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The greenest way to do business

Running a sustainable, green business is now more important than it has ever been before. But you don’t need to be a giant corporation to make a big difference.

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

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WPP calls in Slaughters and Milbank to investigate email leaks

Advertising agency WPP has hired Slaughter and May and Milbank Tweed Hadley & McCloy to investigate the source of a string of anonymous emails sent following Sir Martin Sorrell’s departure in April. Slaughters and Milbank are thought to be advising advertising agency WPP after current and former staff received anonymous and intimidating messages on WhatsApp and via […]

A&O pursues get-out for WPP in Tempus takeover

Allen & Overy (A&O) appeared last week to be trying to find a last-ditch get-out clause for its client, advertising firm WPP, to extricate it from the takeover of Tempus. WPP had offered Tempus shareholders 555p for every share held in the media buying agency and about 94 per cent of shares were in the […]

San Francisco

Travers Smith and Cooley advise on Sir Martin Sorrell’s $150m ad agency purchase

Travers Smith and Cooley have led on the acquisition of San Francisco-based advertising firm Mightyhive by Sir Martin Sorrell’s S4 Capital, in a $150m deal that will consolidate the position of analytics and algorithms at the heart of the digital marketing business. The Lawyer has learned that S4 Capital was advised by a team from Travers Smith […]

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TransferWise GC exits after three years

The general counsel of currency transfer service TransferWise has left the company. Jenifer Swallow announced her decision on Linkedin, posting a statement that said she is currently looking for new opportunities. She spent over three years at the company, having joined in 2015 as its first ever general counsel. She was previously general counsel and […]

Reed Smith bags Nabarro trio for City funds launch

Reed Smith has launched a London investment funds practice with the hire of ­former Nabarro partner and barrister Dale Gabbert. Gabbert, who joins as a partner, will bring with him associates Winston Penhall and Matthew Pitman. He will advise funds including private equity, property and hedge funds on investment management, corporate and regulatory issues. Reed […]

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