Latest Briefings

Trends in transatlantic acquisition finance

Contents A transatlantic future The US influence on the European market The rise of the non-bank lenders The patchwork of Europe The political impact Case Study: Financing Bain’s Acquisition of Kantar from WPP Team structure Conclusion: what next? Key takeaways The convergence of documentary terms, investors and commercial approaches across the European and US loan […]

MLD5 update and new EU AML action plan

The European Commission has issued a recent update on the Fifth Anti-Money Laundering Directive (MLD5). We examine what the MLD5 entails and outline the next steps to be taken.

High Court analyses compensation order regime under the CDDA accounting

The compensation order regime Compensation orders aim to make directors financially accountable for the consequences of their unfit conduct. They were introduced in October 2015 by the Small Business, Enterprise and Employment Act 2015 which amended the Company Directors Disqualification Act 1986 (CDDA). Under the new regime, the Insolvency Service can apply to court (on […]


Halliwells settles on new managing partner

Halliwell Landau managing partner Paul Thomas has stood down and been replaced by commercial litigation head Ian Austin following contested management elections. Senior partner Alec Craig has been re-elected for a further three years after his post was not contested. Only Austin stood against Thomas for the managing partner role. The Lawyer understands that Austin, […]

Freshfields cuts back bonuses in Germany

Freshfields Bruckhaus Deringer has cut its end of year bonuses for German senior associates. Sources at the firm say that the move was a response to changes in senior associate salary levels at rival law firms. Freshfields pays its German senior associates bonuses at the end of May and November. The bonuses usually amount to […]

Ex-Citibank M&A ace opts for Davenport Lyons

Davenport Lyons has nabbed corporate partner and former Citibank general counsel Jonathan Lass from US firm Cozen O’Connor. Lass’s experience includes a spell in-house at Citibank, where he was general counsel for the UK and Europe, with responsibility for English law matters worldwide. He handles M&A work for companies in the financial services, manufacturing, retail, […]

Lovells wins first Euro CIBC instruction on Vaasan deal

Lovells has strengthened its relationship with CIBC World Markets after scooping its first European-based acquisition finance deal for the bank. The firm has been instructed to act for CIBC, the sole arranger and underwriter, on the sale of Finnish and Baltic States baking business Vaasan & Vaasan to a private equity group led by CapVest […]


So, did Hutton get the law wrong? Greg Dyke thinks so. In an interview on The Today Programme last Friday (30 January), he said: “I don’t accept all the report. Our legal team were all very surprised by the nature of the report.” Hutton was “quite clearly wrong” on some points of law, Dyke later […]

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