Bakers picks Florida for third business services centre

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Latest Briefings

Emergency Legal Kit for Business – personal data protection in Romania

This Law transposes the Directive (EU) 2016/680 on the protection of natural persons with regard to the processing of personal data by competent authorities for the purpose of the prevention, investigation, detection or prosecution of criminal offences or the execution of criminal penalties, and on the free movement of such data, and repealing Council Framework […]

Draft Karnataka Maternity Benefit (Amendment) Rules, 2018

The Maternity Benefit Act, 1961 (MB Act) was amended vide the Maternity Benefit (Amendment) Act, 2017 (2017 Amendment) to grant certain additional benefits to eligible women employees. As part of the 2017 Amendment, the provision of a crèche facility was made effective from 1 July 2017 as a mandatory requirement for every establishment with 50 […]

Insolvency in aviation: what India’s new bill means for leased aircrafts

Leasing of aircrafts is a prevalent market practice in the aviation industry, and all existing airline operators in India have currently leased a significant number of aircrafts in their fleet. In fact, a sizeable debt in the books of these operators is in connection with such leasehold arrangements. Insolvency proceedings in India, including the aviation […]

Supreme Court confirms commercial tenant’s statutory right to a renewal lease

By David Manda, Ruth Ormrod The Supreme Court has confirmed, in the case of S Franses Ltd v Cavendish Hotel (London) Ltd that a landlord cannot oppose a tenant’s right to renew its tenancy on the grounds of redevelopment or reconstruction if there would be no intention to carry out the proposed works should the tenant vacate voluntarily.  Walker […]

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Exit sign

Latham to lose corporate partner to Baker Botts

Baker Botts is set to snag a partner from Latham & Watkins‘ corporate finance practice, in the latest lateral move to be made by the US firm in the City. Latham partner Richard Brown is the second corporate partner that Baker Botts has set its sights on in the last few months, with David Ramm joining in September […]

Saudi Arabia

Clifford Chance and Bakers secure $5bn deal to create third largest Saudi bank

Clifford Chance and Baker McKenzie have advised in Saudi British Bank’s (SABB) $4.9bn takeover of Alawwal Bank, creating the third largest lender in the Kingdom. Clifford Chance  acted for SABB in Dubai, with a team led by M&A corporate partner Mohammed Al-Shukairy and senior associate Daniel Boyle. Bakers advised Saudi Arabian-listed bank Alawwal Bank alongside its association firm […]

Nearshoring market heats up as Bakers plans 150 new Belfast jobs

In a move that underlines the importance of near-shoring for global firms, Baker McKenzie is to add 150 new roles to its Belfast legal services centre after securing extra space in the city. The firm, which launched in Belfast in 2014, will take on new premises in City Quays 2, alongside its existing home in Belfast […]

Golfing

DLA Piper and Addleshaws secure rescue buyout for American Golf

DLA Piper and Addleshaw Goddard have stepped in to rescue ailing retail giant American Golf from administration as it is purchased by private equity investor Endless. With its head office in Warrington, American Golf’s buyout was handled entirely in the firms’ regional bases. DLA Piper’s corporate restructuring partner Richard Obank and corporate insolvency partner Colin […]

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