Drinker and Gardner add to US mid-market merger roster

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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US partner promotions favour home offices

Paul Hastings Janofsky & Walker has promoted 16 associates to partner, with the bulk of the newly-elected lawyers based in the firm’s US offices. Meanwhile technology specialists Wilson Sonsini Goodrich & Rosati has added 13 to its partnership, with the promotions coming across its offices in the US. Of the 16 Paul Hastings promotions, just […]

Casino Royale: The name’s Lyons, Davenport Lyons

Davenport Lyons has advised on the film financing for Casino Royale, the latest James Bond film. Davenport’s film finance team, led by partner Sam Tatton-Brown, advised Alliance & Leicester Commercial Banking on the multi-million pound deal to support the film. The team advised Alliance & Leicester on the Letter of Credit to support Invicta Capital, […]

DLA Piper boosts Tokyo, HK with raids on US, Aussie firms

DLA Piper has boosted its Asia offering by hiring two new partners for its Tokyo and Hong Kong offices. Corporate finance specialist Koji Ishikawa joins DLA Piper’s Tokyo office from US firm O’Melveny & Myers as a partner, while cross-border IPO and M&A specialist Esther Leung joins the firm’s Hong Kong office as a partner […]

The north east

Watson Burton has dominated the North East’s legal news in recent weeks. In September trailblazing senior partner Andrew Hoyle was ousted in a coup by the partnership, while just a week later further controversy followed when it emerged that Hoyle’s successor Rob Langley, as well as Hoyle and six other partners, had been investigated by […]

Private equity funds face FSA scrutiny

City lawyers have welcomed the Financial Services Authority’s (FSA) first discussion paper into private equity, which announced that the 14 largest UK-based funds would face increased scrutiny given that a future default of a private equity-backed company was “inevitable”. Excessive leverage available to borrowers, potential for conflicts of interest because of the many tranches of […]

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