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A competition-focused boutique launched by a former Covington & Burling partner will establish a third office in the new year, adding Amsterdam to its existing sites in Brussels and London. Geradin Partners, the firm launched by Damien Geradin who spent five years as a partner at Covington between 2010 and 2015, has hit Dutch firm […]
Freshfields Bruckhaus Deringer has hired a new City partner, hitting up the Competition and Markets Authority (CMA) for its latest recruit. Colin Raftery has spent more than seven years at the CMA and has recently spent the last five years as a senior director of mergers. He is also an alumnus of the magic circle […]
The head of Addleshaw Goddard’s competition practice has re-joined Linklaters, 16 years after leaving the magic circle firm. Bruce Kilpatrick left for Addleshaws in 2007 having been a managing associate at Linklaters from 1998. His imminent move back to the magic circle firm follows the departure of Simon Pritchard back in March to Latham & […]
The first ever settlement in an opt-out class action in the Competition Appeal Tribunal (CAT) has been reached, in a move that will be watched closely by the developing class action market. CSAV, the smallest of five defendant groups involved in the Car Delivery Charges Cartel Claim, has agreed to pay claimants £1.5m to settle […]
Leigh Day has today launched an opt-out class action in the Competition Appeal Tribunal (CAT) against Severn Trent Water, with litigators at firms including Herbert Smith Freehills primed to defend. The much-anticipated claim alleges that the Midlands and Wales water company has abused its market dominance by underreporting how often it sewage is spilled into […]
Cadwalader’s decision to close its Beijing and Hong Kong offices will provide short-term relief to the firm’s financial results, but it won’t solve the real problems the firm has in the US.
Slaughter and May Competition team of the year The award-winning Slaughter and May competition team won an advisory spot last year on a groundbreaking appeal in the electricity and gas sector. The firm advised Northern Powergrid as it lodged an appeal to the Competition and Markets Authority (CMA) against Ofgem’s decision to modify the […]
The complexities of sleeping on the job and the perils of loose talk are among the subjects tackled by this week’s experts.
This week’s top briefings writers from TheLawyer.com cover the regulatory and competition sectors, including how philanthropic fundraising through crowdfunding can clash with insurance claims, new UK public procurement rules, and Ukraine sanctions law.
A hi-tech sector on a roll, growing Chinese investor interest, rows over competition law and booming M&A – things are buzzing for Israel’s lawyers.
UK competition lawyers have a new regulator and new rules to follow when handling mergers. Is it ‘business as usual’ as the old OFT and CC promised? April 2014 marked the beginning of a new era for the UK’s competition lawyers. Partly due to the Government’s drastic programme of spending cuts, the UK scrapped its […]
Panellists at The Lawyer’s recent Romania briefing heard much to encourage them to get involved in the country When it comes to investing in Romania there’s no time like the present, according to panellists at The Lawyer’s recent Briefing Live event on the country, held in association with Popovici Nitu & Asociatii. The watchword was […]
Magic circle firm’s ACT dept refuses to play second fiddle to corporate. By Gavriel Hollander Freshfields Bruckhaus Deringer’s antitrust, competition and trade (ACT) team has, it is fair to say, stood head and shoulders above its UK rivals for some time. But with merger control not the lucrative stream it once was, this might be the […]
US-style class actions have been avoided… for the time being, says Kit Chellel
The CMA recently launched its much anticipated review as to how competition law should apply to many common types of commercial arrangements (including, among others, distribution agreements (including exclusive and selective distribution), agency and franchising). It will, of course, be relevant in the automotive sector, bearing in mind that dealer agreements now fall under the “general” competition law rules rather (with the Motor Vehicles Block Exemption being confined to aftermarkets).
The Commission for the Protection of Competition (CPC) fined retail chain Kaufland Bulgaria Lev343,417 (approximately €175,000) for abuse of a superior bargaining position. The fine was requested by alcohol producer Keti-94 Ltd – Plovdiv. The fine’s amount is 7% of Kaufland’s net revenues from the sale of the products subject to the violation for 2019. […]
By Bernardine Adkins, Sean Giles In 2018, new measures were introduced to expand the scope of government intervention in mergers. This year, the government’s briefing note accompanying the Queen’s Speech proposes new rules on investment screening. What does this mean for business? Our experts examine the existing UK foreign direct investment rules, and explain what any […]
Have you ever considered using fiduciary management services? Does your scheme have a fiduciary manager? Are you considering appointing or replacing a fiduciary manager? If so, you should already be considering the implications of the Competition and Markets Authority’s final report into the investment consultants market. The new requirements arise from concerns around the operation of the […]
European Competition Law Review provides an update of developments in EU law and the national laws of EU Member States, as well as the other major trading nations for the competition or antitrust lawyer. Issue 5 has contributions from Ana Keri and Piedade Castro e Sousa…
For decades, Germany has been one of the biggest foreign investors in the UK. While the British love to talk about their ‘special relationship’ with the United States, there is now every chance that, in a post-Brexit world, Germany will become the UK’s new priority…
…One of the main purposes of the new legislative framework is to implement Directive 2014/26/EU on collective management of copyright and related rights and multi-territorial licensing of rights in musical works for online use in the internal market. The amendment also responds to some practical issues in relation to the licensing of copyrighted works, and […]
On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law. The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; and (iii) certain adjustments to strengthen public enforcement of antitrust infringements…
A major plank of Trump’s candidacy was that of trade protection of US industry. Contrast that with the situation in the UK, where the current UK government continues to promote a free and open trade policy. It is not surprising, therefore, that little consideration in post-(hard) Brexit discussions has been given to the future of […]
Dieter A Hofmann and Oliver M Kunz Treaties Is your country party to any bilateral or multilateral treaties for the reciprocal recognition and enforcement of foreign judgments? What is the country’s approach to entering into these treaties and what if any amendments or reservations has your country made to such treaties? Switzerland is party to […]
