E.ON pulls out of Endesa saga

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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KKR retreats from Sainsbury’s deal

US private equity house Kohlberg Kravis Roberts (KKR) has pulled out of the CVC-led consortium that is mulling an £9.5bn offer for J Sainsbury, the UK’s third-largest supermarket. The Clifford Chance-advised consortium now comprises Blackstone and Texas Pacific Group, as well as longstanding Clifford Chance client CVC. The three private equity houses now have until […]

Ignorant lawyers could fall foul of CPR changes

Concerns have been raised that lawyers will fall foul of the Civil Procedure Rules (CPR) due to their ignorance of the major changes coming into force at the end of this week. From this Friday (6 April) the overhaul of Part 36 of the CPR will mean that payments to court will be abolished and […]

No5 welcomes back former chief

•Former head of No5 Chambers Harry Wolton QC is set to return to the Birmingham-based set. Wolton, who headed No5 in the 1980s, leaves London-based set 2-3 Grays Inn Square after 13 years to return to his roots. The return of Wolton, who was the first-ever planning silk in Birmingham, continues No5’sexpansion of its planning […]

Racine alliance creates Belgian base

French firm Racine has signed an exclusive alliance agreement with Belgian firm Vergels to create a new firm called Racine & Vergels. Racine will keep its name in France but Vergels will adopt the new name in Belgium. The move came after Racine swallowed up six-lawyer M&A boutique Boisséson & Associés last month. The firm […]

Hammonds continues management overhaul

Hammonds has replaced two members of its central partnership board. Madrid office chief Francisco Guijarro and Paris-based corporate partner Christopher Wilde replace Hammonds’ Germany chief Frank Walter-von Gierke and Brussels office head Konstantinos Adamantopoulos respectively. The handover takes place at the expiry of the incumbents’ two-year terms on 1 May and follows an election staged […]

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