Hogan posts revenue rise after buyout offer

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Latest Briefings

EU: Your web doctor will see you now – software as a medical device

Patients nowadays have access to an enormous range of medical knowledge through social media, websites and health apps (in combination with wearables). The latter have become increasingly popular in recent years because of their ability to monitor in real time pulse, blood pressure, blood glucose levels and other parameters. Doctors are also intrigued by the […]

Supreme Court upholds ‘no oral variation’ clause

By Emma Davies The Supreme Court’s recent decision in Rock Advertising Ltd v MWB Business Exchange Centres Ltd [2018] UKSC 24 upheld the validity of a clause that limited the parties’ freedom to vary their contract orally. In reversing the Court of Appeal’s decision to find the ‘no oral variation’ or ‘no oral modification (NOM)’ clause binding, […]

Russia’s enduring love for fake luxury and legal action to take

By David Aylen and Elizaveta Osipchuk When reputable social media platforms are involved, rights holders should contact the social media company first and ask it to remove the account. Fortunately, such companies usually collaborate with brand owners as much as possible and take swift measures to block infringing content (usually within three to five days). However, […]

SmartLaw 2.0: expert insights for the future of law

A few years ago we offered SmartLaw: expert insights for the future of law. As expected, the legal industry has continued to evolve and so must SmartLaw in order to equip firms for the future. We still believe the original SmartLaw key concepts of clients, culture and technology are essential to successful firms, but we now must […]

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US elite line up for Citi stock deal

A trio of US firms has snared lead roles advising on Citigroup’s recapitalisation. Davis Polk & Wardwell is lead counsel to the bank with partners George Bason, Louis Goldberg and Michael Davis leading a team. The firm dealt with negotiations with the US government while Cleary Gottlieb Steen & Hamilton advised Citi on the public […]

1

Magic circle corners market as businesses turn to rights issues

As the economy worsens, companies are looking to squeeze shareholders for extra capital. A glut of rights issues are anticipated over the coming months, as cash-strapped companies turn to their shareholders to raise extra capital. Relatively rare during a boom period, share issues are a vital source of money when the credit markets dry up. […]

Ashurst scores lead role on William Hill refinancing

Ashurst scores lead role on William Hill refinancing” />Ashurst has secured a key instruction from William Hill over its plan to raise £1.2bn via a rights issue and debt facility with Skadden Arps Slate Meagher & Flom and Allen & Overy advising the banks. Ashurst corporate partner Anthony Clare advised the gambling group, while Skadden […]

Redemptions on song?

Recent Cayman, Bermudian and BVI court decisions have given practitioners a heads-up on fund redemption legislation. With the hedge fund industry severely impacted by recent events, many offshore funds have been left facing serious liquidity issues and substantial redemption requests they cannot meet. In order to trade out of difficulty or preserve assets for the […]

2

CC, links take lead on Rio-Chinalco deal

Clifford Chance and ­Linklaters have taken lead roles on the Chinese government’s $19.5bn (£13.66bn) ­proposed cash injection into mining group Rio Tinto. Rio Tinto, advised by Linklaters, raised the money by selling stakes in its mines and issuing convertible bonds to state-owned Chinese group Chinalco. When the bonds are converted into shares, Chinalco, represented by […]

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