CC and Freshfields scoop HSBC HQ sale

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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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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