuneration system by the end of December, ending months of discussions over a combined structure.
Legacy Herbert Smith partners will abandon the firms rigid eight-year lockstep in favour of a merit-based pay system following the October 2012 merger with legacy Freehills, the firm said this morning.
More than 5 per cent of firms are facing forced closure by the SRA after failing to find insurance cover, risk experts claim, amid fears that practising certificate fees could jump to deal with rising intervention costs.
The ‘how long is a piece of string’ line is wearing thin, so one commenter neatly sums up after reading last week’s news about botched litigation budgets.
Lawyers are supposed to be getting better with numbers – right? Not so, according to exclusive research of senior in-house lawyers conducted as part of The Lawyer’s Global Litigation Top 50 survey, which found lawyers are regularly underestimating litigation costs by as much as 100 per cent.
Irwin Mitchell has placed four support staff in its Glasgow office into a redundancy consultation following a decision to relocate the roles to Sheffield.
It’s been quite a week for Jones Day’s London litigation team. First the firm – partly powered by the growth of its London disputes team - ranks in the top five of our annual Global Litigation Top 50. As you’ll surely know by now – and if not, why not? - the focus this year is on alternative fee arrangements (AFAs).
Jones Day has promoted nine lawyers outside of the US to the partnership in its 34-strong global promotion rounds, including two in London, three in Europe and four in Asia.
The London office of Jones Day is piloting the use of damages-based agreements (DBAs), making it one of the few major firms to offer these alternative fee arrangements (AFAs) since new regulations came into force in the UK earlier this year.
Chinese firm Jun He is being sued by two domestic rivals, Commerce & Finance and Jingtian & Gongcheng, over its adviser role in the Sino-Forest’s independent investigation.
Jun He, one of China’s top-ranked elite firms and a close friend of Slaughter and May, has found itself in the hot seat over a legal opinion it issued a few years back in relation to the now collapsed Sino-Forest Corporation.
The run-up to Christmas is a classic time to reassess your career. Get some ideas by browsing through our regular Job Watch feature, where we interview recruiters on current trends and what employers are after.
Kellogg’s EMEA legal head Orla Muldoon is leaving to join agricultural processing giant Archer Daniels Midland (ADM) in January.
Kennedys and Scottish firm Simpson & Marwick have called off their planned merger, citing “complex reasons”.
A King & Spalding solicitor-advocate has transferred to the bar, joining Serle Court Chambers after 15 years working for international firms.
King & Wood Mallesons’ global head of dispute resolution Beau Deleuil is leaving the firm, a month after his appointment to the role.
King & Wood Mallesons’ global head of disputes resolution Beau Deleuil is joining Quinn Emanuel Urquhart & Sullivan’s Sydney office.
A pair of King & Wood Mallesons SJ Berwin (KWMSJB) partners have quit the newly-merged firm for local firms in France and Germany.
King & Wood Mallesons SJ Berwin (KWMSJB) has extended its footprint in the Middle East, through an exclusive association with the Law Office of Majed Almarshad in Riyadh.
Pressure is mounting on key figures at the Law Society to resign after solicitors said today they had no confidence in the leadership’s position on government proposals to slash legal aid rates.
Is the Law Society in a no-win situation when it comes to challenging the Government over legal aid cuts?
Law Society staff have been clobbered with a special holiday treat from senior bosses – they are being forced to take annual leave between Christmas and New Year in a move lawyers speculate could be challenged in court.
Easy does it now. Lever your head up off the keyboard. We hope you weren’t silly enough to schedule any client calls today.
London’s lawyers will be among the professionals nursing the sorest heads today, after research from Addison Lee showed that the legal industry was predicted to out-party most of the capital’s workforce.
Costs clarity is the way forward for arbitration
The newly combined Hong Kong office of King & Wood Mallesons and SJ Berwin has seen the first legacy SJ Berwin partner departure, as litigation partner Giovanna Kwong leaves for Stephenson Harwood.
New research highlights the impact of Government cuts on lawyers entering criminal practice
Legal Aid minister Shailesh Vara puts the case for Legal Aid cuts
Lewis Hamilton’s father, Anthony, is in court today for the fourth day of his wrongful dismissal case against Scottish race driver Paul di Resta.
According to Adviser Rankings’ data for the last three months, a rare phenomenon is upon us.
Ashurst has hired Linklaters debt capital markets partner Francis Kucera, in a boost to its securities and derivatives practice.
Linklaters has named its current Greater China and global litigation head Marc Harvey as Asian regional managing partner to succeed outgoing Stuart Salt.
Linklaters is to introduce a merit-based element to its associate lockstep structure in an effort to “reward high performance as well as chargeable work” after lifting a junior lawyer pay freeze earlier in the year.
After holding the top spot for two consecutive years, Linklaters has fallen into 13th place in the 2013 UK M&A rankings.
Aside from the Jackson reforms, chambers outside London are bracing themselves for the impact of the cuts to legal aid funding. Those that have have a robust mixture of work are likely to withstand the changes, but sets that are dependent on high-volume and low-value work face uncertain times.
A response to the LSB draft statutory guidance on legal education
Kuwaiti property company St Martins has bought the More London estate from London Bridge Holdings for an estimated £1.7bn, marking one of the UK’s largest-ever commercial property deals.
The world is grieving today over the loss of Nelson Mandela. Chief among those mourners, we suspect, will be legendary advocate Sir Sydney Kentridge QC.
Irish firm Mason Hayes & Curran has elected litigator Declan Black as its new managing partner, replacing Emer Gilvarry.
McDermott Will & Emery (MWE) has picked up Ashurst partner Nikolaus von Jacobs to lead its private equity practice in Germany.
The Court of Appeal has ruled that a children’s centre did not discriminate against a former Christian employee by requesting that she work on Sundays.
Six law firms have been named by the London Stock Exchange as part of 1,000 inspiring British businesses. Take a bow, Bates Wells & Braithwaite, Berrymans Lace Mawer, Matthew Arnold & Baldwin, Stewarts Law, the London office of Edwards Wildman Palmer and Preston-based Fletchers Solicitors.
The Hogan Lovells team which recently jumped ship to launch a German office for Morrison & Foerster (MoFo) has won its first M&A instruction since moving, advising Axel Springer on the acquisition of 24-hour news station N24 Media.
Nabarro has advised on Jordans first utility-scale onshore wind farm amid growing demand for energy in the region.
Nabarro has been hit with a £130m professional negligence claim by a former client disgruntled over the way it conducted a High Court battle.
Turnover inched up at Nabarros by 0.3 per cent for the first half of 2012-13 financial year, taking it to £52.5m and marking a drop in half-year growth.
Norton Rose Fulbright partner David Baylis has become Norton Rose Fulbright’s first regional head of corporate, M&A and securities in the Middle East.
Water and sewerage regulator Ofwat is holding interviews this week for its newly created general counsel role.
Olswang is leading a major online privacy case against Google in the High Court this week, in which the internet giant is arguing for the case to be heard in the US.
Osborne Clarke’s employment head David Cubitt has been elected as the firm’s new London chief.
Osborne Clarke is to launch an office in Amsterdam in the New Year, marking the firm’s fourth international opening with a year.
Investment bank Nomura has wrapped up a review of its panel firms in Europe, the Middle East and Africa (EMEA), reappointing Osborne Clarke to its existing list of legal advisers.
Ah, the modern panel review. Such stringent criteria, so few spaces. And as the most recent public sector panel review shows, tenders aren’t getting any easier.
Pannone has put more than 100 people on notice of redundancy since the firm agreed to press ahead with a tie-up with Australian-listed Slater & Gordon.
HMRC salaried partner changes send shockwaves through LLPs
Washington DC firm Patton Boggs and Texas-based Locke Lord are understood to have ended their merger talks, making them the third pair of US firms to kill plans for a tie-up in less than a month.
Paul Hastings’ Hong Kong corporate partner and Greater China chair Raymond Li has emerged to be the owner of Hong Kong’s second-most expensive home, which is worth $95m.
Personal injury specialist Neil Hudgell Solicitors has opened a London office, having purchased collapsed litigation boutique Harris Cartier’s book of personal injury work.
Pinsent Masons has appointed Maddocks chief executive David Rennick to lead a review of growth opportunities in Australia.
Pinsent Masons is expanding its French presence with the acquisition of six-lawyer boutique Ichay & Mullenex Avocats.
Wragge & Co has signed a merger (or should that be takeover?) deal with Lawrence Graham. The new entity’s name is a bit of a mouthful: Wragge Lawrence Graham & Co. How long before we all revert to Wragges?
No wonder the world’s top firms have been bulking up in litigation and arbitration. Since 2011 the total revenue generated by the top 50 litigation firms has grown by $1.5bn (£900m) – a rise of 14 per cent over the period. Since 2008, when we began tracking global litigation revenue, the total has grown by 25.5 per cent, from $19.389bn to this year’s $24.35bn.
Research reveals huge compliance issues as two in five (41%) employees admit to binning confidential documents
Alarming new research from EDM Workspace, formerly Filing Plus, reveals that two in five (41%) of employees admit to binning confidential work related paper that should be shredded. Seven per cent do this ‘all the time’, while a further 15% admit to doing it ‘quite often’ and 19% ‘sometimes’.
Barclays has launched its general panel review after a 12-month extension, introducing a two-pronged structure that will feature preferred and approved legal advisers.
Next Monday sees the publication of The Lawyer’s Global Litigation Top 50, our annual review of the year in international disputes.
Time for a tongue twister. Ready to review the year by remembering the (panel) reviews? Pretty partner Peter Piper pitched for a place on the panel, so please pay attention.
Rocket Lawyer, the US West Coast online legal services start-up that launched in the UK a year ago, is planning to expand its offering into Northern Ireland and Scotland next year.
The debate over Scotland’s future has developed with last week’s guide to independence.
If you’re still in the office today, here’s the perfect accompaniment to your tea and mince pie break. It’s Thomson Reuters’ preliminary M&A table for 2013 - with firms ranked by the value of their announced public M&A deals with UK involvement from 1 January to 16 December.
The collapse of the SFO’s case against Dahdahleh represents a low point in a bad year for the SFO.
Simmons & Simmons’ has published its LLP accounts for 2012/13, revealing that it substantially tightened up its financial management over the course of the year.
Slater & Gordon is nothing but acquisitive. Since it took over Russell Jones & Walker in January 2012 it has marched through the UK PI and consumer services market. Catch up with some of its takeover targets below.
Slater Heelis has formally merged with Cottrills this week (1 December) gifting it a Manchester city centre base.
Slaughter and May is paying a discretionary bonus to all staff for the first time since it abandoned its rigid associate lockstep in May.
Group deputy general counsel Dominique Bourrinet is to take the chief legal role at Société Générale (SocGen).
DLA Piper is understood to be losing a partner and an associate from its London real estate team as rival Squire Sanders looks to bulk up in the City.
The Solicitors Regulation Authority (SRA) has identified 117 firms still at risk of closure as a result of being unable to secure professional indemnity insurance.
The bulk of legacy Freehills’ Singapore team has walked out on Herbert Smith Freehills in a move that highlights the challenges both legacy firms are facing over integration
Osborne Clarke is about to open another European base, this time in Amsterdam. It adds to its recent investments into its Paris and Brussels offices and confirms the trend that mid-sized UK law firms cannot afford to ignore the Continent.
First we heard that Hogan Lovells’ Berlin office had left for MoFo. Then we heard that the team left after a falling-out with HL management when a partner had criticised a firm client. No wonder MoFo Germany is now celebrating winning a major mandate for Axel Springer.
Key equality case highlights future court treatment of protected characteristics
Tax investigations lawyers have the skills to unpick fraud cases - just ask Al Capone
Taylor Wessing has reported double-digit growth in its UK revenue with a 10 per cent rise for the first half of 2012/13.
There’s no denying that 2013 has been a stellar year for the TMT sector. The enormous £84bn Vodafone / Verizon deal practically blew every other M&A deal out of the water, with
With Blake Lapthorn, Morgan Cole and Boyes Turner looking to pulloff a three-way merger, Joanne Harris looks at the numbers behind the deal.
Brecher managing partner Nicky Richmond is craving comfort food as the year draws to an end, and finds some of it at the Guinea Grill.
Office design and ways of working evolve continuously
With competition likely to be among the top issues keeping global counsels awake at night, what regulatory-related issues and trends lie ahead in 2014?
Stories of law firms battling against the continuing squally economic weather balanced a prurient interest in legal profession hotties, the analysis of The Lawyer’s most-read stories of 2013 reveals.
It was only a 45-second outburst – and what was really said may never be established conclusively. But when a former government chief whip robustly expressed his views about cycling and closed gates to Downing Street coppers, he set in train events that led to a recent landmark decision in the Court of Appeal that affects all litigation lawyers. Andrew Mitchell MP brought defamation proceedings against The Sun newspaper for its reporting of the altercation, and his media specialist ...
Pundits across the board generally agreed that George Osborne had a good run-out in Britain’s House of Commons some 10 days ago with his autumn statement. Anything that gets the Chancellor of the Exchequer’s shadow spluttering and steaming is thought to be good value by impartial observers and Tory Party faithful alike. But apart from the political blood sport, what did the statement actually mean for lawyers and their clients?
Rarely does a High Court trial engender a football crowd-style atmosphere, but when England’s longest-running commercial case in recent memory wrapped up a few days ago, shareholders for the defendant companies were cheering outside the court. In dismissing Excalibur Ventures’ claim for an interest in various petroleum fields in Iraqi Kurdistan held by Texas Keystone and Gulf Keystone, Mr Justice Clarke drew a veil over only the first act of this drama, with much more tussling to emerge ...
Swiss bankers used to have it pretty cushty. They would loaf about in sumptuous wood-panelled offices waiting for shady characters to drop off attaché cases bulging with spondulix in multiple currencies, pop it in the safe, hand over a number and light a couple of cigars to seal the deal. Providing interest on the deposit wasn’t part of the deal; all the punters wanted was discretion and confidentiality.
Opening European football’s winter transfer window on New Year’s Day triggers a strong gust of realism to remind fans of what the sport is about – money, and lots of it, in the players’ pockets.
Trowers & Hamlins has seen £10m wiped from its operating profit over the last twelve months and the firm took out a £3m overdraft facility, its LLP accounts for 2012/13 reveal.
Is the Family Court getting an undeserved bad press?
TSB Bank has named Susan Crichton, previously the Post Office general counsel, as its first general counsel.
What do you get when you put a US firm in Northern Ireland and mix it up with the makers of Game of Thrones?
US entertainment firm SmithDehn is hoping to launch its largest Europe office in Northern Ireland as it kicks off a part-time media law course in the region with client HBO.
If you want to gain a better understanding of commercial awareness in the legal marketplace, then Lawyer 2B’s webcast powered by The University of Law is a must-view.
Newcastle-headquartered Ward Hadaway has picked up the majority of the work in progress (WIP) from the recently defunct corporate boutique EOS Law in Manchester.
Weightmans has become the latest top 50 firm to obtain an alternative business structure (ABS) licence from the Solicitors Regulation Authority.
Weil Gotshal & Manges is facing a €12m (£10m) professional negligence claim brought by private equity house Bancroft over its acquisition of a Slovakian ice cream company.
Weil Gotshal & Manges has been left with one tax partner in London after Ropes & Gray hired its star tax partner Brenda Coleman.
Watson Farley & Williams (WFW) has elected London finance partner Chris Lowe and Germany head Lothar Wegener as joint managing partners.
CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014. Here Kate Beioley looks at what the future holds for the combined entity.
Wragge & Co and Lawrence Graham (LG) are to finally merge after partners voted in the move on Monday, creating a £170m firm under the name Wragge Lawrence Graham & Co.
The Young divorce case raises serious questions for big money family battles