Latest Briefings

Permission in principle – growth, renewal, protect

The biggest shake up of the planning system since 1947 continues apace with the announcement, on 2 August, of government plans to create an automatic green light for development within specifically designated areas of the country.

Setting aside company transactions involving Jersey, Guernsey and BVI companies

Financial pressure can change perspectives on transactions – whether through the lens of an insolvent winding up, in the context of a counterparty or related interested party exploring ways in which they might unravel a transaction, or a new board considering whether a company can extricate itself from contractual arrangements that appear to have been subject to a conflict of interest or which were for an improper purpose.

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Tired of London

Last month, Mayor of London Ken Livingstone unveiled a planning blueprint for London over the next two decades. One commentator snappily dubbed the former leader of the Greater London Council’s (GLC) vision ‘the skyscraper manifesto’.`Hyperbole aside, there is much to keep developers and planning professionals smiling in ‘Towards the London Plan’. Kate Hall, chairman of […]

A&O raises Hong Kong profile with £1bn Swire Pacific deal

The Hong Kong office of Allen & Overy (A&O) advised joint arrangers HSBC and Morgan Stanley Dean Witter on the establishment of a $1.5bn (£1.1bn) medium term note programme for Swire Pacific.`Although the firm is already a market leader in the medium term note programme, it is trying to develop its relationship with Hong Kong […]

Opinion

On 23 May, Mr Justice Moses handed down his judgment in the Interbrew/Bass case. In an unprecedented ruling, the January decision of the Secretary of State for Trade and Industry requiring the divestment of Bass by Interbrew was overturned.`Interbrew’s challenge to the Competition Commission and Government’s decisions was based on the argument that the remedy […]

Lovells becomes Equitable’s top adviser

Troubled mutual Equitable Life has named Lovells as its main legal adviser, despite its historic relationship with Denton Wilde Sapte. `Equitable Life chairman Vanni Treves described Lovells as the society’s main adviser at its annual general meeting on 23 May.`A Lovells team led by insurance specialist Robin Spencer is advising Equitable Life on a compromise […]

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