White & Case targets US growth by 2020 with Chicago launch

White & Case is making good on its promise to expand in the US, launching its second new office in the country this year. The firm is to open its doors in Chicago hiring Greenberg Traurig private equity partner Gary Silverman and former White & Case white collar associate Carolyn Gurland, who has been working […]


Freshfields and Weil lead as European payments rivals join forces

Nearly a year after advising on Hellman & Friedman’s takeover of Nets, Freshfields Bruckhaus Deringer has strengthened its relationship with the private equity house by acting on a further deal for its payments portfolio company. The deal sees Nordic payments company Nets agree a tie-up with Concardis Payment Group, a rival provider in the German-speaking […]

City duo lead on £1bn sale of UBS headquarters

Clifford Chance and Herbert Smith Freehills (HSF) have led on the sale of UBS’ UK headquarters in the latest billion-pound sale of prime real estate in the City. The magic circle firm advised a subsidiary of Hong Kong-based CK Asset on the £1bn purchase of 5 Broadgate from British Land and GIC. The building was […]


Clifford Chance leads on bumper fintech listing for PayPal rival

Clifford Chance has advised on one of the largest IPOs in Continental Europe this year, tapping into a trend of tech companies pursuing public listings. The magic circle firm won the mandate from Dutch fintech company Adyen, which hosts payment platforms for companies such as eBay, Uber and Netflix. Adyen turned to magic circle partner […]

moves, lateral hires and exits

Eversheds Manchester private equity head exits for DLA

Eversheds Sutherland North West private equity head Andy Phillips has exited after a year in the role to join DLA Piper. Phillips, who joined Eversheds to lead the firm’s Manchester corporate practice from early 2017, joined from Pinsent Masons, where he was a partner for a year. Prior to that, he was a senior associate […]


Featured briefings

Global skills strategy update GTS occupations list

By Lesley A Love The Global Skills Strategy is a pilot project launched by IRCC in June 2017. The program is designed to give Canadian employers quicker access to highly qualified global talent. Changes were recently announced to one part of the GSS, as outlined below. Employers using the program should be aware of these changes…

Poland: Recent competition developments in merger control field

Merger control is one of the Polish Office for Competition and Consumer Protection’s (OCCP’s) main areas of activity, as it deals with 170 to 220 filings annually. Recent notable developments in this regard include: a case concerning the Nord Stream 2 project; and the unconditional approval of Cyfrowy Polsat’s takeover of Netia…

Guernsey Court of Appeal provides avenue of escape to tax advisors and trustees

The long-awaited judgment of the Guernsey Court of Appeal in M v St Annes Trustees has now been handed down. On appeal, neither party challenged the decision of the Royal Court that Guernsey law should follow Pitt v Holt; rather they focused on arguing that there was a breach of fiduciary duty and that the […]

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

Austria: The time has come – Federal Procurement Act 2018 just around the corner

More than four years after the entry into force of the new EU Public Procurement Directive (2014/24/EU), more than two years after the deadline for transposition and more than one year after publication of the first transposition draft, the time has come. Following the respective resolutions of the Council of Ministers and the Federal Council […]

GDPR – What does it mean for M&A due diligence?

By Alison Johnson In this insight, we look at the GDPR from a slightly different perspective.  What does it mean for those in the M&A world involved with due diligence – sellers, prospective buyers, bidders, investors and their professional advisers?  Will it change the way in which we share large volumes of data?

Video: Country risk analysis for investment decisions and corporate strategy

As part of Gowling WLG’s Special Projects Series, Paul Murphy, managing director of Gowling WLG’s Energy Group, sat down with Michael Samis, associate partner at Ernst & Young, and John Seddon, principal at Canada Control Risks, for a discussion on country risk analysis for investment decisions and corporate strategy…

Current position on good faith – the basics

Unlike in many civil law systems, there is no general doctrine of good faith in English contract law. Parties can expressly agree to act in good faith, and there are certain categories of contracts, such as insurance, employment and partnership contracts and those governing other fiduciary relationships, in which such a duty will be implied. […]

Acquisition finance in Portugal – Getting the deal through

Q: What territory’s law typically governs the transaction agreements? Will courts in your jurisdiction recognise a choice of foreign law or a judgment from a foreign jurisdiction? A: In general, Portuguese law is retained, certainly in all cases to govern the relevant security packages and any subordination aspects that may be associated with the relevant […]

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