CC and Freshfields scoop HSBC HQ sale

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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

Recommended

A&O associates receive salary hike to rival CC’s

Allen & Overy (A&O) has made a token increase to its associate base salaries, raising them in line with the market rate set by rival Clifford Chance two weeks ago. The magic circle firm has not publicly released the improved salaries, but it is understood that newly-qualifieds’ pay now stands at £64,900, compared with Clifford […]

Slaughters plays catch-up with new associate salaries

Slaughter and May has finally announced a pay hike for its associates, coming in just behind the majority of the magic circle. The long-anticipated announcement, the firm’s second in six months, sees Slaughters gift its newly qualified associates (NQs) a 5.8 per cent rise, taking base salary to £63,500 from where it stood at £60,000. […]

Freshfields wins back Astrazeneca’s UK work

Freshfields Bruckhaus Deringer has reinstated itself as AstraZeneca’s main UK firm for big M&A deals, scooping a key role on the company’s $15.6bn (£7.78bn) purchase of MedImmune. Freshfields held off a chasing pack of City heavyweights, including Herbert Smith and Linklaters, which all have links with AstraZeneca. There is intense competition for AstraZeneca’s corporate work […]

Howrey raids boutique for arbitration push

Howrey has bolstered its Paris office with the hire of arbitration star Jean de Hauteclocque, one of the founders of dispute resolution boutique Hauteclocque-Larroumet-Tessler. De Hauteclocque’s practice focuses on arbitration in insolvency and bankruptcy proceedings in Europe and Latin America. At Howrey he will coordinate his work with London arbitration head Melanie Willems. Willems said: […]

Private equity: Loss of interest

The Government wants to stop private equity funds claiming tax breaks on the interest of shareholder debt, but kid gloves are required. By Rupert Shires and David White In March Ed Balls, the Economic Secretary to the Treasury, announced a government review of the appropriateness of the current taxation regime for private equity funds and […]

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