Ashurst advises i newspaper owner as it puts itself up for sale

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Latest Briefings

Brexit, AIFMD and credit funds – hot topics for IBA private funds event

Brexit was the key topic at the 20th annual IBA Annual International Conference on Private Investment Funds 2019 – but as you’d expect, there was discussion on a range of areas from NPPR to credit funds, and from the prospects of the UK economy to AIFMD II. Seven partners from Ogier’s international funds team from Cayman, […]

Luxembourg tax reform for 2019: Part II

By William Jean-Baptiste On 5 March 2018, the Luxembourg Government filed the 2019 Finance Bill (the Bill) with the Chambre des Députés. Following the 2018 general elections, the Luxembourg Government was authorised to extend certain credits and expenses of fiscal year 2018 (the “douziemes provisoires” or provisional twelfths system) for the period running from January to […]

Implementing regulation on prevention of major industrial accidents and reducing their effects

March 2, 2019 Saturday and dated 30 702 Official Gazette ( ” Official Gazette “), the Family, Ministry of Labor and Social Services, jointly by the Environment and Urban Planning Ministry and the Interior Ministry, Prevention of Major Industrial Accidents And Regulations on Mitigation of Impacts ( ” Regulation ” ) Has been published; The Regulation on the […]

Abolishing subsidies for wind power plants in the republic of Srpska

The National Assembly of the Republic of Srpska adopted the Law on the amendments to the Law on Renewable Energy Sources and Efficient Cogeneration (Law) in an urgent procedure, abolishing subsidies for the production of electricity from wind power plants in the Republic of Srpska. The Law will enter into force eight days after its […]

Alternative dispute resolution – Arbitration

By Bolormaa Volodya General understanding of the Arbitration: Civil court lawsuits and trials are the traditional method for resolving disputes. However, concerns about court congestion and delays, rising litigation costs, and the negative psychological and emotional impact of litigation have increased the use of alternative dispute resolution (ADR) techniques such as mediation, arbitration etc. Arbitration is one […]

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Ashurst tempts back derivatives partner for innovation role

After just two years at the helm of Fieldfisher’s alternative legal services arm Condor, Christopher Georgiou has returned to Ashurst to help lead the firm’s delivery platform. Ahead of his move to Fieldfisher, Georgiou was a lawyer at Ashurst for 14 years from 2002 to 2016, which he joined as part of the newly-created derivatives & structured […]

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Ashurst client Royal Mail hit with £50m fine for competition breaches

Royal Mail, advised by a team from Ashurst, has been unable to fend off a £50m fine from Ofcom, after an investigation into the business’s practices in 2014 found the delivery giant had “abused its dominant position in bulk mail delivery”. Three-partner firm Towerhouse advised Whistl, then known as TNT, which was trying to break into […]

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Ashurst advises on £800m take-private offer for Vedanta

Ashurst is advising on the possible buyout of Vedanta Resources, after Indian businessman Anil Agarwal indicated his intention to purchase the remaining shares in the company for nearly £800m. The firm is working with Volcan Investments, the vehicle through which Agarwal currently owns a majority stake in Vedanta. He has made an offer to take on the […]

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Ashurst back on form with double-digit PEP growth

Two years after reporting a 10 per cent slump in its average profit per equity partner (PEP), Ashurst is back on track, reporting double-digit PEP growth to £743,000 in 2017/18. The news marks a turnaround in the firm’s financial fortunes, as it is an 11 per cent uplift in PEP from £672,000 last year, and […]

Baker McKenzie

Bakers rebuked for shortcomings in #MeToo investigation

A review carried out by Simmons & Simmons into Baker McKenzie’s handling of a sexual misconduct incident has concluded that there were “shortcomings” in the way the case was handled. Bakers hired Simmons earlier this year to probe an incident six years ago, where an associate alleged that she was sexually assaulted by a Bakers […]

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