Goldman Sachs and Nordea issue two credit facilities worth euro1.2bn (£736.9) for Finnish company Sanoma in connection with the acquisition of the Consumer Information Group (CIG) from VNU.

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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EU ministers seek public opinion on single contract law regulation

A review of contract law has been launched by the EU with a view to introducing a single EU contract law regulation. The review, which is being carried out in the 15 member states, looks at existing contracts between national legal systems to see whether they obstruct the EU from functioning as a single internal […]

Abbey roadblock

Despite Slaughters’ concern that Lloyds TSB’s bid for Abbey National would be blocked by the Competition Commission, Clifford Chance encouraged its client to push ahead. Helen Power reports on the bank’s unexpected result Before last November, Lloyds TSB bank had been eyeing Abbey National for a few years without making any concerted effort to capture […]

Getting fixed up

Allen & Overy partner Ian Field and banking associate Jennifer Marshall consider the impact that the Privy Council’s decision will have on the future of book debt charges The Privy Council has held that it is no longer possible to have a fixed charge over book debts and a floating charge over the proceeds of […]

Bar Council to work on direct access recommendation from OFT's report

BarDirect restrictions are brought into question as bar considers an extension of clients’ direct access to barristers The Bar Council is willing to explore the recommendation in the Office of Fair Trading’s (OFT) report on competition in the professions to extend direct access.Although the bar’s consultation paper in response to the OFT’s report looks largely […]

Brobeck fights US corporate slump with unpaid leave

Voluntary breaks and part-time hours will save £1.4m; London office to follow suit San Francisco giant Brobeck Phleger & Harrison is offering all of its lawyers the chance to take unpaid leave, as it struggles with a lack of corporate work.The firm has told lawyers that they can either take sabbaticals of up to three […]

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