Flotations & Financing

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Latest Briefings

Tax ruling by Luxembourg to McDonald’s Europe franchising did not involve illegal state aid- European Commission

On 19 September 2018, the European Commission concluded that a tax ruling granted by Luxembourg to McDonald’s Europe Franchising did not constitute illegal State aid. The Commission acknowledged that Luxembourg had correctly applied the Luxembourg-United States tax treaty. While this decision concerns an individual case, it suggests that State aid rules are not an appropriate […]

Energy tax matters – Prinsjesdag 2018

The Budget Day Package 2018 contains a separate bill (‘Fiscal greening measures 2019’) with measures to reduce CO2 emissions. The proposal includes, among other things, the following changes in energy tax: Promoting electrification: shifting energy load from natural gas to electricity. The tariff in the first disc for natural gas is increased by EUR 3ct / m2, […]

UK real estate and competition law – An insight

By Samuel R Beighton On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA”) announced that Heathrow airport (“Heathrow”) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease. Importantly, this case marks the first occasion that the CMA […]

Pre-purchase inspection is not a warranty

By Sandra Lando, Julie Djiezion For several years, there have been calls by some associations, including the Québec Association of Building Inspectors, for oversight of the work done by pre-purchase inspectors. On June 12, 2018, they resulted in the introduction of the Act mainly to improve the quality of buildings, the regulation of divided co‑ownership and the […]

Introduction of remediation agreement in Canada

By Glen Jennings, Matthew Doak The time has now arrived. A mechanism is finally in place in Canada that will allow for a better process to resolve criminal offences for corporations. In response to a consultation that ended in November 2017, the federal government introduced legislation amending the Criminal Code to allow for remediation agreements (better known as […]

Recommended

Schilling & Lom takes on ex-Virgin Interactive chief

VIRGIN Interactive Entertainment’s former head of legal and business affairs Pam Dalton is joining London firm Schilling & Lom and partners to set up an interactive media department. Schilling & Lom, which specialises in litigation and contracts for a celebrity clientele, hired Dalton as a full-time consultant with a view to becoming a partner. Dalton […]

Flotation

Lovell White Durrant advised JP Morgan Securities and Banque Nationale de Paris on their involvement in Laurent-Perrier obtaining a listing on the Second Marche of the Paris Stock Exchange. Paris-based capital market partners Philip Boys and Sharon Lewis advised both parties on the equity transaction which involved a private placement in the US and an […]

Property

Cameron McKenna has acted for four funds, represented by Argyll Property Asset Managers, in their sale of 620 public houses to Pubmaster. The sale for a consideration is in the region of £115m. Property partner Roger Martin led the Camerons team while Andrew Hill, senior staff solicitor in property at Theodore Goddard advised the sellers […]

Partners on the move…

Caroline Pearce joined the corporate finance department of Barlow Lyde & Gilbert on 5 July as corporate practice director. Pearce joins the firm from Pinsent Curtis where she was a corporate finance partner. Australian law firm Minter Ellison recently announced the appointment of 20 new partners. The Sydney office will receive nine of the new […]

Hamburg court to ship work away from City

The newly-established international maritime tribunal has settled its first case – amid claims UK shipping law firms are missing out on a potentially huge chunk of business. The International Tribunal for the Law of the Sea was set up under a UN treaty in Hamburg after the German government pledged millions to invest in its […]

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