CORPORATE FINANCE

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Latest Briefings

Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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Digest

Lovells has hired Linklaters & Alliance’s international chief Marc Bartel. A major figure in the Alliance merger discussions, Bartel has been brought on board to work on Lovells’ international expansion plans.

Competition lawyers slam EC over BA-KLM merger failure

The European Commission (EC) is under attack from lawyers over its handling of the proposed merger between British Airways (BA) and KLM. The now defunct talks between the carriers, which would have resulted in a £5bn merger, fell through on 21 September following two and a half months of negotiations, after both sides failed to […]

Lovells and Freshfields lead in property outsourcing bids

Leading City property lawyers are gearing up for the final bidding stages of groundbreaking outsourcing deals for the BBC and London Underground property portfolios. By the end of October, the BBC, advised by Linklaters & Alliance, is expected to draw up a shortlist of two or three from the five prospective consortia bidding to manage […]

Macfarlanes sets up team to win e-commerce work

Macfarlanes is responding to the new economy boom by establishing an e-commerce group within its commercial practice. It is the first time the firm has created a specific sector-based group. Stephen Dooley, who has joined from US firm Sidley & Austin, will head the department. Macfarlanes has a leading reputation in private equity work. Venture […]

DE DIETRICH

ABN Amro led the public to private takeover of De Dietrich & Cie, one of the oldest manufacturing companies in France and listed on the premier marché. This is the latest in a series of big financings and one of the rare public to private takeovers in France. Traditional French firms Gide and Jeantet took […]

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