Latest Briefings

Switzerland – restructuring and insolvency activity

The Swiss federal government’s Expert Group expects Switzerland’s GDP to fall by 1.5 per cent in 2020, down from previous expectations in December 2019 that predicted a rise of 1.3 per cent, mainly because of covid-19.

Romania – Consumer protection updates in the audio-visual media field

In November 2018, the European Parliament and the Council of the European Union enacted the Directive (EU) 2018/1808 amending Directive 2010/13/EU on the coordination on certain provisions laid down by law, regulation or administration in Member States concerning the provision of audio-visual media services in view of changing market realities (the “Audio-Visual Media Services Directive”).

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Takeover Panel chief extends stay

The Director General of the Takeover Panel Richard Murley has accepted the Panel’s invitation to extend his secondment until 30 November 2005. Murley, who works for Goldman Sachs, took up office in April 2003.

Russell-Cooke to merge with PI boutique

Personal injury boutique Evill & Coleman is to merge with London solicitors Russell-Cooke. The two firms will merge on 1 March, forming a 30-strong personal injury department based in Putney, in addition to Russell-Cooke’s Bedford Row and Kingston-upon-Thames offices. Evill & Coleman’s expertise ranges from clinical negligence cases to personal injury work, including sporting injuries. […]

CC delivers Pharmacia IP victory in just nine months

Clifford Chance has taken a pharmaceuticals patent case from its start to a Court of Appeal finish in just nine months. Mayne Pharma v Pharmacia Italia concerned the patent for the drug epirubicin, which is used to treat cancer. Mayne Pharma, an Australian producer of generic drugs, wanted to sell epirubicin in the UK. But Pharmacia Italia, […]

Deutsche Bank leads radical e-billing drive

Deutsche Bank is leading a group of nine of the world’s largest financial institutions, together with Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters and Simmons & Simmons, in piloting a web-based information portal that it hopes will lead to an e-billing standard. Deutsche Bank and Morgan Stanley have been the first banks to […]

Hammonds: auditors dumped, equity partners to repay £3m

Crossley gets tough as ‘exceptional charge’ dents profits; PwC brought in to audit national firm; 60 to go in redundancies Hammonds has replaced its auditors as it embarks on a radical shake-up of its financial management. Fletcher Greenwood & Co, a Bradford-based two-partner firm which has audited Hammonds for decades, has been sidelined in favour of Pricewaterhouse-Coopers (PwC) following a tender of […]

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