Latest Briefings

Amendments to permitted development rights for new homes

On 1 August changes to the current permitted development regime will be introduced. These will assist in meeting housing demand, whilst ensuring that conversions to residential use provide adequate natural light.

The restructuring review 2020: Switzerland

In the latest issue of “The Restructuring Review”, Daniel Hayek and Mark Meili provide an overview of the special features of Swiss restructuring law, taking into account the latest legislative developments due to COVID-19.

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Shearmans City partner leaves finance group

Shearman & Sterling‘s London office is losing a project finance partner, believed to be the first partner to leave since the firm launched its UK law capability in 1996. Rupert Walker, who was one of the founding lawyers in the UK law practice when he moved to Shearmans from Milbank Tweed Hadley & McCloy in […]

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.

Howard Kennedy pioneers UK software financing structure

Howard Kennedy has acted on what is believed to be the first UK loan facility for the software industry to base its structure on that used for film financing. Howard Kennedy’s client Bank Leumi has provided a £ loan facility to computer games company Infogrames, which will be used to develop two new games. But […]

Studio Sutti joins global e-alliance

The Global Alliance for E-Commerce Law has appointed Studio Legale Sutti as its first-ever member in Continental Europe. The Italian firm joins the ranks of Ashurst Morris Crisp in the UK, Clayton Utz in Australia and Johnson Stokes & Master in Hong Kong. Studio Legale Sutti is one of Italy’s leading e-commerce firms. Managing partner […]

HSBC Private Equity

HSBC Private Equity sells controlling interest in engineering product company CRP to Barclays Private Equity for £120m. HSBC Private Equity advised by DLA (Andrew Holt). Barclays Private Equity advised by Addleshaw Booth & Co (Jim Tully). Barclays Bank provided debt and capital to its private equity arm and was advised by Eversheds (Nigel Dale).

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