Bakers’ record results highlights power of the City

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Schoenherr advises Laakman Holding on increase of participation in C-QUADRAT

Schoenherr has advised Laakman Holding Ltd on the increase of its participation in the listed fund company C-QUADRAT Investment AG from 9.4 per cent to 18.4 per cent. Through this transaction, Laakman became the core shareholder of C-QUADRAT. The increase of the participation was effected through the acquisition of a shareholdings from Alexander Svoboda Privatstiftung, […]

London
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UK firms with non-executive directors grow a third faster than their peers

UK firms that have appointed non-executive directors (NEDs) to their boards have grown their revenue a third faster than those without NEDs. According to research by recruitment firm Edward Drummond, UK firms in the top 100 with at least one NED have grown their revenue by an average of 12 per cent since the peak […]

Walker Morris is shortlisted for Yorkshire Legal — Corporate and Commercial Award

Walker Morris has been shortlisted for the 2014 Yorkshire Legal — Corporate and Commercial Award. Walker Morris is one of three firms shortlisted for the award in recognition of the team’s achievement in corporate finance and commitment to clients over the last 12 months. Winners will be announced at an awards ceremony, scheduled to be held […]

drax

HSF client Drax loses £1.3bn Government subsidy case

Herbert Smith Freehills (HSF) client Drax has been defeated in the Court of Appeal over £1.3bn in Government renewable energy subsidies. Partner Nusrat Zar represented the power giant in its row over the Government’s decision to withdraw subsidies for the energy giant’s conversion from coal-power units into biomass-fuelled generators last year. The firm secured a […]

DLA Piper advises Aviva on Stoke-on-Trent extra-care PFI scheme

DLA Piper has advised Aviva on its funding of the Stoke-on-Trent extra-care PFI scheme, which has reached financial close. The £75m capital value project-financed care infrastructure scheme is set to deliver 390 extra-care, sheltered accommodation apartments for the elderly in Stoke-on-Trent and is designed to enable tenants to live an independent life in a socially […]

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