Online February 2013
This determination demonstrates the difficulties involved for employers in ill-health applications.
One issue on which we frequently advise is the meaning of the term “establishment” for the purposes of collective information and consultation.
We await a public consultation on a new planning appeals system for Jersey that will be fairer and less expensive than the current Royal Court-based system. So what is the current system in Jersey and how does it differ from the Guernsey system?
Hospitality employers have been given yet another reason to review their practices when it comes to employee gratuities and the deduction of any portion of such gratuities.
It is unsurprising that the case of 2 Travel Group plc (in Liquidation) v Cardiff City Transport Services Ltd has been widely reported.
A plan for Australian jobs download
As part of ‘A Plan for Australian Jobs’, the government plans to roll out the Australian Industry Participation plans.
Hong Kong’s new statutory price sensitive information/inside information disclosure regime (PSI Disclosure Regime) will take effect on 1 January 2013.
On 19 December 2012 the Commission adopted legislation on OTC derivatives, central counterparties and trade repositories (“EMIR”).
In this briefing we explore some key features of the Constructing Excellence contract and some effects and issues arising from the same.
ACAS has launched a consultation on a draft code of practice on settlement agreements that explains the government’s new legislation on pre-termination negotiations.
Important points for ROT suppliers wishing to maximise their chances of recovery.
Adam Mycyk has rejoined Chadbourne & Parke’s Kyiv office.
Addleshaw Goddard has advised Admiral Taverns, one of the largest pub companies in the UK, on its £200m acquisition by US-based private investment firm, Cerberus Capital Management.
Addleshaw Goddard has advised Lloyds Development Capital on its acquisition of ATG Access.
Addleshaw Goddard is extending its footprint in the Middle East with the announcement of an exclusive association with Nasser Al Habsi in Oman.
Addleshaw Goddard is increasing its City-based Private Equity capability with the appointment from Linklaters of Ben Rodham.
Addleshaw Goddard has added another senior dealmaker to its Leeds-based Corporate practice this week.
Addleshaw Goddard has been appointed to a position on the Government Procurement Service Legal Services Framework Agreement.
An introduction to the tax laws surrounding capital call subscription credit facilities.
Our Administrative Law, Property, Construction & Environment practice represents a domestic and international clientele originating both from the public and the private sectors.
Advertising Standards for the UAE download
The new Advertising Standards will consolidate the various principles governing content in relation to advertisements in the UAE, reinforcing a number of fundamental edicts.
The Advocate General of the European Court of Justice has said that where a website operator displays material on its website that infringes the sui generis database right of a third party, that operator infringes the third party’s rights both in the country in which the server hosting the website is based and in the countries in which the users accessing that information are based.
The law relating to collective consultation on a TUPE transfer and where more than 20 redundancies are proposed has changed.
Al Tamimi & Company has announced a series of partner promotions across the Middle East.
The Labour Code does not contain any specific provisions relating to alcohol in the workplace.
Alcohol strategy consultation download
The alcohol strategy consultation (“the Consultation) published on 28 November 2012 seeks views on a number of proposed changes to the licensing laws.
Alternative Investment Fund Managers Directive – ESMA’s technical advice on third countries download
Following the publication by the European Securities and Markets Authority (ESMA) of its technical advice on implementing the Alternative Investment Fund Managers Directive (AIFMD), this briefing, the last in our series, examines the outstanding issues in relation to third countries.
The DIFC Authority has introduced some key amendments to the rules regarding employment relationships for organisations operating within the DIFC.
This briefing from Karanovic & Nikolic summarises the most important provisions of Serbia’s Law on Amendments to the Foreign Exchange Law.
An important new weapon in pan-European patent disputes - the English Courts can hear non-English patent infringement cases download
The English Patents Court has delivered a ground-breaking judgment which could change the way that European patent litigation is conducted.
An update on MiFID II and MiFIR download
The European Commission proposals for a revised Markets in Financial Instruments Directive (“MiFID II”) and new Markets in Financial Instruments Regulation (“MiFIR”) are now in the advanced stages of debate amongst European legislators.
In the pensions industry, 2012 is the year of automatic enrolment, the impact of very low gilt yields on deficits, Europe imposing sex equal annuity rates and the early stages of defined aspiration as a new type of pensions saving.
Chairman and director of quality and risk
Our anti-corruption compliance team offers legal advice on internal investigations.
Our antitrust team provides legal advice on merger control, cartels and abuse of dominant positions, restrictive practices and agreements and compliance.
Mayer Brown is recognised as a leading antitrust practice by Chambers & Partners, Legal 500 and Global Competition Review.
A command of international antitrust and EU competition rules is an essential element of any successful business strategy in today’s global economy.
The Curtis antitrust/competition law practice represents clients that operate across the world and in a wide variety of industries
Partner, Oulu office
The Privy Council recently considered whether a security provider whose collateral had been appropriated as allowed by the Financial Collateral Arrangements (No.2) Regulations 2003 was entitled to relief from forfeiture.
Our arbitration team has an extensive experience in both domestic and international arbitration.
Article 203 of the UAE Civil Transactions Law allows parties to agree to seek arbitration for any dispute that arises between them in a given contract, and sets the rules for such agreement.
Are SWIFT messages legally binding? download
SWIFT messages are a method of communication, payment, settlement, clearing, trading in deposit certificates and so on that are admissible by the QCB.
A 2012 case shows how easy it can be to fall short of obligations imposed by the Data Protection Act.
The FSA recently published a discussion paper setting out its provisional thoughts on how to implement the Alternative Investment Fund Managers’ Directive (AIFMD or the “Directive”) in the UK. Firms should now be taking steps to ensure they are “AIFMD-ready”.
Last week, the Government announced a number of proposals for changes to employment laws.
The mere mention of asbestos can set alarm bells ringing for any person with an interest in property, whether that is as a landlord, tenant, managing agent or owner.
This briefing will provide an overview of some of the models used in delivering supply chain infrastructure.
On 22 August 2012, the U.S. Securities Exchange Commission (the “SEC”) adopted a final rule pursuant to the directives of the 2010 Dodd-Frank Act compelling certain companies with U.S. securities reporting obligations to assess and disclose their use of “conflict minerals”.
Assessing the impact of the recent changes to the Waste (England and Wales) Regulations 2011 download
On 1 October 2012 important changes to the Waste (England and Wales) Regulations 2011 came into force, affecting the duties of waste collection authorities and waste disposal authorities.
Circumstances in which a successful claimant would have to pay the majority of the defendant’s costs.
ASSOS v ASOS: High Court provides further guidance as to survey evidence following Marks & Spencer v Interflora
The High Court has provided further guidance for survey evidence following Marks & Spencer v Interflora.
Stricter gun control legislation could affect use of certain weapons and ammunition at nuclear plants.
With the 2012 AGM season rapidly approaching, it is again time for Boards of ASX listed companies to turn their minds to the resolutions to be put to shareholders for approval.
Chancellor George Osborne has used this week’s Autumn Statement to unveil a wave of infrastructure projects including new schools, hospitals and defence accommodation.
Ince & Co’s reputation for advising clients in the aviation sector is built on our in-depth understanding of the aviation industry, knowledge of aviation technology, the current commercial issues and our first-hand experience.
Given the present state of the economy, it is reasonable to assume that 2013 will see a continuation of businesses attempting to restructure their liabilities in order to stay afloat.
Senior associate, litigation
Our Bank Lending and Structured Finance practice represents a wide range of local and foreign clients in the banking, finance and securitisation industries.
The Banking & Finance Litigation Update is published monthly and covers current developments affecting the Group’s area of practice and its clients during the preceding month.
Our Banking & Finance team delivers commercial business solutions to clients with a diversity of needs. Our approach is always accessible, collaborative and practical.
The banking and finance team has more than 10 years of experience working within the complex and demanding regulatory environments of Bosnia and Herzegovina, Croatia, Macedonia, Montenegro and Serbia.
Raising finance is critical to the future success of any organisation — it allows it to thrive and grow, or simply to survive. Our national banking and finance team advises clients on a range of financing transactions across a wide variety of sectors, often with a multi-jurisdictional element.
Mourant Ozannes has an international reputation as one of the leading offshore banking and finance practices.
Bowman Gilfillan’s highly rated, resourceful and pioneering banking and finance practice provides sound advice in relation to the full range of banking and finance transactions.
Our banking and finance team has a wide remit.
Our team endeavours to ensure that banking transactions proceed quickly and effectively with the minimum of fuss.
We advise lenders, borrowers and other parties on all types of domestic and international financing transactions.
Mayer Brown’s banking and finance practice is one of the firm’s signature strengths.
Our banking and finance group advises clients on financing transactions across many different sectors.
King & Wood Mallesons is widely recognised for its expertise and performance in the areas of international finance and banking.
Chadbourne & Parke has announced that Margarita Oliva Sainz de Aja, a leading banking and finance lawyer, has joined the firm as an international partner in Chadbourne’s Latin America group.
We advise Luxembourg and foreign credit institutions and other professionals of the financial sector on private-banking-related matters and related regulatory issues.
The trait that draws the most praise from clients about Walker Morris’s Banking, Restructuring & Insolvency Group is our teamwork.
The Curtis Banks and Financial Institutions practice represents clients worldwide in all of the major financial sectors, including investment and commercial banking, mortgage banking, asset management, retail brokerage, insurance, credit and private equity.
Barclays has defeated a claim based on information provided to credit reference agencies.
Chadbourne and Parke won a victory for Beam on 9 January 2013, when US district judge J Paul Oetken of the Southern District of New York denied plaintiff Christopher Rapczynski’s motion to certify a putative nationwide class of ‘Skinnygirl Margarita’ purchasers.
Belgium has been revising a number of tax statutes in order to combat tax abuses.
Winckworth Sherwood has been recognised as a Better Bankside ‘Community Star’.
Bilateral investment treaties encourage capital and technology flow between signatories.
There are so many things to consider when embarking upon a development project, or even an extension or alteration of your home or garden space, you might be forgiven for not immediately considering the impact that your plans might have on the flora and fauna dependent on your land.
The Department of Business Innovation and Skills (BIS) has published a new Age Restricted Products Code of Practice.
Blue Skye — effect of insolvency proceedings in one member state on civil liability claims already ongoing in another download
The effect of insolvency proceedings in one member state on civil liability claims already ongoing in another.
The recent temporary grounding of the world’s first all-composite-construction aircraft, the Boeing 787 Dreamliner, is relatively unusual in that it has affected the worldwide fleet.
Bonds issue under the UAE local laws download
Companies have many different ways to raise financing — either by way of equity financing or by way of debt financing.
The additional rate of tax, which applies to taxable income above £150,000, has stood at 50% since it was introduced in April 2010.
Bonuses in the United Arab Emirates download
Employers often use bonus schemes as incentives to reward and retain valuable employees and this is usually the time of year when employers are reviewing performance and determining whether bonuses will be issued.
Briefing update on the draft high-value capital gains tax residential property legislation and consultation response download
The government wants to tackle those who it considers avoid paying tax by purchasing high-value residential property via corporate entities.
Managing partner, Muscat and Dubai offices
Managing partner, Cayman Islands
A brief overview of the Finance Bill 2013.
Head of regulatory and compliance
Following consultation with stakeholders about its new powers to wind up abandoned companies, on 8 November 2012 the Australian Securities and Investments Commission (ASIC) released a Regulatory Guide titled ASIC’s power to wind up abandoned companies.
Our lawyers in the business and finance group provide advice to clients on a range of commercial transactions including company acquisition, financing, joint venture or commercial contracts.
This briefing considers trademark law in the UAE by comparison to Cadbury’s successful trademarking of a shade of purple in the UK.
The High Court has recently considered whether express warranties in a share purchase agreement could also amount to representations by the sellers.
Did you know that most of the successful businesses in the Gulf are in fact family owned?
Taylor Wessing has one of the largest dedicated capital markets practices in Europe, with genuine cross-border capability and a strong presence in Asia and the Middle East.
The Curtis Capital Markets group counsels issuers, underwriters and indenture trustees in a wide range of public and private financings. We assist our clients with the financing process in the world’s established and emerging financial centres.
Our capital markets team advises clients on both equity and debt transactions. We have represented corporate, institutional, supranational and sovereign issuers in a wide range of transactions.
The firm has been engaged by companies to act as their legal advisers in their flotation on the Cyprus Stock Exchange and has acted on behalf of companies during their IPOs both in Cyprus and abroad.
We advise both companies, as issuers, and financial institutions, as managers and underwriters, on a broad range of equity and debt offerings in the Finnish and international capital markets.
Bowman Gilfillan is the adviser of choice for many of the local and international issuers.
Mayer Brown has announced that capital markets tax attorney Mark H Leeds has joined the firm in New York as a partner in the Tax Transactions and Consulting practice.
The first surrender date under Australia’s Carbon Scheme is fast approaching, with the interim surrender date now only four months away.
The Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is now well under way but confusion still reigns over the application of many areas of the scheme.
Cargo interests brought a claim under the bills of lading in relation to a heavily rusted cargo of steel pipes. The pipes were in fact rusty on shipment, but the bills of lading contained a standard form RETLA clause (named after the US case, Tokio Marine & Fire Insurance v Retla Shipping), on which the owners sought to rely in order to defeat the claim.
Managing partner, London office
The court has sought to establish the duties of directors of Cayman Islands open-ended funds.
Cayman Islands IP law revision download
The Cayman Islands has enacted the Patents and Trade Marks Law 2011.
The regulatory regime in the Cayman Islands requires certain open-ended investment funds to register with the Cayman Islands Monetary Authority (CIMA) as regulated mutual funds.
Chadbourne promotes four attorneys to counsel in New York and Washington DC.
Chadbourne has represented AES in the sale of its interests in two Ukrainian power companies.
Chadbourne has acted as counsel on three Project Finance Magazine Deals of the Year.
Chadbourne and Parke partner Abbe David Lowell has received the 2013 White Collar Criminal Defense Award.
Chadbourne & Parke represented the North American Development Bank (NADB) and Banco Mercantil del Norte (Banorte) on a US$130m project in which Compañía Eólica de Tamaulipas, SA de CV (CETSA) will construct a 54MW wind farm in Reynosa, Tamaulipas.
Chadbourne has represented Geopark Holdings Limited in a $300m US bond offering.
Chadbourne and Parke represented World Fuel Services Corp in the acquisition of select assets of Multi Service Corporation.
Chadbourne’s Alpert is named ‘All-Star MVP’ in the BTI Client Service Law Firm All-Stars 2013 survey.
The changes brought by the revised Energy Performance of Buildings (England and Wales) Regulations 2012.
Changes to European prospectus regime: will it be easier for US companies to operate employee stock plans in Europe? download
Recent amendments to the European prospectus rules may make the operation of certain employee stock plans in Europe by multinationals listed in the United States cheaper and more straightforward.
Recent amendments to the European prospectus rules may make the operation of certain employee stock plans in Europe, by multinationals listed outside Europe, cheaper and more straightforward.
Changes to Hong Kong’s false market avoidance regime impact issuers and guarantors of listed debt securities download
Details of changes to Hong Kong’s false market avoidance regime, and their impact on issuers and guarantors of listed debt securities
Changes continue to be introduced to HR Regulation in many of the Asian jurisdictions in 2011.
The government has just announced its plans to revise the UK’s collective consultation regime.
The prospectus regime is being amended throughout Europe.
Mourant Ozannes looks at the main issues for a retailer to consider when taking on a lease in Guernsey and Jersey.
Manslughter charges dropped against organiser of Taunton Rugby Club firework display.
Children and Families Bill 2012/13 download
The UK government has been considering changes to family-friendly rights. In early February 2013, the proposals came one step closer to becoming reality with the introduction of the Children and Families Bill 2012/13.
China strengthens auto recall rules download
China’s Auto Recall Regulations 2012 officially came into effect on 1 January 2013.
The PRC Ministry of Land and Resources has recently released the revised Rules on the Disposal of Idle Land.
The Standing Committee of the National People’s Congress passed a new Exit-Entry Administration Law on 30 June, 2012, representing the first overhaul of China’s immigration law since 1986.
The National Development and Reform Commission has started 2013 with a bang.
Christine Tacon has been appointed to the newly created role of independent Groceries Code adjudicator.
Winckworth Sherwood has announced the winners who have won £100 for their nominated charity.
Managing partner, Hong Kong
The China Insurance Regulatory Commission (CIRC) issued the Circular on Issues relating to Investment of Insurance Funds in Equity and Real Estate on 16 July 2012
The Court of Justice of the European Union has handed down its keenly awaited judgment in SAS Institute Inc. v World Programming Ltd.
A recent case has demonstrated the importance of clarity in the compromise agreements reached during dispute resolution.
The United States has enacted a new round of sanctions on Iran targeting non-U.S. companies that are conducting business with Iran related to shipping, shipbuilding, insurance, and metals.
German law offers numerous alternatives for pursuing entrepreneurial activities. The corporate legal forms available for this purpose are for the most part defined in German statutory regulations which may be modified by contractual provisions to a greater or lesser extent.
Our team is advising across a range of climate change and clean energy matters.
A voluntary “Code of Good Practice” on Incentive Exercises (the “Code”) has been published by a Working Group drawn from organisations across the pensions industry.
Collaborative family law is a dignified and cooperative approach to negotiating, in which the commitment of the parties and their lawyers is to achieve a settlement that is as suitable as possible for all parties concerned.
Government cuts large-scale collective redundancy consultation period to 45 days.
The general rule of the newly adopted Law on the Terms for the Settlement of Monetary Obligations in Commercial Transactions is that all payments between business entities have to be settled within 60 days.
Opinions on Several Issues Concerning the Implementation of the Regulations on Work-related Injury Insurance (Consultation Draft) has been released to solicit public comments.
We can deal with commercial and contractual matters covering a broad spectrum of our clients’ business transactions and in doing so we provide each client with the right person for their particular matter, whilst retaining an efficient degree of continuity.
Addleshaw Goddard has one of the most experienced teams of commercial lawyers in the country incorporating expertise in IP, sport, defamation, IT and business process outsourcing, commercial contracts, brands and designs, data and information and competition and procurement.
We assist our clients as they operate, regulate and grow their businesses, helping them to manage their existing commercial relationships, form alliances and expand into new markets.
Walker Morris’s Commercial Group is one of the largest commercial teams outside London. We offer a formidable legal resource blending the technical and commercial skills necessary to deal with complex, innovative and practical legal and commercial issues, whether as one-off transactions or as part of ongoing business relationships.
With more than 200 corporate and commercial lawyers worldwide, we have a team with the breadth and depth of experience to deal with almost any commercial matter, national and international
Our commercial and corporate lawyers are known for their responsiveness, their value for money and their pragmatism.
Responding to market demands for an integrated approach to serving clients, we have created a regional practice group composed of leading corporate, IP and regulatory lawyers that are fully briefed on the latest developments.
We provide commercial contract support for in-house legal teams and also handle major projects and business-critical contracts for companies across sectors. The team has dedicated commercial lawyers who at any one time will be working on deals ranging from straightforward agreements to complex multi-party projects spanning multiple jurisdictions.
Robust commercial contracts are central to the success of all businesses. We understand that at Shoosmiths. That’s why we have one of the largest dedicated commercial law teams in the UK.
Commercial contracts work is at the heart of the firm and its reputation; we take pride in being at the leading edge, rather than playing a supporting role in transactions.
Ince & Co has a global reputation for the astute handling of commercial disputes. More than 80 partners and 150 associates specialise in dispute resolution.
Our lawyers have extensive experience in negotiating, drafting and concluding complex and often sensitive commercial contacts for a broad range of clients.
The Curtis Commercial Litigation and Arbitration group represents domestic and international clients in state and federal courts throughout the US and in arbitral tribunals in venues throughout the world.
Bowman Gilfillan offers specialist advice in relation to all commercial property transactions.
Since its inception nearly 200 years ago, Curtis has been a leader in the commodities sector, advising some of the world’s largest public and private enterprises in the three major commodities sectors: metals and mineral, agriculture and energy.
Community Infrastructure Levy (“CIL”) is a form of tax levied by a local planning authority or public body e.g. the Mayor of London, (a “charging authority”) on commencement of development of land.
Grant Thornton focuses on compensation for compulsory purchase.
Bowman Gilfillan is a leader in the field of competition law and has been consistently included in the GCR 100.
Karanovic & Nikolic offers a complete range of competition-law-related services across the jurisdictions of Bosnia and Herzegovina, Croatia, Macedonia, Montenegro and Serbia.
We assist our clients in securing approvals from the competent regulating authorities for mergers, acquisitions and joint ventures.
We advise on all aspects of competition law, with a focus on merger control, abuse of dominant market position, distribution systems and cartel investigations. We also advise across all regulated industry sectors on a broad range of matters.
Our Competition & Regulatory team comprises lawyers across our European network, all with experience in acting for clients dealing with competition or regulatory authority investigations and litigation, as well as compliance issues.
The Competition Commission for the COMESA region is now operational and has started receiving merger notifications.
The Office of Fair Trading (OFT) has announced fines of £2.6m for Mercedes-Benz and three of its commercial vehicle dealers.
OFT investigation into suspected anti-competitive conduct in the construction training services sector may have trade association focus.
Our Competition, EU and Trade practice covers every aspect of competition law, from mergers and acquisitions, cartels and anti-competitive behaviour to compliance programmes and competition law audits, sector inquiries, distribution arrangements and pricing systems.
Leading corporates come to King & Wood Mallesons’ competition team for our record of success in resolving complex competition issues.
In two recent judgments, the European General Court (the General Court) has provided insight into the vexed question of just how far a competition authority can go when it carries out a “dawn raid”.
Compliance clarified: February 2012 download
Briefing from Nabarro on changes at the Financial Services Authority, European investment law and more.
In recent years, there has been an increasing acceptance that if break clause conditions are too broad, it makes the break in any real sense unworkable, or at least easily open to challenge.
Consensual disposal: osteopaths download
The General Osteopathic Council is undertaking a consultation process into the use of ‘consensual disposal’.
The Decision on Strengthening Network Information Protection was promulgated by the Standing Committee of the National People’s Congress and came into effect on 28 December 2012.
The licensing of trademarks is an essential component of various commercial agreements facilitating business operations in the UAE.
The cost and complexity of construction contracting has increased dramatically. Whether you are struggling with an ailing project, seizing a fresh opportunity to build in a new market or working with innovative designs, your success depends on getting strategic advice that supports your plans and mitigates risk.
A practical guide for construction contractors facing the insolvency of developers, covering contract law, copyright and other issues.
Shoosmiths’ construction and engineering team advises on all aspects of legal construction matters, from strategic advice on procurement and institutional and market expectations at project inception to contentious aspects of projects during and after the completion of a project.
The Construction & Engineering practice is internationally recognised as a heavyweight player in all aspects of transactional construction as well as in dispute avoidance and resolution.
Our construction and engineering team is one of the largest and best known dedicated construction and engineering law firms in the UK.
The Information Commissioner’s handling of the blacklisting of construction workers scandal is under scrutiny in Parliament.
The European Commission has launched a consultation on its proposal for revisions to the Technology Transfer Block Exemption and the Technology Transfer Guidelines.
Since 26 May 2012 most web site operators must now ensure that they obtain the consent of anyone visiting their website before placing cookies on the visitor’s computer.
Our Copyright & Media Law practice is recognised for its leading industry experts who have extensive experience in all aspects of copyright and media law.
Our 200-strong international corporate practice has its finger firmly on the market pulse and is highly skilled at devising innovative solutions that will help overcome the obstacles your business is facing.
Addleshaw Goddard’s Corporate Division offers an impressive track record of leading expertise in the UK. The division deals with all aspects of corporate law.
Hogan Lovells’ corporate team comprises more than 1,000 corporate lawyers located in the world’s major financial centres.
Olswang’s Corporate Group advises on a broad range of corporate finance and mergers and acquisitions transactions.
The issues facing today’s businesses and entrepreneurs are broadly the same, but the solutions rarely are. We can advise you on all the legal aspects of your corporate and business life.
With an upsurge in global corporate transactions, companies must continually position themselves to access markets and technology, improve margins and reduce their exposure to risk.
Comprehensively covering all corporate legal services, Karanovic & Nikolic’s corporate department plays a pivotal role in providing legal advice to many clients.
Our corporate group is led by a team of partners widely regarded as leaders in their field and who are regularly recommended by clients and intermediaries.
Corporate work is at the heart of our practice. We advise on the laws of the BVI, Cayman Islands, Guernsey and Jersey and on which of these jurisdictions is most appropriate for a particular transaction.
The ethos within the Corporate Group at Walker Morris is to create value for clients by investing the time to understand their businesses.
Our corporate practice has a demonstrable record for high-value, complex and world-class deals.
Corporate law is one of King & Wood Mallesons’ core practices.
Our corporate group will be able to advise you on how to achieve your business objectives.
The firm’s corporate lawyers represent clients at every stage of development, from start-up companies operating domestically to private and publicly traded companies, joint ventures and sovereign-owned entities transacting business worldwide.
Appleby’s corporate and commercial lawyers are part of a truly international practice operating from our offices in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Hong Kong, the Isle of Man, Jersey, London, Mauritius, the Seychelles and Zurich.
We advise clients on all aspects of company law, including matters related to annual and extraordinary general meetings of shareholders.
Our team has the skills, experience and resources to provide assistance on all aspects of corporate transactions and commercial contracts.
Bowman Gilfillan has been a leader in the South African market for corporate law services for more than a century.
Corporate and securities law is at the core of Mayer Brown’s practice in every one of its offices worldwide.
Corporate insights: February 2013 download
Last year saw a lacklustre IPO market in Hong Kong. Listings of equity securities dropped from a peak of 106 new listings in 2010 to 50 new listings on the Main Board in 2012.
Our dedicated commercial law team is geared to provide full and high-level support on all stages and levels of our corporate clients’ business expansion.
Our Corporate Law, Mergers & Acquisitions practice offers comprehensive legal services on the full spectrum of corporate transactions.
Corporate Manslaughter and Corporate Homicide Act 2008: application and effect of the legislation download
Following the third conviction and sentence for an offence contrary to s1 Corporate Manslaughter and Corporate Homicide Act 2008, even now we have only a slightly better insight into the application and effect of the legislation.
An update on issues in corporate law, covering acquisition agreements, insurance-linked securities and the general economic climate in Europe.
Monthly update on issues in corportate law, covering acquisitions, international dispute resolution and investment in Ukraine.
Corporate update: February 2012 download
Analysis of changes to executive remuneration policy, changes to market listing rules and trouble in the eurozone.
The Office of Fair Trading (OFT) is increasing the stakes for breaching competition law with harsher penalties.
In a unanimous decision for the Federal Trade Commission (FTC), the Supreme Court found that the state action immunity doctrine does not shield Phoebe Putney Health System’s acquisition of Palmyra Park Hospital from antitrust scrutiny.
CPP - FSA record retail fine shows inherent product flaw just as serious as method of (mis)sale download
The FSA has fined Card Protection Plan Limited (“CPP”) £10.5m (reduced from £15m for early settlement) for breaches of Principles 3, 6 and 7.
Partner, Cape Town
The government’s Autumn Statement confirmed that the CRC Energy Efficiency Scheme (CRC) will be retained in a simplified form, rather than abolished.
Curtis’s criminal defence and government investigations group represents clients in criminal and civil investigations and enforcement actions by federal and state prosecutors and regulators.
The Companies Bill recently passed in the Legislative Council renders auditors criminally liable if they knowingly or recklessly omit certain information from their reports.
Globalisation of the world’s markets has brought limitless opportunities for international commerce, connecting people, products and businesses the world over. As work becomes increasingly borderless, so too has the potential for legal liability, exposing multinational corporations to financial and reputational risk across multiple jurisdictions.
This briefing is a wide ranging report based on research and interviews with leading figures in the energy industry and considers the state of the market one year on.
Curtis, Mallet-Prevost, Colt & Mosle has announced that Gregoire Andrieux of the international law firm’s Corporate practice group has been promoted to partner. He is based in Curtis’ Paris office.
Curtis, Mallet-Prevost, Colt & Mosle has announced that Peter J Behmke has been elected a partner of the international law firm.
Curtis transactions has received 12 nominations across nine categories at the 7th Annual M&A Advisor Turnaround Awards.
Managing partner, Jersey
Managing partner, Washington DC office
Shoosmiths’ data protection team has a wealth of experience advising clients on data protection compliance issues and broader privacy laws.
Data protection presents both rights and obligations. We assist our clients in upholding and adhering to both.
One bank employee is going to be on Santa’s naughty list this year after a court found her guilty of data protection offences earlier this month.
A survey has found that a significant number of UK schools do not have a policy in place for handling personal data.
Welcome to the February edition of Stephenson Harwood’s Data Protection Update, a regular bulletin on key developments in data protection and privacy law.
Partner, London, and co-chief executive officer
Chief executive officer
Head of commercial dispute resolution
In the current market and fragile economic climate you may be concerned about the commercial viability of your customers and suppliers and the impact that a corporate failure may have on your business.
Our Recoveries Services Group provides a complete range of debt recovery services utilising cutting-edge technology and with specialists dealing with different debt types.
December 2012: Pensions update download
An overview of legal issues facing the pensions sector in the new year.
The decision of the German Federal Supreme Court regarding illiquidity and imminent illiquidity.
Associate, corporate — arbitration
Grant Thornton releases de-risking market quarterly update: Q4 2012
The IPO has produced an impact assessment that will lead to the repeal of Section 52 of the Copyright and Designs Act and Patent Act of 1988.
The Commercial Court has applied a narrow construction in this case to a laytime exclusion clause in respect of time lost at the load port.
The UAE has witnessed an exponential growth in the development of building and infrastructure projects over the past decade.
Effective patent litigation strategies need to reflect the realities of global competition.
Dietetic products – New rules download
New amendments to the Regulation on Health Conformity of Dietetic Products have entered into force on 28 May 2012.
Directors' and officers' duties download
This summary provides an overview of the obligations of directors of unlisted Australian companies.
Directors need to consider the interests of shareholders when running the company.
Finding a path between conflicting interests that affect the company is a challenge directors must meet.
The range of options for a Jersey company that is in financial difficulty is relatively limited.
The definition of ‘director’ under the Companies (Jersey) Law 1991 is, paradoxically, both straightforward and circular.
The law is specific that a director must act ‘with a view to the best interests of the company’. Identifying what this means is more difficult.
Directors’ indemnities and D&O cover download
In the current economic climate, directors must be prepared for the unpleasant possibility of claims for personal liability being brought against them.
A string of recent, high-profile enforcement actions by the FSA has highlighted the risk for companies and financial advisers of improperly disclosing inside information.
Simmons & Simmons was named as winner of the Legal Innovation in Dispute Resolution category in 2011 and 2010 and the winner of Innovation in Anti-bribery and Corruption. FT Innovative Lawyer Awards.
We take a commercial approach to dispute resolution, aiming to avoid to litigation but pursuing it with focus and rigour when it becomes inevitable.
With litigation lawyers across our offices in Bosnia and Herzegovina, Croatia, Macedonia, Montenegro and Serbia, Karanovic & Nikolic are recognised by independent commentators as being one of the leading litigation practices in the region with a strong reputation for their commercial approach to resolving business disputes.
We know that our clients usually view litigation as a last resort. Our aim is to achieve commercial solutions to your disputes by giving effective and practical advice.
Our lawyers provide a full range of commercial litigation and arbitration services, many of which frequently involve international aspects.
Our dispute resolution group of 24 partners and 80 solicitors is designed to be able to provide a sector-based specialist for every dispute.
In addition to its deep understanding of Chinese litigation and arbitration procedures, King & Wood Mallesons’ dispute resolution team has extensive international experience.
Bowman Gilfillan’s attorneys are regarded as one of South Africa’s leading dispute resolution teams.
Our Dispute Resolution practice represents domestic and international clients at every level of the Luxembourg civil and commercial courts.
The Practical Law Company’s Multi-Jurisdictional Guide to Dispute Resolution 2012/13 features this extract on Luxembourg.
Sorting out the finances on divorce can be the most difficult part of a marriage breakdown to resolve.
Divorce: a brief guide download
Obtaining a divorce is not a complex matter. However, it does involve a rigid statutory procedure that must be followed.
DLA Piper has been advising the reconstituted supervisory board of LEG Immobilien AG in connection with the change in legal form and stock market flotation of LEG Immobilien AG on matters of equity and capital market law.
DLA Piper Ukraine has advised Europe Virgin Fund (EVF), a private equity fund, sponsored by Dragon Capital in set up of a joint venture with Ucrafarma SA.
DLA Piper global co-chairman joins business delegation to India.
Doing business in Australia download
Australia offers one of the safest and most business-friendly environments for foreign investors and multinationals in the world.
Businesses must be alive to cybersquatting.
Don’t let the raised bar trip you up download
On 15 April 2013, significant changes to Australian patent law will come into force
Defra is consulting on changes to environmental permitting regime.
The publication last month of the draft clauses to be included in the Finance Bill 2013 due to come into force this April confirmed the measures proposed for the taxation of high value residential property in the 2012 Budget.
The Dubai Court of Cassation has confirmed to the international society its determination and commitment to strictly complying with the New York Convention.
Identity protection in respect of the ownership of domain names is no longer an obstacle in litigation before the Dubai courts.
A Limited Liability Company as defined by Article 218 of the UAE Commercial Companies Law is a company in which the liability of its partner is limited only to the extent of their shares in the capital.
A tenant application for consent to assign a lease can sometimes prove a fractious affair and can strain relations between landlord and tenant.
E:gen newsletter focuses on offshore property joint ventures, permitted development rights and more.
Principal, corporate — arbitration
Goodman Derrick has announced that Edward Hoare has joined the firm as a partner in its Corporate Group.
Senior associate, litigation
Partner, chairman of the Asia board
The Curtis Electricity practice offers comprehensive legal services to the electricity sector from a global platform. Our attorneys represent sponsors, utilities, independent power producers, governments and financial institutions.
Welcome to the October 2012 edition of our Employee Incentives Update.
Welcome to the September 2012 edition of our Employee Incentives Update.
2012 has seen the Government take steps to encourage employee ownership which, according to figures released by the Department for Business, Innovation and Skills (BIS), has become increasingly popular.
Our team helps clients manage the legal, commercial and reputational risks associated with employment, OHS and industrial relations issues.
The Practical Law Company’s Multi-Jurisdictional Guide to Employee Share Plans 2012/13 features this extract on Luxembourg.
Employee shareholders: the basics download
Employee shareholder legislation is now making its way through parliament.
Bowman Gilfillan is one of South Africa’s leading employment law firms and has the largest employment law practice of its kind in South Africa.
Our expert lawyers deliver practical and commercial solutions to often complex employment issues.
Since no two people are alike, neither are two employees. We always address any employment issue as an individual set of circumstances, specific to our client.
Karanovic & Nikolic’s employment team provides a complete service dealing with all aspects of the employment relationship, from recruitment to retirement, including cross-border human resources and immigration issues.
We advise employers and employees, and understand workplace issues from both sides.
Mourant Ozannes’ employment team provides specialist employment law advice in the Cayman Islands, Guernsey and Jersey.
The employment world’s legal landscape is changing constantly, presenting a unique challenge for businesses and their HR teams. There is not much that our team of experienced employment specialists has not seen before, meaning we are well placed to deliver cost-effective commercial advice without the ‘legalese’.
The employment and benefits group at Mayer Brown has lawyers in key business centres across the US, Europe and Asia.
We advise clients on all aspects of employment law, ranging from contracts of employment, dismissals and redundancies and employment disputes.
The Employment and Labor practice at Curtis advises US, European and multinational companies on employment-related policies and programmes.
Our employment and pensions practice understands that employment and pension issues are often the most delicate and important a company has to face.
The employment and pensions teams at Walker Morris work closely together to provide a complete service for clients.
Employment and pensions legal update — Seldon: the end of the road for compulsory retirement age? download
The long awaited decision from the Supreme Court in the case of Seldon v Clarkson Wright and Jakes has resulted in Mr Seldon (a partner in the law firm, CWJ, forced to retire at 65) losing his appeal.
Employment lawyers and HR professionals expect 2013 to be a busy year.
An overview of developments in employment law in Bosnia & Herzegovina, Macedonia, Montenegro and Serbia.
2012 has been a very busy year in employment law, with significant changes to the law surrounding pensions, sick leave and paid holiday and the minimum wage.
Our Employment Law, Pensions and Benefits practice advises domestic and international institutional clients, originating in large part from the banking sector, on a range of day-to-day issues.
Since the introduction of the TUPE Regulations in 2006, customers and suppliers have generally taken a cautious approach to the new “service provision change” test, applying TUPE to most outsourcing situations.
Goodman Derrick LLP has acted for clients in the hotel and leisure industry for many years and the Employment Department recognises that this sector is heavily reliant on its staff.
Our Employment, Pensions and Benefits team advises on all aspects of employment and pensions law and employee incentive arrangements.
Employers have an ongoing need for advice, representation and in-depth knowledge of employment, reward and civil rights matters. The assessment and management of risk arising from the employment relationship is a key requirement for all organisations, wherever they are based or operate from.
Looking back over 2012, we have noticed a clear trend from the cases which emphasise the ability of employer and employee to set the terms by which they will agree to work together.
The energy practice area at Bowman Gilfillan is one of the most experienced in the country in the energy sector.
Our energy team of lawyers is able to represent clients throughout the energy sector, from national and international oil companies through to funders, investors and the government.
We advise on the specific requirements of the energy and natural resources industry and infrastructure-related matters.
As the energy industry sees an increased demand for the development of new energy infrastructure along with state-owned energy facilities increasingly passing into private hands, Karanovic & Nikolic is regularly called upon to provide effective legal advice in this area.
Members of our energy and offshore practice advise around the world, encompassing operations in all the major oil and gas centres.
Much debate has centred around whether sales of rigs or vessels using or based on the Norwegian Saleform 1987 or 1993 exclude the obligation on the seller to ensure that the vessel is of satisfactory quality and fit for purpose pursuant to the Sale of Goods Act 1979, as amended (SOGA).
An overview of developments in energy law in Bosnia & Herzegovina, Croatia, Macedonia, Montenegro and Serbia.
The enforcement of a foreign arbitral award is subject to progressive court fees.
The Commercial Court has confirmed the position that the insured losses caused by the 9/11 attack on the World Trade Centre arose out of two events and not one.
The Curtis entertainment practice has considerable expertise handling complex transactions in the sector.
We have a dedicated group of client-focused specialists in environment law.
Bowman Gilfillan is one of South Africa’s leading environmental law firms.
The Curtis Environmental group provides clients with practical, cost-effective solutions to the environmental issues that have become an increasingly fundamental part of business operations.
Mayer Brown’s environmental practice offers solutions for clients facing litigation and enforcement actions, compliance concerns or transactional matters.
Environmental, Social and Governance Reporting Guide to be implemented after 31 December 2012 download
An overview of the terms of Hong Kong stock exhange’s new Environmental, Social and Governance Reporting Guide and its ramifications for investors.
In September 2009, the European Commission published proposals to amend the Prospectus Directive with the aim of simplifying its application and increasing efficiency.
Hogan Lovells has prepared a roadmap of the key issues to consider when planning your listing in London.
The Government has published its response to Professor John Kay’s review of UK equity markets and long-term decision making, which focused on changing the perceived culture of short-termism in the equity markets.
The Curtis ERISA, Executive Compensation and Employee Benefits practice represents clients including national and multinational corporations and partnerships, corporate executives, boards of directors, single- and multi-employer plans and ERISA fiduciaries.
An overview of the legal and regulatory considerations when establishing a closed-ended fund in Guernsey.
An overview of the legal and regulatory considerations when establishing an open-ended fund in Guernsey.
Our EU and competition law team is well regarded for offering clear and commercially astute advice on the full range of competition law-related matters.
Our EU & Competition Law team has developed a wide practice in European law in relation to which it advises a broad range of clients at domestic and international level.
On June 6, 2012, the European Commission presented a draft directive on the recovery and resolution of credit institutions and investment firms.
EU Energy Efficiency Directive download
The Energy Efficiency Directive 2012 (EED) was brought into force on 4 December 2012.
EU Procurement Update — 11th issue download
This is the 11th issue of Procurement Update, a newsletter for those with an interest in public procurement law. In this issue, DLA Piper covers recent case-law developments in the UK and the EU and two new Cabinet Office Procurement Policy Notes.
Olswang’s media team considers the potential impact of reommendations from the EC HLG media freedom and pluralism report.
EU Regulation 261/2004 (Regulation) affords air passengers a right to compensation and assistance in certain circumstances in the event of flight delay, cancellation or denied boarding.
EU releases cybersecurity strategy download
The EU Commission has published its proposal for a European cybersecurity strategy, together with a draft directive for consideration by the EU Parliament.
Through our network of international offices, our EU, Competition and Regulatory International Practice Group is able to provide clients with a comprehensive and integrated service.
Our team provides expert advice on EU/competition matters and disputes across a broad range of sectors.
An overview of the legal ramifications of the EU’s Model Leniency Programme for businesses.
Clearwell enables CMS Derks Star Busmann to prevent the inadvertent disclosure of non-relevant data and to meet the NMa regulatory deadline for its clients’ privileged review.
With the Eurozone crisis continuing to dominate the headlines of every news outlet across the EU-27 and globally, you can’t help but feel a sense of almost panic and despair in Brussels over how to cure the many issues that remain in the Eurozone crisis.
As the European financial crisis continues to evolve, serious concerns have emerged about the possibility of Greece, and potentially other countries, exiting the eurozone.
Excessive director remuneration download
Section 994 of the Companies Act 2006 gives the shareholders of a company the right to issue proceedings against that company where they feel that the company has been or is being conducted in a manner that is unfairly prejudicial to the shareholders.
DLA Piper’s Financial Services International Regulatory team welcomes you to the 27th edition of ‘Exchange — International’.
A recent Court of Appeal case has highlighted the pitfalls when trying to rely on exclusion clauses.
Coming reforms intend to ‘strengthen the hand of shareholders to challenge excessive pay’ and include the introduction of a binding vote on a company’s future pay policy.
Electrical and electronic equipment (EEE) often contains hazardous substances, such as lead, cadmium or mercury.
The action Lord McAlpine is reportedly taking against Twitter users for falsely suggesting he was involved in child sex abuse reveals a number of “myths” about the legal responsibility in England for false and defamatory tweets and other statements on social media.
The government has announced changes to permitted development rights.
Our long-established and highly experienced family team complements our private client department by providing you with discrete expert advice when either you or a member of your family is experiencing a life-changing event.
Fashion lawyers are en vogue download
There is an increasing number of lawyers specialising in so-called ‘fashion law’.
Fashion: Law a la mode Autumn 2012 download
Legal issues in the fashion industry, including strategies against copyright infringement and counterfeiting, as well as an overview of recent controvewrsies concerning transfer pricing.
Who constitutes a ‘foreign official’ under the FCPA?
Companies could face FCPA liability under principles of parent-subsidiary and successor liability.
Global director of human resources
Fidelity policy download
In this briefing, the claimant is a money exchange company and the defendant an insurance company.
Hot on the heels of the release of the FSA discussion paper on the Alternative Investment Fund Managers Directive (AIFMD), the European Securities and Markets Authority (ESMA) recently published a short discussion paper tackling some of the key issues on scope.
Hogan Lovells’ finance practice is consistently rated as a market leader by respected legal directories, including Chambers Global and Legal 500, and by trade publications such as International Financial Law Review and Trade Finance Magazine.
At Olswang, we provide senior-level expertise to clients who raise or lend funds in the debt or capital markets. We understand the markets and offer pragmatic and commercially astute advice.
We understand that our clients face ever-greater challenges and opportunities as the global economy evolves. Our goal is to offer you the best possible representation to help you achieve the best outcomes for your business.
The Curtis finance group represents borrowers and issuers, as well as lenders and investors.
Addleshaw Goddard has one of the leading finance practices in the UK market, incorporating expertise in banking, projects including PFIs and PPPs, restructuring and insolvency and aviation.
The draft Finance Bill 2013, published on 11 December, includes a cap on the amount of income tax relief that tax payers can receive, where the relief itself is not already capped.
The draft Finance Bill published last week includes a number of provisions and changes in respect of the taxation of residential properties valued over £2 million (so called “high value” residential properties) which are acquired and owned by companies and certain other nonnatural persons.
Our financial services and regulatory practice draws together our expertise on the conduct of regulated financial services, insurance and banking business in the BVI, Cayman Islands, Guernsey and Jersey.
The Government recently published the Financial Services Bill (the Bill), together with a new approach document.
Our team provides expert ongoing advice on ever-evolving financial services regulation.
Mayer Brown’s global financial services regulatory and enforcement practice provides solutions for firms operating in today’s complex regulatory environment.
The Trade Union and Labour Relations (Consolidation) Act 1992 (Amendment) Order 2013 is expected to come into force on 6 April 2013.
Bowman Gilfillan has a dedicated forensic, compliance and white-collar crime practice area.
On Friday the High Court handed down its decision in relation to the long running access dispute between Fortescue Metals and BHP Billiton and Rio Tinto over access to BHP Billiton’s and Rio Tinto’s iron ore railways in the Pilbara.
In late December 2012, the High Court heard the appeal in Clark v In Focus Asset Management and Tax Solutions Limited.
Group chairman and managing partner, Hong Kong
It is time for employers to re-examine every step of the Chinese employment process and how it is handled, from hiring to firing, to avoid costly mistakes.
A guide to Australian employment law, covering discrimination, entitlements, redundancy and more.
A guide to Hong Kong employment law for employers.
The FSA published the first of two consultation papers on implementing the Alternative Investment Fund Managers Directive (AIFMD). This briefing sets out more detail following our recent alert.
The FSA published the first of two consultation papers yesterday, setting out how the Alternative Investment Fund Managers Directive (AIFMD) will be implemented in the UK.
The Financial Services Authority (FSA) recently published Consultation Paper 12/2 (CP) on 26 January 2012 setting out proposals for a range of changes to the Listing Rules.
On 14 February 2013, the Financial Services Authority (FSA) released a Final Notice against Nestor Healthcare Group.
FSA sanctions in team move cases download
In Spring 2010, we published an Update on the Tullett Prebon Plc v BGC Brokers LP case.
The FTC has issued an advisory opinion approving Norman PHO’s clinical integration model.
The European Commission has yet to define how state aid for film funding will change with the review of the Cinema Communication.
Funds and fund structuring are a major part of our practice and one of our fastest-growing areas.
Australian and offshore fund operators, investors and providers depend on King & Wood Mallesons’ full-service capability.
Mourant Ozannes has an international reputation in offshore investment funds.
Our funds and indirect real-estate team is acknowledged as a leader in the indirect sector.
Managing partner, Milan office
Managing partner, Guernsey
The firm maintains a strong litigation department offering support to clients before the Cyprus courts at every level.
Gifts out of surplus income download
Most people will know that they are entitled to give £3,000 in any one year (or £6,000 if they have not made a gift in the previous year) without there being any inheritance tax implications.
The provision of gifts and hospitality to public officials has recently been the subject of a number of news stories in the Serbian media.
Managing partner (France)
Chadbourne & Parke LLP is pleased to announce that it has been named in Global Arbitration Review’s GAR 100 survey.
Global energy industry review download
A review of issues facing the energy industry, focusing on the shift from coal to gas generation, and the state of play in Iraq, Angola, Brazil and Nigeria.
Key global leaders
Key global practice group leaders
Goodman Derrick has announced that Simon McLeod and Paul Webb have joined the firm as partners in its corporate department.
Goodman Derrick has announced the arrival of Stephen Hornsby as a partner in its dispute resolution department.
Goodman Derrick has completed on Chime Communications’ acquisition of Lord Coe’s 93 per cent interest in CLG.
Goodman Derrick partner John Wright is set to host two workshops for Chartered Institute of Arbitrators.
Goodman Derrick and Scottish law firm Levy & McRae have announced two reciprocal consultancy appointments.
Government departments, agencies and statutory authorities rely on King & Wood Mallesons for their most complex legal issues and strategic advice.
On 8 October 2012, the Chancellor of the Exchequer announced plans for the introduction of a new form of employment relationship – the “employee-owner”.
The government will begin consulting on proposals to simplify the pensions auto-enrolment process in March 2013.
The government is set to reduce the collective redundancy consultation period to 45 days.
Our Government Regulatory practice utilises the skills of lawyers across the US, Europe and Asia who have significant experience in heavily regulated public sectors.
Mayer Brown’s government relations practice helps shape policy, legislation and regulations in the US, Europe and around the world.
The government has published its final response to the Copyright Consultation.
Chief financial officer
Guernsey Foundations download
The basic structure of a Guernsey foundation may feel very familiar to those accustomed to dealing with private foundations in other jurisdictions.
An overview of legal issues in dealing in real estate in Hong Kong.
Head of corporate
Partner, Turku office
We give expert commercial advice on health and safety issues.
Helping recovery in the IPO markets download
A number of year end reports have drawn attention to the falling number of companies coming to market for the first time over the last five years – in London, by more than half.
Here comes Erbil download
The devastating effects of the 2003 Iraqi War, subsequent sectarian violence and struggles for power have complicated efforts to promote foreign investment, economic growth and reconstruction efforts in the country thought to hold the “cradle of civilization”.
No workable solution has yet been found to the flood insurance question.
The High Court has confirmed that so-called ‘follow on’ damages actions brought under section 47A of the Competition Act 1998 may be based on the tort of conspiracy to use unlawful means.
Following the case of Robinson Family Ltd v HMRC, HM Revenue & Customs have been forced to retreat from their long standing position that the grant of an overriding lease does not amount to a transfer of a going concern.
Hogan Lovells has advised the members of the ad-hoc committee of bondholders of Sino-Forest Corporation (Sino-Forest) and the newly formed entity Emerald Plantation Group Limited (NewCo) on the implementation of a Plan of Compromise and Reorganization (the Plan).
Hogan Lovells advised the Schroder UK Property Fund on the development and leasing of five care homes in Suffolk. The deal was signed on 20 December 2012.
Hogan Lovells has advised Vietnam Airlines on the ECA financing of five Airbus A321 aircraft, which closed on 8 December 2012.
Gary Veron has joined Hogan Lovells’ government regulatory practice as a partner in the Washington, DC, office.
Hogan Lovells has released its weekly newsletter on UK employment matters.
Hogan Lovells Lee & Lee has advised on the project financing of the Fujairah Oil Terminal.
Rod Freeman, a partner at Hogan Lovells, has commented on the European Commission’s proposals for reform of the General Product Safety Directive (2001/95/EC) — or GPSD — describing the measures as being of an ‘evolutionary nature’ while having ‘important practical implications’ to those who manufacture, distribute or sell products.
Hogan Lovells has announced that Jeffrey N Shane will assume the role of general counsel with the International Air Transport Association (IATA) in Montreal starting in April.
A Hogan Lovells team has represented Kingdom Holding Company in a transaction including 360Buy.
After years of consultation and debate, and in the face of continuing opposition from many business sector representatives, Hong Kong is finally on the verge of enacting its first cross-sector competition law.
Hotel Cipriani has succeeded in its latest round of trademark litigation.
How do you apportion a claim under a liability policy? The answer, according to the Court of Appeal, is you don’t.
How to benefit from auto-enrolment download
Auto enrolment will require all employers to automatically place their employees into a pension scheme and contribute towards it. There are detailed rules about what needs to happen and the deadlines for compliance. Planning ahead will pay dividends and could help employees see the amendments to their pension arrangements as a positive change.
Employers and their Human Resources advisers face constant difficulties in trying to avoid potential pitfalls posed by current employment and discrimination law.
The Lofstedt Report has recommended that the HSE be given a stronger role in directing local authority health and safety inspection.
Our firm deals with employment matters including lawsuits for the claim of due payments, compensation for unfair dismissal and any other benefits on behalf of our clients, employers or employees.
King & Wood Mallesons is the only large commercial law firm in Australia with a dedicated human rights practice.
IBM trustee success in rectification claim: active members entitled to an unreduced early retirement pension download
In a case brought by the trustee of the IBM Pension Plan (advised by Nabarro partners Jennifer Bell and Neal Gibson) the High Court has ruled that the scheme documents should be rectified to confirm that active members have a right to retire without employer consent from age 60.
Wakala contracts are agency agreements that are widely used in Shari’ah compliant Islamic finance transactions.
There is a widely held view that lawyers will do anything for money and nothing without it.
Ince & Co has advised on the formation of Epic Pantheon International Gas Shipping Ltd.
Ince & Co has advised the banks arranging a US$250m loan facility to Hoegh LNG, financing the construction of a floating storage and regasification unit (FSRU) to be delivered for the Klaipedos Nafta FSRU project in Lithuania.
Ince & Co sponsors London International Shipping Week
Ince & Co has announced the appointment of corporate insurance partner Richard Britain, who joins the firm as head of our corporate insurance practice.
Judgment deals with recoverability of costs of an arbitration as damages in a series of arbitration references.
This month’s round-up of developments affecting the consumer credit industry.
King & Wood Mallesons comments on a case where an indemnity agreement for a work-related injury was revoked for obvious unfairness.
This report shows how working with TyMetrix has enabled four international organisations to better understand their spend with external counsel and make significant savings on legal advice.
The Infrastructure Development practice counsels clients worldwide on the full range of corporate, financial and regulatory issues affecting their respective industries.
Inheritance tax update download
The Treasury has announced that the Nil Rate Band of £325,000 — the current amount of an estate that can be inherited tax free — is to remain the same until 2019 and will not increase in line with inflation.
Our insolvency and restructuring practice draws together banking, corporate, insolvency, investment funds, litigation, regulatory and restructuring expertise from the BVI, Cayman Islands, Guernsey and Jersey.
Insolvent liquidation download
This note provides a short summary of the two formal insolvent liquidation processes.
Central to our commercial insurance work is our investment in clients and the effort we put into understanding their needs and problems. We will strive to find you practical and business-like solutions, because litigation in any dispute should always be the last resort.
Our insurance team specialises in advising on the establishment, regulatory compliance and business operations of insurance and reinsurance companies based in the Cayman Islands, Guernsey and Jersey.
Bowman Gilfillan offers insurance expertise in both the dispute resolution and corporate departments.
Ince & Co has worked with the insurance and reinsurance markets for more than 100 years.
The lawyers within our Insurance and Reinsurance Law practice advise insurance and reinsurance companies as well as insurance intermediaries on all regulatory matters relevant to their businesses.
Liability insurers need to be aware of the US Supreme Court’s decision in The Catholic Child Welfare Society and others v Various Claimants and the Institute of the Brothers of the Christian Schools  UKSC 56, which represents a further development in the law of vicarious liability.
Insurance e-brief: November 2012 download
The objective of this e-brief is to provide short and focused summaries of legal developments of interest to insurance professionals in the UK and elsewhere.
This month’s round-up of developments affecting the insurance industry.
This month’s round-up of developments affecting the insurance industry.
We undertake the task of securing and registering trademarks in Cyprus and Greece, as well as with the centralised agency of the European Union based in Alicante, Spain.
We give our clients legal assistance with regard to copyright, trademark and other intellectual and industrial property rights issues.
Innovators rely on Mayer Brown to help protect, preserve and enforce their intellectual property assets.
The King & Wood Mallesons IP team is among the largest and most highly regarded practices in China.
Combining careful planning with good judgement to help you protect your intellectual property.
We represent clients on the creation, development, exploitation and enforcement of all forms of intellectual property.
The firm’s intellectual property attorneys advise private and publicly traded businesses in a wide range of sectors.
We work closely with our clients to ensure that they maintain the right protection to safeguard their intellectual capital, develop their businesses or protect their creative work and, where appropriate, to secure the enforcement of their rights against unauthorised use.
Our intellectual property group helps drive your business growth by protecting and leveraging your ideas and innovations, your brand and your creative works.
We are recognised as being one of a small handful of go-to firms for intellectual property in Europe and Asia.
Our mission is to safeguard and enhance our clients brands and reputations. Through our expertise, we strive to reduce the time our clients spend dealing with problems in order to achieve their desired result, thereby increasing the value of their brands.
Karanovic & Nikolic’s IP team brings together leading intellectual property lawyers, commercial and corporate lawyers to provide a full service to clients across the jurisdictions of the former Yugoslavia: Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro, Serbia and Slovenia.
DLA Piper’s Intellectual Property and Technology practice is one of the largest groups of IP lawyers in the world. Nearly 400 lawyers develop asset management and protection strategies designed to help clients manage risk, continue growth and protect market share around the globe.
Simmons & Simmons is a full-service intellectual property practice providing clients with an unparalleled level of expertise and service.
The Intellectual Property Department at Walker Morris has established a truly seamless one-stop service for clients, advising on all types of contentious and non-contentious matters, including licensing, merchandising and securitisation, patent and other IP litigation, and research and technology collaboration.
This is a short guide to some of the key legal developments for intellectual property and data protection in 2013.
Focusing on the Asia Pacific region, we discuss some of the key issues to consider when taking your business online.
The Curtis Intellectual Property Litigation team combines the skills of seasoned trial lawyers with the technical expertise of registered patent attorneys and Ph.D-level advisers.
This case provides a useful analysis of certain circumstances in which a banking deal can be done.
Attorneys in the Curtis Internal Investigations practice advise companies investigating potential issues of misconduct within their own organisations.
The Curtis international arbitration group represents clients from both the public and private sectors, and is active in both commercial and investor-state arbitration.
Cross-border disputes are increasingly common, involving different cultures, legal systems and business concepts. They are often complex, time consuming and costly.
The treatment of intellectual property licenses under US bankruptcy law
The firm provides regional and international support to ship owners, cargo interests, insurers and P&I clubs, as well as bankers dealing with the shipping industry.
The Curtis international trade group provides clients with practical solutions to global trade, international investment, market access and export control issues.
Our international trade practice helps open markets and resolve trade disputes.
Globalisation has fuelled a rapid increase in cross-border trade and investment. To compete in today’s challenging economic climate, companies must navigate an evolving set of international, national and local trade rules and polices.
Ince’s international trade and commodities group has for many years been a leading provider of legal services to the world’s major commodity trading companies.
Mourant Ozannes’ International Trusts & Private Client practice group (ITPC) is led from the firm’s London office by former barrister and international trusts litigation specialist Douglas Close.
Al Tamimi & Company’s Hassan Arab, deputy managing partner and regional head of litigation, and Rita Jaballah, partner of dispute resolution, have been recognised as leading asset recovery lawyers in the 2012 International Who’s Who of Business Lawyers.
Introduction to employee-ownership download
Businesses can engage people to work for them on many different terms. They may have full-time, part-time or fixed-term employees, workers or self-employed individuals.
This month’s round-up of developments affecting banks, wealth managers, brokers and funds.
Our investment funds practice area serves the whole investment management value chain. We offer comprehensive legal services for the structuring and formation of both regulated and unregulated investment funds.
The Curtis Investment Management group has been counselling investment managers and investors on a global scale for close to half a century. Our clients include domestic and international financial institutions, fund managers and their sponsors and principals.
In the ever-developing and ever-changing world of Intellectual Property, news and exciting projects are never in short supply.
We advise on the legal and regulatory aspects of the intellectual property, commercial and technology sectors in which our clients operate.
Iran sanctions developments download
This alert provides an update regarding US sanctions against Iran. As noted in previous updates, the US continues to expand sanctions against Iran.
We set out below an overview of the most significant further restrictions imposed by the EU Council Decision 2012/635 of 15 October 2012 Regulation 1263/2012. These further restrictions apply in conjunction with the pre-existing restrictions, details of which can be found in our previous updates.
The IRS has issued proposed regulations regarding the implications of the failure to file or comply with documentation requirements to qualify for non-recognition of gain in ‘outbound’ transfers of certain property to foreign corporations.
The Advocat General (AG) has opined that investment advice provided to an investment fund constituted an activity of management and therefore benefitted from VAT exemption.
Taylor Wessing’s team of specialist IT and telecommunications lawyers carries out standalone technology and telecommunications work for a diverse mix of clients.
At a recent Shoosmiths event, lawyers shared practical experience of the risks and potential remedies associated with the insolvency of IT suppliers.
Co-chief executive officer
Head of HR
Partner, Kuopio office
The Equality and Human Rights Commission has issued guidance for employers and job applicants on pre employment health questions.
Joining the Main Board: A field guide for applicants to the Main Board of the Hong Kong Stock Exchange download
The Main Board of The Stock Exchange of Hong Kong Limited (SEHK) is one of the world’s largest and most liquid markets for securities trading.
On 15 October 2012 the UK Financial Services Authority (FSA) published a document entitled ‘Journey to the FCA’.
Partner (banking and finance)
Managing partner, Helsinki office
July 2012: Pensions update download
An overview of issues facing the pensions sector, covering automatic enrolment and age related factors in financial services.
June 2012: TransAtlantic newsletter download
Covering issues facing US companies in the UK market.
Partner, Jyväskylä office
Director of marketing and business development
Head of IT
Key legislative proposals on establishment of the Independent Insurance Authority in Hong Kong download
The Financial Services and the Treasury Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR) has, on 26 October 2012, published legislative proposals on establishment of the Independent Insurance Authority (IIA).
Managing partner, Bermuda
Head of commercial projects and infrastructure
King & Wood Mallesons acts for Investec on financing of Catalyst’s acquisition of RBIA.
King & Wood Mallesons has advised Commonwealth Bank of Australia (CBA) as arranger on the renewal of a $200m, three-year financing facility for engineering and project services company Clough Limited.
King & Wood Mallesons has advised Adcorp, South Africa’s largest employment services company, on its acquisition of Computer Sciences Corporation’s Australian IT staffing unit, Paxus.
King & Wood Mallesons has advised Guohua Energy Investment Co (Guohua) on its acquisition of a 75 per cent stake in Hydro Tasmania’s 168MW Musselroe wind farm project.
King & Wood Mallesons (Australia) appoints Stephen Minns as chairman of Australian board.
Tom Fotheringham has joined King & Wood Mallesons’ Brisbane office as senior associate.
King & Wood Mallesons has represented Daimler AG in a transaction involving BAIC Motor.
Managing partner, British Virgin Islands
Global co-chief executive officer.
Partner (intellectual property)
Kuwait: new companies law download
A positive step has been taken by the Parliament of Kuwait to reflect the changes that have occurred over the past years concerning commerce and industry in the GCC region and in various economies around the globe.
Kuwait: requirements for obtaining approval of a private placement memorandum from the Capital Markets Authority download
The Capital Markets Authority (CMA) is currently the regulatory authority primarily responsible for regulating the marketing, offer and sale of securities in Kuwait. Chapter 9 of the Capital Markets Law governs the placement memorandum of securities issued by companies.
King & Wood Mallesons has advised a syndicate of banks including Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Macquarie on their fully underwritten offer of a A$1.2bn Senior Secured Bank Facility to Whitehaven Coal.
We assist our clients in all aspects of labour law.
The Court of Appeal has confirmed that an alleged breach of a landlord’s covenants will not defeat a claim for possession, even though a counterclaim in damages is possible.
Late-payment directive download
The European Commission has passed a number of directives relating to late payment, the latest of which is Directive 2011/7/EU.
For nearly two centuries, Curtis has represented Latin American clients as well as foreign clients doing business in the region.
China’s middle class is set to drive global consumer spending.
Partner (dispute resolution)
The demise of the primary care trusts and the emergence of GP consortia raises legal issues for landlords of primary care premises.
Pamboridis offers a legal guide to holding companies in Cyprus.
Pamboridis offers a legal guide to incorporating a Cyprus company.
Legal guide — shipping in Cyprus download
Pamboridis offers a legal guide to shipping in Cyprus.
Legal issues in cloud computing download
Remote access computing services, whereby software applications, databases, data storage, network configuration and programming tools are made available to clients as a service, are becoming increasingly popular.
Chief executive officer
The Curtis Life Sciences group provides a wide range of legal services to clients in the life sciences sector, including manufacturers, funds and institutions.
Liquidated damages in the UAE download
International contractors from common law jurisdictions will be familiar with the concept of liquidated damages.
In January 2012, the UK Financial Services Authority published a consultation paper in which it set out numerous proposals for changes to the Listing Rules, Prospectus Rules and Disclosure Rules and Transparency Rules.
Addleshaw Goddard’s 27-partner, 80-associate-strong litigation department is a key pillar of the firm.
Mourant Ozannes’ litigation practice has an international reputation.
We have an experienced and high-quality team of more than 100 litigators located across all of our offices, which means we can put together the right team to handle your dispute, wherever and however it occurs.
Our litigation department is recognised as one of the leading local litigation teams.
Every day companies must manage the myriad risks inherent in doing business internationally or locally. When disputes arise, many of the world’s leading companies turn to our global team of experienced litigators to represent their interests.
Our litigation and dispute resolution practice has extensive experience of successfully resolving increasingly complex and high-value commercial disputes across a wide range of sectors worldwide.
We are one of the most successful and largest litigation and dispute resolution teams outside London, offering specialists experienced in areas including banking, commercial contracts, construction, corporate and partnership, engineering, fraud and asset recovery, IT and telecommuncations, judicial review, pensions, product recall, professional negligence, real estate and regulatory.
Mayer Brown’s Litigation practice has the intellectual depth, creativity and geographic scope to successfully resolve virtually any type of legal dispute.
Our litigation and dispute resolution teams has highly skilled specialists with the expertise to solve whatever contentious problem you are facing. We have more than 260 litigation legal advisers based across the UK who are waiting to help you.
Appleby’s Litigation & Insolvency group is truly international. Our lawyers act on a wide range of significant and high-profile cases in the fields of trust litigation, commercial litigation, corporate litigation and fund disputes and on insolvency, regulatory and insurance matters.
A recent endorsement and application of an exemption in Hong Kong to champerty and maintenance adds an interesting PRC dimension to the developing body of case law in Hong Kong allowing litigation funding for liquidators.
Litigation landscape in 2013 download
We previously reported on a number of key changes to litigation funding envisaged by Lord Justice Jackson in his Review of Civil Litigation Costs.
Hogan Lovells’ Litigation, Arbitration and Employment practice has a long track record of achievement in complex, high-stakes, international disputes.
Two Ince & Co shipping partners have been named in Lloyd’s List Top 100.
Taylor Wessing has developed and negotiated complex logistics contracts for major commercial enterprises that go far beyond the traditional warehousing contracts.
Managing partner, Cayman Islands
On 28 September 2012, HM Treasury published the final report on the review of the London Interbank Offered Rate undertaken by Martin Wheatley, FSA Managing Director and Chief-Executive designate of the Financial Conduct Authority (FCA).
London: Equity Capital Markets download
Whilst there has been a global decline in the number of new public listings, the UK has long been a popular listing destination.
Director of human resources
Romantic relationships between colleagues are presenting various legal concerns for employers.
While in most M&A transactions it is standard practice for a Purchaser to insist on non-compete and non-solicitation restrictions from the Vendor, one does need to ensure they are drafting within what is deemed permissible to ensure they are enforceable and avoid risk fines under EU competition law.
Managing partner, Mauritius and Seychelles
Divisional managing partner
A guide to Australian employment law as it covers workers with long term medical conditions, disabilities or injuries.
Managing sickness download
Goodman Derrick sets out some useful reminders on how to deal with sickness absence.
Managing the risks and costs of e-discovery in multiple related investigations and litigations download
A guide to the effective management of electronic data where it is potentially implicated in a number of disputes.
Yesterday, Nick Clegg announced that the Government will enact legislation mandating that all companies listed on the London Stock Exchange must measure and report their greenhouse gas emissions from April 2013.
Curtis represents companies in the business of manufacturing and distributing goods.
Partner, Tampere office
May 2012: Pensions update download
Analysis of recent developments in the pensions sector, including the High Court judgment on the BBC’s pensionable salary cap and age discrimination law.
Mayer Brown has completed a transaction for Macquarie Bank Limited, advising on a four-year €28.5m facility for Sirius Real Estate Limited.
Mayer Brown has announced today that it is representing Sinochem Petroleum USA LLC on a $1.7bn transaction to purchase a 40 per cent undivided interest in approximately 207,000 net oil and natural gas leasehold acres.
Mayer Brown has announced that William T Heller IV and Harry R Beaudry have joined the firm as partners in its Corporate and Securities practice in Houston.
Mayer Brown has announced today that it advised China International Marine Containers (Hong Kong) Limited (CIMC) on the establishment of a $600m US commercial paper programme supported by a letter of credit from Bank of China, New York Branch.
Our media experience extends back to the formative years of commercial television and, since then, our media practice has been consistently central to our practice and to our hard-won reputation.
We advise on all aspects of mergers and acquisitions transactions in the public and private markets, many of which have cross-border elements.
The Mergers and Acquisitions practice advises private and public entities in a range of transactional matters, counselling buyers, sellers and targets in connection with mergers, acquisitions, joint ventures, leveraged buyouts, strategic alliances and other related transactions.
Our mergers and acquisitions team has experience in private acquisitions, privitisations and public procurements.
Members of our team have been involved in significant M&A transactions either locally, within Cyprus or Greece, or regionally extending beyond the boundaries of the jurisdictions where we operate offices.
Head of marketing
International business development director
Mining in Africa: a legal overview download
The future is bright for mining in Africa. More than 30% of the world’s global mineral reserves are found in Africa, yet less than 5% of the total global mineral exploration and extraction budget is invested in the continent.
There is no escaping the fact we are in the midst of recovery from the 2008/09 global financial crisis, which spared no corner of the globe.
Dubai is now familiar with the concept of Jointly Owned Property where developments are subdivided into “Units”, being the separately owned part of the development (for which the Owner will receive their title), and “Common Areas”, which are to be owned by all Owners in undivided shares and managed by the “Owners Association”.
There is no supranational overarching law that seeks to harmonise the laws applicable to either individual or corporate insolvency throughout all jurisdictions within the EU.
On 22 December 2012, the government of Mongolia issued resolution #192 approving the foreign labour force quota ratio for 2013.
Head of real estate
Cayman Islands financial services providers will attend a regulatory and SEC enforcement seminar organised by Mourant Ozannes in collaboration with international law firm Shearman and Sterling.
Mourant Ozannes has strengthened its Litigation practice by recruiting 11 additional litigators in the lead-up to 2013.
Mourant Ozannes has promoted eight lawyers to the position of senior associate.
Mourant Ozannes partner Alex Last is set to participate at the HFMWeek Asia Operational Leaders Summit in Macau on 26 February 2013.
The Jersey Construction Council has launched its 2013 winter seminar series in conjunction with Mourant Ozannes.
Head of banking, restructuring and insolvency
Senior associate, corporate
Nabarro has acted for Google on the acquisition of a site at Argent’s King’s Cross estate for the development of the technology giant’s new UK headquarters.
Nabarro continues to advise on major AIM-related M&A having advised on the proposed merger between Bayfield Energy Holdings, an upstream oil and gas exploration and production company with interests in Trinidad & Tobago and South Africa, with Trinity Exploration & Production.
Nabarro has advised long-term client UK Coal on the restructuring of its business which completed on Monday 10 December. The company will now be known as Coalfield Resources plc.
Nabarro has advised Equitix-led consortium S4B on its successful tender to become preferred bidder for a £113m PFI housing regeneration scheme for Manchester City Council.
Nabarro has recruited Jeremy Phillips to its corporate team.
The latest edition of Need to Know HR Update Issue Two 2013.
The new limits on employment tribunal awards and on statutory payments for 2013 have been announced.
Rewriting the Companies Ordinance (CO), Hong Kong’s primary corporate statute, was no doubt a long and arduous process.
New competition law in the UAE download
On 23 February 2013 the Law concerning regulation of competition will come into force in the UAE regulating specifically competition in the form of restrictive agreements, the abuse of dominant position and economic concentration.
The Serbian Parliament passed the Law on the Terms for the Settlement of Monetary Obligations in Commercial Transactions on 15 December 2012.
The introduction of costs management rules will be important to litigants.
The China Securities Regulatory Commission (CSRC) released its Regulatory Guidance on Application Documents and Examination Procedures of Issuing Shares Abroad and Overseas Listing by Company Limited by Shares (“Guidance”) on 20 December 2012.
The Dubai International Financial Centre , a financial services free zone located in the Emirate of Dubai, has its own ‘European style’ data protection law, applicable in the jurisdiction of the DIFC.
On 6 June, 2012, China’s Ministry of Commerce (MOFCOM) posted online a revised template form for filing merger clearance applications in China.
On 6 February 2013, the US Department of Labor issued new Family and Medical Leave Act (FMLA) regulations that take effect on 8 March 2013.
Last month the President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued Federal Law No. 5 of 2012 (“New Cyber Crime Law”) a comprehensive piece of legislation on combating cyber crimes.
The National Bank of Serbia has amended the Decision on Risk Management to tackle the issue of rising non-performing loans.
The EU has proposed new measures on cyber attack reporting.
The right for community and other groups to challenge the way in which public services are delivered, which is set out in the Localism Act 2011, has been bolstered by new Regulations and draft Guidance.
In the Budget, the Chancellor stuck to his promise to come down like a “tonne of bricks” on wealthy individuals who are seen as not paying their fair share of SDLT by buying valuable residential property in corporate vehicles and eventually selling the shares in those corporate vehicles free of SDLT.
Onur Gülsaran and Biricik Bengisu Dinc¸er of law firm Cerrahoglu discuss new principles in Turkish law governing the acquisition of immovable property by foreign investors.
New UK property taxation rules download
The UK government announced proposals in its 2012 Budget to introduce new tax charges for high-value residential properties and for properties owned by ‘non-natural persons’.
New UK Timber Regulations download
New UK regulations come into force on 3 March 2013 to enforce the EU Timber Regulations.
Commercial update focuses on the economic interest defence to tortious interference claims.
Matt Nixson and News Group Newspapers Limited have reached an agreement, without admission of liability, to settle the claims brought by Matt Nixson against News Group Newspapers Limited in respect of the termination of his employment.
Next-generation data collection download
Learn about next-generation targeted collection solutions that save time and money on downstream data processing and attorney review.
Corporate responsibility director
The principal issue in this case was whether a time charterparty was frustrated after the vessel was involved in a collision and the costs of repairing the vessel exceeded her market value.
The Federal Court has dismissed defamation and discrimination claims against Google Australia.
The Commercial Court has recently determined a question of law arising under the Supplytime 1989 charterparty form.
November 2012: Pensions update download
An overview of issues facing the pensions sector, with attention to recent government reforms.
Novoship (part of Sovcomflot Group) has obtained a Commercial Court judgment of approx. US$169m.
The UK offshore wind energy sector has come a long way since the first offshore wind farm was completed in 2000 at Blyth Harbour in the northeast of England, with just two turbines totalling 4MW.
The OFT has referred the proposed all-share merger of AG Barr and Britvic to the Competition Commission for further consideration.
The Office of Fair Trading’s (OFT) review of a merger between two NHS Foundation Trusts is the first of its kind.
Curtis advises clients on oil and gas matters throughout Europe, Latin America, the Middle East, Africa and Asia.
Olswang has acted for leading TV drama producers Greg Brenman and Roanna Benn on the foundation of Drama Republic Ltd, the pair’s new London-based production company.
Olswang has advised shareholders on the sale of Napier Turbochargers to Wabtec.
Olswang has advised WMG on its acquisition of Parlophone.
International law firm Olswang has hosted a special event at the 63rd Berlin Film Festival to discuss the impending review of the EU Cinema Communication with industry specialists, including lead panellists Amanda Nevil, chief executive officer of the British Film Institute, and Peter Dinges, chief executive officer of the German Federal Film Board (FFA).
Olswang has appointed Azlinda Ariffin-Boromand as a partner in the corporate team.
Olswang has advised the Gamesys Group, a UK online gaming group, on its acquisition of Virgin Games.
Olswang has acted for INTO University Partnerships, a global education partnering organisation, on the acquisition by Leeds Equity Partners of a 25 per cent stake of the business for £66m.
An overview of issues in corporate law, including indemnity insurance and the balance of power between directors and shareholders.
An overview of issues in corporate law, featuring market abuse, debt restructuring and the CRC energy efficiency regulations.
Olswang has acted for long-standing client QSoft Consulting in a transaction to transfer its Gaydar Radio DAB Broadcasting licenses to Gaydio, the UK’s first FM gay radio station.
Olswang has added new partner Thomas Schubert to its German team.
Olswang’s arbitration team has been chosen to write the ‘Arbitration in the TMT Sectors’ practice note for LexisNexis’s new legal knowledge site, LexisPSL.
Global co-chief executive officer.
The National Copyright Administration of China (NCAC) released the first draft amendments to China’s Copyright Law at the end of March 2012.
On 18 January, the Institute of Chartered Secretaries and Administrators (ICSA) published a guidance note on the liability of non-executive directors (NEDs).
From 4 February 2013, organisations using targeting advertising online - known as ‘online behavioural advertising’ (OBA) - will be required to tell web users about their use of OBA and allow them to opt-out of having their data collected and used for OBA.
An outline of Rule 144 under the Securities Act of 1933, and its uses in the trading of securities.
Overview of amendments proposed in the Mineral and Petroleum Resources Development Draft Amendment Bill 2012 download
Overview of Mineral and Petroleum Resources Development Draft Amendment Bill 2012.
Pamboridis acts as head counsel for Hellas Sat purchase negotiations.
Pamboridis has appointed Electra Papadopoulou Makedona as head of non-contentious department
Pamboridis names Yiota Kythreotou Theodorou as managing partner.
Panel warning on deal protections: UK Takeover Panel review of the 2011 changes to the Code download
The Takeover Panel has conducted its promised operational review of the reforms to the Code which took effect in September 2011.
Developments in French law, including changes in legislation and regulatory regimes, the Frech civil procedure and anti-corruption efforts.
Partner Andrew Otis, chair of the International Section of the New York State Bar Association, presented its 2013 Distinction in International Affairs Award to the men and women of the US professional diplomatic corps who dedicate their careers to furthering peace through international diplomacy.
Our patents group is one of the largest and best known in Europe. Highly experienced in both contentious and non-contentious patent matters, we help our clients, based in Europe and internationally, to exploit, protect, manage and defend their IP rights.
Partner, co-head, global finance
Partner, head of Asia
A facilitation payment to encourage creditors to vote through the restructuring proposals of creditors’ debts has been held by the High Court not to be an illegal bribe.
As highlighted by a recent High Court decision, any party hoping to rely on forfeiture clauses, put and call arrangements or compulsory buy-back provisions will need to ensure that they do not constitute unenforceable penalties. We look at the practical points to consider arising from the case.
A recent judgement has reignited debate about ‘take or pay’ clauses.
According to the Pensions Regulator, pension liberation fraud is on the increase.
The Pension Protection Fund (PPF) has published its Levy Estimate for the 2013/14 levy year.
Our pensions team, which is ranked in the top tier for pensions in the south east (Legal 500, 2011–12) offers a specialist practice combining high-quality advice and support with competitive fees.
Our specialists can provide expert advice on every aspect of pensions.
Pensions update — February 2013 download
Nabarro has released its pensions update for February 2013.
This article sheds some light on the treatment of performance bonds under Qatari law. It identifies the ways in which a contractor may resist the arbitrary encashment of such instruments.
The Government is introducing a new permitted development right to allow offices to be converted into flats without the need for planning permission.
Managing partner, Paris office
Our pharma team is highly knowledgeable about the process of development, testing and commercialisation of pharmaceutical products and their entire lifecycle.
This briefing from Mourant Ozannes focuses on Picard v Primeo and looks at how the Cayman Court considers assistance in a post-Rubin world.
We provide expert planning advice to private and public sector clients.
As an important and valued client, we know you require a planning team that understands and appreciates your business, meets and beats your deadlines and provides timely, pragmatic and commercial planning advice in a cost-effective manner.
The expertise of Taylor Wessing’s Planning & Environment team extends to advising on all areas of planning and environmental law, regulation and policy.
Excellent client service, superb technical ability and invaluable practical experience: these are key qualities that define the Planning & Environment Team at Walker Morris.
It is well established that, when determining planning applications, planning authorities must proceed upon a proper understanding of the development plan.
Partner (commercial and healthcare)
Precedent for Anglo Platinum threat? download
In September 2011, South African mineral resources minister Susan Shabangu cancelled the mining rights of Johannesburg- and London-listed Central Rand Gold (CRG).
A guide to the do’s and don’ts of initial public offerings on the Hong Kong stock exchange.
President Obama orders divestiture of Chinese investment in US wind farms; investor mounts unprecedented legal challenge download
On September 12, 2012, a foreign acquirer took the unprecedented step of challenging in federal court the application of CFIUS’s authority.
Addleshaw Goddard is now the largest firm in the UK with a full-service private client facility. We are regarded as pre-eminent in our field and have a large team of excellent technicians.
Taylor Wessing is one of only a handful of serious international law firms with strength-in-depth in the private client field across numerous jurisdictions.
We are able to tackle the most challenging or highly charged matters quickly, efficiently and without fuss.
Shoosmiths Access Legal gives our private clients access to the law through friendly, approachable people who know that understanding individual need is the first step to making the law work.
The Curtis private client group advises high-net-worth individuals, including owners of closely held businesses and executives of public companies.
Appleby’s Private Client & Trusts group provides trust services to high-net-worth individuals, families, international private banks and trust companies. We advise on all aspects of trust law, including the establishment, restructuring and winding up of private, charitable, purpose and commercial trusts.
The Private Equity group advises both investors and companies worldwide. Curtis represents domestic and international funds, family offices, investment arms of financial institutions, and unfunded sponsors, as well as companies seeking growth capital or liquidity.
We offer a full range of services in the fields of private equity and venture capital. We are also one of the few law firms in Finland that can boast a first-rate fund formation practice.
This briefing explains the attractions for international managers, sponsors and investors of the Cayman Islands as the jurisdiction in which to domicile a private equity fund.
Our Private Wealth practice advises wealthy families and entrepreneurs on the legal structuring of their wealth and investments.
Our pro bono practice draws on the experience of our professionals worldwide to improve the lives of those without access to justice or the means to hire lawyers and to meet the legal needs of charities and non-profit social enterprises.
The firm has been committed to voluntary work and pro bono advisory services to select charitable organisations since its foundation in 1995.
At DLA Piper, we handle complex, multi-party, multi-jurisdictional cases in a wide variety of industries, including mass tort and class action litigation and individual claims. Our international reach enables us to advise on laws and regulations as they relate to products wherever companies do business and to co-ordinate our services in all the jurisdictions involved.
Founder and managing partner, corporate — litigation — arbitration
Curtis litigators represent accountants and lawyers, and their firms, in a wide range of matters.
We act on deals in the education, waste, energy, housing and health sectors and provide solutions for both public- and private-sector clients.
Our dedicated projects group works on major infrastructure projects and project financings in Europe, the Middle East, Africa and Asia.
We represent commercial banks and investment banks, private equity funds, insurance companies, multilateral financing companies, export credit agencies, joint ventures, institutional investors, contractors, developers, sponsors, trustees, sovereigns and government agencies in a wide variety of matters.
We advise on all aspects of residential and commercial property transactions in Guernsey and Jersey.
Appleby is a leading provider of property law services in Bermuda, the British Virgin Islands, the Cayman Islands, the Isle of Man and Jersey. We bring a practical and focused approach to both commercial and residential transactions.
Property update: coming up in 2013 download
On the 5th of December, George Osborne delivered his Autumn Statement to the Commons, with little Christmas cheer.
Proposed amendments to the PRC Employment Contract Law - impact on labour dispatch companies (Part 1) download
November 2012: Anticipated changes to PRC Employment Contract Law this month will affect labour dispatch companies, if approved.
The Guernsey States of Deliberation have approved changes to the Companies (Guernsey) Law, 2008 (the “Companies Law”), which include several key changes affecting insolvencies in Guernsey.
In December 2012 the Basel Committee on Banking Supervision (BCBS) published a consultation paper proposing substantial changes to the methods banks use to calculate risk-based capital requirements related to securitisation exposures.
The growth of smartphones has revitalised the potential of proximity marketing in shopping centres, exhibition spaces, concert and sports venues, and other public places. This briefing highlights a number of things the owners and operators of these spaces need to bear in mind if they are thinking of taking advantage of this technology.
The Curtis Public Company and Corporate Governance practice is dedicated to advising our public company clients on securities regulatory and stock-exchange-listed company compliance matters, as well as all aspects of corporate governance.
Bowman Gilfillan has extensive experience in advising corporate clients and governmental bodies on the interpretation and application of laws.
Our nine-lawyer team has uniquely broad expertise in all aspects of public contracts, with particular experience in complex large-scale procurement procedures, including competitive dialogue.
Karanovic & Nikolic associate Nenezic writes article on PPPs in Republic of Serbia.
Lenders providing financing for the construction or purchase of assets such as a power plant, a ship or a building often stipulate that the receivables arising from the asset should be assigned to the lenders.
We have an extensive experience in leasing, construction and development and real-estate disputes.
Our lawyers advise clients on all aspects of contentious and non-contentious real-estate and construction law matters.
The Curtis real-estate practice advises clients on real property around the world.
Our commercial real-estate group has an unrivalled reputation for executing some of the largest and most complex real-estate transactions.
Mayer Brown’s real-estate lawyers are located in key business centres in the Americas, Europe and Asia.
Our close-knit Real Estate Group comprises nearly 40 lawyers who believe in real teamwork. We have one of the strongest specialist real-estate groups in the country and an enviable reputation for delivering focused and cost-effective advice.
Strategic and creative thinking are the hallmarks of our practice and with our constructive approach to the law, clients view us as trusted business advisers.
We’re one of the most highly regarded real-estate practices providing expert advice across a whole range of commercial property activities.
The rea-estate division represents a formidable power-house in the UK.
Olswang’s Real Estate International Practice Group is one of the most experienced and commercially focused teams in the industry. We provide a fully integrated approach to advising on all aspects and types of real estate.
We know that our role as real-estate lawyers is to meet our clients’ business objectives efficiently and effectively. We achieve this by a partner-led approach and by matching each matter to the individual or team that provides the most relevant expertise.
DLA Piper’s Real Estate group, with more than 550 lawyers globally, is the world’s largest real-estate practice and is consistently top ranked around the world.
Our work ranges from high-value, highly complex real estate deals to the efficient management of clients’ estates using the best of modern technology.
Shoosmiths’ Real Estate Group is one of the largest in the UK and is made up of teams advising on real estate, construction, planning, property litigation, and environmental.
KKaranovic & Nikolic is a top-tier real estate practice with a real knowledge of the practicalities of the regional market.
Real estate — Germany download
In-depth information on Hogan Lovell’s real-estate service offering in Germany.
This is a short guide to the key legal developments for the real estate sector in 2013.
We act on behalf of clients in matters covering the whole spectrum of this field.
The Bowman Gilfillan real-estate and conveyancing practice group consists of experienced property lawyers.
An overview of developments in real estate law in Bosnia & Herzegovina, Croatia, Macedonia, Montenegro and Serbia.
Our clients rely on our full-service capability and deep sector insight across property, infrastructure and climate change.
Real estate: QuarterDay issue 90 download
Issues in real estate dispute resolution, including rent and administration, and the right to break a lease.
The much-anticipated final report on the review of unapproved share schemes was published by the Office of Tax Simplification on 16 January 2013.
The ICAEW has recently issued a helpsheet on the reduction of share capital under the Companies Act 2006.
Employers warned over evading payment of employee’s wages.
Regional leadership figures
The Cayman Islands is widely recognised as a leading jurisdiction for the registration of business jet aircraft.
Simmons & Simmons has one of the leading regulatory practices in Europe and Asia.
Our integrated team of experts from across the firm has the expertise and knowledge to meet all of your regulatory needs.
Our expert Regulatory & Compliance Team includes former FSA and SFO investigators and former in-house lawyers, giving us valuable insight into both regulators’ mindsets and clients’ needs.
We offer a dedicated resource at affordable rates across the country that can advise on a wide range of regulatory and compliance issues.
At the federal and state level in the US, and in the individual countries of Europe as well as the EU, our people understand the legislative and regulatory process.
Regulatory risk: new SFO Director signals changes in how the agency will treat companies in the future download
The Serious Fraud Office has withdrawn its guidance to companies that discover and report corrupt conduct in order to avoid prosecution.
Religion at work: new ECHR ruling download
The European Court of Human Rights has handed down a judgment considering the right of individuals to manifest their religion in the workplace.
A number of recent developments in the area of religion and belief discrimination merit employers’ attention.
ESMA has published final guidelines on remuneration under the AIFMD.
The Curtis renewable energy and climate change group represents governments, developers and more.
The International Association of Privacy Professionals (IAPP) held its first European Data Protection Intensive conference on 25–26 April 2012.
Representation or Warranty? download
A recent English High Court decision reminds us the vital differences between representations and warranties - features that are commonly, but unwisely, glossed over when drafting agreements.
Residential property taxation: Introducing the new Annual Residential Property Tax and extended Capital Gains Tax rules for ‘non-natural persons’ download
The Finance Bill 2013 was published on 11 December, along with the Government’s much awaited response to their consultation on “Ensuring the fair taxation of residential property transactions”.
King v HM Procureur decision strikes down extra-territorial effect of Guernsey restrain orders.
For decades, our lawyers have worked within a dedicated restructuring practice. We have a unified team of more than 250 restructuring lawyers working across borders to deliver solutions at local and international levels.
The Restructuring & Corporate Recovery group is a cross-jurisdictional team of more than 20 specialists advising on some of the most complex and high-profile restructurings and insolvencies in Europe, the Middle East and beyond.
Our team of skilled national insolvency and restructuring lawyers has a broad range of experience across the full spectrum of insolvency and restructuring.
The Curtis Restructuring and Insolvency group regularly advises on all facets of restructuring and insolvency matters both in and out of court.
Krogerus has one of the leading restructuring and insolvency practices in Finland, both in terms of number of lawyers and our expertise.
Our restructuring and insolvency group is made up of lawyers from our corporate, finance, and insolvency teams.
Our restructuring and insolvency team offers the latest innovative market thinking to SMEs and listed companies.
Olswang’s restructuring and special situations group (SSG) combines the specialist expertise of our restructuring and insolvency group with Olswang’s sector insight.
Mayer Brown’s restructuring, bankruptcy and insolvency practice has more than 50 lawyers operating in jurisdictions across the Americas, Asia and Europe.
Retailer's guide to Poland download
Retail is a highly competitive industry in any market and when an investor considers whether to expand into other countries.
Co-managing partner, Houston office
Partner, Litigation Group
Rights in data handbook: Protecting and exploiting IP in data and databases internationally download
The value of data and databases to business is undeniable and continues to increase.
The Turkish government has begun a programme of large projects done as public-private partnerships.
Co-managing partner, Houston office
The limits of cost recovery in Guernsey litigation.
In theory, the move by russia to reduce trade restrictions such as import duties would give foreign businesses greater access to the Russian market.
Judge’s decision is an important one for all those who trade on GAFTA terms.
Head of banking, restructuring and insolvency
Senior associate, corporate
The decision to commission the construction and launch of a satellite system is a multi-year strategic decision for any entity, whether commercial or governmental.
Saudi Arabia is poised to launch an ambitious renewable energy program.
Head of competition
Analysis of the Yilport Konteyner Terminali Ve Liman Isletmeleri AS v Buxcliff KG and others case, which underlines the importance of careful drafting in the wording of documents creating obligations, such as letters of undertaking or indemnities.
As those readers familiar with the terms of the Standard Coal Trading Agreement (SCoTA) will know, the weighing/sampling/analysis regime set out in clause 9 of the current version of the SCoTA contract (version 8) will, if followed by the parties, produce analysis results which are binding on the parties.
Head of business development, fiduciary
Head of construction and engineering
Scraping the data barrel download
Everyone thinks they know what data is. But data is a very difficult concept to capture in terms of legal status.
Managing partner, Isle of Man
Serbian Competition Commission publishes oil industry sector inquiry results.
The Curtis securities litigation practice represents clients in the defence of complex cases in both federal and state court.
Most jurisdictions are familiar with ambitious claimants represented by law firms with unconventional billing practices.
Senior associate, corporate
SEHK consults on listing rules changes resulting from the new inside information disclosure regime download
An analysis of a consultation paper published by the Hong Kong stock exchange proposing listing rule changes in the light of new inside information legislation.
SEIS and EIS: Time for reflection download
From 6 April 2012, the Seed Enterprise Investment Scheme (SEIS) was introduced enabling certain individual investors to benefit from generous tax reliefs for investing into start up companies.
In this briefing, Kelly Kogan, a senior attorney with Chadbourne & Parke, explains why expansion into new markets must be planned, with a focus on identifying and managing the potential costs of such an initiative.
September 2012: Pensions update download
An overview of issues facing the pensions sector, covering public sector pension reforms and data protection issues.
According to Karanovic & Nikolic, the Republic of Serbia’s government has adopted the Draft of Law on Special Conditions for the Registration of an Ownership Right for Buildings Constructed without a Construction Permit.
Sexual harassment in the workplace download
Sexual harassment in the workplace: the rights of the victim and obligations of the employer.
The Securities and Futures Commission (SFC) published its “Consultation Paper on the regulation of sponsors” on 9 May 2012.
We count among our clients many of the world’s leading shipowners, P&I Clubs, charterers, builders, traders, banks and insurers.
The Curtis Shipping and Maritime group combines a thorough knowledge of the shipping industry and international and domestic marine and commercial laws with expertise in energy, capital markets, restructuring and insolvency, infrastructure and commodities.
Shipping e-brief — January 2013 download
Ince & Co has released its shipping e-brief for January 2013.
Shipyard liable for failing to obtain extension of refund guarantee within a reasonable time download
A shipyard’s failure to procure a renewal of a refund guarantee (two days before its expiry), was held to be a breach of an implied term of the shipbuilding contract that the shipyard must procure an extension within a reasonable time.
National law firm Shoosmiths has appointed partner Tracey Hemingway to its pensions team, together with documentation specialist Steve Phillips.
Shoosmiths appoints business dispute specialist Kath Livingston as partner.
Shoosmiths has helped protect jobs at Cloggs (UK).
National law firm Shoosmiths has been appointed to the Government Procurement Service’s (GPS’s) Legal Services framework agreement.
A new EU Regulation focuses on shares admitted to trading on a trading venue in the EU and the sovereign debt of the EU Member States.
The effect of bankruptcy on intellectual property licenses.
The law dealing with the holiday rights of workers on sick leave taxes many HR professionals: the law has developed in a piecemeal fashion and gaps are filled haphazardly by the courts.
General counsel and partnership secretary
Chief operating officer
Small guide to emobility download
Dr Michael Krämer, senior associate and energy specialist at Taylor Wessing, Dubai, describes his experience with electric vehicles in the UAE.
Head of litigation and employment
So you think you can arbitrate? download
This article addresses situations where there is an arbitration agreement but the dispute is reviewed by the national courts instead of being referred to arbitration or the arbitration clause is contested.
Our social housing clients range from the country’s largest housing associations to small, independent registered providers. With experience that spans decades, we have helped social housing organisations through the myriad of changes they have faced.
Social media legal issues — part one download
In this article, part one of a two-part series, we look at some general risks associated with the use of social media.
The use of the ‘hindsight principle’ produces what may generally be regarded as fairer values for the purposes of insolvency distribution or payment.
Olswang understands that the success of a modern business is increasingly dependent on having successful relationships with its suppliers.
Subscription credit facilities have become a popular form of financing for private equity and real estate funds.
Olswang’s Madrid team reports on the Spanish Data Protection Authority’s recent ruling on Google’s autocomplete function.
Dirección General de Ordenación del Juego presents action plan for 2013
DGoJ launches public consultation on betting exchanges and slots.
Managing partner, Jersey
Foreign employees in company cars must be aware of UK requirements for international drivers.
An employee who wishes to compete with your business can obtain unfair competitive advantage. The so-called “springboard injunction” can come to your rescue.
Our lawyers have extensive experience in the European Union’s state aid rules and processes. They are regularly called upon to give advice on state aid questions, applications and notifications.
The European Commission has given the green light to a £600m funding package to support the UK’s Green Deal.
As part of its reform of the state pension system, the Government has announced that contracting-out will be abolished, probably from 2017.
The first act of a dictator seeking to crush dissent, perhaps before even abolishing the free press and blocking the internet, would be to control lawyers.
Managing partner, London
Head of commercial
Still standing in the red zone download
This article looks at some of the lessons that can be learned from the restructuring of Liverpool Football Club.
The Australian Competition and Consumer Commission (ACCC) has released its new Compliance and Enforcement Policy.
Supply chain security is an essential factor in profit protection.
This case serves as a good resumé of the principles of Norwich Pharmacal orders.
In a landmark case, the Supreme Court has confirmed that legal advice privilege does not apply to other professions.
In a recent Supreme Court decision, it was held that where several powers of attorneys are submitted to a bank at different times, the last power of attorney submitted to the bank would automatically revoke all previous powers of attorneys.
Banks must carefully check the wording of powers of attorneys.
The High Court has allowed a claim to recover losses above FOS ruling.
The Court of Appeal has ruled that any party seeking to suspend a possession order must ‘provide cogent evidence to show that what can generally be characterised as antisocial behaviour will not recur, or will be unlikely to do so’.
Swansea mine manager faces gross negligence manslaughter charges.
Taylor Wessing discusses injunctions against pharma patent infringement.
The Bowman Gilfillan tax practice provides thoroughly considered and legally sound transactional tax advice to local and international financial institutions, corporates and individuals.
The main tax and fiscal consultancy services we render consist of informing clients about the up-to-date Turkish tax legislation.
Our tax group advises clients across various industry sectors.
Mayer Brown’s tax practice is globally recognised as a top-tier practice by Chambers USA, Legal 500 United States and International Tax Review.
The Curtis tax group offers clients vast experience in providing advice on the tax aspects of US and international transactions.
Tax is money. Whether for your business, for your employees, for your shareholders or for you, our Tax Team understands that managing your tax position is of critical importance.
Our international tax team comprises over 40 tax advisers based throughout our European offices.
Tax is an essential focal point for any business. It has the potential to impact on all aspects of day-to-day operations, from meeting compliance obligations to undertaking bespoke planning for a complex capital reorganisation.
Olswang’s tax group advises across the full range of direct tax, VAT and duty issues.
Global markets give rise to many complicated tax issues that require both expert knowledge of national legislation, including tax treaties, and an international perspective.
Our lawyers are skilled at looking for commercial solutions, whether dealing with general tax planning, tax-efficient employee and remuneration packages, investing and exit tax structuring, or negotiating with HMRC.
The firm’s expertise in all aspects of corporate and commercial law gives it a unique ability to understand both the key legal and tax-related issues when providing taxation advice.
UK property investment can be highly attractive for overseas investors.
Our Tax Law practice assists national and multinational corporations, industrialists and financial institutions, fund promoters, sponsors and investors in private equity and real-estate transactions.
Karanovic & Nikolic has published its latest tax newsletter for Serbia and Montenegro.
Cyprus, being one of the most reputable low-tax jurisdictions in the European Union, gave the initiative for the creation of a specialised tax planning department in Nicosia with a strong presence in Athens.
Tax: Employee share plans download
For both listed and unlisted companies, employee share plans can play a crucial role in the recruitment and retention of employees at all levels within their business, especially since some forms of employee share plan attract tax favourable treatment in the UK.
An overview of developments in tax law in Montenegro and Serbia.
An overview of developments in tax law in Serbia.
Our lawyers provide tax services both as an integral part of our full-service offering and on a standalone basis. We are regularly involved in the development of innovative and tax-efficient structures.
Since 6 April 2011, certain termination payments made to employees after issue of their P45 have been subject to a new tax regime implemented by the Income Tax (PAYE) Regulations 2011. “Share-based payments” (including employee shares, share options and related gains) made after the issue of the employee’s P45 were carved out of the new regime, but this is set to change. Under draft regulations recently published by HM Revenue and Customs (HMRC), with effect from 6 April 2012, employers ...
Clients call upon King & Wood Mallesons for all aspects of their tax and superannuation requirements.
Taylor Wessing has advised News International and BrandAlley SA on the UK management buyout of online retail company BrandAlley UK Limited, a UK fashion private sales site.
Taylor Wessing has announced a major new hire to its corporate technology team.
Taylor Wessing (Middle East) today announced the promotion of Ben Constance as a new partner in its Corporate group.
Taylor Wessing has launched Synapse, an international online portal providing legal and commercial updates and analysis for the life sciences industry.
Taylor Wessing’s Neil Smyth has co-authored Personal Insolvency in Practice.
Taylor Wessing partners write Pensions and Corporate Insolvency: A Practitioner’s Guide.
Taylor Wessing is part of NASDAQ Dubai’s advisory group.
Taylor Wessing’s Slovakian office has secured a new counsel: the former two-time Slovakian minister of justice, Lucia Žitnanská, has joined its team in Bratislava.
Head of banking
Curtis counsels investors, start-ups and established global corporations in sectors as diverse as software, hardware, electronic media, nanotechnology, clean technology, biotechnology, renewable energy and life sciences.
DLA Piper’s technology and sourcing practice concentrates on complex transactions and multi-party, high-value project work, frequently spanning multiple jurisdictions.
Krogerus has a leading technology, media and telecommunications practice in Finland. We regularly advise clients on challenging, complex and high-profile assignments.
Curtis counsels some of the telecommunications sector’s most prominent public companies, underwriters and governments.
Recent development in digital technology has rendered the borders between telecommunication, media and technology obsolete.
Temperature at work download
The responsibilities of employers to provide a comfortable work environment for employees.
The decision to dismiss an employee is an area of the employment relationship that requires an understanding of a wide range of legislative and other obligations of an employer.
An analysis of the Minerva Navigation Inc v Oceana Shipping AG (M/V Athena) case, concerning the duties of ship-owners as regards charterers in shipping law.
The alternative investment funds industry is shortly to be subject to European authorisation and conduct of business requirements for the first time.
Covering issues in major international litigation, including the Berezovsky v Abramovich dispute, issues in economic torts and optional arbitration clauses.
Blanket notification of claims is likely to be sufficient to trigger an insurance policy.
His Highness Sheikh Mohammed bin Rashid Al Maktoum has created the Centre for Amicable Settlement of Disputes in Dubai under Dubai law number 16 of 2009.
China’s recently amended Civil Procedure Law (CPL) will come into force on January 1, 2013.
Aside from crimes of violence, the main objective behind almost all crimes is to generate profits for the individual or group that carries out such crimes.
The Defamation Bill reaches Parliament: New intermediary immunity provisions and other changes download
Following the Queen’s Speech, the muchanticipated Defamation Bill was presented to Parliament on 10 May 2012.
On Thursday 29 November, the Coalition Government introduced its long-awaited Energy Bill into Parliament.
An analysis of the SAS Institute Inc v World Programming Ltd case, and its implications for European copyright law in software.
Europe’s leaders are striving to demonstrate their commitment to defend the euro on the markets, but the eurozone’s outlook for 2013 is still grim.
Walker Morris considers the extent of copyright protection for computer software.
The future of renewables and infrastructure financing — from political decision to implementation download
At the 15th Conference of the Parties (COP) of the UNFCCC in Copenhagen in 2009, attending governments, in the presence of heads of state and government negotiated the so-called Copenhagen Accord, which aimed at setting a new framework for international cooperation related to climate change.
Since the publication of the 2011 Healthcare Barometer, the industry has experienced a roller coaster of ups and downs in relation to healthcare reform.
In November a guidance note was issued by the Hong Kong Privacy Commissioner for Personal Data to provide the insurance industry with practical guidance on how to comply with the Personal Data (Privacy) Ordinance Cap. 486 when collecting and using personal data of customers.
Addressing the wide-ranging implications of the Supreme Court’s review in Gabelli v SEC.
On the onset, it is important to understand that jurisdiction is defined by local legislation to be “the set of rules that determine the competence of a state’s jurisdiction to look into cases inclusive to an international element.
On January 17, 2013, the Internal Revenue Service (IRS) released 544 pages of final regulations implementing the provisions of the Foreign Account Tax Compliance Act (FATCA).
The Isle of Man Disclosure Facility was announced on 19 February.
An overview of recent decisions in the European Court of Justice concerning anti-dumping penalties and the legal defrinition of state interference in an enterprise.
Court decision could lead to an increase in the number of claims against professionals.
The Leveson Report: Data protection proposals will have a significant impact on journalism and the enforcement of data protection law download
There has been much debate since the publication of Lord Leveson’s Report on the culture, practices and ethics of the press as to the role of a future regulatory framework governing its activities.
These notes are intended to provide an introduction to the main features of the Limited Liability Partnerships (Jersey) Law.
The construction industry across the Middle East is showing very encouraging signs of sustained recovery from the global economic crisis.
Mongolia is attracting great interest thanks to its unprecedented mineral wealth and rapid economic development.
The Patent Box download
The UK Government has been keen to improve the UK’s competitiveness in the high-tech arena. This was largely motivated by a string of departures of UK headquartered multinationals from the UK.
The Government used the Queen’s Speech to start its ‘fight-back’ following poor local election results for both the Conservatives and Liberal Democrats.
US copyright and trademark law is now much closer to that of Europe, but key differences remain.
The Smart Contracting bulletin is aimed at professionals in the energy and offshore industry worldwide.
The TW Annual Insurance and Reinsurance Review summarises the key case law developments in insurance and reinsurance throughout the year.
In this bleakest of economic mid-winters it is heartening to warm ourselves with the knowledge that the technology sector continues to out-perform the rest of the market.
Despite the ongoing economic gloom and latest official figures showing the economy has fallen by another 0.7% between April and June, this quarter’s edition of the Taylor Wessing Technology Barometer continues to be a good news story.
Against a backdrop of gradually improving growth and employment across the UK, but a stormy outlook in much of the Eurozone, this quarter’s edition of the Taylor Wessing Technology Barometer is a positive read.
As part of the process of acceding to the WTO, Jordan has enacted its new Patent Law No. 71 of 2001 (the “Patent Law”), in accordance with the international standards which Jordan has been committed to through joining the TRIPs Agreement.
The significance of the Unified Patent Court agreement.
The wait is over. The European Commission published the implementing regulation (Regulation) for the Alternative Investment Fund Managers Directive (AIFMD) on 19 December 2012.
Following the consultation process carried out over the summer months, the Government has confirmed that new tax reliefs for the creative sector – intended to be “the most generous available in the world” - are due to be introduced as part of the Finance Act 2013.
The Cabinet Office has produced a Procurement Policy Note to inform commissioners and procurers of what they need to do to comply with the Social Value Act.
The Curtis tourism development and hotels practice advises clients on all industry-related legal matters.
Towards a European banking union – the European Commission announces a new legal framework for banking supervision download
On 12 September 2012, the European Commission published two proposals which will pave the way towards a European Banking Union.
Town and village green update download
Some of you are more than well acquainted with the law on town and village greens and the threat to development that it poses.
The size and strength of Taylor Wessing’s European Trade Mark group and the variety of the brands we represent across all business sectors means we have outstanding experience in every area of trade mark and design law.
Following the separation of North and South Sudan, the continuous worry for trademark owners is the protection of their rights in southern Sudan.
The government has set out proposals on the reform of the bailiff industry.
The Curtis Transportation practice represents multinational corporations, governmental entities and private companies operating in the US, Latin America, Europe and the Middle East.
Since the start of 2013, there have been three major developments on the US tax treaty front: a new protocol with Spain, a new protocol with Japan and a revised treaty with Poland.
Trustees may still be penalised in costs even where the court blesses their decisions: Y Trust  JRC 135 download
Trustees may still be penalised in costs even where the court blesses their decisions.
The Curtis trusts and estates team structures the affairs of its US and international clients to achieve their wealth preservation objectives.
Chairman and head of pensions
When it comes to arbitration in the UAE, the general rule is that courts would not entertain any action related to a dispute arising from the execution of an agreement in which the parties have agreed to arbitrate.
UK copyright changes download
The Government state that the current copyright legislation appears to hinder the reasonable use of copyright protected works and is outdated in the digital age.
In recent years, the English courts have been more reluctant to issue anti-suit injunctions preventing a party from bringing or pursuing foreign court proceedings, due to the concern that they conflict with the principle of comity between states and interfere with the foreign court’s jurisdiction.
Employment law continues to evolve rapidly and, since our Spring 2012 Employment Law Update, there have been further significant developments, in particular as regards employer pension duties and imminent changes in relation to the employment of seafarers.
Announcing today’s new Bill, the UK prime minister said: ‘We are slashing unnecessary bureaucracy, giving business the confidence to invest, unlocking big infrastructure projects and [helping] hardworking people realise their dreams.’
A look ahead to amendmends to the 2000 Financial Services and Amendments Act and UK prospectus rules in the light of the EU’s Prospectus Directive.
UK implementation of FATCA download
The US government enacted the Foreign Account Tax Compliance Act (“FATCA”) on 18 March 2010. FATCA generally imposes significant due diligence, information reporting and control burdens on a range of non-US financial intermediaries and investment entities.
UK Information Commissioner’s Office opens public consultation on changes to data protection notifications download
The UK data protection regulator, the Information Commissioner’s Office (ICO) has opened a consultation on proposed changes to the data protection notification process.
A look ahead at the UK real estate market in the coming year, covering mortgage lending and the London market.
In the second issue of our eight step-by-step guides to the new regulatory landscape, we take a look at two of the significant new powers granted to the new conduct regulator, the FCA.
The third issue of our step-by-step guides looks at the new and improved enforcement powers of the PRA and FCA.
A recent decision of the UK Supreme Court has clarified the scope of legal advice privilege in limiting it to its traditional incumbents — lawyers.
In a judgment delivered on 23 January 2013, the UK Supreme Court upheld the decision of the Court of Appeal, that legal advice privilege (“LAP”) should not be extended to cover legal advice provided by accountants.
UK tax relief for television is set to be introduced from 1 April 2013.
HM Revenue & Customs on 14 January published new guidelines (INTM120085) on non-standard treaty tiebreakers that could have an impact on the UK’s tax treaties with the United States, Canada, and the Netherlands.
On November 6, 2012, the Parliament of Ukraine passed the law authorizing the National Bank of Ukraine to introduce a temporary requirement on mandatory conversion of a foreign currency transferred to Ukraine from abroad.
Read this Symantec white paper to understand what the three important ingredients are for a quick and accurate ECA methodology.
No need for qualifying service in cases claiming unfair dismissal for political views.
Update — Smoking in public places download
New 2012 Regulations require at least one legible no-smoking sign to be displayed in a smoke free premises or vehicle.
Amendments to the SFC Code of Conduct (“Code”) were announced earlier this year and the majority came into effect over the weekend, on 1 December 2012.
Contrary to expectation within the business community, the Chancellor has announced in his Autumn Statement that the CRC has been granted a reprieve.
The BIS report on the Nuttall Review of Employee Ownership was published in July 2012. BIS has now completed the next stage in its implementation programme.
US announces new thresholds for merger control notifications and unlawful interlocking directorates download
The US has announced new thresholds for merger control notifications (Hart-Scott-Rodino) and unlawful interlocking directorates (section 8).
The Curtis Venture Capital practice guides investors and emerging companies in executing successful transactions that provide potential for growth and meet expectations for return on investment.
The Enterprise Management Incentive (“EMI”) option regime came into effect in 2000.
The Supreme Court recently ruled that a volunteer was not protected against disability discrimination.
Walker Morris has advised Capita on the pensions aspect of Northgate Managed Services acquisition.
Walker Morris advises N 1 and Cenkos on Communisis share-placing deal
Walker Morris has advised on a deal that sees the acquisition of Wage Day Advance by Speedy Cash Corp.
Order for ‘serial rectification’ of pension deeds is a practical lesson for employers and trustees.
Walker Morris has hosted its second Food and Drink Leadership dinner.
Walker Morris has announced further senior appointments to its expanding regulatory and competition team. Ray Watson was recently appointed as a director in the regulatory team, while Trudy Feaster-Gee has joined the team as a partner.
Warning on potential Takeover Code breaches: deal protection measures and offeror intentions highlighted download
As the amendments to the UK Takeover Code come into force, this briefing summarises the issues facing takeover deals.
In Sycamore Bidco Ltd v Breslin, the High Court considered whether express warranties in a share sale agreement could also found an action for misrepresentation.
A recent English High Court decision is a reminder of the crucial practical distinction between warranties and representations.
Mayer Brown offers a world-class range of tax, estate, business planning and charitable advisory services.
Welcome clarity on online sales in China for foreign investors from an unexpected source but uncertainty remains for the VIE structure download
With a netizenship of over 500 million users and potential for further increases considering its population and demographics, China’s online sales market has become too big for international businesses to ignore.
This alert provides a preliminary assessment of the cybersecurity executive order and observations that may be helpful in considering how new standards may affect your company.
This at-a-glance guide to forthcoming changes in employer/employee relations is intended to keep readers on top of developments.
What is good faith? download
Issues can arise when obligations of ‘good faith’ are drafted into agreements without adequate precision.
The procurement of major infrastructure projects is long and complex, costing millions.
A recent High Court decision represents an expensive reminder of the need for landlords to take care when drafting provisions for surrender.
When is a house not a house…? download
The word “enfranchisement” is used in many contexts. Generally, it refers either to the acquisition of a freehold or an extension to the term of a long lease.
Software companies cannot prevent the sale of “second-hand” software licences, where those licences are for a one-off fee and an unlimited period.
Even before the current economic crisis, businesses throughout the world had been operating in an increasingly global and aggressive enforcement environment, which will only grow more intense as major financial scandals emerge.
King & Wood Mallesons has been named as one of the world’s most highly regarded mergers and acquisitions (M&A) practices by Who’s Who Legal for 2013.
Managing partner, BVI
Head of planning and environment
Winckworth Sherwood has advised B3Living on its recently completed £68million listed secured bond issue.
Winckworth Sherwood is advising Barratt on the acquisition of Cannon Wharf, a major redevelopment site in Surrey Quays in London’s Docklands.
Winckworth Sherwood is advising Hanover Housing Association on a unusual tripartite structure for the residential development in the London Borough of Hackney.
The ex-wife of Del Monte’s chief executive and chairman has agreed to a divorce settlement of £15m.
Employment partner Jo Keddie has been quoted in the Daily Telegraph in an article relating to redundancy.
This Bribery Act update from Ince & Co compares the UK Bribery Act with the US Foreign Corrupt Practices Act.
Michael Graif, chair of Curtis’ Intellectual Property group, was selected as a ‘recommended expert’ in trademark enforcement and litigation in New York in the 2013 edition of the WorldTrademark Review 1000 — The World’s Leading Trademark Professionals.
Senior associate, corporate
Managing partner Taylor Wessing e|n|w|c Attorneys at Law
Head, Athens office
Managing partner — Singapore
Managing partner (Dubai)
Head, non-contentious department
Head, commercial litigation department
Managing partner (UK)
Managing partner (Belgium)
Managing partner, Germany
Associate, corporate department
For years, the most glittering evening in the legal market calendar has been The Lawyer Awards each June. From September this year, it’ll have some competition. As we report today, this year will see the launch of the inaugural The Lawyer Management awards, an event at which some of the legal market’s most-talented but generally unsung non-lawyer professionals will be celebrated.
If the recent rise of project managers in the legal market is anything to judge by then the answer is yes. This issue of The Lawyer Management examines the growing trend for firms to hire specialist project managers on a firm-wide or departmental basis to handle change management and, hopefully, achieve greater efficiency and profitability. As we reported in the UK200 last year, Baker & McKenzie ...
11KBW’s Sean Jones QC talks about his first year as a silk ahead of this year’s silks announcement.
11KBW silks Clive Lewis QC and Nigel Giffin QC defeat judicial review bid argued by set-mate Clive Sheldon QC.
London set 39 Essex Street has revamped the way it collects fees from members so that all new additions pay a joining fee into its LLP.
Russian litigants in London have become must-have clients for the bar, despite calls from Moscow for a ‘forum shopping’ clampdown.
Irish firm advises KPMG on liquidation of the Irish Bank Resolution Corporation (IBRC).
Allen & Overy (A&O) has installed a new US managing partner and shifted the incumbent to the US senior partner role.
Australia financial services company AMP has unveiled an inaugural international legal panel, with Allen & Overy, Ashurst, Baker & McKenzie among those being awarded the mandate.
Ex-Field Fisher Waterhouse (FFW) IP and IT head Mark Abell has hired Herbert Smith Freehills (HSF) in a partnership dispute with his former firm.
Skadden partner Paul Mitchard QC, who advised Chelsea FC owner Roman Abramovich on his court battles with Russian oligarch Boris Berezovsky, is among 15 lawyers who have obtained higher rights of audience in Hong Kong.
Akin Gump and Skadden scoop lead advisory roles as a eurobond issued by mobile phone operator Vimpelcom raises $2bn to refinance company’s debt.
Amazon is carrying out an overhaul of its external legal advisers in Europe that will see it launch a formal panel in the region for the first time.
DLA Piper senior partner Tony Angel jets off to India with Prime Minister David Cameron as part of a business delegation.
Birmingham-based Anthony Collins has continued its recruitment investment plan with the hire of Rob Adams as its first head of risk and compliance.
Herbert Smith Freehills (HSF) has recruited former partner Laurence Shore from Gibson Dunn & Crutcher to bolster its New York office.
Arthur Cox has completed five years of work acting for the Irish government with today’s confirmation that a deal has been struck to restructure the nation’s bank debt.
The Irish government’s go-to law firm Arthur Cox has picked up almost half of the legal fees paid out by the state in the last five years.
Ashurst’s Australia managing partner John Carrington has maintained that the firm’s partner headcount will not change “in any substantial way” as he deflects reports of a major partnership cull in the jurisdiction.
Ashurst will pay distributions to partners this quarter after holding back profits in the last quarter.
Ashurst and Skadden Arps Slate Meagher & Flom have secured key instructions as Britain’s biggest bookmaker, William Hill, plans to raise £375m in a rights issue to fund the acquisition of its online division.
Ashurst, US firm Davis Polk & Wardwell and Slaughter and May have won roles advising on the planned IPO of Esure.
Barclays’ group general counsel Mark Harding is retiring from the bank along with finance director Chris Lucas.
Channel Islands firm Bedell Cristin has appointed Mourant Ozannes partner David Moore as a consultant in its Guernsey office.
A high-stakes case that could damage relations between the UK and Saudi Arabia has brought the issue of closed courts back into the spotlight
The Lawyer has augmented its comment and analysis online with daily columns on market developments. Over the last week or so we have examined Cooley, A&O’s US ambitions, Mandela’s lawyer and the new boss of DLA Piper. Keep logging on for more of the inside track
A Belfast court is to enter judgment against Italian lawyer Gabriele Giambrone in relation to property investments made in Italy.
Bingham has posted a dip in average profit per equity partner (PEP) and effectively flat firm-wide revenue growth for the 2012 financial year.
Berwin Leighton Paisner (BLP) has obtained the regulatory approval to open a representative office in Beijing, which will be led by the firm’s former chair Peter Robinson.
The High Court has today (28 February 2013) handed down judgment in a major copyright case that has been described as “a wake-up call for illegal websites”
French independent Bredin Prat has lost an unfair dismissal claim brought by a former employee, who alleged she had been the victim of harrassment at the firm.
Convicted barrister Rohan Pershad QC could be struck off after the Bar Standards Board confirmed it is referring his case to a disciplinary tribunal.
Retired solicitor given suspended jail sentence after publishing claims that missing child Madeline McCann’s parents caused their daughter’s disapperance.
I studied law in Canada and worked briefly in Canadian firm Gowling Lafleur Henderson.
I believe there is always a bigger world out there waiting for us to explore. We’ve been waiting so long for the Chinese companies to grow.
Italian firm Chiomenti has moved into the City of London office space rented by its new French ‘best friend’ Gide Loyrette Nouel.
Dechert’s London office has revealed a 44 per cent increase in revenue following a year characterised by aggressive hiring across the City.
The Singapore QFLP licence scheme offers significant opportunities for firms with a long-term view.
Clifford Chance has elected banking and finance group head Evan Cohen as the firm’s new Americas regional managing partner.
Clifford Chance has revamped its global partnership council, with two new faces joining the firm’s governing body.
Clifford Chance has announced corporate specialist Jaime Velázquez as managing partner of its Spanish offices following a vote, succeeding longstanding country chief Ignacio Ojanguren.
Clifford Chance has relocated its London head of banking litigation Matthew Newick to Hong Kong, after losing two litigation partners to Davis Polk & Wardwell.
One of Vietnam’s largest firms, VILAF, has expanded its energy practice by taking on sole-partner local boutique LDV Lawyers.
Real estate teams lead on supermarket chain’s acquisition of 49 stores from administrators
Firm’s litigation practice to join Walker Morris while its debt recovery function seeks a new home.
California firm Cooley has posted record financial results for the 2012 year. The firm’s revenue rose by 9 per cent to $617m, the second year in a row that Cooley has achieved revenue growth of at least that level.
Professional indemnity insurance cover is a major overhead for any law firm, and many have got cheaper deals from unrated insurers. However, the collapse of several insurers has now made many firms scrabble around for cover. If they still haven’t got cover after 90 days they will have to close. The outlook is grim.
DAC Beachcroft senior partner Simon Hodson has hailed the firm’s “profitable year-on-year growth” despite the fact that the newly merged firm’s debt has tripled.
Three partners from French corporate powerhouse Darrois Villey Maillot Brochier, including the son of the firm’s co-founder Philippe Villey, have left the firm to set up a boutique.
Debevoise & Plimpton has posted flat revenues but increased revenue per lawyer for the 2012 financial year.
Slater & Gordon’s bid to take over the entire consumer services legal market looks to have hit delays, with talks with Pannone bedevilled by internal debate. Can the Anglo-Australian juggernaut swallow up the Manchester firm without too much fallout?
Three firms appointed to Department of Health’s property company panel months after initial tender was abandoned.
Firm’s UK administrators strike a deal with defunct firm’s US LLP to keep back some London and Paris partners’ clawbacks for creditors of the UK LLP.
The resignation of Pope Benedict XVI may have come as a shock, but it is entirely lawful under Canon Law, says Dario Morelli
Complaints relating to divorce and family law are almost double that of other areas, with around 13 per cent of clients dissatisfied with the way their lawyers handled cases.
DLA Piper has laid off six capital markets fee-earners in Hong Kong as the firm continues to adjust its Asia Pacific businesses to new market conditions in the region.
DLA Piper’s global revenue increased by more than 8 per cent during the 2012 calendar year, rising to $2.44bn (£1.55bn).
DLA Piper International’s highest paid partner – understood to be the firm’s joint chief executive and managing partner Sir Nigel Knowles – received £1.748m in 2011/12, a small increase on 2010/11.
The financial reporting season for US firms is well underway. Already there are significant variations across firms. What’s clear is that this is not going to be a vintage year. Steady as she goes…
The challenges for Korean firms include contraction or very modest growth of legal demand and downward pressure on legal fees.
A team of tax litigators led by partner Simon Whitehead have quit the US firm Dorsey & Whitney for litigation boutique Hage Aaronson.
Former Dragons’ Den star James Caan has invested in another firm – SME-focused virtual practice Excello Law – just months after cementing his first foray into the legal sector.
Lawrence Graham’s (LG) annual property bill is costing the firm £5.1m a year, according to the firm’s latest LLP accounts.
Dundas & Wilson loses Glasgow-based head of insolvency and restructuring Claire Massie to Pinsent Masons
Scottish firm Dundas & Wilson has vowed to keep London at the centre of its growth strategy in the wake of further departures.
Merger speculation surrouding Scotland-headquartered Dundas & Wilson is intensifying as the firm gears up to hold its first partner conference since new management took over in the summer.
Van Campen Liem expanding into Luxembourg with the hire of Loyens & Loeff partner Aldo Schuurmann
Cobbetts went into administration at the High Court today (6 February) with the whole business immediately sold in a pre-pack deal to fellow Manchester firm DWF.
Our briefings section is rich in content. Take energy, for example; there’s plenty going on in this dynamic sector, so check out the latest papers from Mills & Reeve, Stephenson Harwood, Taylor Wessing, Walker Morris and Wragge & Co
With the Supreme Court announcing that it has filled its three justice vacancies with male judges, we publish Lady Hale’s 21 February Kuttan Menon Memorial Lecture on equality in the judiciary
All the latest partner hires and other appointments within Continental European firms and offices.
All the latest partner hires and other appointments within Continental European firms and offices.
Eversheds has boosted its energy capabilities in London after hiring a corporate finance partner from US firm Akin Gump Stauss Hauer & Feld.
Eversheds and Linklaters have taken lead roles on the sale of HMV Asia to Greater China private equity group AID Partners Capital
Eversheds has formed a new management team in Asia and entered into a relationship with Danish firm Rønne & Lundgren following its Copenhagen closure.
Eversheds acted as adviser to the inquiry while numerous One Crown Office Row barristers advised the various parties involved
Wedlake Bell has elected Simon de Galleani, formerly a partner at legacy firm Cumberland Ellis, as its new senior partner.
A former Dewey & LeBoeuf partner is suing Barclays for allegedly inducing him to enter into a $540,000 loan agreement.
Judicial reviews are under the microscope again.
The former Ince & Co partner jailed yesterday for defrauding the firm attempted to obtain an OBE by faking letters hailing him as a cancer charity hero, it has emerged.
Having lived the MIPIM dream through colleagues in the past, Janice Northover prepares for a week of sun, stereotypes and new connections
Former Dundas & Wilson partner John Pike, who left the firm after less than a year, has resurfaced at Osborne Clarke, as a number of other lawyers also leave the Scottish firm’s London office.
Many European firms are finally waking up to succession planning.
Field Fisher Waterhouse (FFW) has appointed partners Alison Dennis and Guy Usher to its executive committee, with Dennis the first female appointee.
Field Fisher Waterhouse’s (FFW) head of IP and IT Mark Abell has resigned to join Bird & Bird.
Field Fisher Waterhouse (FFW) has announced a new leadership structure that will see acting chief Michael Chissick take on the managing partner role in full.
FFW is considering moving into premises at 10 Aldermanbury off London Wall as the clock ticks on the lease for its current City headquarters.
Firm’s net debt increased by more than 350 per cent to £3.3m in the 2011/12 financial year, LLP accounts show.
Former barrister, trainer and mindfulness coach Neil Seligman digests the 2012 statistics from LawCare along with recent scientific discoveries on the benefits of presence, mindfulness and meditation.
Debevoise, Latham, Skadden and Weil among counsel on AMR tie-up with US Airways
Former 39 Essex Street silk, Rohan Pershad QC, has been convicted of tax fraud.
Two former tax partners from Berwin Leighton Paisner (BLP) have joined forces with a consultant from CMS Cameron McKenna to launch tax boutique Rosetta Tax.
Dewey & LeBoeuf’s former executive director Stephen DiCarmine will appear in a US bankruptcy court next week after several ex-Dewey partners objected to the firm’s bankruptcy plan.
Former Ince & Co partner Nathan ‘Andy’ Iyer has been jailed for four years and eight months after being convicted of forgery and false accounting.
Fountain Court’s Derrick Dale QC talks about his first two years as silk.
The legal teams at the London boroughs of Merton, Kingston, Sutton and Richmond are to merge following final approval from Merton Council.
Employment firm picks up experienced professional training lawyer to set up a team dedicated to the field.
Firm is third to face professional negligence claims over how it handled a group action over MMR vaccine
Freshfields and Herbies advise on the £164.5m takeover of Sutton & East Surrey Water by Japan’s Sumitomo Corporation.
Senior Barclays in-house lawyers have emerged as the frontrunners for the bank’s general counsel job.
A year after first announcing it was going to launch in Germany, Herbert Smith Freehills (HSF) has finally made good on its promise. Last week the firm announced it had hired a partner from its former German ally Gleiss Lutz to open in Frankfurt.
German independent Heuking Kühn Lüer Wojtek has announced a turnover increase of 3.7 per cent for the 2012 year.
Trial of employee accused of making £33,000 of false overtime claims delayed because defendant is unwell.
BLP, Freshfields, Gibson Dunn and Slaughters attend Bumi shareholder meeting where Nat Rothschild was defeated in his bid to assert control over the company.
Dutch firm De Brauw Blackstone Westbroek and Linklaters have played lead roles on ORIX’s acquisition of Dutch asset manager Robeco Groep from Rabobank.
Latham & Watkins has posted a 3.4 per cent rise in total turnover along with a 7.4 per cent increase in average profit per equity partner (PEP) for the 2012 financial year.
Goodwin Procter adds Travers Smith partner Paul Lyons to its growing London office.
It’s been a long time coming, but European regulators have finally rubber-stamped Intercontinental Exchange’s (ICE) $11bn (£6.79bn) takeover of NYSE Euronext.
Guildhall Chambers offers “support, respect and friendship” to member charged with conspiracy to defraud.
Linklaters has hired Haarmann Hemmelrath co-founder Wilhelm Haarmann as a partner in its Frankfurt office.
Halebury seals the England football team as a client after Kingsley Napley corporate partner Michelle Harris joined the firm.
Harneys seals association with Mauritius firm BLC Chambers in bid to grow its presence in Africa.
Herbert Smith Freehills (HSF) has turned to Slater & Gordon for a partner to help lead its London white-collar crime team.
Herbies and Hogan Lovells win first-time spots on Land Securities’ legal panel following a review of the £20m advisory roster.
Herbert Smith Freehills (HSF) has been hit with another litigation defection after of counsel Nichola Peters announced that she is leaving the firm for Addleshaw Goddard.
Herbert Smith Freehills (HSF) has secured a partner from former alliance partner Gleiss Lutz to help launch its first office in Germany.
Senior Herbert Smith Freehills (HSF) litigation partner Simon Bushell is set to join the London office of US firm Latham & Watkins in the latest exit from the firm.
Herbert Smith Freehills (HSF) is retaining 75 per cent of its spring 2013 newly qualified (NQ) solicitors, down from 88 per cent the previous year.
Private equity house HgCapital has appointed former Clifford Chance senior associate Andrew Jessop as its general counsel in a move that sees former legal chief Alison Hampton move to a compliance role.
You’d expect the magic circle to come out top of any M&A rankings. But as our exclusive analysis of City firms’ corporate revenues reveals, it’s Clyde & Co that is the surprise star in this year’s figures table. Intrigued? We are, too.
Hill Dickinson is launching an office in Monte Carlo in a bid to boost its yacht and shipping practices.
Hogan Lovells’ LLP accounts showed a fall in profits due to increased operating expenses in the last financial year.
Hogan Lovells today reported the death of senior intellectual property partner David Latham.
Herbert Smith Freehills (HSF) and Weil Gotshal & Manges took lead roles in the latest litigation involving the failed Icelandic bank Kaupthing.
As the Vicky Pryce retrial gets under way, Gareth Weetman says that juries invariably reach sensible, logical verdicts in trials
Firm moots adding natural resources to current roster of five industry groups.
The residual Cobbetts shell is facing creditor claims from the HMRC after falling behind on payments prior to its takeover by DWF.
Veteran aviation lawyer and partner in Hogan Lovells’ Washington, DC office Jeffrey Shane is to join the International Air Transport Association (IATA) as general counsel.
Irwin Mitchell has shelved plans for a stock market flotation despite previously indicating that an IPO could be a part of its future.
Irwin Mitchell boss targets growth in firm’s business legal services division to break £200m turnover target.
The sole in-house legal advisor at Islam Channel TV has left to join Japanese gaming company Konami.
Employment alliance appoints Vasil Kisil & Partners as a member and makes Nestor Nestor Diculescu Kingston Petersen and Al Tamimi & Company affiliate members.
Decision in GSCE-marking judicial review puts the process, and its implications, under the spotlight
The latest round of ABS approvals has seen a motor claims specialist with an in-house law firm, a £15m national firm and a costs specialist all gain licences.
K&L Gates has launched in Houston with the hire of Fulbright & Jaworski securities head Charles Strauss ahead of the latter’s merger with Norton Rose.
Technology boutique Kemp Little has hired K&L Gates IP partner Rebecca Halford-Harrison.
K&L Gates has posted its results for the 2012 financial year, exposing more information than any other US law firm in the reporting season so far as it announced stable revenue figures.
King & Spalding has launched a Russian disputes practice with the hire of Noerr disputes partner Ilia Rachkov.
A High Court judge has been reprimanded by the Lord Chief Justice, Lord Judge, and Lord Chancellor, Chris Grayling MP, following a complaint.
HL Legal Solicitors has agreed to buy Cobbetts’ debt recovery business Incasso from KPMG, which acted as the failed firm’s administrators.
Landmark Chambers has won a Court of Appeal (CoA) victory for a university graduate who claimed that being required to work for free at a Poundland store breached laws on forced labour.
McDermott Will & Emery made 54 lateral partner hires in 2012, more than double that of the previous year, according to the US firm’s annual global performance data.
Insurance lawyers at Norton Rose and RPC are among the founding members of an LGBT network for the insurance industry.
It’s not been the greatest week for lawyers and law firms in the courts.
Lawrence Graham (LG) and SNR Denton have taken lead roles on the sale of the Jessops brand and certain assets to a group including Dragons’ Den entrepreneur Peter Jones.
LG is reverting back to its original Lawrence Graham name in a rebranding move aimed at building on its growing international presence.
Gibson Dunn & Crutcher, Jones Day, Linklaters and Sidley Austin have been awarded qualifying foreign law practice (QFLP) licences by the Singapore Ministry of Law as 19 other firms miss out.
Linklaters has landed the lead role advising the Moscow Exchange, Russia’s primary stock index, on its planned stock market flotation, which is set to value the company at up to $4.6bn (£2.9bn).
Former Linklaters US head Larry Byrne has left the firm to join Pepper Hamilton alongside a five-person disputes team from the magic circle firm’s New York office.
Linklaters has been instructed by administrators at Ernst & Young (E&Y) in the latest in a string of insolvencies to hit the British high street this year.
Linklaters is set to lose three partners, a consultant and an associate from its Paris capital markets team to US firm White & Case.
This week is the official opening of the legal year, but at The Lawyer, the coverage of litigation never stops; check our litigation pages for reporting and analysis of the big issues in the world of dispute resolution. If you’d like to get this sent straight to your inbox, then you can sign up for our weekly email round-up. See below for a selection of recent comment blogs.
US firm Locke Lord has taken a role advising the group tasked with preparing Republic for a sale after the clothing chain went into administration earlier this month.
LPO provider CPA Global has opened its first office in mainland China and acquired a Silicon Valley-based company to expand its IP management offerings.
New York firm Maalouf Ashford & Talbot is entering the Brazilian and Indian markets, three years after signing an association in Saudi Arabia.
Macfarlanes has continued to invest in its funds group with the hire of Akin Gump partner Simon Thomas
The magic circle is struggling to keep revenues growing at a faster pace than costs, The Lawyer’s report into a cross section of firms’ LLP accounts show.
Nordic firm Magnusson has hired three partners for its Copenhagen office, including the managing partner of Eversheds’ local office, Nikolaj Juhl Hansen.
Swedish firm Magnusson has added to its expanding roster of offices with a Berlin launch, through the hire of Mannheimer Swartling partner Thomas Kaiser-Stockmann.
Being appointed a QC is the pinnacle of many barristers’ careers. There are 100 new silks this year and five of them are solicitors. That number may be creeping up, but female representation has not
Malaysia headquartered regional firm ZICOlaw has established an office in Yangon, Myanmar, it’s seventh location outside of Malaysia.
Maples’ 2012 hiring spree has pushed it to the top of the offshore top 30 again, with the firm overtaking Appleby as the world’s largest by headcount.
Mayer Brown has entered the US financial reporting season with a drop in both partner profits and turnover, with the latter slipping from $1.13bn in 2011 to $1.09bn in 2012.
Chambers head said a merger between his set and public law set Atlas Chambers is not a “rescue” deal.
Exeter-headquartered Michelmores has beefed up its Bristol base with the hire of Osborne Clarke private client head Sandra Brown.
Mills & Reeve and Manchester firm George Davies are understood to have held tie-up talks, with both firms separately confirming that they are considering mergers.
Mishcon de Reya has hired an international arbitration partner from Tanzania in a bid to expand its African coverage.
Ministry of Justice unveils this year’s honorary silk list, with Baroness Deech, Professor Geraldine Van Bueren and CEDR deputy chief executive Eileen Carroll getting the nod.
Expectant barristers have learned whether their silk applications have been successful, with 84 making the grade.
Nabarro, Stephenson Harwood and Weil Gotshal & Manges have taken key advisory roles on the sale of healthcare group UK Specialist Hospitals (UKSH) to Care UK.
Nationwide Building Society has delayed the launch of its general panel review until the autumn.
Norton Rose has made another acquisition in Canada, swallowing up a two-partner employment and labour boutique in Calgary.
Norton Rose has appointed Sydney partner Adrian Ahern as global chairman, with the corporate partner replacing Canada-based Norman Steinberg.
The ebbs and flows in global corporate work are unpredictable, but in our number crunching series of corporate deals data you can discern where the trends are. Click below to find out what’s happening in IPO and BRIC-related work.
Osborne Clarke (OC) has hired former Eversheds UK corporate head Mark Spinner in a move that gifts the Bristol-headquartered firm its 50th London partner.
OC has recruited Stephenson Harwood commercial and outsourcing partner John Buyers in the latest hire into its City base.
Osborne Clarke (OC) has added another London partner with the hire of Wragge & Co litigator Tom Ellis.
The total volume of offshore deals for 2012 remained lower than in the two previous years, but average deal value is on the rise.
Shearman & Sterling, SJ Berwin and Debevoise & Plimpton are among a raft of firms to win roles as Warner buys Parlophone
The QFLP licence system is proof of Singapore’s importance as a global business hub.
US firm Orrick Herrington & Sutcliffe’s City team and Slaughter and May advised as ITV bought the freehold for the London Television Centre from the Coal Pension Properties.
German independent Heuking Kühn Lüer Wojtek has snared a team of nine lawyers from Orrick to strengthen its Düsseldorf and Frankfurt real estate teams.
Two more partners have left Linklaters’ Australian ally Allens to join rival firms in Sydney and Singapore.
Team of partners join forces to launch Dutch boutique focusing on advice for corporate clients.
Paul Hastings has posted a 3 per cent increase in revenue for 2012, pushing average profit per equity partner (PEP) up 6 per cent to $2.08m.
The multi-million pound dispute between Britain’s richest man Lakshmi Mittal, chair and CEO of ArcelorMittal and rival Manmohan Varma has been settled on the court steps.
Pinsent Masons is launching a contract lawyer service for clients in the mould of Berwin Leighton Paisner (BLP) offering Lawyers on Demand and Eversheds Agile.
Pinsent Masons is set to launch an infrastructure-focused Turkey office after inking a deal with a local lawyer.
Pinsent Masons has taken the heart of Fasken Martineau’s London life sciences practice, hiring group leader Paul Ranson and a team of partners.
Pinsent Masons’ highest paid partner received £531,645 in 2011/12, down from £558,797 in 2010/11.
Portuguese independent PLMJ is continuing its international focus with the launch of a team focusing on cross-border projects work.
North West firm Marsden Rawsthorn has been acquired by its partners in a management buyout (MBO) after going into administration.
Former Attorney General representing Patrick McKillen in appeal court.
The number of barristers being awarded silk hits lowest level since the system was reviewed in 2006.
Barristers who applied for silk in the latest round have learned their fate. Here, successful QC applicants answer questions about life at the bar, the silk process, and which actor would play them in a film
Barristers who applied for silk in the latest round have learned their fate. Here, successful QC applicants answer questions about life at the bar, the silk process, and which actor would play them in a film
Barristers who applied for silk in the latest round have learned their fate. Here, successful QC applicants answer questions about life at the bar, the silk process, and which actor would play them in a film
Having just been awarded silk in the latest round, Hardwicke’s tee-total, gay, left-wing feminist Michelle Stevens-Hoare shares her thoughts on the application process.
Four of Ireland’s largest firms have taken roles on the €1.3bn (£1.1bn) sale of Irish state-owned pensions company Irish Life to Canada’s Great-West Lifeco.
Quinn Emanuel enters US financial reporting season with an 18 per cent increase in gross revenue, taking global turnover to a record $852.5m.
French corporate boutique Redlink has picked up two partners from Nixon Peabody’s dissolving Paris office, bringing the number of partners at the firm to eight.
Reed Smith has posted a 2 per cent increase in total revenue, enough to secure it a total revenue figure above $1bn for the 2012 financial year.
There’s a new generation at Slaughter and May, which has two new practice heads in Andy Ryde and Andrew McLean, who are replacing Frances Murphy and Paul Stacey. The elite firm is quietly reshaping itself
Former 39 Essex Street silk Rohan Pershad QC has been jailed for three and a half years after being found guilty of VAT fraud.
RPC has become the latest firm to win a mandate amid the recent spate of UK high-street casualties after being appointed by Sports Direct to advise on its purchase of Republic.
RPC saw turnover rise by 12 per cent in 2011/12 while its distributable profit increased by 18 per cent.
The Russian government has appointed a lawyer to represent Sergei Magnitsky in a trial now set to take place on 4 March.
The SDT has taken Italian lawyer Gabriele Giambrone off the SRA’s register of European lawyers after finding him and two colleagues guilty of accounting irregularities.
Sean Jones QC discusses the tensions between Lord Neuberger and the government
Bird & Bird’s launch in Korea through a non-exclusive tie-up with Hwang Mok Park underlines continuing interest from UK firms in the jurisdiction. There are 20 international firms in Seoul already, but so far only four – Clifford Chance, DLA Piper, Herbert Smith Freehills and Linklaters – have boots on the ground.
The SFO hires Slaughters to act on the defence of two multi-million pound damages claims brought by Robert and Vincent Tchenguiz.
Stephenson Harwood has launched a Paris disputes practice following the termination of its longstanding association with former touted merger suitor BCTG & Associés.
Shakespeares has appointed a new managing director to help the firm achieve its ambition of breaking the £50m turnover barrier.
Firm’s City growth outstrips that of the firm as a whole, with London posting a 3 per cent rise to $112.6m while firmwide turnover stood relatively still at $725m.
Shoosmiths has gained a publishing and digital media group after acquiring niche digital firm Laurence Kaye Solicitors.
The number of female barristers who applied to become Queen’s Counsel has dropped by a third this year, statistics show.
Monckton Chambers’ Tim Ward QC talks about his first two years as a silk.
Simmons & Simmons has advised UK mobile telecoms company Truphone as Russian billionaire Roman Abramovich pays £70m for a 23.3 per cent stake.
Singapore-based Rajah & Tann has expanded its South East Asia network to Cambodia and Myanmar by tying up with two local firms.
Firm sends senior figures to Australia to seek a combination with a local firm as it aims to become the latest foreign outfit to enter the market.
Listed Australian firm Slater & Gordon has announced a 46.5 per cent increase in its half-year revenue following its takeover of Russell Jones & Walker (RJW) last year.
City lawyers at trio of firms land key roles on IPO of UK estate agency.
A Squire Sanders partner who specialised in property litigation has left the firm’s London office to set up his own boutique, claiming he can do the same work for clients at half the price.
Birmingham set St Philips Chambers is broadening its reach with dual launches planned for London and Leeds.
Staff at former Cobbetts debt recovery business Incasso have been put into redundancy consultation weeks after the business was bought from the failed firm’s administrators.
The SDT has struck off Stewarts Law litigation partner Andrew Shaw following private prosecution proceedings.
Paris-based corporate star quits US firm to set up his own practice in a bid to get closer to clients on both advisory and contentious work.
Fried Frank wins Supreme Court victory for Marshall Capital and Konstantin Malofeev in a $330m dispute with state-owned Russian bank VTB Capital.
A celebrity prankster tried to gatecrash Sunday’s Oscars in a swan costume despite receiving a written warning from a Quinn Emanuel Urquhart & Sullivan lawyer.
HMRC’s rules on partnership taxation have thrown many law firms into a flurry of activity. Since January, capital calls have become common and many junior partners have changed their status in order to comply with the new regulations
Profits at Taylor Wessing’s UK LLP increased by almost 20 per cent in the 2011/12 financial year, according to the firm’s consolidated accounts.
Mid-market consolidation among firms continues as Teacher Stern is set to swallow up fellow London firm Butcher Burns.
The case of VTB Capital Plc v Nutritek International Corp and others will be mentioned for years to come, says Fried Frank partner Justin Michaelson
The legal market’s most-talented and influential professionals will be celebrated later this year.
The Lawyer is today launching a dramatically enhanced new website to showcase more of its market-leading content than ever before.
Lawyer, crime writer and former love interest of Sir Michael Caine’s daughter Nathan ‘Andy’ Iyer was jailed for four years yesterday for stealing nearly £3m from his firm and its clients through a scheme involving fictitious companies and false invoices.
The Queen has approved the latest appointment to the Supreme Court bench with Lord Justices Toulson and Hughes and Lord Hodge being promoted.
Norton Rose’s highest earning partner took home more than £1m in 2011/12 – the most that has ever been paid to a member at the firm since it became an limited liability partnership.
Former Travers trainee claims firm discriminated against her by not granting her a permanent job because she was pregnant.
Travers Smith has unveiled a 1.5 per cent increase in its half-year revenues for the first six months of the 2012/13 financial year.
Travers Smith has chosen corporate head Chris Hale as its new senior partner, replacing Chris Carroll who stands down this year.
Addleshaw Goddard, Dundas & Wilson and Herbert Smith Freehills (HSF) have all been reappointed to Standard Life Investments’ (SLI) real estate panel.
Cuatrecasas has reported turnover growth of 1.2 per cent in 2012, with revenue hitting €245.6m (£212m) thanks to a strong performance from its nine international offices.
Fried Frank and Shearman join host of firms advising on the $23.3bn (£14.9bn) takeover of Virgin Media.
Davis Polk, Kirkland and Wachtell were among the advisers on the $28bn (£18bn) takeover of food giant Heinz by an investment consortium.
Debevoise & Plimpton, Hogan Lovells, Simpson Thacher & Bartlett and Wachtell Lipton Rosen & Katz have taken advisory roles on the $24.4bn (£15.5bn) leveraged buyout (LBO) of Dell, reported to be the biggest take-private since the financial crisis.
Walker Morris has added its second regulatory specialist in six months, hiring Trudy Feaster-Gee as a partner from Lloyds Banking Group
Leeds firm Walker Morris has appointed James Powell, previously a commercial director at Everton Football Club, as a consultant in its sports team.
US firm acts as lead counsel to the publisher of Reader’s Digest after the magazine’s owner filed for bankruptcy for the second time in four years.
Weil Paris partner Laurent Faugérolas quits legal practice and France to set up a corporate advisory boutique in London.
Watson Farley turns to German independent Heuking for employment partner Anne Kleffmann as it continues to expand its German offering.
White & Case and Speechly Bircham advise as Swedish bank Handelsbanken acquires wealth and investment manager Heartwood Wealth Group.
White & Case has posted a 15 per cent increase in average profit per equity partner (PEP) for the 2012 financial year.
Withers is to launch a consultancy group following client demand for a service that will help family-run businesses resolve arguments.
Withers has appointed a partner from offshore firm Appleby to set up a pan-European investment funds practice.
While many Chinese clients are not yet experienced in managing cross-border M&A transactions, neither are they familiar with using external legal advisors.
Digital TV provider YouView has turned to Virgin Media for its new head of legal, pulling in Virgin’s assistant general counsel Toni Vitale for the chief role.