US Bankruptcy Court defines the limits of shareholder safe harbour in failed leveraged buyouts

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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A&O tops law firm branding league table

Magic circle firm Allen & Overy has the best brand recognition in the English legal profession, according to survey results published today. The magic circle firm topped a league table of 20 practices after researchers gauged client opinions as well as mainstream and specialist press coverage. The table – compiled by London reputation management consultancy […]

Belief in ‘democratic socialism’ can amount to a philosophical belief for the purpose of a religion or belief discrimination

This first-instance employment tribunal decision nicely illustrates that there is sometimes, but rarely, an exception to the general rule that support of a political party does not amount to a ‘philosophical belief’ capable of protection under the Equality Act 2010.  Mr Olivier was a Labour councillor and active campaigning member of the Labour party for […]

Eversheds Bianchini assists Italian banks on San Giorgio debt restructuring agreement

Eversheds Bianchini has advised a pool of Italian banks led by Unicredit on a debt restructuring agreement for San Giorgio and its group of companies, including New Jersey Srl and Imprenditori Riuniti. The financial restructuring covered in particular the restructuring of senior loan facilities for the development and construction of the shopping mall Le Centurie, […]

NYSE Section 303a written affirmation updated for new compensation standards

The New York Stock Exchange (NYSE) has updated its Section 303A written affirmation form to reflect the recent modifications to the NYSE listing standards for compensation committees of equity issuers. The new affirmation form must be used by listed companies with annual meetings held after 15 January 2014 and is available on the NYSE’s website. […]

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