Online November 2013
With a delegated act, the European Commission has issued a draft rule amending Regulation 1169/2011 with regard to the use of the term ‘nano’ to describe food additives.
On 25 October 2011, the European Parliament and the Council adopted Regulation (EU) No 1169/2011on the provision of food information to consumers.
The Commercial Court has ruled on a number of key legal issues concerning the duties owed by Lloyd’s brokers to remit funds promptly to clients and reinsurers.
Owning a house as joint tenants is rarely simple, particularly if there is a diversity of citizenship and/or fiscal status amongst the spouses.
What metrics are the most valuable to manage your legal department and show its value to stakeholders in the company?
According to statistics released by China’s Ministry of Commerce, Chinese outbound investment will continue its robust upward trend during the latter half of 2013.
2013 Warsaw Climate Change Conference: international negotiations seek to raise ambition to combat climate change download
International climate change negotiations are now under way at the 2013 United Nations Climate Change Conference in Warsaw.
The 2014 edition of Chambers UK has recognised Pillsbury’s outsourcing and information technology practice and several partners.
The ‘day in a life of’ scenarios were researched and compiled by Rob Thomas, vice-president of strategic development for Serengeti Law.
A roadmap to cross-border finance download
The Bank of International Settlements recently reported that renminbi (RMB) had for the first time become one of the top 10 most-traded international currencies.
Mills & Reeve have released its regular round-up recent litigation cases.
Can a claimant, whose claim is dismissed for a failure to comply with the rules or a direction, begin another action with impunity, as long as he is within the limitation period?
While the majority of the Stronger Super reforms have now commenced, a number of changes are due to come into effect at the end of 2013.
This case concerns the shared use of the mark NATHAN BAUME and a stylised N for various leather fashion items produced by two entities.
Addleshaw Goddard has announced the hire of Nigel Francis, former head of litigation and employment at Minter Ellison, as head of its associated Hong Kong law firm operations.
The Leeds office of law firm Addleshaw Goddard has advised John Laing on a deal that will see a major onshore wind farm delivered.
Addleshaw Goddard has appointed corporate expert Ben Gillespie to its Dubai office in a move to further strengthen its core GCC offering.
Addleshaw Goddard has appointed private equity specialist Andrew Johnston as part of its strategy of investing in new relevant service lines in growth areas.
Mark Molyneux, a north-west lawyer at Addleshaw Goddard, is to speak at an international arbitration conference in Africa.
Wragge & Co’s construction experts review cases involving challenges to adjudication enforcement on jurisdictional and natural justice grounds.
In this briefing, Nabarro considers recent changes in planning legislation relating to affordable housing.
Age-related contribution rates to an occupational pension scheme can be objectively justified download
The Equality Act 2010 prohibits discrimination against an individual based on their age. However, there are a number of statutory exemptions in the UK that apply to this overriding principle.
With the John McCririck age discrimination case hitting the headlines, Wragge & Co experts look at this case alongside other age discrimination developments this year.
Businesses should be aware that there is more than institutional change afoot when the new Competition and Markets Authority comes in on 1 April 2014.
The Public Sector Equality Duty was brought in by the Equality Act 2010 and came into force in April 2011.
Luxembourg isn’t just a financial centre. Over the past few years, Luxembourg has made significant efforts to diversify its marketplace and to ensure its attractiveness as one of the leading countries in Europe in IT/IP and e-commerce.
Allen & Overy has advised the syndicate of banks led by Credit Suisse on the successful initial public offering (IPO) by Cembra Money Bank.
Allen & Overy has advised BNP Paribas in connection with a capital increase of around €100m (£85m) executed by AIXTRON.
Allen & Overy has advised Husky Injection Molding Systems on its acquisition of Schöttli Group. The sale is expected to close in early December.
Turnover is £608m, up 7.5 per cent on the same period last year (£566m). The results reflect a steady improvement in trading conditions in most markets.
Allen & Overy partner Jeffrey Sullivan and counsel Prof Leigh Hancher are set to speak at the EUI Florence School of Regulation 2013 Forum.
Allen & Overy will be presenting a client seminar on 10 December called ‘Contracting with foreign states or state-owned entities: what are the risks and how can they be managed?’
Allen & Overy has succeeded in the category of corporate law and has also been named Law Firm of the Year 2013 for Best Client Service.
Allen & Overy is hosting an ICC Institute Masterclass for Arbitrators, an advanced-level course for practitioners wanting to gain more experience of sitting as arbitrator.
Patricia M Hynes, senior counsel at Allen & Overy, has received the New York Law Journal’s 2013 Impact Award.
The Directive aims to introduce a harmonised regulatory framework across the EU for EU-established managers of alternative investment funds.
Greg Brandman, partner and banking regulation expert at Eversheds, has said that the amendment added to the UK Banking Reform Bill is ‘misguided and ill informed’.
The recent changes to the Workers’ Compensation and Rehabilitation Act 2003 (Qld) have generated debate.
This update outlines what has stayed the same under the limited merits review regime, what has changed and the developments during the SCER’s consultation on the NEL and NGL amendments.
Today, amendments to the Serbian Competition Law entered into force. The key changes are related to the proceedings and statute of limitations provisions.
The right for individuals to gain access to personal information that organisations hold about them is a core requirement of most data protection laws.
Annual DTV ancillary/supplementary services report due for commercial and noncommercial digital television stations download
All commercial and noncommercial educational digital television broadcast station licensees and permittees must file FCC Form 317 by 2 December 2013.
This advisory is directed to stations in Alabama, Colorado, Connecticut, Georgia, Maine, Massachusetts, Minnesota, Montana, New Hampshire, North Dakota, Rhode Island, South Dakota and Vermont.
ATED applies an annual sliding scale of stamp duty land tax on the ownership of any home over £2m held through a corporate structure as well as tax on certain gains.
Peter Hubbard has been announced as the new senior partner at Anthony Collins Solicitors.
On 25 September 2013, the French government released the key measures of the draft Finance Bill for 2014 that would have a notable impact on French companies.
Antitrust agencies amend premerger notification rules to clarify reporting of acquisitions of pharmaceutical patent rights download
The new rules may cause an uptick in premerger notification filings in the pharmaceutical industry.
Appleby has acquired two of Coutts’ trust businesses as part of its strategy to grow its fiduciary and administration business.
Appleby has acted as Bermuda and BVI counsel to Credit Suisse in connection with a two-tranche convertible bond issuance by Goldpoly New Energy Holdings.
Appleby has acted as Cayman counsel for PW Medtech Group in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby acted as Cayman counsel for China Success Finance Group Holdings in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 13 November 2013.
Appleby acted as Cayman counsel for JC Group Holdings in relation to its listing on the Growth Enterprise Market of the Hong Kong Stock Exchange on 21 November 2013.
Appleby has acted as lead counsel to Standard Chartered in connection with the consolidation of its two Jersey banking entities.
Appleby and Liberation Management have together filed an application for the registration of the personality and image rights of Storm Models’ Megan Williams.
Appleby Guernsey has announced the appointment of senior funds and finance lawyer Kate Storey, who has joined as counsel.
Appleby has hired Orla Tynan as a trainee advocate in the Isle of Man litigation and insolvency team and Alicia Cain to the Isle of Man corporate and commercial team.
Appleby has held a seminar entitled ‘Directors — do you know your duties?’, which was held on 15 November at the Old Government House Hotel, St Peter Port, Guernsey.
Appleby Isle of Man has now held the island’s top spot in all three leading independent legal directories for five consecutive years, after receiving Tier 1 rankings once again in 2013.
Appleby has reported stabilised offshore M&A activity and continued high levels of IPOs in Q3 2013, which the firm highlights in its latest Offshore-i Report.
Judy Lee, a parter at Appleby, has won the offshore practice area individual award at the third annual Asia Women in Business Law Awards.
This briefing concerns the latest judgment in the Ablyazov matter following a third application brought by English court appointed receivers, in which the Jersey Royal Court held that it had jurisdiction to appoint the receivers (whose appointment had been recognised by the Jersey Court in an earlier judgment) as managers of a Jersey company.
The Australian Prudential Regulation Authority (APRA) has issued the final version of its new prudential practice guide, Prudential Practice Guide CPG 235 — Managing Data Risk.
Walker Morris and the Association for Public Service Excellence have developed a partnership to help APSE support its members in driving forward initiatives related to the renewables and energy agenda.
In UPMS v Fort Gilkicker, the High Court had to decide whether common law recognises the concept of double derivative actions.
ASIC has released its updated Information Sheet 155, ‘Complying with requirements for superannuation products and simple managed investment schemes’.
ASIC is proposing to update and broaden its current employee share scheme class-order relief and regulatory guidance in response to developments in market practice and the need for clarity.
It is important to understand the difference between assignment and novation when engaging in construction and engineering projects.
One of the main Jackson reforms to affect civil litigation was the abolition of the recoverability of ATE insurance premiums and success fees in CFAs from the losing (paying) party.
The ATED tax, effective from April 2013, applies to companies (and similar kinds of structures) that own dwellings with an individual value of £2m upwards.
Minter Ellison has continued to ‘reduce, recycle and reuse’ during the past 12 months, according to the Australian Legal Sector Alliance’s (AusLSA) 2012–13 report.
Sixteen years after the Wallis Inquiry, Australia is again embarking on a new Financial System Inquiry (FSI).
On 6 November 2013, the government’s position was announced in relation to 92 previously announced but unlegislated tax and superannuation measures.
Over the past 12 years, 96 tax-related measures have been announced by former governments that have not been legislated.
The Australian Prudential Regulation Authority is proposing to adopt a simplified principles-based approach to prudential regulation of the Australian securitisation market.
Given its long lead in, one would think that everyone was ready for auto-enrolment. In reality, it appears not to be the case, as the Pensions Regulator has issued its first compliance notice.
Nabarro’s quick guide shows you how auto-enrolment will affect your business and provides you with a list of your obligations.
Autumn Statement 2013 predictions download
Withers predicts what will feature in the Autumn Statement 2013.
It is reported that George Osborne is considering imposing capital gains tax on foreign property owners in an attempt to curb soaring house prices in and around the capital.
Caroline Atkins discusses how Australian government agencies can gain the commercial solutions they need in ICT procurement while avoiding the pitfalls of open source licence risks.
The automatic-enrolment regulations have the effect of preventing members of defined-contribution automatic-enrolment schemes being forced to pay consultancy charges.
Judge Martin Glenn has held that original issue discount (OID) created in a prepetition ‘fair market value’ debt exchange is not disallowable in bankruptcy.
The EU General Court has upheld an OHIM Board of Appeal decision, allowing Boomerang TV’s opposition to Cartoon Network’s CTM application for BOOMERANG.
Dacheng has been named as an outstanding legal aid provider by the Beijing Bureau of Justice.
The aviation industry is once again proving to be a bourgeoning sector of the global economy following the effects of the 2008 financial crisis.
Bermuda is well placed to benefit from increased life expectancy rates that have some employers seeking to restructure the pension entitlements of their employee members.
More sophisticated analysis and a deeper appreciation for the flexibility of arbitration can help avoid disappointments.
Licensees must file using FCC Form 323-E and must also place the form as filed in their stations’ public inspection files.
Binder Grösswang has won two awards in the categories ‘Banks, Capital Markets, Restructuring’ and ’Capital Markets’ in the Advocatus ‘13 clients’ awards.
In reality, the guidance does not tell us much that we did not already know. One point, however, is worth noting.
This judgment highlights the overriding objective of the IPEC, which is to assist small and medium enterprises in resolving their intellectual property disputes at low cost.
Chief clerk for planning, environment, administrative and public law, and local government
Simon Crossley of Eversheds has said that it is no coincidence that trade-secret theft has increased, due to businesses storing information on networked systems.
The long-running battle between Cadbury and Nestlé continues.
The EAT has considered whether a successful internal appeal could ‘cure’ an initial decision to refuse an employee’s flexible working application that was indirectly discriminatory because of sex.
The Advocate General’s opinion in Georgetown University has been released. It fails to recommend whether or not more than one SPC can be granted based on the same patent.
The CRC Energy Efficiency Scheme Order 2013 recently came into force with the intention of simplifying the Carbon Reduction Commitment Energy Efficiency Scheme.
Case update: a timely reminder — delay in bringing security for costs applications may be fatal download
The position that any delay in bringing a security for costs application is a factor that bears considerable weight in the exercise of the court’s discretion to grant such an order.
In a judgment dated 25 September 2013, the NSW Court of Appeal has found that a builder owed a duty to exercise reasonable care in the construction of a building.
The European Commission is considering amending the EU Merger Regulation (EUMR) to allow it also to review certain acquisitions of non-controlling minority shareholdings.
Some jurisdictions have legislation that restricts the provision of documents in support of foreign litigation.
Eversheds has been appointed as legal adviser to the Cell Therapy Catapult, a UK centre of excellence in cell therapy, following a competitive pitch process.
This ANPR signals an effort on the part of the CFPB to expand dramatically the category of debt collectors subject to such federal regulation.
Ogier has been promoted to a top-tier firm in Guernsey and continues to hold top slots in Jersey in the Chambers UK 2014 rankings.
The government has published details of changes to the law designed to make the administration of automatic enrolment easier.
Changes to Belgian law on late payment in commercial transactions to enhance protection of creditors download
Changes to Belgian law on late payment in commercial transactions should enhance protection of creditors.
Registration fees and levies under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) (OPGGS Act) have recently undergone changes.
Changes to legislation aimed at providing incentives for hydrocarbon production at offshore deposits download
On 30 September 2013, Russia’s President signed into law Law No. 268-FZ, which amends the Tax Code, the Customs Duties Law and the Continental Shelf Law, with the aim of providing incentives for hydrocarbon production at subsoil sites.
The Takeover Code applies to all offers for companies registered in the UK, the Channel Islands or the Isle of Man whose securities are traded on a regulated market.
US persons who want the tax break in both the US and the UK need to take action before 31 December.
Charity Commission accepts Public Accounts Committee recommendations regarding the Cup Trust download
Charity Commission accepts Public Accounts Committee recommendations regarding the Cup Trust, and claims it has already implemented many of them.
On 16 September 2013, the Charity Commission published its revised public benefit guidance for all charities.
The Charity Commission’s revised public benefit guidance consists of three short guides on the public benefit requirement, running a charity and public benefit reporting.
Anthony Collins Solicitors has been named as a top five legal adviser to the top 350 charities in the UK in the second annual Charity Legal Survey by Charity Finance.
The new guidance explains in detail how charity trustees should approach making decisions affecting their charity.
Charles Priday of 7KBW acted for the successful appellants in BAT v Exel Europe and others  EWCA Civ 1319.
This briefing summarises current PRC laws relating to the board of directors and the board of supervisors of foreign-invested companies.
China’s Anti-Monopoly Law: review of merger control and merger remedies regime in China from 2008–13 download
This article presents an overview of the merger control regime, in particular the merger remedies regime in China from the perspective of practitioners.
China’s growing share of world trade and the size of its economy mean that what happens within China is directly relevant to the rest of the world.
A recent decision by the English Commercial Court confirms that matters of fact and evaluation of evidence are for the arbitrators.
Claim for cease and desist against sending unrequested ‘tell a friend’ recommendation emails via a recommendation function download
The Federal Supreme Court has found that a claim for cease and desist can be asserted against the company that provides a recommendation function at its webpage.
Clamping down on unlawful subletting download
The Prevention of Social Housing Fraud Act 2013 came into force on 15 October 2013. It addresses the overwhelming statistics relating to unlawful subletting and housing fraud.
Through new legislation, we can read the the China Securities Regulatory Commission’s attitude regarding path selection on the reform of the asset-management business.
Ogier is counsel to the ISDA and is often asked to advise on the enforceability of close-out netting and set-off provisions under ISDA and other standard form agreements.
We advise on all aspects of company life, from the establishment of new businesses to the creation of inter-business relationships.
On 6 November 2013, the Commercial Court handed down its judgment in Tokio Marine Europe Insurance Ltd v Novae Corporate Underwriting Ltd.
The European Commission has adopted implementing rules for applications concerning the use of generic descriptors under article 1(4) of Regulation (EC) No 1924/2006.
The consultation on further reforms to the Community Infrastructure Levy closed in May 2013. The government has now published its response to the consultation.
The Companies Act 2006 Regulations 2013, which came into effect on 1 October 2013, change the current narrative reporting framework under the Companies Act 2006.
In September 2012, the European Commission adopted a proposal for a regulation on in vitro diagnostic medical devices.
A landlord and a tenant generally have opposing objectives when negotiating a new commercial lease.
The October 2013 issue of Nabarro’s Construction and Engineering newsletter is available now.
Insurers may find themselves effectively fixed with constructive knowledge of certain information available online and hence unable to rely on policy conditions to decline cover.
Contracted-out tenants: take note download
The recent case of Barclays Wealth Trustees (Jersey) Ltd v Erimus Housing Ltd  serves as an important lesson to tenants of a contracted-out lease.
The purpose of this white paper is to help in-house counsel bridge this gap by translating legal process improvement into a value proposition that will resonate with the chief financial officer.
Conyers Dill & Pearman has advised Avolon, an aircraft leasing group, on the Bermuda law aspects of its $636m asset-backed securitisation for Emerald Aviation Finance.
Conyers Dill & Pearman has advised International Housewares Retail Company regarding its HKD600m listing on the main board of the Hong Kong Stock Exchange.
Conyers Dill & Pearman has advised insurance specialist Lancashire Holdings on its placing to raise funds for the proposed acquisition of Cathedral Capital.
Conyers Dill & Pearman has advised the first Class A-exempt fund to be registered in Bermuda under the new funds regime.
Conyers Dill & Pearman is co-sponsoring the American Bar Association Section of International Law’s upcoming seminar, The Pros and Cons of Offshore Centres.
Conyers Dill & Pearman has provided Bermuda legal advice to Essent Group. This was the first IPO of a home mortgage issuer in nearly 20 years.
Conyers Dill & Pearman has provided Cayman legal advice to Montage Technology Group in connection with an IPO on NASDAQ Global Market.
Conyers Dill & Pearman has been recognised as a Tier 1 firm in the Legal 500 Asia Pacific 2014 directory released this month.
Conyers Dill & Pearman has advised 58.com in connection with an initial public offering on Nasdaq in the US of up to 25.3 million Class A ordinary shares.
Conyers Dill & Pearman has advised Odfjell Drilling on the Bermuda law aspects of its $400m initial public offering and listing on the Olso Stock Exchange in September 2013.
Conyers Dill & Pearman has provided BVI advice to Atlantis The Palm and Atlantis The Palm Holding Company on an $880m syndicated loan.
Chris Garrod of Conyers Dill & Pearman’s Bermuda insurance practice has discussed the rise of insurance-linked securities (ILSs) in Global Reinsurance magazine.
We deliver corporate legal advice to domestic, multi-national, state-owned organisations, conglomerates and entrepreneurs as they expand or divest their businesses.
Corporate debt download
HMRC launched a consultation in June 2013 on modernising the taxation of corporate debt and derivative contracts.
Hogan Lovells’ corporate team has helped Laboratory Corporation of America Holdings (LabCorp) finance an offering of $700m in senior notes.
Since the Jackson reforms to civil litigation in England and Wales came into effect in April 2013, Walker Morris has tracked the key changes and cases in its Costs and Compliance series.
The Lehman Brothers pension scheme continues to be at the centre of litigation testing key aspects of the Pensions Regulator’s financial support direction (FSD) powers.
Dismissals as a result of a business transfer will not be automatically unfair under TUPE where the reason is economic, technical or organisational.
Court of Appeal finds against banks in allowing amendments to pleadings based on LIBOR manipulations download
On 8 November 2013, the Court of Appeal handed down its much-anticipated judgment in two related appeals.
The Court of Appeal has recast the guidance concerning the circumstances in which the English Court should stay patent proceedings before pending the outcome of related EPO proceedings.
The considerable duration of EPO proceedings will continue to point in favour of refusing a stay of English proceedings in most cases.
The anti-retaliation provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act only confer protections to whistleblowers who report conduct to the SEC.
Eversheds’ Michael Conroy Harris has noted the increase of construction activity in London.
The place of supply rules determine where businesses are obliged to register, collect and remit VAT due on their supplies and in which member state.
The FCA has published a consultation paper on its regulatory approach to crowdfunding. This briefing sets out how the CP will affect firms that operate crowdfunding platforms.
The Luxembourg Supervisory Authority for the Financial Sector has clarified its position in relation to the definition of ‘securitisation special-purpose entities’.
A report by KPMG has revealed that culprits are predominantly employees colluding with others outside the organisation.
The Queensland government has released the Property Occupations Bill 2013, which is expected to address property industry concerns about contract disclosures.
Wang’s award-winning speech focused on key legal issues and practice of law in urbanisation.
Dacheng has co-sponsored the China Silver Industry Forum, the eighth such forum, which was held at Yingjie Communication Center on 21–22 October 2013.
The China, Southeast Asia and South Asia Finance and Capital Market Legal Practice Forum and the 2013 annual meeting of Dacheng’s investment and M&A department recently took place.
Dacheng and First Law International have held a conference at the law firm’s Shanghai office.
The 2013 Legal Security Forum, organised by Dacheng, took place at the Capital Hotel in Beijing on 27 October 2013.
Dacheng senior partner Miao Qian has been appointed by the High Court as special supervisor to serve a five-year term starting from October 2013.
Andrew Nunn, partner at Eversheds, has commented on news that Dubai-based property group Damac’s London flotation has been delayed.
Welcome to the October edition of Stephenson Harwood’s Data Protection Update, a monthly bulletin on key developments in data protection law.
DC pensions — all change download
A closer look at the proposed new requirements and initiatives in relation to workplace defined contribution pension arrangements
Dormant pots carry a significant administration and cost burden for pension schemes.
The Court of Appeal’s recent decision in Gabriel v Little addresses the question whether a solicitor provides ‘advice’ or ‘information’ and the scope of duty under SAAMCo.
DECC published two policy papers on 31 October 2013: its Annual Energy Statement 2013 and the Statutory Security of Supply Report 2013.
State-sponsored GMO-labelling efforts faced defeat in Washington State’s November 2013 election.
The decision concerned an application by one defendant to have court proceedings that had been started to prevent a Pensions Ombudsman investigation struck out as an abuse of process.
Demystifying UAE arbitration law download
Construction arbitrations have been known to take several years to resolve. In this article, Dr Mark Hoyle explains how you can limit your exposure and lower your risk.
The High Court has ruled that the PMS International ‘Kiddee Case’ suitcase infringed Magmatic’s Community-registered design for its ‘Trunki’ child’s ride-on suitcase.
Issues of company solvency are best determined at trial, with the benefit of a full hearing, rather than in the course of application for interim relief.
We endeavour to provide effective solutions based on carefully budgeted timescales where the end should always justify the means.
In this case, the High Court looked at the issue of whether a claim for a section 75 debt should be reduced by the amount of other payments made to the trustees.
The German system for taxing dividends paid to minority shareholders that are subject to limited tax liability in Germany and have their seat in another EU/EEA member state constitutes a violation of European law.
Yasmin Prest won her landmark divorce ruling when the Supreme Court ordered Mr Prest’s companies to transfer to her a number of properties as part of her lump-sum award.
DLA Piper has acted for Oncard International in the signing of a binding sale and purchase agreement with Great Bless Enterprises.
DLA Piper has advised Bestinvest on its acquisition by a company owned by Permira.
DLA Piper has advised the Cabinet Office on the creation of SSCL, a joint venture between HM Government and Steria.
DLA Piper has advised Discovery Networks Benelux on a strategic partnership with Viacom International Media Networks to launch a joint sales house called BrandDeli.
SFX Entertainment has bought 75 per cent of ID&T, a Dutch festival promoter, for $102m in cash and stock.
DLA Piper has been advising Equinix, a supplier of data centre services, on the acquisition of the Kleyer 90 Carrier Hotel in Frankfurt.
DLA Piper has advised as project legal counsel on the implementation of the first standardised online Intellectual Property Agreement Guide project.
New Perimeter and BABSEA CLE have announced the completion of the second Myanmar National Clinical Legal Education (CLE) Workshop.
DLA Piper and CMS Cameron McKenna have won the TrustLaw Collaboration Award for their work supporting advocacy for anti-domestic violence legislation in China.
DLA Piper has appointed energy lawyer Andreas Gunst as a partner in the finance and projects group and energy sector team.
DLA Piper has appointed Tony Lopez as a partner in the structured finance team, part of the finance and projects group.
DLA Piper is set to expand its German corporate practice with partners Dr Jan Schinköth and Dominik Stühler.
DLA Piper has been recognised by the BTI Consulting Group in its 2014 BTI Client Service A-Team: Survey of Law Firm Client Service Performance.
Lawyers from DLA Piper in Kyiv have contributed to the World Bank’s 2014 Doing Business report, looking at the local market in Ukraine.
Winners of the British Fashion Council award will receive business and mentoring advice from DLA Piper.
DLA Piper has represented ACTIVE Network, a San Diego-based software company, in its $1.05bn acquisition by Vista Equity Partners.
DLA Piper has represented northern Virginia-based CustomInk, an online T-shirt company, in a $40m (£25m) investment by private equity fund Revolution Growth.
DLA Piper has represented Horizon Healthcare Services in the dismissal of a suit by the Association of New Jersey Chiropractors and two individual chiropractors.
DLA Piper has represented US Bank and Goldman Sachs in connection with a private bank financing for the construction of the new Minnesota Vikings stadium.
DLA Piper Weiss-Tessbach has announced that Maria Doralt has joined the firm’s corporate practice as a partner in Vienna.
Guy Flynn, chair of DLA Piper’s Maryland real-estate practice, has been honoured with a 2013 Leadership in Law award by The Daily Record.
DLA Piper has been ranked as a leading firm in the 2014 edition of World Tax, a directory of the leading tax advisory firms.
Does ‘all monies’ mean all monies? download
There is a difference in how ‘all monies’ guarantees and guarantees in respect of a specific obligation are treated.
Imagine a service established in member state A that wishes to deliver on-demand streamed access to music and films to consumers in each of the other 27 member states.
Does your commercial guarantee bite? download
The case of John Spencer Harvey v Dunbar Assets plc demonstrates that a fairly typical approach can have potentially devastating consequences.
This guide provides readers with an overview of Australia’s business rules, from foreign investment guidelines to taxation, consumer protection, intellectual property and the employment law system.
Doing Business in Japan download
DLA Piper is pleased to announce the launch of the first edition of its Doing Business in Japan publication.
Litigation privilege stems from a principle that those engaged in or contemplating litigation should be free to gather evidence without a requirement to disclose that evidence to opponents.
Double counting and pensions download
The Pensions Regulator issued a statement on 25 October 2013 warning against ‘double counting’ in defined-benefit pension schemes.
DLA Piper has announced that Dr Michael Burg has joined the firm’s corporate practice as a partner in the Cologne office.
Draft regulations setting out notice and take-down procedures for operators under the Defamation Act 2013 have been published.
The federal government has released the draft terms of reference for the Financial System Inquiry, to be led by the former CEO of the Commonwealth Bank of Australia.
Most employers have a certain standard of dress in the workplace, whether enforced through contractual terms or through customary practices.
The duty on employers to make reasonable adjustments for employees with disabilities has a frequent topic this year. This week there are another two cases on this difficult area.
eBilling explained download
The European Union is at the forefront of driving the widespread adoption of eBilling. Thomson Reuters explains what it is and how it can add value to your department.
The European Court of Justice has decided that the trademark owner has the right to withdraw the consent to use the trademark granted to a third party.
On 5 October 2013, the government of Ecuador announced that it has established a commission to audit the majority of bilateral investment treaties (BITs) to which it is party.
The value of information and internally developed knowledge has never been more important to a law firm.
A court was prepared to take into account the number of documents and the nature and complexity of the case in deciding whether a disclosure order had been complied with.
Electronic signatures not yet a substitute for the 'wet' signature in corporate transactions download
Finding an electronic equivalent to ‘wet’ signatures is necessary to the continued growth and development of e-commerce. However, it is difficult to find a nationally accepted fraud-proof process.
Employee shareholder status download
As from 1 September 2013, companies are now able to enter into employee shareholder agreements with employees.
Employee health can be a significant source of risk for any business and employers increasingly seek help from medical professionals in managing such risk.
We advise on all aspects of UK employment law, whether in the context of a merger and acquisition, resolving disputes between employer and employee or drafting contracts.
Addleshaw Goddard has appointed energy, shipping and international trade expert Mike Melwood Smith as a consultant to the firm’s Singapore practice.
The Equality and Human Rights Commission will be undertaking a comprehensive research project into the scale of pregnancy and maternity discrimination in the workplace.
Under the PDR, certain information that would otherwise need to be included in a prospectus may be omitted by certain issuers or in relation to certain offers.
Hogan Lovells’ guide to the eligibility requirements and continuing obligations of admitting securities to the premium, standard and high-growth segments of the main market and AIM.
Partner and insurance expert Jeremy Irving welcomes greater clarity regarding Solvency II.
The European Parliament has voted — by an overwhelming majority — to significantly overhaul current EU data protection laws.
Eversheds has commented on the forthcoming EU proposal to limit single-use plastic shopping bags, saying it marks a step in the right direction.
The European Commission has adopted proposals that seek to assist claimants in bringing private damages actions arising out of infringements of EU and national competition law.
The European Commission has published its work programme for 2014, outlining the legislative and policy initiatives that it will focus on next year.
On 22 October 2013, the European Food Safety Authority published guidance on the renewal of the authorisation of feed additives.
The European Patent Organisation has amended the provisions of the European Patent Convention dealing with the requirements for the filing of divisional patent applications.
Welcome to Taylor Wessing’s analysis of clean energy investment activity in the third quarter of 2013 (3Q13).
The EU and the US are entering the second round of the Transatlantic Trade and Investment Partnership (TTIP) talks in Brussels.
Eversheds has advised Allied Glass on a tertiary buyout backed by CBPE Capital.
Eversheds has advised the UK arm of private equity group Baird Capital on its purchase of a majority stake in Alpha Financial Markets Consulting.
Eversheds has advised Eagle Ride Investments on the HKD270m public takeover bid for shares of Radford Capital Investment.
Eversheds has advised workforce payment solutions provider FleetCor Technologies on the acquisition of Epyx, a technology solutions provider to the fleet sector, from HgCapital.
Eversheds has successfully represented the government of Cambodia in the ICJ, in relation to a dispute over the Temple of Preah Vihear.
Eversheds in Germany has advised Microsoft Deutschland on the relocation of its headquarters from Unterschleißheim to Munich, Parkstadt Schwabing.
Eversheds has advised Siemens on UK aspects of its joint venture with John Wood Group to create a global integrated rotating equipment service provider.
Partner Nigel Stamp believes new guidelines for e-commerce in China are an encouraging development.
Simon Crossley from Eversheds believes the deal should be a good outcome for industry and government.
Michael Conroy Harris, construction expert at Eversheds, has commented on the latest round of UK construction PMI numbers.
Eversheds believes that the launch of a FTSE-compliant UK Employee Ownership Index is a positive step but says there is much still to be done.
Parmijit Singh from Eversheds has commented on a move by regulators to remove trans fats from the US diet.
Peter Jones believes that suggestions for reform are a refreshing approach.
Partner Greg Hammond believes the deal brings potential gains for both parties.
Recommendations for enhancing the EU’s role in international accounting standard setting are due to be presented to EU finance ministers on 15 November 2013.
The Dublin office of Eversheds has advised on the takeover by Endo Health Solutions of Paladin Labs Europe.
Eversheds has advised BOCI Asia on a top-up placing of existing shares of China Singyes Solar Technologies Holdings at an aggregate placing price valued at HKD324m.
Eversheds Ireland has played a key role in the takeover by Endo Health Solutions of Paladin Labs Europe for approximately £1.1bn.
Eversheds Nicea has announced a business breakfast and debate that will provide an analysis of the modification of Spain’s General Law of Consumer.
Eversheds has been named as one of the top 10 private sector organisations for racial diversity and inclusion by Race for Opportunity
Simon Crossley of Eversheds has commented in response to calls from the pharmaceutical industry that the number of medicines being blocked from the UK market by NICE is too high.
Eversheds has commented on the announcement that China and the European Union will begin talks on a landmark treaty aimed at boosting investment.
Paul Wootton, head of energy at Eversheds, has commented following the publication of the IEA’s World Energy Outlook report.
Glenn Newberry, head of costs at Eversheds, has commented following a Court of Appeal judgment regarding costs in the Andrew Mitchell v News Group Newspapers case.
Paula Barrett of Eversheds commented ahead of a public hearing that saw the respective heads of MI5, MI6 and GCHQ face questions from MPs on issues of UK security and cyber threats.
Eversheds’ Michelle T Davies has been named as the sector’s Woman of the Year at the Middle East Solar Energy Association’s annual solar awards presentation.
Walker Morris is regularly asked about the formalities of executing documents. The following are 10 of the most frequently asked questions.
This update looks at the landscape of good faith in the context of discretionary provisions as a matter of contract law in an attempt to provide readers with the necessary background to approach this area of law.
Where physical goods are concerned, there have long been limits on the extent to which the owner of the IP rights in a product can use those rights.
FATCA and charities download
If you run a charitable foundation in the UK, you may have read about the additional tax reporting and regulations imposed by the US FATCA rules on accounts held by charities.
James Klein provides an overview of the programme-level reporting issues that multinational corporations must manage with regard to their non-US long-term benefits plans.
The IRS has concluded that a US individual was entitled to treat dividends received from a Cypriot holding company with no Cypriot ownership as QDI.
The FCA has published its long-awaited response to consultation paper 12/25 entitled ‘Enhancing the effectiveness of the Listing Regime’.
The Financial Conduct Authority (FCA) has published a further consultation paper containing updated proposals on changes to the UK Listing Rules.
FCA tackles crowdfunding download
In publishing CP13/131, the FCA sets out a proposal for the regulation of crowdfunding, covering both peer-to-peer lending and investment-based crowdfunding platforms.
The FCC recently approved a consent decree involving a broadcaster with TV stations in California, Utah and Texas accused of airing indecent and profane content.
Final CFTC rules on protection of collateral for uncleared swaps and treatment of portfolio margining account in bankruptcy download
The CFTC has adopted the final rules on protection of collateral for uncleared swaps and treatment of portfolio margining account in bankruptcy.
Wragge & Co has released the November issue of its Finance Litigation Briefing, which reports on cases and issues including Forsta Ap-Fonden v Bank of New York Mellon.
Wragge & Co brings you the latest on the cases and issues affecting the lending industry.
Eversheds’ Pamela Thompson has been named as one of the 100 most influential women by Financial News.
Financial regulators issue proposed standards for assessing diversity policies and practices of regulated entities download
Last week, pursuant to a statutory mandate included in the Dodd-Frank Wall Street Reform and Consumer Protection Act (‘Dodd-Frank’), six federal financial regulatory agencies issued proposed standards for assessing the diversity policies and practices of regulated entities.
Nabarro has released the November issue of its financial sector update.
Hogan Lovells and partner Christopher Handman have been recognised in the Litigation and Dispute Resolution category in the 2013 Financial Times US Innovative Lawyers Report.
In overturning a fine, the UK’s First-tier Tribunal (Information Rights) ruled that the breach in question was insufficiently serious to warrant a financial penalty.
The Building and Construction Industry Security of Payment Amendment Bill 2013 has now been passed and will come into effect on a day to be appointed by proclamation.
Kavanagh v Crystal Palace FC centred on the interpretation of provisions of the Transfer of Undertakings Regulations 2006 (TUPE).
DLA Piper has announced that Teri Donaldson has joined the firm’s litigation practice as a partner in the Houston office.
Hogan Lovells has appointed Michael McTiernan as a partner in its corporate practice.
On 2 May 2013, a ‘Consumer’ Bill was submitted to the French Council of Ministers aimed at improving the information provided to consumers.
Freddie Humphreys has joined Kings Chambers’ planning and public law team.
The FTC has announced revisions that clarify the types of patent licenses in the pharmaceutical industry for which a filing must be made before such licenses may become effective.
The FTC has announced final changes to certain HSR rules regarding acquisitions of exclusive patent rights in the pharmaceutical industry.
This update is targeted specifically at claims officers and underwriters of insurers of professionals required to comply with the FOFA reforms.
This update is targeted specifically at claims officers and underwriters of insurers of professionals required to comply with the FOFA reforms.
GAAR: the general anti-abuse rule download
On 17 July 2013, the UK introduced a new general anti-abuse rule (GAAR).
The High Court has granted an injunction to keep an employee on garden leave for the whole of his 12-month notice period.
Mills & Reeve has announced the appointment of Gayle Curry as a commercial partner in the health team. Curry joins from Morgan Cole.
Germany’s most populous state has adopted a law, already in effect, allowing so-called group actions in cases involving animal protection.
DLA Piper’s Global Financial Markets Insight guides users of finance through the vast array of financial products and financing techniques that are now available.
The government needs to plan, think and act differently if it is to be prepared for the global megatrends increasingly straining the world’s resources, according to KPMG.
Hogan Lovell’s latest news and commentary on payments, including regulatory developments, payments market developments, and surveys and reports.
The Pensions Regulator’s new Code of Practice no. 13, ‘Governance and administration of occupational defined contribution trust-based pension schemes’, has come into force.
This article provides some guidance about the obligation to bargain in good faith under the Fair Work Act 2009 (Cth) (FW Act).
Goodman Derrick’s employment team will hold a breakfast seminar that will review the key employment decisions made during the course of 2013.
Goodman Derrick has received recommendations in all of its core commercial practice areas from Chambers & Partners and The Legal 500 in 2013.
Goodman Derrick’s technology group will be hosting Amoo Venture Capital’s start-up event on 10 December.
Members of governing bodies need to focus their attention on the key governance risks for their organisations.
Governance news — 19 November 2013 download
Welcome to Minter Ellison’s weekly Governance News publication, summarising the top headlines in corporate governance.
Governance News — 26 November 2013 download
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
Governance News — November 2013 download
Minter Ellison’s Governance News provides a synopsis of its weekly summary of corporate law and governance developments in Australia and overseas.
The federal government has released a discussion paper seeking feedback on measures to improve super fund governance.
Governing law — which to choose? download
This article focuses on the issue of which law to choose to govern contractual relationships with customers.
The government has announced that it will cap the cost of payday loans. The level of the cap will be decided by the Financial Conduct Authority.
The government has published its response to the consultation on reform of the TUPE Regulations 2006.
The government’s Business Taskforce has recently published its proposals on legal reforms designed to address various barriers to business.
A story in the Financial Times has highlighted the emerging change in the way businesses address the reputational risk of their impact on society and the environment.
In this update from Stephenson Harwood’s Piraeus office we take a look at recent changes to the tonnage tax regime in Greece applying to foreign-flagged vessels enacted in January this year by the Greek government.
Chief clerk for chancery and commercial, employment, construction, mediation and sports law
The interpleader proceedings in Guernsey are dealing with substantial assets claimed to be the proceeds of a fraud alleged against Nikolai Battoo and the BC Capital Group.
Guidance published on the implementation of the new directors' remuneration regime for quoted companies download
The GC100 and Investor Group has published guidance on how the new directors’ remuneration regime for quoted companies is to be implemented.
Harmonised copyright issues table download
Taylor Wessing has published a harmonised copyright issues table. It considers copyright issues, relevant European legislation and CJEU rulings.
Health Alert — 11 November 2013 download
DLA Piper has released the 11 November 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Health Alert — 18 November 2013 download
DLA Piper has released the 18 November 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Health Alert — 25 November 2013 download
DLA Piper has released the 25 November 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Health Alert — 4 November 2013 download
DLA Piper has released the 4 November 2013 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
The Office of Fair Trading has concluded its investigation into the membership terms of health and fitness operators.
The October 2013 issue of Nabarro’s Health and Safety newsletter is now available.
A Scottish health board has been fined £32,000 after being found guilty of failing to ensure the safety of a worker who was physically attacked by a patient with mental health issues.
Mills & Reeve has released the November 2013 issue of its Health Legal Update.
Pharmaceutical benefit assessments play an increasingly important role in refunds by the national health services.
Gillian Harkess, food and drink regulation expert at Eversheds, has commented on calls to introduce a tax on soft drinks in the UK.
High Court steps in to correct the inadvertent discovery of privileged documents in litigation download
The High Court considered issues of inadvertent disclosure in Expense Reduction Analysts Group Pty Ltd v Armstrong Strategic Management and Marketing Pty Ltd.
HMRC EBT settlement opportunity download
It is clear from HMRC’s highly publicised recent settlement with JP Morgan Chase that settlements can be made on extremely advantageous terms.
Hogan Lovells has advised Astronics in relation to the acquisition of French company PGA Electronic.
Hogan Lovells has advised Healthcare of Ontario Pension Plan (HOOPP) on a joint venture with Verdion Properties to establish a logistics platform across Europe.
Hogan Lovells has advised Tokio Marine & Nichido Financial Life Insurance Co on its absorption merger with another group company, Tokio Marine Nichido Life Insurance Co.
Hogan Lovells has advised OTKRITIE Bank and Raiffeisen Bank International as joint arrangers on Vneshprombank’s debut 9.00 per cent $200m Reg S issue of loan participation notes.
Global Competition Review has launched its ‘Private Litigation Know-how’ site, which, as contributing editor, Hogan Lovells collaborated on.
Partner Jeffrey Greenbaum says the PRIPs hearings have been a step forward in creating a more level playing field among investment products.
Hogan Lovells has expanded its Los Angeles office with the addition of a long-standing corporate transactional team.
Hogan Lovells has recruited environmental, health and safety partner Louise Moore into its London environmental team.
Mark Jones will be joining Hogan Lovells’ antitrust, competition and economic regulation (ACER) practice as a partner in the London office.
Hogan Lovells has recruited Spanish tax partner Javier Gazulla Ascoz into its Madrid tax team. Gazulla Ascoz joined the firm on 1 November.
Hogan Lovells has announced that litigation partner William D Nussbaum has become a fellow of the American College of Trial Lawyers.
Hogan Lovells has provided pro bono assistance in authoring Creating Equal Access to Quality Health Care for Transgender Patients: Transgender-Affirming Hospital Policies.
Hogan Lovells and South African law firm Routledge Modise have announced the approval of their respective partnerships to combine their firms.
The first-ever English trainee solicitor to have been trained exclusively in Russia has qualified into Hogan Lovells’ Moscow office.
Alan Harper of Walker Morris explains the general rules in relation to the ownership of the main types of IP.
This article summarises some of the technological innovations retailers are adopting to survuve in the tough economic market and their legal risks and implications.
The article 29 working party has published guidance on how to comply with cookie legislation across all member states.
In order to establish protection under the whistleblowing legislation, employees first have to show that they have made a ‘qualifying disclosure’.
This article looks at the consequences of the decision to grant or refuse a building licence and reviews the sanctions and the judicial remedies available.
Consent to receiving unsolicited electronic marketing communications must be ’extremely clear and precise’.
Ignorance of the law is no defence download
However you feel about the Shoesmith case, says Melissa Paz, it is simply wrong to say that her reported £600,000 settlement sum was for ‘unfair dismissal’.
Immigration law update download
The UK Border Agency has published an updated version of its guide for employers on preventing illegal working in the UK.
The defendant entered into an agreement with an NHS trust for seven years provided the agreement could be extended in six-month blocks for up to a further three years.
The Court of Appeal for Bermuda has delivered an important judgment about the jurisdiction of the Bermuda court to assist foreign liquidators by ordering the production of documents by persons in Bermuda.
Ince & Co has advised the majority shareholders of Interactive Ideas, an enterprise software distributor, on the sale of its business to Storit
On 29 October, Ince & Co hosted the Sailors’ Society’s ‘Meet the Chaplains’ drinks reception, as part of this year’s Chaplaincy Conference.
Ince & Co’s insurance group in Asia has won the Claims Legal Services Provider of the Year award at the inaugural Claims Awards Asia.
Incubators are not often commonly associated with corporates or business enterprises, yet young companies can benefit greatly from a period of ‘incubation’.
India’s Competition Act takes shape with enforcement actions and appeals: key cases, key points for international companies download
Competition law in India has begun to take shape as major enforcement actions have worked their way from initial complaint to a finding of an infringement and appeal to the Supreme Court of India.
Industry update: moves to re-establish the ABCC and the government’s plans for Infrastructure Australia download
King & Wood Mallesons has released its latest industry update, which looks at moves to re-establish the ABCC and the government’s plans for Infrastructure Australia.
Registration requirements for the initial phase — which runs from April 2014 to March 2019 — are different to those for the first phase of CRC.
Interim injunctive relief is a powerful tool and the ability to freeze a defendant’s assets to prevent dissipation before a matter reaches trial can be an important protective step.
The Court of Appeal has declined to introduce the detailed guidelines on awards for injury to feelings for discrimination into the DPA regime.
Inquests — nowhere to hide: the increasing pressure to disclose and the coroner’s powers of investigation
The increasing pressure to disclose so much more to the coroner means inquests are becoming much more difficult and need careful handling.
The demand for a ‘Google-like’ search facility that delivers the right results from the right resources at the right time is one that is heard across all types of organisation.
HLC Environmental Projects Ltd (the company) was involved in two waste management and recycling projects based in Wales.
Despite confusing media reports, the interim nuclear deal reached by Iran and the P5+1 would change very little in US and multilateral sanctions policy.
This update from Ince & Co highlights recent relevant court decisions that raise points of significance for its readers.
Paula Barrett, international head of privacy and information law at Eversheds, has commented following controversial amendments to a draft internet privacy bill in Brazil.
Over recent weeks, the P5 1 have been engaged in discussions with Iran with the aim of reaching an agreement over Iran’s nuclear programme.
A trademark owner cannot be prevented from withdrawing consent to a third party’s use of the identical trademark in relation to identical/similar goods and services.
On 31 October 2013, the IRS issued guidance relaxing the use-or-lose rule applicable to health FSAs under employers’ cafeteria plans.
The IRS has released Notice 2013-69, including a draft FFI agreement and several intended updates to the existing Treasury Regulations implementing FATCA.
Recent developments suggest that the bulk of the tax reform debate will have to wait until the second session of this Congress in 2014.
Is it possible for an employer to 'cure' indirect sex discrimination by an internal appeal process? download
The EAT has held that an employee did not suffer indirect sex discrimination where, at an internal appeal stage, her employer reversed its earlier decision to reject her flexible working request.
The Upper Tribunal has held that the holding of balls by a students’ union, was not an exempt supply under the exemption for cultural services.
The International Swaps and Derivatives Association (ISDA) has published model arbitration clauses for use in ISDA agreements.
The claimant worked as a beauty consultant in airside duty free at Heathrow Airport and formed a limited company.
On 23 September 2013, the Italian Supreme Court decided on the so-called ‘galenical exemption’ provided by Italian laws as a limitation to the enforceability of pharmaceutical patents.
The November issue of the DLA Piper Italy Real-Estate Update covers some critical comments to the new tax framework applicable as from 1 January 2014 to real-estate transactions.
Italy: class action reform download
Class action law has been introduced in Italy, following a protracted and challenging legislative process.
Following the success of the Isle of Man Aircraft Register, the Channel Islands have decided to establish aircraft registers in Guernsey and Jersey.
Jersey Court of Appeal confirms rights of non-trustee fiduciaries to an indemnity out of the trust fund download
On appeal from the Royal Court, the Jersey Court of Appeal held that a fiduciary in relation to a trust had an identical right of indemnity in equity out of the trust fund as a trustee.
The SEC has voted unanimously to propose Regulation Crowdfunding, the rules related to the offer and sale of securities through crowd-funded private offerings.
John Hunter has helped to resist a challenge to decisions by the secretary of state and the Magistrates Court concerning the implementation of planning permission.
John McKendrick of Outer Temple Chambers has successfully acted for EDI in the case of DCAS Business School v EDI Plc.
Founder and lawyer
Binder Grösswang has been listed as a leading law firm in the areas of ‘court litigation’ and ‘arbitration proceedings and mediation’ in JUVE – Magazin für Wirtschaftsjuristen.
Judge Rader urges legislative restraint and emphasises judicial ability to rectify litigation abuses through available tools download
This briefing from DLA Piper contains the patent law update given by Federal Circuit Chief Judge Randall R Rader at the at the Eastern District of Texas Bench Bar Conference.
Since December last year, the government has been seeking to reform the process for bringing a judicial review claim.
Mr Pinckney lived in France and wrote songs protected by copyright in France.
Karanovic & Nikolic’s employment and dispute resolution practice groups have teamed up to hold a business breakfast.
More than 50 participants have attended an event hosted by Karanovic & Nikolic on the implementation of transfer pricing in Serbia.
Karanovic & Nikolic has hosted a panel of competition experts at the 7th Annual Focus on Competition Conference in Belgrade.
Miloš Vuckovic, senior partner at Karanovic & Nikolic, has participated in the Third International Conference on Mineral Resources in the Republic of Serbia.
Farhaz Khan and Simon Oakes of Outer Temple Chambers appeared for Graiseley in Barclays Bank plc v Graiseley Properties Ltd & Ors — the Libor ‘test case’.
Kierszenbaum and Van de Wiele of Allen & Overy have contributed an article on developments in capital markets in Belgium to the International Capital Markets Review.
King & Wood Mallesons has provided legal support to Beijing Zhongsou Network Technology Co.
King & Wood Mallesons has acted for CBA Equities as lead manager and underwriter on the IPO of Affinity Education Group.
KWM has acted as Australian counsel for JP Morgan and a syndicate of banks providing senior debt financing to support the acquisition of Echopass.
King & Wood Mallesons has advised the Merivale Group on a refinancing of its syndicated debt facilities.
King & Wood Mallesons has advised China Huirong Financial Holdings on its successful listing on the main board of the Hong Kong Stock Exchange on 28 October.
King & Wood Mallesons has advised Goldenmars Technology Holdings on its successful listing on the GEM Board of the Stock Exchange of Hong Kong on 9 September.
King & Wood Mallesons has acted on Nine Entertainment’s initial public offering (IPO) of up to approximately $697m of shares, advising the joint lead managers.
KWM is acting for Credit Suisse (Australia), JP Morgan Australia and Macquarie Capital (Australia) on McAleese Group’s IPO of AUD166m and listing on the Australian Securities Exchange.
King & Wood Mallesons has advised the Transurban Group on its acquisition of all of the senior secured debt exposure of Sydney’s Cross City Tunnel (CCT).
King & Wood Mallesons has acted for Warburg Pincus in the sale of all of its shares in Transpacific Industries Group.
King & Wood Mallesons has announced three internal promotions within its Australian partnership.
Stuart Fuller, global managing partner, has announced the new integrated global organisation structure that will focus the firm on delivering a powerful value proposition to clients.
King & Wood Mallesons (KWM) has secured a place on the Ministry of Commerce (MOFCOM) of China’s inaugural legal panel.
Paul Chaisty QC and David Casement QC have been appointed as deputy High Court judges of the Mercantile Court.
The 2014 edition of Chambers UK, released on 31 October, rates Kings Chambers ninth in number of rankings and fourth in number of practice area rankings.
KPMG Capital is an investment fund created to accelerate innovation in data and analytics that will help clients of member firms unlock tangible value of their big data.
KPMG has won the IT Services Marketing Association’s (ITSMA’s) Diamond Award for integrated social and digital marketing.
Research from KPMG reveals that many organisations take a narrow approach to talent management — one that is steadily weakening their competitiveness and agility.
KPMG has welcomed the International Accounting Standards Board’s new general hedge accounting standard — IFRS 9 Financial Instruments (2013).
King & Wood Mallesons has acted for the National Storage Group in relation to the establishment of National Storage REIT.
KWM has advised Pacific Asset Management Co (PAMC) on setting up an asset-backed scheme for a special funding project through raising insurance funds.
Labour market testing was introduced as a mandatory requirement for all standard business sponsors who wish to nominate a position under the 457 visa programme.
The MoJ has published ‘ad hoc’ statistics revealing information on the number of Employment Tribunal claims received by HMCTS in the months July to September 2013.
Hogan Lovells has announced that partners Lourdes Catrain, Michael Mason and Neal Katyal have been named on this year’s Law360 MVP of the Year list.
Lawyer 2B is the leading dedicated news-led magazine and website for aspiring lawyers, solicitors or barristers.
Nabarro’s annual legal seminar highlighted new legal topics affecting the funds and real-estate sectors. This is part two of a two-part series dealing with the topics covered in the seminar.
The claimant was employed as company secretary of a company where there had already been redundancies.
Following the entry into force of some risk mitigation techniques, the second obligation under EMIR, i.e the reporting obligation, will start in February 2014.
On 7 November, the Luxembourg VAT authorities published a circular on the VAT treatment applicable to risk management for investment funds.
M&A Index: Q3 2013 download
While dealmaking remained generally quiet in most markets in Q3, there are signs that capital flows are shifting from emerging to more mature markets.
Making dismissals on an administration and impact of TUPE — Walker Morris represents Crystal Palace FC at the Court of Appeal
Crystal Palace FC went into administration in January 2010 to avoid the prospect of liquidation.
The European Commission has stated as one of its objectives that it wishes to foster cross-border online access and portability across borders of content.
The French Parliament intends to strengthen the transfer pricing documentation requirements.
Manufacturing Matters — Autumn 2013 download
Manufacturing Matters is DLA Piper’s specialist publication providing a round-up of legal news, sector updates and commentary for clients in the manufacturing sector.
Should your company reach out to Silicon Valley? If so, what do you need to know?
Eversheds has commented on the arrests of six men in relation to match fixing in the lower UK football divisions.
Mattel took action against Zynga for trademark infringement and Zynga counterclaimed for revocation of the trademark.
Binder Grösswang has appointed Maurizia Anderle-Hauke as an attorney at law. She specialises in the fields of banking and capital markets law.
Mediation update download
Goodman Derrick reports on two aspects of mediation: selecting a mediator and the perils of not responding to a mediation proposal.
Mills & Reeve has advised PNC Business Credit on the provision of an asset-based lending facility to support the £15.9m management buyout of Virgin Wines.
Nikki Link, a real-estate lawyer and musician from Mills & Reeve, is taking part in Law Rocks, an annual charity music event.
The latest edition of Chambers UK has placed Mills & Reeve in the top five law firms in the UK, based on the number of top-ranking practice areas.
Solicitor Rebecca Langridge from Mills & Reeve is championing a career in agriculture in the hope of attracting more young people into the industry.
Minter Ellison has advised Dick Smith Holdings, which has announced an IPO of ordinary shares and a listing on the ASX.
Minter Ellison has recruited two former managing partners of international firms in Asia: Jem Li and Rebecca Silli.
Minter Ellison has launched its Corporate HQ advisory hub — a central resource for directors, general counsel and company secretaries on corporate governance and law.
Minter Ellison Rudd Watts, Minter Ellison’s associated firm in New Zealand, has been named 2013 Large Law Firm of the Year at the New Zealand Law Awards.
On 3 October 2013, Parliament approved the Law of Mongolia on Investment along with other supporting amendments.
A number of private providers are likely to take complaints to Monitor in the near future, the chief executive officer of Ramsay Health Care UK has warned.
Mourant Ozannes has produced the market-standard security agreement for the Jersey Bankers Association (JBA) on a pro-bono basis.
Partners in Mourant Ozannes’ Hong Kong office have been praised in the latest edition of The Legal 500’s Asia-Pacific legal directory.
Senate Finance Committee chairman Max Baucus (D-Montana) has released the first of a coming series of detailed tax-reform proposals, this one on international tax.
Nabarro has released its 10th Clarity Guide, which discusses the revised draft Code of Practice on the governance and administration of trust-based DC schemes.
Nabarro will open a new office in Dubai in early 2014, which will be the firm’s third international office after those in Singapore and Brussels.
Naomi Rive, a partner from Appleby, has been listed in the 2014 Top 50 Most Influential Offshore Professionals list, which has been compiled by eprivateclient.com.
Commenting as two new companies plan to list on AIM, Eversheds believes the listings are indicative of wider comfort with the regulatory regime.
The ATO has outlined its policy on the collection of group tax liabilities from head companies of consolidated groups, subsidiary members and entities that have left the consolidated group.
New Fair Deal published download
This week the government published Fair Deal for Staff Pensions: staff transfer from central government, which replaces Fair Deal guidance last updated in 2004.
From 1 January 2014, a person who reasonably believes they have been bullied at work will be able to apply directly to the Fair Work Commission for orders to deal with the bullying.
New financial penalties for employers who lose employment tribunal claims coming into force on 6 April 2014 download
The Enterprise and Regulatory Reform Act 2013 includes a provision giving employment tribunals discretionary powers to levy financial penalties against employers who lose claims.
The UK Border Agency has updated its guidance for employers on preventing illegal working in the UK.
New HKIAC rules come into effect download
On 1 November 2013, the HKIAC’s new administered rules came into effect. The rules should enhance efficiency while maintaining HKIAC’s ‘light touch’ administrative approach.
The guidance has been updated to reflect the revised version of the UK Corporate Governance Code and the FRC Guidance on Audit Committees.
New regulations have become effective that govern how life and non-life insurers in Thailand may conduct investment and engage in other business.
The Queensland government passed new laws this week designed to reduce costs and red tape whilst shortening the dispute process under the Queensland Civil and Administrative Tribunal (QCAT).
The EU has issued a set of rules to make sure that the way public bodies buy does not distort competition nor affect trade between member states.
The core content of the innovation within the SHFTZ relates to reform in the financial area.
The Department of Energy & Climate Change has published a response to its consultation on the implementation of the Recast WEEE Directive 2012
New York insurers’ investments in firms engaged in Iranian energy sector activities treated as ‘nonadmitted’ download
New York has enacted Chapter 481 of the Laws of 2013, which adds a new section 1415 to the New York Insurance Law effective 11 February 2014.
Nintendo v P C Box: European court considers technological protection measures for copyright for the first time download
Nintendo has applied for an injunction to stop the sale of P C Box’s devices in Italy.
Following a decision that John McCririck did not suffer age discrimination when he was replaced as a TV racing pundit, what steps can employers take to guard against similar claims?
The owner of a news portal had been found liable by the Estonian courts for defamatory user-generated comments posted on that portal, even though it removed the comments.
There was a likelihood of confusion between the figurative mark ZOOSPORT and the earlier figurative mark ‘Zoot (or Zooz) sports’.
Nissan applied in Austria for the word mark ‘Primera’ for automobiles in 2008.
Ian Dove QC, Tim Jones and Nina Pindham, on behalf of Birmingham City Council, successfully defended judicial review proceedings in the High Court on 22 October 2013.
No5 Chambers is sponsoring The Leicestershire Law Society, which for the second year is holding the Schools Court Competition on 16 November 2013.
Richard Hitchcock and Farhaz Khan represented the appellant trustee in the Desmonds Pension Scheme case, in which a decision has been made.
The 2013 Marie Curie Birmingham Brain Game has been won for the third time by No5 Chambers.
No5 Chambers’ Timothy Jones was the examiner in the Cringleford Neighbourhood Plan. He has now carried out the examination and submitted a report.
For the second year, the Leicestershire Law Society held the Schools Court Competition on 16 November 2013. The competition was sponsored by No5 Chambers.
Jeremy Cahill QC of No5 has secured victory for Barwood Strategic Land II and Mr and Mrs Skipper in an appeal against East Staffordshire Borough Council.
A new private sector chair — No5’s Prof David Lock QC — takes to the helm at Innovation Birmingham, as the planning application for the iCentrum building is prepared.
No5 Chambers barrister Laura Davidson has recently returned from working in Rwanda as a consultant for the Ministry of Health.
On 21 August 2013, the French Ministry of Finance updated the so-called ‘black list’ for 2013 (the list of non-co-operative countries or territories).
Following the election of the coalition government, there are a number of matters awaiting a finalised position from the new government.
In Spring 2014 there will be a period during which petitions (objections/representations) against the Bill can be made. The next steps are set out in this briefing.
The DWP has issued draft regulations for consultation. This follows the change in the statutory definition of money purchase benefits, due to come into force next year
Section 234 of the Insolvency Act 1986 protects a liquidator from a claim in conversion.
On 15 October 2013 the Office of Fair Trading (the OFT) launched a study into the market for the supply of information and communications technology (ICT) to the public sector.
Appleby has published the sixth edition of Offshore-i, which provides insights into the mergers and acquisitions activity going on in the major offshore markets.
Following its market investigation, the OFT has published draft principles for the makers of online and app-based games.
A briefing on the changes to Ogier’s annual billing cycle and the changes its customers will notice on their annual invoices, the potential impact of FATCA and the work which they have done to date to prepare to assist you with its introduction next year.
Ogier in Cayman has announced that US fund managers participating in the 2013 Hedge Funds Review Service Provider Rankings have ranked as Ogier number one.
Ogier has been named Best Offshore Law Firm of the Year at the AsianInvestor 2013 Service Provider Awards.
Australia and New Zealand are ideally positioned to take advantage of the strong demand for energy from Asia.
On 3 October 2013, the Court of Justice of the European Union decided on the interpretation of article 5(3) of Regulation (EC) No 44/2001 on jurisdiction in civil and commercial matters.
Antitrust authorities in Europe are getting more and more rigid with regard to clauses that restrict or ban online sales.
Farhaz Khan has been identified by Legal Week as one of the 10 ‘most acclaimed young barristers making their mark’ at the commercial chancery bar.
Pension scheme trustees are obliged to provide members with the benefits that they are entitled to under the governing documents of the scheme.
The Building and Construction Industry Security of Payment Amendment Bill 2013 has been introduced into NSW Parliament.
Pan-European e-commerce compliance download
The Revenue has announced a number of measures to crack down on what it perceives as the use of partnerships for tax avoidance purposes.
In Cleeve Link Ltd v Bryla, the EAT considered whether a repayment clause relating to certain recruitment costs incurred by the employer in hiring the employee was unenforceable as a penalty.
Allen & Overy has launched Peerpoint, which is hoped to provide a panel of experienced lawyers available to work flexibly for Allen & Overy on a contract basis.
Last year, the High Court heard the first case about which occupational pension scheme rights transfer on an asset sale when the TUPE regulations apply since Beckmann and Martin.
Earlier this year, the DWP consulted on proposals to ‘consolidate, harmonise and simplify’ the existing disclosure regime.
The High Court has ruled that the suspected pension liberation schemes were ‘occupational pension schemes’ within the statutory definition.
Pensions news — November 2013 download
Nabarro has released the October 2013 issue of its Pensions Update, which discusses money purchase benefits among other topics.
Pensions News — October 2013 download
DLA Piper has released its latest Pensions News publication, which reports on recent developments in pensions legislation, guidance and case law.
Pensions Ombudsman determinations download
The Deputy Pensions Ombudsman gives an indication of circumstances in which decision makers should give detailed reasons for their decisions.
Personal data processing — are the operators of public communication networks in compliance with the law? download
A procedure of supervision of operators of public communication networks and services has been initiated.
Pharmaceutical sector — clarification on approach to market definition for prescription medicines download
A recent decision by the Court of Appeal provides useful guidance on the correct approach to defining the market in relation to pharmaceutical products.
Pillsbury has been named as the 2014 US News — Best Lawyers’ Law Firm of the Year in environmental law.
Pillsbury has selected 10 lawyers for promotion to partner, effective 1 January 2014. The new partners span the firm’s offices and practice areas.
The UK is under pressure to harness more renewable energy. How does this interact with local planning considerations?
Joe Hockey and Arthur Sinodinos have announced that the federal government will not proceed with a number of the 92 unlegislated tax and superannuation initiatives.
Mr Mitchell’s solicitors have been denied the ability to recover costs, estimated to be in excess of £500,000, because they failed to file a costs budget on time.
Poland’s Supreme Administrative Court has referred an issue concerning the taxation of ‘benefits in kind’ to the Constitutional Tribunal.
Pre-filing and post-filing licence renewal announcement reminder for TV stations in Kansas, Nebraska and Oklahoma download
TV, Class A TV and certain LPTV stations licensed to communities in Kansas, Nebraska and Oklahoma must begin airing pre-filing licence renewal announcements on 1 December 2013.
Pre-filing and post-filing radio licence renewal announcement for stations in New Jersey and New York download
Full-power commercial and non-commercial radio stations and LPFM stations licensed to communities in New Jersey or New York must begin airing pre-filing licence renewal announcements on 1 December 2013.
Pre-packs are used in the Netherlands now and new steps are being taken to formalise this by introducing provisions into the Bankruptcy Act.
This advisory provides an overview of the anti-corruption enforcement risk in Brazil, summarises the new law, compares it with the FCPA and offers practical compliance suggestions for in-house counsel.
When a death occurs in the health and care sector, it is important to identify risks that might cause deaths in the future and make sure you take action immediately.
Issues of data management and data security continue to be in the spotlight. David Laville considers recent developments and what these mean for business.
Ogier has announced that partners Steve Meiklejohn and Philip Le Cornu have been included in Private Client Practitioner’s Top 50 Most Influential list.
In the third update of 2013, Wragge & Co’s private equity specialists comment on key issues and recent developments affecting the sector.
The federal government has announced a Productivity Commission inquiry into the funding of public infrastructure.
Mark Forte and Tameka Davis of Conyers’ British Virgin Islands office discuss the duties of professional directors in BVI companies in the fourth-quarter issue of INSOL World.
The Dodd-Frank Act amended section 4a of the CEA to require the Commodity Futures Trading Commission (CFTC) to establish position limits on an aggregate basis.
Rules to support the new framework for Commonwealth agencies, authorities and companies will be made under the Public Governance, Performance and Accountability Act 2013.
The next few years will see significant changes in the public sector pensions arena.
The European Medicines Agency is currently developing a policy on the proactive publication of clinical-trial data.
On 5 December 2013, the Court of Justice of the European Union published its decision on the appeal of the European Medicines Agency.
Queensland’s proposed Regional Planning reforms — significant implications for the resources sector download
The Queensland government introduced the Regional Planning Interests Bill late last week.
The Queensland government continues to implement its 10-point action plan with the passing of legislation to amend the licensing requirements under the QLD Act.
A review of the demand-driven funding system for higher education has been announced by the minister for education.
Conyers Dill & Pearman has has hired Raymond Davern, a senior practitioner in the field of trusts and private client work, to its Cayman Islands office.
Local authorities are increasingly using innovative methods of delivering library services, including transferring libraries to community ownership.
Real-estate news download
Commercial real estate remains an attractive investment. Investors are seeking to take advantage of opportunities created by favourable exchange rates and access to foreign capital.
Real-estate transactions and VAT download
The sale and transfer of real property in Germany is either not taxable or exempt from VAT due to a specific exemption rule.
Real-estate update — November 2013 download
Nabarro has reased its real-estate update for November 2013, which discusses HS2 and how retailers are using technology and sustainable urban drainage systems.
The claimant in The Environment Agency v Donnelly suffered from osteoarthritis and spondylitis, affecting her knees, back and hip.
Recent changes on the renewable energy sector introduced under Royal Decree-Law 9/2013 of 12 July download
Royal Decree-Law 9/2013 adopting urgent measures in order to ensure financial stability of the electricity system was published in the Official Spanish Gazette in July.
Redefinition of the guaranteed minimum prices for electricity production plants up to 1MW powered by renewables sources download
An AEEG consultation document redefines the guaranteed minimum prices for electricity production plants up to 1MW powered by renewables sources.
Despite 20 states allowing the use of medicinal marijuana and two more allowing recreational marijuana use, employers remain unaffected.
Wragge & Co provides a summary of changes that will apply to workplace pensions form 1 November 2013 and 1 April 2014.
Glen Meyer, partner at Arendt & Medernach, identifies three strategic trends that will characterise part of the financial services industry next year.
Regulatory risk update: online sales restrictions under scrutiny of European Antitrust Authorities download
Competition authorities in Europe are clamping down on restrictions or bans on online sales, especially sales over internet platforms such as Amazon and eBay.
For the first time since the 2003 modernisation, the Italian Antitrust Authority puts under scrutiny vertical restraints.
The cost of stock-piling in the lead-up to Christmas, combined with the pressure caused by the usual rent quarter day in December, causes cash-flow issues for many businesses.
A recent Court of Appeal case explains the dangers of sellers relying upon valid ROT provisions where they want the price, not the goods, back.
RETT blocker avoidance regulation download
According to the German Real Estate Transfer Tax Act (RETT Act), the transfer of at least 95 per cent of the interests in a partnership holding domestic real estate triggers RETT tax.
The Royal Institution of Chartered Surveyors (RICS) has published an information note entitled ‘High Streets — Beyond Retail’.
As more details of the Contracts for Difference scheme become available, Walker Morris compares some of the key risks under each scheme.
S Chelvan of No5 Chambers analysed the impact of a case concerning three gay asylum seekers on the BBC World Service Newshour program on 7 November.
Gwendoline Davies, Walker Morris’s head of commercial dispute resolution, looks at some recent cases that highlight important points for drafting and agreeing settlements.
The latest decision concerns a dispute over Zynga’s launch of an online game in January 2012: ‘Scramble with Friends’.
SEC issues guidance on supervisory liability of broker-dealer compliance and legal personnel download
A difficult question continually faced by broker-dealer compliance and legal personnel is whether their roles and duties can lead to them being considered supervisors of business personnel.
Second Circuit: in-house counsel may not seek to profit as whistleblowers against former employers download
The US Court of Appeals for the Second Circuit has issued an important ruling restricting in-house counsel from acting as whistleblowers in litigation against their current or former employers.
Shambolic redundancy scoring was an honest attempt to be fair: Osoba v the Chief Constable of the Hertfordshire Constabulary download
In Osoba v the Chief Constable of the Hertfordshire Constabulary, the EAT was not convinced that police officer Miss Pritchard had any discriminatory intentions.
Shoosmiths has advised on the acqusition of Anglia Retirement Homes, which was acquired by Ravelstone Care Homes.
Anglia Retirement Homes has been acquired by Ravelstone Care Homes. Specialists from Shoosmiths provided advice on the property elements of the deal.
Shoosmiths has provided advice to former CEO of Fitness First Colin Waggett for the launch of his new indoor cycling concept, Psycle London.
Shoosmiths’ Manchester corporate and banking team has advised on the £15.9m management buy-out of online wine retailer Virgin Wines.
Shoosmiths has helped a holiday park operator complete the sale of its entire issued share capital in a deal worth £172m.
Shoosmiths came first in the Best Vacation Scheme, Best Vacation Scheme — National Firm; and Best for Training — Vacation Scheme categories at the AllAboutLaw awards.
Public companies and large private companies that have been incorporated a number of years are likely to have accumulated a number of subsidiaries, some of which will be defunct.
DECC has issued a consultation seeking industry opinion on a tidy-up of the CRC Energy Efficiency Scheme on two issues.
A recent Court of Appeal decision clarifies the Singapore Court’s approach towards the enforceability of an arbitral award.
Litigants should give serious consideration to the possibility of settling small claims using the free mediation service, which has a number of things going for it, not least reduced legal costs.
The South African government has announced plans to limit the right of foreign investors to commence international arbitration against the government.
The Provincial Court of Madrid has upheld a hybrid dispute resolution clause. The judgment is the first one in Spain that recognises the validity of hybrid arbitration clauses.
DLA Piper has released the November 2013 issue of Sports, Media and Entertainment Intelligence.
On 5 November, the European Commission published a communication, ‘Delivering the internal electricity market and making the most of public intervention’.
In recent months we have seen a resurgence of legislative efforts — this time at the state level — that may change the playing field.
An eight-year dispute in which Stephenson Harwood acted for two of the defendants has been been brought to an end by the Supreme Court’s decision refusing permission to appeal.
Stephenson Harwood has advised the trustees of JLT UK Pension Scheme on the company’s £120m buy-in agreement of its defined-benefit liabilities with Prudential.
Stephenson Harwood’s rail practice has won Rail Finance Law Firm of the Year at the 2013 Global Transport Finance awards.
On 30 October 2013, the third ordinance amending the fruit juice and soft drink regulation and other foodstuff-related provisions was published in the Federal Law Gazette.
Litigators have been warned: failure to comply, for which there is no good reason, will not usually attract relief from sanction.
The access right is the right for an individual to ask whether an organisation holds and/or processes personal data relating to the individual and enables the individual to obtain a copy.
In May 2006, the Alexandros T sank off the shore of South Africa; her owners commenced proceedings in the Commercial Court against the vessel’s insurers for an indemnity.
Superannuation discussion paper released addressing regulation, governance, transparency and competition download
The Commonwealth assistant treasurer has released a discussion paper, Better regulation and governance, enhanced transparency and improved competition in superannuation, for public consultation.
The Supreme Court gave judgment on 30 October 2013 in relation to the end-of-life care of David James, a man who had died from his illness on 31 December 2012.
Supreme Court to review ‘fraud on the market’ presumption of reliance in securities class actions download
On 15 November 2013, the US Supreme Court agreed to consider two questions that have the potential to transform the landscape of private securities litigation.
Dr Michael Krämer, senior associate and energy specialist at Taylor Wessing, Dubai, outlines where he sees opportunities for the solar sector in the UAE.
The defendant in JM Finn & Co Ltd v Holliday, a stockbroker, resigned with the intention of joining a competitor as soon as he could.
Tax planning for Christmas? download
End-of-year gifting can move assets out of one estate into one taxed at lower rates and/or channel assets to the next generation.
Taxing digital content download
Neil McKnight, a senior associate in Taylor Wessing’s tax group, summarises some of the tax issues faced by businesses distributing content across borders.
Taylor Wessing has advised Inflexion Private Equity Partners on the secondary buyout of Cablecom Network Holdings.
Taylor Wessing has advised the shareholders of Germany-based social media platform operator Sharewise on its acquisition by Japan-based Minkabu.
Taylor Wessing has announced that Mark Fraser has been appointed as managing partner, effective from 1 November 2013.
Taylor Wessing has launched ‘All Consuming Legal Insights’ — a series of short videos covering legal insights and developments in the consumer products sector.
Taylor Wessing’s Global Intellectual Property Index provides an assessment of how intellectual property regimes around the world compare with each other.
Taylor Wessing’s new fixed-fee service is specifically designed to ensure technology SMEs are fully compliant with the law.
Taylor Wessing has announced that Habib Ullah has joined Taylor Wessing Middle East, the law firm’s Dubai office, as its head of banking.
When key employees leave to join a competitor, employers often risk losing other team members to the new employer too.
The Taylor Wessing Technology Barometer provides an overview of the trading environment, boardroom confidence, valuations and M&A activity within the UK technology sector.
On 8 November 2013, the Texas Commission on Environmental Quality’s proposed new greenhouse gas permitting rules were published in the Texas Register.
On 23 October 2013, the TCEQ voted to approve the publication of the proposed stationary-source greenhouse gas rules and to invite public comment.
Robert Rhodes QC from Outer Temple Chambers has been appointed to the Panel of Arbitrators of the Thai Arbitration Institute.
The judgment that brought an end to the Mondadori affair offers an opportunity for some reflections on the issue of damage due to loss of chance.
It is sufficient for the prosecution to prove that the defendant had food in its possession for the purpose of sale that was the subject of a label showing a ‘use-by’ date that had passed.
The AIFMD is the outcome of a G20 consensus for closer regulatory oversight of systemic risks emanating from certain players and activiries in the alternative investment funds sector.
For many years, directors (and other executive officers) have faced deemed liability under Queensland law.
The most frequently complained-about breach of etiquette in this age of constant cyber communication is the failure to reply to an email.
The proprietor owned the trademark CATWALK registered since 1995. In 2010, an application was filed to revoke this word mark on grounds of non-use.
The US FDA has issued a Federal Register notice with its preliminary determination that partially hydrogenated oils are not ‘generally recognised as safe’ for use in food.
Hydraulic fracturing, or ‘fracking’, to extract shale gas from deep rock formations, has recently been much in the news in Europe.
The European Parliamentary Committee for Civil Liberties, Justice and Home Affairs has voted on a series of proposed amendments to the draft EC data protection regulation.
It has been more than three years since the Financial Conduct Authority brought into effect its ‘new’ penalties regime for regulatory misconduct.
The Financial Conduct Authority consultation paper — regulatory fees and levies: policy proposals for 2014–15
The Financial Conduct Authority will take over the regulation of consumer credit from the Office of Fair Trading on 1 April 2014.
In The Financial Report — Volume 2, No. 20, DLA Piper focuses on discussion, analysis, news and developments in the financial services sector.
DLA Piper has released the latest version (Volume 2, No. 21) of The Financial Report.
The UK government maintains its drive to promote industrial and provident societies and staff mutuals with the publication of a recent consultation on IPS reforms.
Organisations can find themselves drowning under the weight of subject access requests (SARs) if they are not adequately prepared.
The EAT has ruled in the case of Blackburn v Aldi Stores that a failure to provide an impartial grievance process can amount to a breach of the duty of trust and confidence.
Businesses and brand owners should make sure that their trademarks are not registered as domain names in the new spaces by unscrupulous operators or competitors.
The legal and regulatory framework governing research misconduct and effective compliance systems to manage risk download
A number of high-profile and research-intensive universities have responded to allegations of serious research misconduct in recent months.
On 24 October 2013, the Federal Reserve released a proposed rule that would apply a Liquidity Coverage Ratio to certain US banking organisations.
The Luxembourg side of London download
Arendt & Medernach’s London office demonstrates a desire to better understand the needs of UK clients seeking Luxembourg law advice.
While major UK retailers signed up for the traffic light labelling, European trade organisations have shown deep concern about the developments.
The Pensions Regulator has published final revised codes of practice on reporting late payment of contributions to occupational defined contribution and personal pension schemes.
The Pensions Regulator’s Code of Practice is due to come into effect on 21 November 2013.
Higher-education institutions are increasingly aware of the many and varied legal risks arising from the use of social media in their day-to-day activities.
The tribunal has produced a decision which, in the words of Paul George, the FRC’s executive director of conduct, ‘should be essential reading for all members of the profession’.
The recent case of Toal and Others v GB Oils Ltd reminds us of the extent of an employee’s right to choose his or her companion in grievance proceedings.
The Deputy Pensions Ombudsman held that an insolvent employer should pay certain outstanding pension contributions, plus interest.
It is now illegal in New York City for employers to discriminate against job applicants based on their employment status.
Generic top-level domain (gTLD) is one of the top-level domains (TLD) managed by the Internet Corporation for Assigned Names and Numbers.
There have been a number of developments on the workplace bullying reforms since May.
There will be a period of time in which developers will have a choice of which scheme to seek support under.
Disclosure following patient deaths has become a ‘hot topic’ in recent times and particularly since the events in Mid Staffordshire and Morecambe Bay.
No5’s Tony McDaid recently chaired a seminar looking at opportunities for Midlands law firms and businesses to engage in overseas opportunities from Birmingham.
NCTM has a well-established practice providing tailor-made legal advice on a wide range of customs law matters.
In Asos v Assos, the High Court reviewed the approach to be taken to many issues that arise frequently when considering trademark conflicts.
The Trademark Law of the People’s Republic of China underwent some substantial revisions last August.
An application for an EU mark ZEBEXIR in classes three and five was opposed by the owner of the earlier mark ZEBINIX for identical goods in classes three and five and services in class 42.
Setting a helpful precedent for famous logo brands, Lonsdale has won a UK trademark opposition against a ‘look-alike’ logo at the English High Court.
The new federal government proposes to conduct a ‘root and branch’ review of the Competition and Consumer Act 2010 to ensure a ‘level playing field’ for big and small business.
There is no accepted formula for dealing with many of the issues that arise in negotiating a joint venture.
Tribunal fees challenge download
Unison is challenging the decision by the Ministry of Justice to start charging fees in employment tribunals for the first time.
A contract for insulation work on boilers at a power station was originally granted to Kitsons in December 2010.
This briefing from Wragge & Co sets out an overview of the draft regulations and a table summarising the key amendments.
TUPE: but not as we know it? download
The government has launched a consultation paper indicating that it proposes to remove the SPC provisions altogether.
Draft legislation amending TUPE and the law relating to collective redundancies has now been published and is expected to come into force in January 2014.
The EAT has confirmed that a single employee can be an ‘organised grouping’ of employees.
The FCA has answered questions from consumer credit businesses about its proposed approach to regulation as set out in its October consultation paper.
UK Court of Appeal's award of compensation following breach of Data Protection Act could open floodgates download
In a groudbreaking case, the Court of Appeal recently awarded compensation to an individual for distress following a breach of Section 13(2) of the Data Protection Act 1998.
UK FATCA update download
The Cayman Islands government has announced that it has now signed a FATCA-type intergovernmental agreement with the UK.
UK government publishes draft Consumer Rights Bill including proposed reforms to private actions in competition law download
The UK government’s BIS has published its proposals for the reform of private actions in competition law.
A decision of the Court of Appeal in relation to Olympic Airlines has left UK pension scheme members without the protection of the Pension Protection Fund.
It has been reported that Germany will introduce legislation requiring German companies to allot 30 per cent of their non-executive board seats to women from 2016.
Simon Rice-Birchall, partner at Eversheds, has commented on a report highlighting perceived UK deficiencies in whistleblowing protection for employees.
A number of recent cases suggest that some judges are now applying procedural rules more rigorously as a result of the implementation of the Jackson reforms.
Unions target tech companies’ outside vendors: four action points when your company is caught in the middle download
Since the technology company does not employ the individuals performing the services, it has nothing to worry about from labour unions seeking to organise them. Right?
Rihanna brought a passing off claim in the High Court against Topshop for the use of her image without her permission.
A new annual tax on enveloped dwellings (ATED) was introduced on 1 April 2013. It applies to residential properties in the UK valued over £2m, if they are held by a ‘non-natural person’.
The US Telephone Consumer Protection Act (TCPA) is now a major litigation risk for companies in a variety of industry sectors.
SARs are often used as a mechanism for pre-action disclosure by current or former employees for the purposes of actual or intended litigation.
US-Swiss voluntary disclosure programme: deadlines are looming — Swiss banks need not panic, but must act swiftly and thoughtfully download
The voluntary bank disclosure programme between Switzerland and the US offers worried Swiss banks the possibility of peace of mind from future prosecution.
The CJEU has ruled in the case of PPG Holdings BV (PPG) (C-266/12) that an employer is entitled to recover VAT on services procured by the employer for the management and operation of its pension fund.
VAT recovery: the economic link download
As is often the case with buses, a second important case on input tax recovery has come along shortly after another.
This month, the Victorian Department of Treasury and Finance released the Intellectual Property Guidelines for the Victorian Public Sector.
Audrey Williams has commented on the recent vote by the European Parliament in favour of a directive to boost the presence of women in Europe’s boardrooms.
Walker Morris has been ranked in 27 practice areas in the 2014 edition of Chambers & Partners.
Walker Morris has advised InTechnology on the sale of its subsidiary InTechnology Managed Services to Redcentric for £65m.
Walker Morris has presented 50 children with prizes at a special presentation ceremony at its offices for its 19th annual Children’s Charity Calendar Painting Competition.
Walker Morris will be at the LGG Annual Governance Conference 2013, held at County Hall, London, on 26–28 November 2013.
Sports lawyers at Walker Morris have won a major employment legal case in the Court of Appeal for Crystal Palace FC.
Twelve Walker Morris volunteers have been participating in the seventh Leeds Law Society’s Education Week.
Walker Morris managing partner Ian Gilbert is set to present at a Legal Sector Conference, examining some of the key elements that can influence the strategies of law firms.
The Pension Protection Fund (PPF) announced at the end of July 2013 that it is changing its insolvency risk provider from Dun & Bradstreet to Experian.
The Full Federal Court handed down its appeal decision in MBI Properties Pty Ltd v Commissioner of Taxation  FCAFC 112 on 18 October 2013.
This article considers the future of the Australian Charities and Not-for-Profits Commission under the new government and outlines the reasons why it may remain broadly in place.
What next for Iran and sanctions? download
Talks took place in Geneva between Iran and high level delegates from the US, the UK, France, Germany, Russia and China, facilitated by the European Union.
This is the first of four articles summarising the general duties and potential liabilities of a director of an English private company (which is not in a group with a PLC).
This is the second of four articles summarising the general duties and potential liabilities of a director of an English private company (which is not in a group with a PLC).
This is the third of four articles summarising the general duties and potential liabilities of a director of an English private company (which is not in a group with a PLC).
This is the fourth of four articles summarising the general duties and potential liabilities of a director of an English private company (which is not in a group with a PLC).
Business and company names are regulated to make sure that misleading names, which may imply unwarranted status or authority, cannot be used.
SCoTA provides template ’Relevant Standard Specifications’ for various types of coal.
This article provides guidance for companies offering internship programmes when considering whether or not to pay NMW.
The Court of Appeal has given judgment in the ‘stay’ application in the long-running patent dispute between IPCom and HTC.
Where to request repayment of private copying levies when comparable levies have already been paid in another member state? download
Most European countries that have a private copying exception to copyright protection also have an accompanying private copying levy scheme.
Whistleblowing in Luxembourg download
Whistleblowing is the process of reporting wrongful, unethical or unlawful behaviour or misconduct internally or externally, i.e. to a third-party organisation.
Audrey Williams, partner at Eversheds, has commented on a report of the findings of a Whistleblowing Commission conducted by the charity Public Concern at Work.
At the end of October, the Standing Committee of China’s National People’s Congress finalised the third draft of amendments to China’s Environmental Protection Law.
Who’s Who Legal’s website recommends 13 lawyers from Ogier in Guernsey and Jersey, which is reportedly more than any other Channel Islands law firm.
Why relying on A/P and invoice approval software is a dangerous game for your legal department download
Legal eBilling, invoice approval and matter management software, as opposed to just A/P software, are neccessary to efficiently manage even a small legal department.
Emma Chadwick, head of litigation at Winckworth Sherwood, has written an article for Facilities Management Journal entitled ‘Combating squatters’.
Lindsay Garratt, a solicitor in Winckworth Sherwood’s planning team, has co-written an article in relation to the Community Infrastructure Levy (CIL) for City AM.
The Great Hural, Mongolia’s Parliament, has ratified a new investment law, already in effect since 1 November, that dramatically alters the investment landscape in Mongolia.
Withers has recruited partner Julie Teal to its London real-estate group. The law firm has also hired associates David Holland and Eloise Morgan.
Withers is extending its corporate and finance offering to Asia in response to growing client demand.
The EAT decision in USDAW v Ethel Austin Ltd (in administration); USDAW and anor etc sent shockwaves through the legal and HR professions.
Paula Barrett, data regulation expert at Eversheds, has commented on the workability of EU data protection proposals.
Workplace guides in place for start of Australian anti-bullying laws in 2014 — replacing proposed Code of Practice download
After two rounds of public consultation, Safe Work Australia has determined to release its draft Code of Practice on Preventing and Responding to Workplace Bullying in the form of a guide.
Wragge & Co has advised the founder of Mountain Warehouse on the £85m acquisition of the outdoor clothing and equipment retail business.
Wragge & Co’s data protection team has helped in the creation of the World Law Group’s latest report, Global Guide to Data Breach Notifications.
Wragge & Co recently hosted an evening of networking for 100 students and young people interested in a career in law.
Wragge & Co is named a National Leader in the new Chambers UK 2014. The firm’s construction, employment, intellectual-property, planning and real-estate teams are all listed.
Wragge & Co and Buck Consultants have announced a joint initiative aimed at assisting SMEs to fulfil their automatic enrolment obligations.
David Savage of Eversheds has commented following news that the World Trade Organization is close to sealing the first global trade deal in more than a decade.
Research published by the CIPD in August has indicated that there are around one million people in the UK working under zero-hours contracts.
Soft drinks company Britvic has appointed Addleshaw Goddard M&A partner Clare Thomas as its new general counsel after a period of secondment.
Allen & Overy (A&O) has announced a 7.5 per cent increase in revenue for the first half of the 2013/14 financial year, turning over £608m in the six months from 1 May.
Paul Hastings has been in the news for less than great reasons recently – you may recall partner Tom O’Riordan left the firm’s London office after he was found to have lied about his education
The winter party season is kicking off in London, and this week two European firms cracked open the fizzy wine and invited their friends for a drink and canapés.
Getting cosy with clients is part of the job right? That is what the High Court will decide when it looks at the relationship between Slaughter and May and Ernst & Young after a complaint by liquidators RSM Tenon.
A couple of weeks ago a group of senior in-house and private practice lawyers gathered around a table at Trowers & Hamlins in London and talked Europe. The group were in the final stages of judging The Lawyer’s European Awards 2014. After sifting through the entries and engaging in some serious debate about their merits, the judges made their decisions ...
Deloitte has emerged as the dominant player in the UK law firm audit market, new research by The Lawyer has revealed.
Fladgate has posted a double-digit increase in turnover and a 10 per cent rise in profit for the 2013/14 half year, with a 15 per cent turnover hike to £14.84m over the like-for-like period.
Brecher managing partner Nicky Richmond finds taste as big as the price as Mayfair’s latest Indian fusion eatery Gymkhana
Coronation Street, Breaking Bad, Legoland, Super Mario, Inter Milan and Byron Hamburgers. October’s deals round up reads like a cross between the Radio Times and Time Out. Not that media and entertainment lawyers would have had time to appreciate either last month.
Olswang has reported un-audited half-year numbers that show an increase of 15 per cent on last year’s six-month revenue, with the technology, media and telecoms firm booking a total of £57.6m.
Next time you’re chomping on some egg fried rice, think about the lawyer who enabled that foil container to reach your armchair. In this week’s in-house interview, the general counsel of takeaway service Just Eat spills the (green, sautéed) beans on the legal issues his small team have to stomach.
India’s former solicitor general Gopal Subramaniam has joined 3 Verulam Buildings (3VB) as an associate member as the set aims to further expand into Asia market.
The Lawyer UK200 has been published, and it’s bigger and better than ever before. Try our cut-down free version to get a glimpse of the interactive benchmarking tool, and contact email@example.com for access to the full, paid-for version, which includes a PDF report on each of the top 200 firms ranked
Energy giant BG Group has cut its panel to three after dropping Allen & Overy (A&O) and Herbert Smith Freehills (HSF) from the roster.
Allen & Overy, Linklaters and Ashurst are among eight firms to have won spots on the Bank of Tokyo Mitsubishi UFJ (BTMU) first ever EMEA panel.
Allen & Overy (A&O) is rolling out a new initiative featuring self-employed legal consultants aimed at topping up resource at peak periods of demand.
Norton Rose Fulbright has replaced Allen & Overy (A&O) on a criminal corruption trial after partners from the magic circle firm allegedly intefered with a witness.
Allen & Overy (A&O) has raised associate salaries to match its magic circle rivals, six months after originally freezing pay for its youngest qualified lawyers.
Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the $1.7bn (£1bn) sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols.
The AA has become the latest high-street company to be granted an ABS licence by the Solicitors Regulation Authority (SRA) after launching a joint venture with Bristol-based Lyons Davidson.
The news that the AA has become the latest in a string of high street companies to jump on the ABS bandwagon proves that insurer appetite for ABS makeovers shows no sign of abating.
Following on from our recent story about LPO provider Exigent’s expansion, here’s an update on the efforts by Addleshaw Goddard to remodel its service offering. Reading between the lines in the interview with Exigent’s CEO David Holmes, it’s hard not to see a thinly veiled dig at Addleshaws when he says firms have barely scratched the surface of re-engineering the way they deliver legal services.
Addleshaw Goddard’s Manchester-based Transaction Services Team (TST) celebrated its third anniversary last week, with the firm saying it is now ahead of its target of delivering 10 per cent of its work through the TST by 2015.
Advanced time management and business intelligence tools will enable performance improvements across the firm
Aderant, the world’s largest independent legal software company, announced today that Afridi & Angell has selected the Aderant Expert practice and financial management system. With the move to Aderant Expert, the firm will be better positioned to meet both internal and client demands by improving key processes, increasing overall productivity, and expanding staff involvement.
Middle East firm Al Tamimi & Company is launching a dedicated sports practice with the hire of the general counsel of Abu Dhabi’s Yas Marina Circuit.
Lawyers who fancy themselves a bit of an action hero should maybe consider the biscuits business. Just ask head of corporate legal affairs at United Biscuits, Simon Rose, who has faced death threats over a bag of crisps and advised on a
American Express general counsel Louise Parent has quit the credit card giant to join the New York office of Cleary Gottlieb Steen & Hamilton after 20 years in the job.
Brecher managing partner Nicky Richmond falls in love with seamless service at The Wolseley
Ashurst was among a raft of firms that have secured advisory roles in Chinese state-owned group Aviation Industry Corporation of China (AVIC)’s €320m acquisition of German listed company KHD Humboldt Wedag International AG (KHD).
Ashurst global corporate head Stephen Lloyd has resigned from the firm’s partnership.
Davis Polk & Wardwell has picked up Ashurst finance partner Nick Benham, in the latest in a string of departures from the UK firm.
Ashurst corporate partner Eavan Saunders Cole is set to exit the Appold Street firm after almost 14 years.
Ashurst partners have voted for a raft of new board members, as the firm continues its push towards post-merger integration.
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
Attorneys at law Borenius Deploys LexisNexis CRM Solution InterAction Across Finnish and Russian Offices
LexisNexis® Enterprise Solutions (www.lexisnexis-es.co.uk), a leading provider of technology solutions for legal and professional services firms, today announced that Attorneys at law Borenius, one of the largest corporate law firms in Finland, has selected Lexis® InterAction® as the organisation’s customer relationship management solution to derive and harness the relationship intelligence that exists in the firm for business advantage. InterAction will support over 100 lawyers across ...
Baker & McKenzie is making efforts to deepen its relationships with African firms, last week hosting a meeting for 25 local firms from across the continent in London.
Baker Botts, Travers Smith and Maclay Murray & Spens have acted on GDF Suez’s recent entry into the UK onshore shale gas market.
The Bank of Ireland has hired John Bennett as general counsel to its UK subsidiary, succeeding Jan Karpinsky who retired earlier this year.
Bar leaders have been carpeted for applying unfair influence on regulators over changes to professional rules and for spying on independent private meetings.
Young barristers are “thrown in at the deep end” when directly advising the public because of woefully inadequate training that has created acute dangers around vulnerable clients, the Bar Council’s annual conference heard at the weekend.
Barclays’ head of compliance and regulatory relations Hector Sants, who last month took a temporary leave of absence due to stress and exhaustion, has resigned from the post.
Banking giant Barclays is attempting to avoid a full trial over defunct firm Dewey & LeBoeuf after issuing a summary judgment application to the High Court in a case against three former partners over loans.
Shoosmiths has been appointed to advise the joint administrators of high street shoe retailer Barratts, which went into administration yesterday (11 November).
Last night the now-traditional end-of-year curtain closer on legal market battle of the bands Law Rocks, the Six of the Best competition featuring previous winners, rolled its rowdy rock ‘n’ roll show into London’s 100 Club.
David Bickerton has been re-elected as Clifford Chance London managing partner after running unopposed.
Bird & Bird has opened an office in Dubai, its second office in the United Arab Emirates (UAE) following an Abu Dhabi launch in 2011.
Blake Lapthorn, Boyes Turner and Morgan Cole are in talks over a three-way merger which would create a new top 40 UK firm with revenues closing in on £100m.
Berwin Leighton Paisner (BLP) has hired the former global co-chair of DLA Piper’s hospitality and leisure group to its real estate practice.
Bracewell & Giuliani has raided Clifford Chance for energy construction partner Tracy London, marking the US firm’s eighth partner hire this year in London.
Broseta is launching a Zurich office, in what is thought to be the first move by a Spanish firm into Switzerland.
Burness Paull has added two lawyers to its pensions team in Glasgow from local rivals Brodies as the firm continues to grow.
SJ Berwin has tied the knot with King & Wood Mallesons and will shortly be losing the famed Berwin brand. What will the deal do to the London firm’s culture? View our exclusive video interview with senior partner Stephen Kon, below
The Canal & River Trust has appointed its first general counsel, after its legal and corporate services director Nigel Johnson announced plans to retire.
American media company CBS has appointed a new general counsel from Dell to suceed outgoing Louis Briskman.
Clifford Chance has kicked off the nominations process for the London managing partner elections ahead of the end of David Bickerton’s term in December.
Offshore firm Collas Crill is relocating two lawyers to London, creating its second office outside the Channel Islands.
Shanghai-headquartered AllBright has become the latest Chinese firm to expand into Hong Kong.
China’s Ministry of Commerce has established two sub panels for legal services in relation to trade investigations.
Fewer than half of in-house lawyers at major Chinese companies have voting power in board meetings, a survey by Baker & McKenzie and the China University of Political Science and Law (CUPL) has revealed.
King & Wood Mallesons’ merger with UK firm SJ Berwin took effect last Friday (1 November 2013) with a bang. Although its four Swiss Verein members, Australia, China, Hong Kong and Europe, are financially independent, the ...
People may laugh uproariously at the idea of moving to private practice for a better work/life balance. They might cackle harder when they realise that the place in question is a US firm. But it appears that an increasing number of senior in-house counsel are choosing to leave for a less demanding private practice role, both in the UK and US.
Clifford Chance partners Carlos Conceicao and Kelwin Nicholls have been hired by RBS to lead an investigation into claims that the bank forced small companies it owed money to into closure to make a profit.
Clifford Chance has elected global corporate head Matthew Layton as its new global chief to replace outgoing head David Childs, who retires next year.
Clifford Chance has elected a new global tax, pensions and employment (TPE) head to replace outgoing chief David Harkness.
Clifford Chance has elected partner Simon Sinclair as its new London capital markets head succeeding partner Andrew Forryan.
Clifford Chance’s current London managing partner David Bickerton is set to take up a second term after running unopposed.
Clifford Chance is on the brink of crowning a new managing partner as the vote draws to a close today (26 November).
Clio whitepaper offers guidance to law firms that are considering a Cloud practice management platform
A basic where to start and what to consider for European legal professionals
Early indications of financial results for the first half of the 2013/14 financial year are positive, with firms reporting growth across a wide range of practice areas and regions.
CMS has launched an office in Istanbul, becoming the latest Western firm to establish a footprint in one of Europe’s fastest-growing economies.
Litigators could see a rush of professional negligence claims against the sector following the Court of Appeal decision to penalise those that fail to comply with court directions, leading lawyers have warned.
The Court of Appeal has thrown its weight behind Lord Justice Jackson and issued a stern warning that litigators must comply with court procedures or face restrictive spending sanctions.
The Court of Appeal (CoA) has rejected a landmark appeal by Atkins Thomson for the former chief whip Andrew Mitchell MP, prohibiting him from exceeding his set costs budget of £2,000.
The Court of Appeal has issued a stern warning to litigators in a landmark ruling this morning, taking a hard line on lawyers that fail to comply with judicial directions.
The Court of Appeal has ruled that allegations that the Libor benchmark interest rate was manipulated can be included in two major cases against Barclays and Deutsche Bank and has scheduled Barclays’ case for next April.
The Co-operative Bank has named Brona McKeown as its new general counsel and company secretary, a month after announcing the split of its legal function.
The Co-operative Bank has hired a new general counsel, in the wake of news that the bank will host the UK’s first ever ‘bail-in’ by a consortium of hedge funds (4 November 2013).
The Co-operative Legal Services (CLS) bar panel review has come to a close, with 20 sets of chambers winning appointments.
Covington & Burling, Mishcon de Reya and Dorsey & Whitney have advised on the IPO of online video distribution group Rightster.
Criminal law specialists predict the profession will back a vote of no confidence in the Law Society’s leadership over lobbying efforts around government plans to slash legal aid rates.
DAC Beachcroft has issued a £10m cash call to the firm's LLP members while increasing its rolling credit facility to £40m as it pushes toward a revenue target of £200m for the 2013/14 year end.
Watson Burton has lost another two partners, this time around to DAC Beachcroft in Newcastle.
Davenport Lyons has closed its film and TV group following the retirement of department head Leon Morgan and senior partner Richard Moxon, resulting in four redundancies.
West End firm Davenport Lyons is looking to trim its trainee intake, following a “peak” of recruiting eight trainees annually.
Davis Polk & Wardwell was once compared to Skadden: a powerhouse in the US, sleepy in London. But then it smelt the coffee and launched an English Law capability in the City with the hire of Freshfields capital markets partner Simon Witty. What of it since?
The recession certainly isn’t taking its toll on newly qualified lawyers working at US firms. The news that Davis Polk is joining the NQ 100k club with a London trainee scheme highlights the gulf between the wages paid at leading City firms with those at their US rivals.
US firm Davis Polk is to break into the London trainee market with a scheme that will offer a newly qualified salary of £100,000.
An in-house lawyer at United Biscuits’ (UB) has exposed the perils of working in the snacks business after receiving death threats when the price of Space Raiders crisps rose by 5p.
For a while now soothsayers have been forecasting a rise in fee disputes between solicitor and client.
Dentons has boosted its Middle East practice with the hire of two lawyers from DLA Piper and Norton Rose Fulbright to its Abu Dhabi and Dubai offices.
Earlier this month we asked if Dentons’ eyes were too big for its tummy, what with a McKenna Long & Aldridge merger on the cards. Is the firm fattening up too fast?
Dentons has boosted its presence in Istanbul with the hire of six lawyers and three economists specialising in competition.
Dentons has lost its former Middle East head of dispute resolution and construction to Simmons & Simmons, just two months after losing its former Middle East arbitration head to SJ Berwin.
Dentons and McKenna Long & Aldridge have called off their merger following delays earlier in the month.
Dentons’ former co-chief executive Howard Morris has joined Morrison & Foerster (MoFo) as head of business restructuring and insolvency in London.
Dentons nuclear specialist Rupert Cowen has left the firm, with his destination yet unknown.
Norwegian company Sebastian Holdings has been ordered to pay $240m (£146m) to Deutsche Bank after the High Court threw out an $8bn compensation claim against the bank.
The latest Diversity League Table from the Black Solicitors Network suggests that despite improved access to the profession minority groups remain under-represented at the top.
DLA Piper has taken a high yield and leveraged finance partner from Clifford Chance’s London office as both firms push for more firepower in their high-yield teams.
Three partners together with 20 lawyers and staff are moving from DLA Piper’s Sydney office to join Australian firm HWL Ebsworth.
DLA Piper has named the new leadership line up for its Australia projects group as well as Asia Pacific banking and finance practice following a string of partner departures.
This past week was not the best one for DLA Piper. The firm saw two of its regional practice heads left to join Australian rival Gilbert + Tobin in Melbourne and
Profits due to the highest-paid partner at Dundas & Wilson fell last year by 39 per cent, the firm’s LLP accounts have revealed.
Another two international firms have joined the growing rush into Myanmar, with UK IP firm Rouse and South East Asian firm Tilleke & Gibbins both expanding into the country.
DWF has continued its upward trajectory with revenue up 57.5 per cent at the half year, with growth largely driven by the February acquisitions of Fishburns and Cobbetts.
DWF spent almost £17m on its expansion last year, the firm’s newly-released LLP accounts have shown.
Edinburgh University is to appoint its first head of legal services before the end of the year in a bid to cut its legal budget by 10 per cent.
Surrey-based energy boutique LXL and US firm Morgan Lewis have advised on the $898m sale of Newfield Exploration’s Malaysian offshore oil and gas interests.
Canadian firm Gowlings’ EMEA head of energy, infrastructure and mining David Shasha has left the firm (1 November).
As SJ Berwin’s combination with King & Wood Mallesons goes live today, the enlarged Swiss Verein has established a new global organisational structure aimed at installing practice and sector integration.
After weeks of deliberation, the shortlist for The Lawyer European Awards 2014 has been revealed.
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.
When a good relationship turns sour there’s no telling where it could end up. Did Nigella Lawson think details of her alleged cocaine habit would end up headline news after her ex-husband apparently spilled the beans?
Eversheds decided against pitching for a role on the expanded NHS Shared Business Services (NHS SBS) panel at the latest review despite working on six of its nine ‘lots’ since 2009.
Eversheds has been ordered to pay £2 in nominal damages to Newcastle International Airport (NIA) after the Court of Appeal (CoA) brought to an end a six-year court battle.
LPO provider Exigent’s acquisition of mLegal this week gave me the chance to speak to CEO David Holme. It’s fair to say he had some seriously pithy comments to make about law firm process and re-engineering. Simply put, there isn’t any. Holme describes his company’s deal as “the next step to aligning the delivery of legal ...
Fairsail, the leader in Global Workforce Collaboration, today announced it has been selected by Keoghs, the UK’s leading provider of claims-related legal services to the insurance sector , to manage the core Human Resource (HR) and Human Capital Management (HCM) functions of its rapidly growing business.the lawyer mana
Criminal law solicitors have called on the Law Society to hold a secret ballot for a forthcoming no-confidence vote in its leadership, amid concern that Chancery Lane staff could be pressured to vote to reject the motion.
A major law firm’s information security was breached earlier this year. A bank managed to fend off hackers. Adobe’s firewalls were attacked. Cyber security is one of the most crucial issues facing any business. Find out what the experts say below.
Field Fisher Waterhouse’s (FFW) half year global revenue has come in ahead of budget, ringing in at £49.9m.
It is a little more than a year since Lawrence Graham called off merger talks with Field Fisher Waterhouse, but the firm is back at it, this morning telling partners of top-level merger discussions with
The legal sector has always set the bar high in terms of beautifully designed offices, not just to attract and retain the best talent but also to give customers a high quality experience from the moment they arrive. With first impressions so important, the design and fit-out of law offices are business critical.
Foot Anstey is set to launch a training academy, which will enable candidates to qualify as lawyers while working at the firm.
A former partner in Cobbetts’ Birmingham office is launching a boutique firm close to Frankfurt in Germany.
A former Newcastle solicitor has been given a suspended sentence for fraud after he funded a “lavish lifestyle” on the back of conned client money.
Former Norton Rose Fulbright Beijing head and long-serving real estate partner Peter Burrows has joined newly established Beijing firm DaHui Lawyers.
A former Stewarts Law litigation partner who was struck off after a private prosecution has turned to Fountain Court’s Timothy Dutton QC to fight the ruling in the Adminstrative Court next month.
The former director of legal and company secretary at Virgin Money, Jasan Fitzpatrick, has named as general counsel of consumer credit firm Premium Credit.
When Latvian professional indemnity insurer (PII) Balva went into liquidation, it sent shock waves through the profession. Then underwriter Berliner exited the market. The result? Hundreds of firms are scurrying to find cover. The situation looks grim.
French independent August & Debouzy is launching a scheme to support young entrepreneurs, inviting French start-up companies to bid for one of 10 low-priced support packages.
The fracking debate has caused an almighty rumpus in the UK, with everyone from Yoko Ono to the Church of England piping up on the issue. While the fate of our energy sources is by no means sealed, one of last week’s biggest deals demonstrates a crucial point: the energy giants are coming, and they want our shale.
Freshfields Bruckhaus Deringer has appointed another former Brussels chief as co-head of its antitrust, competition and trade (ACT) practice.
Freshfields Bruckhaus Deringer has appointed its new global chief information officer (CIO) to replace outgoing chief Paul Domnick.
Freshfields Bruckhaus Deringer partner Chris Bown is leaving the magic circle firm to join private equity house CVC, a key client of the firm’s corporate group.
Over 16 law firms are advising on the new Nine Elms regeneration area on the South Bank marking one of the biggest redevelopment projects to hit London in recent years.
Wragges has been after a London merger for a long while. In 2009 it even drew up a list of potential targets. But is Lawrence Graham really the answer to the Birmingham firm’s City dreams?
The Jackson Reforms are beginning to bite. Several firms have offloaded their claims groups to larger players, as it becomes increasingly challenging to make personal injury work pay. This is just the tip of the iceberg.
Norilsk Nickel, a north Russian nickel and palladium mining and smelting company, is hardly a household name. Yet, the metals giant is making waves in the Russian Eurobond market.
How’s your year going so far, private practice? Some half-year figures are beginning to trickle out and so far the prognosis is definitely not gloomy. But then, these are the firms that are happy to talk about their figures..
Perhaps it’s just that firms which have had good news are happier to talk about it, but the financial health of the UK legal market in 2013/14 looks pretty good at the six-month mark.
Watson Farley & Williams has posted double-digit revenue growth for the first six months of the 2013/14 financial year with half-year revenues of £52m.
Harper Macleod has made a swoop for former Burness managing partner Ken Ross as the firm continues to strengthen its Edinburgh office.
HBJ Gateley has added a partner to its litigation team in Edinburgh through the appointment of former Paull & Willamsons head of litigation, Gordon Steele.
Herbert Smith Freehills has selected Aderant Expert as the optimal solution for the newly merged global firm
Aderant, the world’s largest independent legal software company, announced today that after a thorough market evaluation Herbert Smith Freehills LLP will deploy the Aderant Expert 8.0 practice management solution throughout all its newly merged global offices
International consolidation of the profession was never going to pass without some fallout. Bringing two firm cultures together under a single roof will inevitably cause some upset to someone and result in exits.
No global merger ever comes together without a few hiccups. The hard work – or integration as it is known – can only start when the lawyers are officially brought together under a united brand.
Hill Dickinson has posted a 6 per cent rise in revenue for the first half of 2013/14 up from £51.9m to £54.9m.
HM Revenue & Customs (HMRC) has appointed a new general counsel to replace the retiring Anthony Inglese.
The grim details of Manches’ downward slide are revealed on TheLawyer.com today, exposing an unpaid tax bill which forced the firm into administration prior to its takeover by Penningtons.
One of the government’s leading lawyers, HM Revenue & Customs (HMRC) general counsel Anthony Inglese, is to retire.
Hogan Lovells has confirmed it will merge with full-service South-African outfit Routledge Modise on 1 December.
Hogan Lovells is gearing up for a change of leadership as co-CEOs Warren Gorrell and David Harris prepare to step down next June and the firm abolishes its dual-headed management structure.
Although some commentators are beginning to question the status of South Africa as a gateway for sub-Saharan Africa, the fact remains that for international firms the continent’s most-developed economy is still the easiest place to set up shop.
HowardKennedyFSI chief executive Mark Dembovsky has resigned from the firm after two years spent pushing through the merger between Howard Kennedy and Finers Stephens Innocent (FSI).
Herbert Smith Freehills (HSF) environmental partner Louise Moore has quit the firm to rejoin Hogan Lovells.
From day one of the Herbert Smith Freehills (HSF) combination on 1 October 2012, the firm has always marketed itself as a fully merged firm with a single global profit pool. But the devil is in the details. If read more closely, “a single global profit pool” means that the two legacy firms will pool together their profits, and then divide the profits into ...
Herbert Smith Freehills (HSF) has seen the majority of the legacy Freehills Singapore team exit the Singapore office a year after the firms merged, with former Freehills Singapore managing partner John Dick the latest to quit the office.
Legal market anoraks, here is your festive hoorah: Herbert Smith Freehills’ vote on its new remuneration structure is to jingle-bell its way into town before Christmas. God bless us, every one.
The newly elected managing partner of Clifford Chance, Matthew Layton, won his mandate after pledging to look at whether to reduce management committee membership from 16 to nine
Shell’s legal team has been revamped by its global GC Peter Rees QC. In our exclusive interview, read what he’s done - and find out how litigation has been key to his plans. For more GC interviews, click on the links below.
Irwin Mitchell has acquired Manchester personal injury boutique McCool Patterson Hemsi (MPH) Solicitors.
Jaywing has been appointed to provide Business Intelligence support for Irwin Mitchell, one of the UK’s largest law firms.
Manchester-based JMW Solicitors has posted a 26 per cent rise in turnover from £6.3m to £7.98m for first six months of the 2013/2014 financial year.
It is the first day of SJ Berwin’s $1bn merger with King & Wood Mallesons, a deal that has been a year in the making and that will eventually result in the
King & Wood Mallesons and Latham & Watkins are among the firms that have landed roles in the $1.1bn IPO of Huishang Bank, the third Chinese bank to go public in Hong Kong in a month.
King & Wood Mallesons SJ Berwin has advised Oxley on its £200m acquisition of Royal Wharf from Ballymore.
King & Wood Mallesons SJ Berwin (KWM SJB) has defeated Dechert in the Court of Appeal in a trademark battle for British Sky Broadcasting (BSkyB).
Latham & Watkins global chair and managing partner Robert Dell is to retire from the firm at the end of 2014, after almost 20 years in the role.
A change of venue, a change of pace and a mighty change in decibel levels were all on display at the first-ever all-acoustic Law Rocks!, the legal market battle of the bands charity fundraiser which rolled into town again on Wednesday (6 November).
Campaigners for a change of Law Society leadership have lambasted the solicitors’ representation body for “trying to bury bad news” in its handling of a no confidence vote.
Criminal law solicitors remain undeterred in their bid to oust the Law Society leadership over its dealings with ministers regarding proposed legal aid rate cuts – despite Chancery Lane’s bid to placate specialists with an 11th hour meeting with ministers on Wednesday.
A profession-wide vote of no confidence in the leadership of the Law Society would force the organisation’s top bureaucrat to consider his position, the chief executive acknowledged to The Lawyer today in an exclusive interview.
Solicitors have called for a no confidence vote in the Law Society’s senior team, accusing Chancery Lane of “appeasement and abject surrender” over government proposals to slash legal aid rates.
Gresham computing has hired a Manches associate to its new general counsel post, marking the first qualified lawyer to enter the company.
King & Wood Mallesons SJ Berwin (KWMSJB) has seen the first partner departure following its merger last Friday, with London real estate partner David Ryland leaving to join Paul Hastings.
The former general counsel of News Corporation Lon Jacobs has taken up the top legal role at Time magazine as current GC Maurice Edelson jumps to owner Time Warner.
The first dedicated choral competition in the legal sector is being launched today by Legal Harmony, following in the footsteps of Law Rocks, which has established itself as the top battle of the bands event in the legal sector.
If there’s one issue that is going to run and run for litigation lawyers it’s the cases coming out of the Libor scandal. Barclays and Deutsche failed last week in their attempt to get the Libor aspects dismissed in major financial misrepresentation claims against them. The City will be watching very closely.
Linklaters has as many FTSE 100 clients on its books as sector leaders Slaughter and May for only the second time since 2005.
Linklaters’ top earning partner took home £2.3m last year - £300,000 less than the previous year, according to the firm’s annual LLP accounts.
Brecher managing partner Nicky Richmond finds her tastebuds tickled at Little Social.
Was this only a matter of time? The news that Ashurst global head of corporate Stephen Lloyd is quitting the firm comes in the wake of huge upheaval post its merger with Australian firm Blake Dawson
The exit of Ashurst corporate head Stephen Lloyd is just the latest in a string of changes at the City firm
The path to outsourcing is not a smooth one for banking giant Lloyds. In July The Lawyer revealed that the bank was looking to outsource its retail & wealth and asset finance litigation teams to a panel firm, a bombshell that saw the project hastily put on hold.
The London office of US firm Locke Lord has snagged its second headline restructuring in under a month, with the mandate from rugby league club London Broncos to advise on its administration.
Locke Lord’s London office has been instructed by the joint administrators for video rental company Blockbuster, which went into administration today (11 November).
Just seven firms have won places on the London Boroughs Legal Alliance (LBLA) panel after the framework completed a major slimming-down of its legal roster.
The London Boroughs of Barnet and Harrow have entered a partnership agreement with Bevan Brittan as the two councils become the first local authority to apply for an ABS licence.
Legal process outsourcing (LPO) provider Exigent has expanded its traditional business model with the acquisition of Bangalore-based contract lifecycle technology company mLegal.
Yorkshire firm Lupton Fawcett Lee & Priestley has sealed expansion into York through a merger with local firm Denison Till, creating an £18m outfit.
Bristol-based firm Lyons Davidson expects to make 50 redundancies despite securing a number of recent high-profile alternative business structure (ABS) tie-ups.
Partner rates at magic circle firms have spiralled 62 per cent since 2005 with work-hungry top guns charging up to £850 per hour, according to new research.
Today we give you the inside track on the collapse of Manches, a horror story if ever there was one.
Gray’s Inn set Matrix has boosted its media practice with the arrival of three juniors from rival set Doughty Street Chambers.
Talk about a reshuffle in the Clifford Chance management suite.
Mayer Brown has continued to ramp up its London partnership with the hire of Allen & Overy (A&O) employment partner Stefan Martin.
Former Harbotte & Lewis managing partner Lawrence Abramson has left Fladgate to join Keystone Law.
Yorkshire-based ABS Minster Law is to launch a London office of 30 people in the City.
Australian firm Minter Ellison has hired a partner each from US firm Winston & Strawn and Gide Loyrette Nouel to strengthen its Greater China capability.
Australian firm Minter Ellison will initiate the search for a new chief executive partner, after incumbent John Weber announced he is to step down in June next year.
Boutique funds firm MJ Hudson has added to its team with the hire of a duo of senior lawyers, including legacy SJ Berwin partner Graham Nicholson.
The past few weeks have been a legal and financial rollercoaster for Freshfields Bruckhaus Deringer and its client Deutsche Bank.
Cardiff-headquartered Morgan Cole has appointed two partners and nine lawyers to its health and social care team in its Thames Valley offices.
Cardiff-headquartered Morgan Cole is transferring its Bristol-based volume claims and catastrophic insurance teams, including five partners, to DAC Beachcroft while Berrymans Lace Mawer (BLM) has picked up a partner and seven staff from the firm.
Surrey-based firm Mundays has launched a mystery shopper programme in a bid to raise the standard of its services.
Ever since the Foreign Investment Law of 2012 Myanmar has become one of the most attractive jurisdictions in Asia from the point of view of international law firms. The biggest challenge, though, is to find decent office space in Yangon.
Nabarro is to open an office in Dubai in 2014 marking the firm’s third international opening after Brussels and Singapore.
Sydney-based media & technology lawyer Brett Farrell visits London’s Northbank where he finds a restaurant that has managed to bring Cornwall to London
The Competition and Markets Authority (CMA) has appointed Norton Rose Fulbright antitrust and competition partner Michael Grenfell in a senior policy role.
Norton Rose Fulbright has axed 30 jobs across its Australian offices, in a move that took effect earlier this month (14 November).
Hogan Lovells has hired Norton Rose Fulbright competition partner Mark Jones in a move that marks the London office’s fourth senior partner hire in just over a month.
RPC has broken ranks with the rest of the City and has ditched a fixed salary to newly-qualified lawyers. Instead. NQs will be assessed on performance and will be remunerated within a broad pay band. Will other firms follow suit?
Nuix, a worldwide provider of information management technologies, today announced it has appointed Stuart Clarke as Director of Investigation Services. Clarke will be responsible globally for developing the Nuix Investigator product suite and collaborating with customers and partners to ensure Nuix software helps them improve the way they conduct digital investigations.
Earlier this year Clyde & Co revealed a 33 per cent climb in corporate revenue, from £53m to £70.7m.
The demise of Manches has highlighted the challenges faced by auditors in assessing the financial health of law firms across the UK market. Don’t miss our analysis this week, where we ask the leading auditors about what they look for in law firm accounts.
Olswang is launching a business dedicated to restructuring and insolvency through a strategic partnership with a German insolvency lawyer.
San Francisco-based Orrick Herrington & Sutcliffe and Pillsbury Winthrop Shaw Pittman have called off merger talks that would have created a $1.4bn giant with two bases in London.
Osborne Clarke partners have elected Andrew Saul as the firm’s new senior partner, taking over from Tim Birt who has held the position since 2006.
Osborne Clarke has seen its revenue increase by 12 per cent in the first half of the 2013/14 financial year, to €71.6m (£59.8m).
Plans to demerge Pannone to Slater & Gordon have hit a wall again, with the deal completion date delayed for a third time until today (27 November).
Pannone has delayed a partner vote on its proposed merger with Slater & Gordon for a second time.
The travails at Manches illustrate a vulnerability in partnership structures.
Peters & Peters has been thrust into the limelight again after high-profile client Charles Saatchi told a London court that his ex-wife Nigella Lawson was so ‘off her head’ on drugs that she allowed two assistants to splurge £300,000.
Brecher managing partner Nicky Richmond goes back to an old Chinese favourite.
Pinsent Masons has once again taken the top spot in Adviser Rankings’ latest Aim rankings, despite Memery Crystal closing its leadership gap by three clients since July.
Energy company KCA Deutag has appointed Pinsent Masons to its panel for employment and property across three jurisdictions in the first step of an ongoing panel review process.
Pinsent Masons and Memery Crystal have become familiar faces at the top of Adviser Rankings’ Aim client tables. The duo have been able to count more Aim clients on their books than any other firm for a year now, despite Pinsents decreasing its haul from 56 to 54 over the last quarter. Memery Crystal has upped its total by one, to 44
Bevan Brittan is forming a partnership with Harrow and Barnet Council to provide legal advice externally. It’s just the latest in a long line of innovative thinking among public sector lawyers that is transforming the way that legal services are delivered.
Battersea is where it’s at. The Nine Elms redevelopment will house the US and Dutch embassies and a swathe of apartments and shops. As such, any real estate department worth its salt has pitched for the work. Find out which firm has got what on the South London property bonanza.
Reed Smith, Allen & Overy and Clifford Chance were among firms advising on the restructuring of a £662m residential mortgaged-backed securitisation (RMBS) by Eurosail-UK ...
Reed Smith has defeated Allen & Overy (A&O) and Stephensen Harwood in two separate arbitrations totaling $3bn (£1.9bn) against the Republic of Kazakhstan (RoK).
Follett Stock’s 30 remaining staff were made redundant at midday on Monday (4 November) when the firm was liquidated at a High Court hearing.
Merit based salary or top dollar - what is the best method for remunerating those starting out in law?
Lloyds Banking Group (LBG) is pushing ahead with plans to outsource its retail & wealth and asset finance litigation teams amid changes to the structure of its legal department.
Manches went into administration two weeks after HM Revenue & Customs (HMRC) issued a notice of action after the firm paid just £90,000 of a £715,000 tax bill, The Lawyer can reveal.
Judicial review has become an important way for citizens to hold the authorities to account. Over the last few weeks we’ve seen a rash of them; catch up here.
The judicial review into the final resting place of Richard III is being heard before three High Court judges today, along with an application to join Leicester City Council as a third defendant in the case.
The full hearing into the judicial review (JR) over the remains of Richard III has been postponed until the New Year, after the High Court decided there was too much to be heard in a single day.
The Royal Shakespeare Company (RSC) has handed interim general counsel Marina Zain the position on a permanent basis.
Remuneration – always among the trickiest topics and one that tends to be contentious for any lawyer from their very first day in the office.
RPC is to scrap its flat rate salary for newly qualified (NQ) solicitors from September 2014 in favour of a merit based system, arguing that the concept of the flat rate has “passed its sell-by date”.
Slater & Gordon has confirmed to the Australian Securities Exchange (ASX) that a sale agreement for £33m has been made with Pannone.
Shearman and Sterling is among a raft of firms to advise Intercontinental Exchange (ICE) on its $11bn (£6.79bn) takeover of NYSE Euronext.
Siemens general counsel Peter Solmssen is to leave the group next month as the top legal job is axed from the management board.
Simmons & Simmons has seen half-year turnover growth of 8 per cent compared to the same period in 2012/13, with revenues hitting £130.6m at the six-month stage of 2013/14.
It’s been a week of big money battles at courts at home and abroad. In Singapore the Court of Appeal has slashed a $250m arbitration award to just $700,000 after an appeal by Essex Court’s Toby Landau QC for the Lippo Group.
Indonesian conglomerate Lippo Group has reduced a $250m arbitral award made against it from $250m to $700,000 after a battle in the Singapore Court of Appeal.
Singaporean firm WongPartnership has broadened its regional coverage by forging a strategic alliance with Malaysian boutique Foong & Partners.
Australian listed firm Slater & Gordon has confirmed that it is in tie-up talks with Pannone following months of silence from the firm about the top-level discussions.
Market reforms introduced via the Legal Services Act and litigati
Slaughter and May has been hit with criticism over its relationship with Ernst & Young (E&Y) in a judgment relating to its fee-charging in an administration.
Société Générale Group has named Christopher Davies as its new regional general counsel for Asia Pacific, as predecessor Mark Duncan promoted to a role in the Paris headquarters.
Speechly Bircham has launched in Paris, just three months after opening a base in Geneva.
What is Speechly Bircham up to in Europe? The firm has ballooned from a single-site City outfit into a five-office European network in just over two years. Its first foray with the Continent saw it encroach into Luxembourg and Zurich in 2011, before setting up shop in
The debate over protectionism in developing markets is a common one. In Indonesia, the expat legal community is currently raising concerns about the proposal by domestic bar association Peradi to force foreign lawyers to take an ethics exam
Squire Sanders has formed a strategic alliance with seven-partner Indonesian firm Melli Darsa & Co in a bid to tap into one of the world’s fastest growing emerging economies.
The SRA has shut down Follett Stock with immediate effect following revelations that the Truro-headquartered firm was facing a HM Revenue and Customs winding up petition last month.
More than 100 firms have ben warned to prepare for the worst case scenario after failing to secure professional indemnity insurance (PII) on the open market ahead of the 1 October renewal deadline.
Stephenson Harwood has posted half-year turnover of £57m – an increase of 10 per cent on revenue of £51.4m at the same point in 2012/13.
The Supreme Court has allowed a landmark appeal by the insurance market over the ability of litigants to settle cases without fear of foreign court proceedings.
Christian guest house owners who refused to allow a couple to take a double room because they were gay have had their appeal rejected by the Supreme Court.
We look at cases that have reached the end of the judicial line after being refused permission to carry on to the Supreme Court.
What has financier Nathaniel Rothschild got in common with strip club owner Peter Stringfellow? We know you’re thinking highlights and thongs, but you’d be mistaken.
Sutherland Asbill & Brennan LLP announced today the release of its new Sutherland SALT Shaker app for iPhone and Android. The app alerts users to important state and local tax (SALT) developments and enables users to easily find specific, relevant and timely tax insights. The Sutherland SALT Shaker app was launched in the iTunes App Store on October 11 and went live on Google Play on October 16.
The Abu Dhabi National Energy Company (TAQA) has appointed a new general counsel and company secretary to replace outgoing Steven Phillips who retires this year.
Essential Living, which develops and manages purpose built homes for rent, has revealed its first formal legal panel, which will remain in force for three years.
The recession has forced the legal industry to rewire its clock. Even at the top, firms such as Allen & Overy (A&O) are having a rethink.
High-profile cases have been rearing their heads this week with Plebgate and the David Miranda case both hitting headlines again as well as news of $3bn of claims filed – and lost - against the Kazakhstan government.
Surely there’s never been a better time to be a recruiter of in-house lawyers; GC are coming thick and fast. For all the best in-house opportunities, don’t miss our jobs pages and sign up to our alerts. And for who’s moved where in the last couple of weeks, check out the links below.
Getting a judicial review claim into court is no mean feat, as lawyer Alex Monaco found when he tried to challenge Vince Cable MP
Some merger talks end happily; most barely get off the ground. The last 18 months have seen a number of serious discussions that didn’t make it over the finishing line. Were they doomed from the start?
Manches’s takeover by Penningtons was not your usual merger. It was a pre-pack deal hastened by a tax demand from HMRC. For the full inside track on the mess Manches got itself into - including how much money it was really losing - read our investigative piece, below.
LSLA president Francesca Kaye on the landmark costs battle being fought by Andrew Mitchell MP in a case that is set to define the Jackson reforms
Civil justice reforms – don’t panic; ruling boosts employers in sex bias cases; and South Africa falls out of love with international arbitration
Smokers reckon they are a fairly persecuted lot – just about the only place they can puff away these days is in the garden shed, but even then only if the family dog doesn’t wander in. Cigarettes have long been banned from the workplace (remember those smoking rooms with wallpaper that bore a striking resemblance to a diseased lung?).
It’s hard to imagine bearded gentlemen slouched at bars in pubs around the country, gently stroking beer bellies, taking much interest, but Eurocrats are soon to insist that they are at least informed of the nutritional content of their pints.
A great irony of western business life is that while the three-martini (in New York) or bottle-of-claret (in London) lunch has historically been perfectly acceptable and often positively encouraged, rolling a quick spliff triggers harrumphs of consternation from bosses.
Cyber attacks and breaches of online security currently seem to be emerging faster than fireballs in a Godzilla film. Yet you don’t expect the UK government – let alone its justice ministry – to be caught with its pants down. Yet that’s exactly what happened when details of all 1,182 prisoners at Her Majesty’s Prison Cardiff were erroneously emailed to the families of three inmates.
Irwin Mitchell has lost six partners and a team of 24 lawyers and support staff after being raided by TLT in Manchester.
Travers Smith client Sebastian Holdings has been ordered to pay 85 per cent of the £60m legal bill racked up by Deutsche Bank in an $8bn court showdown between the parties.
Tui Travel has promoted its mainstream tour operating general counsel, Mike Bowers, to the role of group legal director, following the decision of the FTSE 100 company’s legal chief Andrew John to begin planning for retirement.
Boston-headquartered Sullivan & Worcester has moved to bolster its nascent London office through the hire of two finance partners in the City.
Partner rates at US firms in London have spiralled 87.5 per cent since 2009 with top-end hourly rates hitting £700 per hour, according to new research.
Washington DC-based intellectual property (IP) firm Finnegan Henderson Farabow Garrett & Dunner has launched in London but has confirmed the closure of its office in Brussels.
If you’re thinking about a career in law but aren’t sure whether it’s a good idea or not, Lawyer 2B’s webcast powered by The University of Law can help you make a decision.
Virgin Group has launched a full audit of its legal advisory roster with the aim of informally reviewing its panel arrangements.
Tricky things, panel appointments . Even if your firm does manage to secure a spot on a top-notch panel, it doesn’t guarantee that the big money will roll in.
Leeds-based Walker Morris is closing its 48-strong personal injury department, blaming "continuing turmoil" in the personal injury (PI) market.
North West firm Weightmans has reported growth of 7 per cent for the first six months of the financial year, bringing in just over £41m compared to £38.3m at the same point last year.
It’s not clear how Weil Gotshal & Manges feels about author William Boyd but ‘The Ice Cream Wars’ probably isn’t its favourite book.
Watson Farley Williams’ Michael Greville has resigned from his role as managing partner after 12 years.
Wragges has been on a hunt for a London merger since 2009 when Lawrence Graham was one of four firms on its hit list, so why now?
London set Wilberforce Chambers has appointed XXIV Old Buildings’ practice director Nicholas Luckman as its incoming practice director.
Lawrence Graham (LG) and Wragge & Co are in merger talks to create a £170m firm, partners were told today.
Media firm Lee & Thompson has poached FremantleMedia’s head of legal for drama and scripted comedy weeks after the business lost its overall legal chief to NBC Universal.
Chadwick Lawrence has become the latest outfit to sell off its personal injury (PI) book, with the firm offloading the business to Slater & Gordon.