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Latest Briefings

Merger control: Guidance paper on new transaction value thresholds in Austria and Germany

In the second half of 2017 both Austria and Germany introduced transaction value based thresholds as alternatives to purely turnover based thresholds that trigger the obligation to obtain merger control approval. The Austrian test pursuant to section 9 (4) Austrian Cartel Act (“ACA”) requires, amongst others, the consideration for a transaction to exceed EUR 200 […]

Danube port legislation: building a bridge across various jurisdictions

The Danube is the longest river in Central Europe, and thus has significant economic potential. However, the full potential of the Danube as a major transport route has not yet been exploited. A reason for this is the fact that the Danube crosses ten countries, and there are, as a result, ten different applicable port […]

Social Housing Monthly Law Update – July 2018

By David Isaacson TLT’s monthly law update on all things affecting social housing Highlights this month include: The EU (Withdrawal) Bill receives Royal Assent Chair appointed to lead independent review into planning appeal inquiries Registered Social Landlords Bill gains Royal Assent Government announces it will fully fund unsafe cladding removal in social housing New powers […]

Industrial strategy: government proposals to use IP to stimulate innovation

By Jo Pritchard The government has recently published the outcome of its consultation on maximising the incentives of the IP (intellectual property) system to stimulate collaborative innovation and licensing opportunities. The call for views was one of a number of initiatives on IP announced by the government as part of its Industrial Strategy in November 2017.   Views […]

Express duty of good faith: rescuing drafting deficiencies

By Susan Honeyands The High Court has recently held that an obligation to act in good faith was breached when a company managing referrals to physiotherapy clinics used the other party’s information to set up a rival business. The case is interesting because the express good faith clause rescued other drafting deficiencies, in particular, the […]

Recommended

Torys hires operating officer

Canada-based Torys is taking on a chief operating officer to free up its managing partner to concentrate on client consultation. Alan Pearson is joining from the Deloitte & Touche partnership in Toronto in a role aimed at broadening the management structure to increase coordination between the New York and Toronto offices. A year ago the […]

New media partners for Akin Gump

Steve Fayne and John Burke boast an impressive client list including the Bank of America and Chase Manhattan Bank. In recent years the pair have branched out and now advise producers, distributors and studios on financing. The move comes just days after Akin Gump announced the labour lawyer, Howard Fabrick – poached from Proskauer Rose […]

Clifford Chance agrees Luxembourg merger

Partners at both firms voted overwhelmingly for the union which has won approval from the Luxembourg Bar Association and will take place from 1 January 2000. The marriage to Faltz & Kremer, the country’s sixth largest firm with 20 lawyers, gives Clifford Chance a foothold in Luxembourg’s lucrative banking market. The new firm will be […]

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Jonathan Sumption QC

He might be known as the “Brains of Britain”, but heavyweight commercial silk Jonathan Sumption QC was lucky to get to the bar at all. Both of the chambers that had provided him with pupillage – 20 Essex Street (at the time 3 Essex Street) and Gordon Pollock QC’s magic circle set Essex Court (at […]

Coats viyella

Manchester firm Chaffe Street picked up work on the management buy-out (MBO) of Coats Viyella’s contract clothing division through a referral from Eversheds, which acted for the company itself. The transaction was subject to a number of twists and turns. It was initially determined that the deal would be a straight acquisition due to the […]

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