Freshfields injuncted on M&S bid

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Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Freshfields off Green bid as injunction is upheld

Marks & Spencer’s injunction against Freshfields Bruckhaus Deringer has been upheld, after the firm was refused leave to appeal. In an astonishing move, the two judges, Lord Justice Pill and Lord Justice Kay, both agreed that the firm, acting for Philip Green on a bid for the retailer, could not appeal the injunction that was […]

Report blames media for compensation culture

The Better Regulation Task Force criticised stories suggesting that the UK is in the grip of a “compensation culture” in a report published last week. ‘Better Routes to Redress’ looks at the perception and management of personal injury claims. It concluded that media reports and claims management companies are encouraging people to make unreasonable claims […]

Microsoft UK raids Apple to complete EMEA restructure

Apple Computers has lost its senior UK lawyer to arch rival Microsoft UK, as Chris Parker joins the IT giant as law and corporate affairs director. Parker’s appointment fills a gap that has been vacant for some time following a shake-up of Microsoft’s corporate structure. Late last year, Yvonne McLean left the company for personal […]

Green picks Freshfields for M&S bid

Freshfields Bruckhaus Deringer corporate partner Barry O’Brien has scooped the City’s hottest deal with a mandate to act for retail entrepreneur Philip Green on his £8bn-plus bid for Marks & Spencer (M&S), displacing usual adviser Allen & Overy. Shadowing O’Brien’s team is his former partner Tim Emmerson, now at Milbank Tweed Hadley & McCloy. Emmerson […]

BNP legal head makes second departure for private practice

The former head of legal at BNP Paribas in Switzerland has left the investment bank for a second time to return to private practice, after moving to Pestalozzi Lachenal Patry. Gilles Thieffry, a former member of the executive board in the Swiss office of BNP Paribas will join Pestalozzi’s Geneva office today (1 June) as […]

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