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Latest Briefings

New amendments to CIRP regulations – Relief for bidders and dissenting financial creditors

The Insolvency and Bankruptcy Board of India (IBBI) amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the fourth time in 2018 on 5 October 2018 through the IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018 (Amendment Regulations). The Amendment Regulations have come into force on 5 […]

Risks for liability insurers and their insureds: #MeToo

By Susie Wakefield, Antonia Blackwell One year on from #MeToo, Bloomberg estimates at least 425 prominent people across industries had been publicly accused of sexual misconduct. These headlines have brought the issue of how employers tackle sexual harassment in the workplace into the spotlight. In addition to dealing with any allegations of sexual harassment, organisations will […]

Zero-hours contracts – Common pitfalls for employers

By Jo Tunnicliff “Zero-hours contracts can be a positive part of work-life balance if they offer genuine two-way flexibility,” says Matthew Taylor, the government’s lead reviewer of modern working practices. As our previous article set out, the Taylor Review made recommendations designed to improve the working conditions of individuals working in the gig economy, including zero-hours […]

The international capital markets review

By José Pedro Fazenda Martins, Orlando Vogler Guiné The Portuguese economy has been recovering strongly since the end of the financial crisis and the successful conclusion of the Financial Assistance Programme, benefiting from healthy dynamics in the tourism sector and improved investment in various other sectors. The improving of leading indicators, the expansion of industrial production, […]

Key implications of Brexit January 2019

By Trudy Feaster-Gee The article provides a practical guide to some of the implications that UK businesses currently face, given the rejection by Parliament on 15 January 2019 of the Withdrawal Agreement, of a no-deal Brexit

Recommended

Financing

Ian Clark of White & Case advised petroleum products distributor Dor Energy on its £50m offering on the Tel Aviv and London Stock Exchanges. Ashurst Morris Crisp advised lead underwriter BT Alex Brown. Israeli firms Goldfarb

Cleared ex-B&C director slams Treasury Solicitors and DTI

The Treasury Solicitor’s department has come under fire for its handling of disqualification proceedings it brought against John Gunn, the former chairman of collapsed company British & Commonwealth (B&C). Gunn was last month cleared in court of any wrongdoing and is now seeking hundreds of thousands of pounds of costs from the Department of Trade […]

Flotation

John Ellard of Linklaters advised Coca-Cola Beverages (CCB) on its £1.7bn flotation on the London Stock Exchange. Richard Cranfield of Allen & Overy advised sponsor Warburg Dillon Read. Ashurst Morris Crisp advised the directors of CCB and Slaughter and May advised San Miguel.

Property

Simon Cookson of Ashurst Morris Crisp advised NatWest on the £226m sale of the International Financial Centre, formerly the NatWest tower, to a partnership of three firms: Greycoat, advised by David Paterson of Herbert Smith; Mercury Asset Management, advised by Nabarro Nathanson; and Hermes, advised by Maxwell Batley.

City assistants beat inflation

ASSISTANT solicitors in the City are enjoying average pay increases of four times the rate of inflation, according to a survey conducted by recruiters Michael Page Legal, in conjunction with The Lawyer. The survey, of the top 200 firms in the UK, shows that solicitors are taking advantage of a seller’s market to receive average […]

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