Dechert has joined the ever-growing roster of firms advising on Morrisons’ takeover swoop, acting for GIC on its own bid for the supermarket giant. The US firm is advising the Singaporean sovereign wealth fund as it announced it has joined the consortium aiming to buy the British supermarket Morrisons. GIC is now part of the […]
Addleshaw Goddard and Simmons & Simmons have seen through the nationalisation of Sheffield Forgemasters, with the 215-year-old manufacturer acquired by the Ministry of Defence (MoD) for £2.6m. The deal guarantees the struggling manufacturer’s future and the products it makes for key defence programmes including Trident submarines. The Leeds-based Addleshaws team acting for Sheffield Forgemasters were […]
Bridgepoint has appointed a new general counsel from within its own ranks after its London listing. Rachel Thompson, who has been at the private equity house since 2009, succeeds longstanding GC Charlie Barter. Before joining Bridgepoint, she practised as an associate at Clifford Chance. Barter, who is now listed as a partner at Bridgepoint, had […]
Ashurst has appointed a new UK head of corporate as former head Karen Davies prepares to take over as chair. Corporate partner Nick Williamson, who focuses on the energy and natural resources sectors, takes on the role from Davies. Meanwhile the global group will now be headed by two partners; Madrid office managing partner Jorge […]
Morrison & Foerster (MoFo) is one of the firms to have won a role on the financing aspects of Morrisons’ takeover swoop, as the supermarket giant’s negotiations with bidders continue. Linklaters is also understood to be advising HSBC and RBC Capital Markets, which are underwriting Fortress’s £9.5bn bid to take the UK supermarket chain private. […]
Gone are the days of the star M&A partners, as firms strive to eliminate favouritism and promote talent. A rundown of the top UK deals this year – and the teams leading them – suggests their strategy may be working.
A number of success stories come to light in the public M&A rankings for Q1, with firms that have been busy investing being rewarded for their labours. But the magic circle are mysteriously absent, for now. The first few months of 2021 have seen over 8,900 transactions preliminarily agreed globally, according to Refinitiv data, the […]
A data dive of the most active stock market advisers since 2005 shows it’s HSF, not the US firms, that are the dark horses of the FTSE.
New security laws and a US-China trade war mean Western players will have to change the way their do business to compete with the PRC heavyweights
Four joined, now two remain. Gibson Dunn & Crutcher stated boldly its UK corporate intentions in 2014 with the hire of an Ashurst corporate quartet, but just half of the group remain as partners. What next?
The value of UK-related deals tumbled over 2019, though there are signs that 2020 may be different. The question is, which firms can hold their nerve over the next 12 months? On last year’s showing, there are some good signs for UK outfits in particular.
Considering the volatile year that the corporate world went through in 2019, and the number of companies, mostly retailers, that have been placed into administration or filed for insolvency in the UK alone, it was refreshing to see that a number of firms contacted for The Lawyer’s Global Corporate 50 report had a positive outlook […]
The collapse of Thomas Cook last month took the 175-year-old holiday group away from two law firms that had been its loyal advisers for more than a decade; it is a road that has seen plenty of twists and turns. Slaughters’ relationship with the company goes back to at least 2007, when William Underhill, one […]
There are few industries that are on the brink of a technological revolution as life sciences and health care. The possibilities that AI, nano-implants and new wearable software present are still only imaginable in futuristic TV programmes. Nevertheless, the tech revolution is already happening, and even if it doesn’t fall under the radar for the […]
A special purpose acquisition company (“SPAC”) is a public company which raises funds via its listing, typically in order to acquire an existing business. They are by no means new, but as is well documented, have been enjoying a huge resurgence. In the US, SPAC Insider reported $36.2 billion raised in gross proceeds during 2020 […]
As part of our ‘Future Cities’ campaign, Shoosmiths is holding a series of virtual ‘think tank’ discussions with prominent local stakeholders in different locations across the UK to share insights and ideas around what the future holds for these locations.
Combating the corona virus places massive restrictions on all of us. Numerous problems can also arise in contractual relationships as a result of the corona crisis.
Summary of potential coronavirus measures that employers can take: Information current as of: 23.03.2020 Home office / telework Employees who telework are normally “on duty”, they are simply working from home. Hence there is neither a reduction of working time nor any compensation or subsidy by the Austrian state. This measure is applicable to white-collar […]
New research highlights strategies to boost marketing’s profile and accelerate business success Effective marketers should communicate with personality and personalization. Generate and grow valuable leads for sales teams. Meanwhile, clearly prove ROI of their content and demonstrate direct business value. Sound familiar – and stress inducing? You’re not alone. 94% of B2B firms, according to […]
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 […]
By James Webb Despite 2018 being a very tough year for many in the food and drink industry, according to research compiled by Grant Thornton, M&A and private equity deal activity in the sector remained steady with a fall of just 2.8% compared to 2017. This is supported by our experience during the period where […]
By Mark Josselyn Earlier this year the Human Rights Tribunal of Ontario (“HRTO”) found that a corporate respondent was liable for the violations of the Ontario Human Rights Code perpetrated upon the applicant by the personal respondent in the course of his employment, relying upon the analysis of the Supreme Court of Canada in Robichaud v. […]
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…
By Daniel Wood The Supreme Court has handed down judgment in the high-profile case of MT Højgaard v E.ON Climate & Renewables. The Supreme Court has overturned the Court of Appeal’s decision and – in so doing – has provided useful clarification in respect of various important principles… …In this decision, the Supreme Court was willing […]
Debtors do not have to inform invoice financiers of agreed rebates according to a recent case in the Court of Appeal which upheld an earlier High Court decision. Funders will be expected to make their own enquiries; should they fail to do so, it is at their own peril. The case involved a claim by the financier (Bibby […]
