Linklaters and Eversheds Sutherland have won the key advisory mandates on Next’s deal to resurrect Victoria’s Secret UK. Under the newly-formed joint venture Next will acquire a 51 per cent in the lingerie brand, ensuring that it will continue to have a high street presence. Eversheds has taken the lead for Next, led by co-chair […]
Morrison & Foerster and Latham & Watkins have won the top advisory mandates as technology company ARM is sold for the second time in just over four years. ARM Holdings, a former FTSE 100 member, has been sold by Softbank to US company NVIDIA in a transaction valued at $40bn. It comes four years after […]
Baker Botts has brought in Gibson Dunn & Crutcher partner Nigel Stacey to its corporate team, as it seeks to expand its M&A practice in the City. Stacey was one of several corporate partners to defect from Ashurst to Gibson Dunn in 2014, coming just after Jonathan Earle, and ahead of Charlie Geffen and Mark […]
Three firms fielded teams of lawyers on a deal that saw Bain Capital Credit agree a strategic partnership deal with insurance investor Beat Capital Partners. Kirkland & Ellis won the mandate from Bain’s credit arm, with a team led by transactional partners Rajab Abbassi and Aprajita Dhundia, as well as insurance regulatory partner Parimah Hassouri and […]
Gowling WLG steered AstraZeneca through another significant deal last week, taking the lead for the pharmaceutical powerhouse on its $6bn cancer drug collaboration agreement with Daiichi Sankyo Company. As part of the agreement, AstraZeneca and Japan’s Daiichi will jointly develop and bring to market a cancer therapy drug in early clinical tests called DS-1062, a […]
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 […]
Acting for UK corporates is the biggest challenge for US outfits in the City, but for the meantime, they’re not breaking out of their lucrative PE bubble. This is in spite of firms such as White & Case and Latham & Watkins going out into the market and hiring big-name magic circle stars from public […]
Following a swift exit from Goodwin at the tail-end of last year, the pair have returned to their old stomping ground; acting for management in PE deals.
There’s a shift occurring in the corporate teams of the UK’s most prominent public M&A shops. And for once, it’s got nothing to do with the US firms. Slaughter and May is to lose its golden boys of M&A – William Underhill and Nigel Boardman – at the end of this financial year, while it […]
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 […]
