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Latest Briefings

Merger control: Guidance paper on new transaction value thresholds in Austria and Germany

In the second half of 2017 both Austria and Germany introduced transaction value based thresholds as alternatives to purely turnover based thresholds that trigger the obligation to obtain merger control approval. The Austrian test pursuant to section 9 (4) Austrian Cartel Act (“ACA”) requires, amongst others, the consideration for a transaction to exceed EUR 200 […]

Danube port legislation: building a bridge across various jurisdictions

The Danube is the longest river in Central Europe, and thus has significant economic potential. However, the full potential of the Danube as a major transport route has not yet been exploited. A reason for this is the fact that the Danube crosses ten countries, and there are, as a result, ten different applicable port […]

Social Housing Monthly Law Update – July 2018

By David Isaacson TLT’s monthly law update on all things affecting social housing Highlights this month include: The EU (Withdrawal) Bill receives Royal Assent Chair appointed to lead independent review into planning appeal inquiries Registered Social Landlords Bill gains Royal Assent Government announces it will fully fund unsafe cladding removal in social housing New powers […]

Industrial strategy: government proposals to use IP to stimulate innovation

By Jo Pritchard The government has recently published the outcome of its consultation on maximising the incentives of the IP (intellectual property) system to stimulate collaborative innovation and licensing opportunities. The call for views was one of a number of initiatives on IP announced by the government as part of its Industrial Strategy in November 2017.   Views […]

Express duty of good faith: rescuing drafting deficiencies

By Susan Honeyands The High Court has recently held that an obligation to act in good faith was breached when a company managing referrals to physiotherapy clinics used the other party’s information to set up a rival business. The case is interesting because the express good faith clause rescued other drafting deficiencies, in particular, the […]

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Ince and Weil Gotshal set for insurance litigation face-off

Ince & Co and Weil Gotshal & Manges could end up suing each other as a result of a complex film finance litigation suit. The actions will take place following claims due to be brought against the two firms by offshore arms of Hollywood companies Law Debenture Trust and Hollywood Realisations Trust. Weil Gotshal was […]

Clyde & Co-Kendall talks folded over lease

Problems with lease obligations were at the centre of failed talks between Clyde & Co and soon-to-be-launched niche firm Kendall Freeman. A source close to Clyde & Co said that the negotiations fell down due to lease obligations on the buildings occupied by DJ Freeman. Of those properties, 43 Fetter Lane is understood to have […]

Cuatrecasas in Portuguese tie-up

Cuatrecasas has completed the first ever Spanish-Portuguese merger through a tie-up with its longtime best friend Gonçalves Pereira Castelo Branco & Associados. Cuatrecasas, Herbert Smith’s main referral partner in Spain, has long had a formal alliance with Gonçalves, along with Brazilian firm Machado Meyer Sendacz e Opice Advogados and Argentinian firm Pagbam. The Portuguese market […]

Cravath quits Hong Kong

Cravath Swaine & Moore is pulling out of Hong Kong, leaving the white shoe firm with offices in just New York and London. The firm will relocate two partners and five associates to New York after completing a series of redundancies in the region. Cravath’s decision to close in the Far East mirrors that of […]

In the war zone

As war gets underway, Brendan Malkin reports on the measures Western law firms are taking to protect staff in the Middle East. Baker & McKenzie, BahrainNumber of fee-earners: 3Baker & McKenzie has alternative evacuation plans in place for its Bahrain staff, in case scheduled flights are suspended. A Baker & McKenzie spokesperson said that the […]

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