Deals round-up

Freshfields Bruckhaus Deringer, led by corporate partner Gareth Stephenson, has advised Westbury on its takeover by Persimmon for £650m. The acquisition will strengthen Persimmon’s position as one of the UK’s leading housebuilders. Persimmon was advised by Mayer Brown Rowe & Maw.

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

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Slaughters picked by Brambles

Slaughter and May has scooped an instruction over Freshfields Bruckhaus Deringer to advise Australian logistics operator Brambles Industries on its plan to quit the London Stock Exchange and release at least A$2.8bn (£1.2bn) to shareholders through share buybacks. Brambles is a regular client of Freshfields, but Slaughters won the lead UK advisory role after the dual-listed […]

A&O suffers further loss as finance star joins Skadden

Skadden” />Allen & Overy (A&O) has suffered its seventh partner resignation this year as finance partner Clive Wells quits for Skadden Arps Slate Meagher & Flom. As first revealed on www.thelawyer.com (2 December), Wells handed in his notice on 1 December. He had been at the magic circle firm for three years, having joined A&O […]

Equitable settles; A&O, Simmons get costs

Equitable Life has settled its outstanding litigation against nine former directors, with Allen & Overy (A&O) and Simmons & Simmons recovering costs from the insurance firm, The Lawyer can reveal. The agreement was reached this morning and brings to an end an extraordinary saga of litigation lasting four years. A&O and Simmons were both acting […]

Simmons extends life of split capital investments

Simmons & Simmons has brought a new level of innovation into the organisation of split capital investment trusts with a new type of reconstruction. The firm advised longstanding client Jupiter on a ‘continuation’ reconstruction of its split capital investment trust Jupiter Dividend & Growth Trust, eschewing the more typical ‘rollover’ type of reorganisation. Split capital […]

International eye: Europe

Matt Byrne on the month in Belgium, the Netherlands and Luxembourg: Nauta Dutilh and De Brauw to consolidate in the Netherlands; Garrigues, Taylor Wessing and DLA Piper ramp up in Brussels ; Nabarros overhauls its European best friends network ; European Commission gives warning on entrance restrictions

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