Are you keeping up with the plant-based revolution?
By Richard Naish The food and drink industry has always been a hot-bed of innovation and 2019 is proving to be no different. Two areas which are currently evolving very quickly are the search for plastic-free packaging and the growing trend to eat less meat. The answer to both could lie with plant-based alternatives. Plant-Based […]
Change to response time for data subject access requests
By Jeanette Burgess, Andrew Northage On 15 August 2019, the Information Commissioner’s Office (ICO) issued updated guidance on the timescales for responding to a data subject access request (DSAR) following a recent ruling of the Court of Justice of the European Union. The general rule is that DSARs must be complied with without undue delay and at […]
Adjudication Matters – August 2019
CVA adjudication enforcement dilemmas… In the recent judgment of Indigo Projects London Limited v Razin and another [2019] EWHC 1205 (TCC), the Technology & Construction Court refused to enforce an adjudicator’s decision where the claimant had entered into a Company Voluntary Arrangement (“CVA”) following the adjudication. Background In April 2017, Razin and another (the “Defendants”) engaged Indigo Projects London Limited (the “Claimant”) to […]
Capital Markets Update – August 2019
Read below for updates from the Capital Markets: July’s news LSE publishes disciplinary notice for breaches of AIM rules On 1 July 2019, the London Stock Exchange plc (LSE) published a disciplinary notice in relation to the public censure and fine of Telit Communications plc for breaches of Rules 3 and 31 of the Aim Rules for […]
Short-term ‘Airbnb’ lets: Ongoing issues
Karl Anders, Walker Morris’ Housing Management & Litigation partner, highlights ongoing legal, practical and political issues with the sharing economy and short-term ‘Airbnb’-style lets. Short-term lets: The story so far Walker Morris has reported previously on legal and practical issues arising from the ‘Airbnb’-style short-term holiday lets model. We have explained that such lets are often likely […]
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The speed read: in-house fluidity; US firm office moves; and a poison pen at Doughty Street
Deep into August and the City is quiet as partners take a well-earned break drinking wine in Provence, sunning themselves on a Greek island or, in the case of one out-of-office reply we received this morning, “sailing round Alaska.” Nevertheless, the news does keep coming… The in-house market has rarely been this fluid The repercussions […]
Magic circle and US firms lead on Hasbro £4bn entertainment deal
Freshfields Bruckhaus Deringer and Mayer Brown have advised on US toy maker Hasbro’s £3.3bn ($4bn) acquisition of UK-listed Entertainment One. Canadian media and entertainment company Entertainment One, or eOne, is the owner of film and television titles such as children’s cartoons Peppa Pig and Ben and Holly’s Little Kingdom, through its family division. Through its […]
Firms set to lose out as Alibaba postpones its HK capital-raising
The delay in China’s biggest e-commerce company public listing in Hong Kong could see the longstanding advisers for Alibaba lose out on fees for a £16m capital-raising. The Alibaba Group announced early in the week that it would delay its IPO process in Hong Kong due to the protests that have swept the Asian corporate […]
Covington begins search for new London HQ as lease end nears
Covington & Burling is on the hunt for new office space in London as its lease edges closer to an end, The Lawyer understands. According to sources in the market, the US firm has kicked off the search ahead of its lease end in 2021. While no shortlist of potential locations is currently available, the […]
A&O, Linklaters and Weil in line for £12m payout on Cobham’s sale to US PE group
Allen & Overy, Linklaters and Weil Gotshal & Manges are set to scoop nearly £12m for their work on the £4bn takeover of Cobham, one of Britain’s biggest defence and aerospace companies, if the controversial deal goes ahead. US private equity company Advent International offered to buy Cobham, known for its air-to-air refueling technology, at the end […]
Clydes boosts junior pay and reveals trainee retention
Clyde & Co has increased its salaries for trainee and newly qualified (NQ) solicitors. First-seat trainees will now earn £40,000, up £2,000 from £38,000, while second-years get the same uplift and will now earn £42,000, up from £40,000. The NQ salary has increased £5,000 to £70,000. Clydes has also revealed its retention for the autumn. It […]