Herbert Smith Appoints New Paris Partner

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Latest Briefings

Reform of the Community Infrastructure Levy

By Katherine Evans In March we reported on the government’s consultation on the reform of the current system of developer contributions. The government’s response to the consultation, released at the end of October, confirms that change is on the horizon. The key themes of the consultation were centred around a desire to make the system simpler and more […]

Court of Appeal rules on ATM rates

By Şenay Nihat Since 2013, retailers have had to pay non-domestic rates (‘Business Rates’) for automated teller machines (ATMs) built into the front of stores, rather than treating the ATMs as part of the store’s overall rating for valuation purposes. The Business Rates bill for the ATM was backdated to 2010, hitting retailers with significant […]

Proposed ban on flammable cladding – An update

By Adrian Mansbridge Following Dame Hackitt’s Review of the Building Regulations and Fire Safety the government announced that it would consult on banning flammable cladding. The consultation closed on 14 August 2018 and the housing secretary announced at the Conservative Party Conference that the ban would be brought forward.

Minister of Health, Welfare and Sport improves contracting process for healthcare

By Frank John Vrolijk, Aurélie Mingels On 9 November 2018, the Minister of Health, Welfare and Sport (VWS) informed the House of Representatives about the developments regarding the contracting process for care provision. The minister expresses his displeasure at the growth in the supply of non-contracted care in GGZ care and district nursing where this is […]

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St John's streams set's contributions

St John’s Chambers in Bristol has drawn up new financial arrangements for its criminal and civil divisions. To help cut costs, the criminal barristers have been moved to another building and will hot-desk to save on office space. In return, the 52-tenant set has agreed that those on the criminal side will pay less towards […]

Linklaters' Madrid office takes on Garrigues & Andersen partner duo

Linklaters & Alliance’s Madrid office is taking on two partners from Spain’s largest law firm Garrigues & Andersen, in a move believed to be the first of its kind. Alvaro Sainz, a leading M&A and corporate specialist with a strong domestic and international client following, will join corporate partners Antonio Sanchez-Pedreno and Miles Curley to […]

Real Estate and Projects

Wurttembergische Hypothekenbank funds Irish acquisition of Garrard House, London EC2, from Legal & General. The funder advised by Allen & Overy (Carol Hopper and Simon Roberts). Individual Irish investors advised by Gouldens (David Smith and Tom Budd). Legal & General represented by Berwin Leighton.

Prestige Acquisitions

Prestige Acquisitions makes £507m recommended bid for Powell Duffryn. Prestige advised by Allen & Overy, financial adviser Deutsche Bank represented by Norton Rose (Laurence Levy, Andrew Bamber). Financing was also provided by Nikko Principal Investments. Powell Duffryn represented by Slaughter and May.

Deal of the week – DaimlerChrysler

This is the seventh deal that Northampton firm Howes Percival has acted on for DaimlerChrysler’s UK subsidiary during the past two years, and this particular transaction was completed in less than a fortnight. Time was of the essence in this case because the deal had to be closed before 300 Lex Autosales employees were made […]

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