Aventis’s ‘poison pill’ raises market concerns

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Latest Briefings

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Pimlico Plumbers: the self-employed v brand debate

By Paula Rome The widely reported decision in Pimlico Plumbers emphasises the risks of retaining control over staff. However, such control can be key to protecting an organisations’ brand and reputation in the marketplace. Where does this leave us? What does control mean?

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

I’m divorced, that’s it, right?

By Miranda Nairn There is a common misconception that once in possession of a decree absolute (the final decree dissolving a marriage), your divorce is done and dusted and you and your ex-spouse can walk off into the sunset, in opposite directions, never to see or hear from each other again. In fact, unless you […]

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Italy to slash three regulatory bodies

A new Italian authorities law looks set to abolish three regulatory bodies as the country attempts to bring in legislation to prevent a future Parmalat scandal. It is hoped that the changes, which have not yet been approved by the government, will restore foreign investors’ confidence in the region. The proposed changes would mean the […]

Finance deals round-up

Eversheds (Anthony McGurk, Martin Halford) advised Astron on its acquisition of Edotech from its management and Barclays Private Equity for £130m. Clifford Chance advised Astron’s lending bank, the Royal Bank of Scotland. Edotech advised by Ashurst. Baker & McKenzie (Helen Bradley, Michael Caro) advised Tibco Software on its acquisition of Staffware, a UK business process […]

SJ Berwin lures A&O tax specialist

SJ Berwin has poached Allen & Overy’s (A&O) current head of tax know-how and training Pat Dugdale, who will join the City firm as a partner in its tax group. SJ Berwin has also managed to win back private equity partners Jonathan Pittal and Perry Yam, who had resigned to go to Olswang. Their final […]

World Trade Center leaseholder fails in bid to increase insurance pay-out

The titanic battle between two of the New York bar’s trial heavyweights is nearing its end after a US federal jury rejected World Trade Center leaseholder Larry Silverstein’s bid to effectively double his insurance payments from Swiss Re. As reported by the New York Lawyer, Silverstein’s lead attorney, Herb Wachtell of Wachtell Lipton Rosen & […]

Latham suffers rare partner departure as Sidley Austin swoops

Latham & Watkins has been hit by a rare partner departure with the loss of a New York-based real estate finance lawyer to Sidley Austin Brown & Wood. Sidley Austin’s 30-plus strong executive committee last week approved the hire of Brian Krisberg who has been with Latham since 1996 following a stint at Milbank Tweed […]

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