Latest Briefings

Prepare to have right on your side when making efficiency savings

As the UK officially enters recession, we are seeing perhaps the toughest landscape in the corporate world for over a decade. With so many decisions to be made to protect the buoyancy of their business, especially as government support schemes gradually come to an end, many employers are finding themselves in a difficult place. On the one hand, they want to value and protect the staff who have succeeded over the past few challenging months but, at the same time, many are finding redundancies in certain business areas inevitable. So how do they navigate this territory and ensure they keep the business going while doing the right thing?

Webinar: Employee Ownership Trusts: Efficient exits on an owner’s terms

Selling a business is perhaps the most critical moment in an owner’s life with their company. The process of finding a buyer and agreeing a price can be drawn out, stressful – and with forthcoming changes to Capital Gains Tax (CGT) – may involve writing a substantial cheque to HMRC. For many owners, there may be another way, by utilising a HMRC-approved Employee Ownership Trust (EOT) to sell their business.

Luxembourg companies allowed to hold virtual meetings until 31 December 2020

With the aim of allowing more flexible governance measures, Luxembourg has passed another law extending the possibility to hold board and shareholders’ meetings in companies and other legal entities[1] remotely up to and including 31 December 2020. The Law[2] was published in the Official Journal on 23 September 2020 and will enter into force on 1 October 2020 (the New Law).

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Royal & SunAlliance settles on Herbies for Japan sell-off

Herbert Smith’s growing Tokyo office has pulled off a coup with an instruction from Royal & SunAlliance (RSA). Although RSA is one of Herbert Smith’s biggest clients globally, the firm had to face a beauty parade to win an instruction on the disposal of its Japanese business to AIG. Led by Tokyo managing partner Steve […]

Hailsham Chambers wins 6 Pump Court team

Six tenants from Kieran Coonan QC’s 6 Pump Court have joined Hailsham Chambers, bolstering its professional negligence and medical practices.Three of them – Andrew Post, Alexander Hutton and Roger Mallalieu – also specialise in legal costs litigation, a key area of 6 Pump Court’s work.Also joining is former Shepherd + Wedderburn assistant Fiona Patterson who […]

Herbert Smith racks up £5m in fees on DTI’s nuclear clean-up

Herbert Smith has reaped around £5m in legal fees for its first 12 months of advising the Department of Trade and Industry (DTI) on the £48bn nuclear clean-up programme. The City firm scooped a two-year contract to advise the DTI on the commercial aspects relating to the creation of the Nuclear Decommissioning Authority (NDA) after […]

Hill Dickinson posts 34 per cent hike in turnover

Hill Dickinson has recorded a 34 per cent hike in turnover for the first six months of the 2004-2005 financial year. The firm reported a six-month income of £22m, up from £14.5m for the same period in 2003-2004. Last year’s full-year turnover was £40.1m, with average profits per equity partner of £221,000. The figures mark […]

ABN Amro loses inhouser to Nomura

ABN Amro’s global head of legal of global equity derivatives has quit the Dutch investment bank to join Nomura in a non-legal role. Sanjeev Joshi is leaving ABN at the end of January to join the Japanese investment bank to take up a front office position. ABN’s wholesale clients, strategic business unit global legal head, […]

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