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

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Latest Briefings

Canada: New checks under Police Record Checks Reform Act

By Amy Derickx On Nov. 1, 2018, new “checks” on the police record check system will be in force under Ontario’s Police Record Checks Reform Act. Organizations who rely upon police record checks as a method of determining suitability for employment or volunteer work will want to review related policies and procedures for the purposes of […]

Blockchain and Cryptocurrency Regulation 2019

Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions. […]

Mongolia – Trademark Protection

By Bolormaa Volodya The exclusive rights of the trademark holder will be granted or entitled when the trademark is officially registered with the General authority of Intellectual property and trademark certificate is issued. “Trademark” means distinctive expression used by an individual or a legal entity, engaged in manufacturing of goods or the provision of services, in […]

Kazakhstan – Agricultural business and opportunities for Islamic finance

By Shaimerden Chikanayev Agriculture is one of the most attractive sectors of Kazakhstan’s economy. Kazakhstan has approximately 24 million hectares of arable land and 188 million hectares of pasture. More than 74% of the country’s territory is suitable for agricultural production. More than 42% of Kazakhstan’s population live in the countryside and about 20% of all […]

Dutch tax regime: confirmation of EU ‘per-element approach’

The Supreme Court rendered its judgement in two cases regarding the “per-element approach” to the Dutch tax consolidation regime (fiscal unity). The cases concern: a Dutch interest deduction limitation rule, and; the (non-)deductibility of currency losses on certain participations. On 8 July 2016, the Supreme Court raised preliminary questions to the Court of Justice of the […]

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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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