Scottish football league launches first-ever panel after in-house re-jig
Scotland’s top football league has appointed four new law firms to its panel, with the incumbent Harper Macleod missing out.
Ex-Macfarlanes lawyer becomes sixth Lord Chancellor in eight years
Ex-Macfarlanes lawyer David Gauke has been promoted to Lord Chancellor and Secretary of State for Justice in Theresa May’s Cabinet reshuffle. He replaces David Lidington, who has in turn been promoted to Cabinet Office minister and chancellor of the Duchy of Lancaster. Unlike his four immediate predecessors in the Justice Department, Gauke is a qualified […]
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High Court grants £1m costs extension in Lloyds/HBoS case
The High Court has granted Lloyds permission to increase its costs budget by more than £1m in its headline dispute with shareholders, owing to “significant developments in the case”.
Lloyds asked to increase its budget by £1.2m to account for the 12-day delay at the start of the trial, which was due to begin on 2 October but instead began on 19 October after Mr Justice Nugee and other members of counsel sustained significant injuries.
Schoenherr tops the M&A legal market in Austria for a decade
For ten consecutive years, Schoenherr has topped the Austrian Mergermarket M&A league tables and maintained its position as the leading M&A legal advisor in its home market. Based on the comprehensive Mergermarket deal data for 2017, Schoenherr is again No 1 in terms of the number of qualifying M&A transactions in Austria. Leading business intelligence […]
Reform of the Arbitration Act 1996: what to expect
Ontario postpones retail cannabis licence applications at the eleventh hour
By Lewis Retik, William Bjornsson At 7:30 p.m. on the evening of December 13, effectively one business day before the application portal for Ontario retail cannabis licences was scheduled to open, the Ontario government announced that it will postpone its acceptance of cannabis retail licence applications. The move was announced as a response to continued […]
Brexit and the protection of geographical indications for food and drink
By Ravi Randhawa In this article we review the potentially complex and disruptive implications of both a ‘deal’ and ‘no deal’ Brexit for UK and EU producers of GI-protected products given the current huge economic benefit (and cultural value) for the UK with over £5 billion gained in annual exports of GI-protected products. INTRODUCTION TO GEOGRAPHICAL […]
Good news for pension scheme trustees: HMRC simplifies anti-money laundering reporting requirement
By Jason Coates HMRC has changed its policy on how affected pension schemes can satisfy the reporting obligation under Regulation 45 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“AML Regulations”). This is a welcome simplification for those occupational pension schemes that fall within the scope of […]
An early Christmas present for invoice financiers
By Matthew Harvey, Stephan Smoktunowicz Last January, our insight ‘Invoice Finance 2018: Where next for bans on assignment’ reported on a set of draft regulations which looked to reduce the effect of ban on assignment clauses (BoAs), which create a barrier to providing invoice finance. 12 months later and with some revisions to the original proposals, The Business […]
Canadian securities regulators concern on problematic promotional activities by issuers
By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]
Scottish football league launches first-ever panel after in-house re-jig
Scotland’s top football league has appointed four new law firms to its panel, with the incumbent Harper Macleod missing out.
Ex-Macfarlanes lawyer becomes sixth Lord Chancellor in eight years
Ex-Macfarlanes lawyer David Gauke has been promoted to Lord Chancellor and Secretary of State for Justice in Theresa May’s Cabinet reshuffle. He replaces David Lidington, who has in turn been promoted to Cabinet Office minister and chancellor of the Duchy of Lancaster. Unlike his four immediate predecessors in the Justice Department, Gauke is a qualified […]
1
High Court grants £1m costs extension in Lloyds/HBoS case
The High Court has granted Lloyds permission to increase its costs budget by more than £1m in its headline dispute with shareholders, owing to “significant developments in the case”.
Lloyds asked to increase its budget by £1.2m to account for the 12-day delay at the start of the trial, which was due to begin on 2 October but instead began on 19 October after Mr Justice Nugee and other members of counsel sustained significant injuries.
Schoenherr tops the M&A legal market in Austria for a decade
For ten consecutive years, Schoenherr has topped the Austrian Mergermarket M&A league tables and maintained its position as the leading M&A legal advisor in its home market. Based on the comprehensive Mergermarket deal data for 2017, Schoenherr is again No 1 in terms of the number of qualifying M&A transactions in Austria. Leading business intelligence […]
Pension Protection Fund chops panel from 23 to six in latest review
The Pension Protection Fund (PPF) has cut its panel from 23 to just six in its latest review, The Lawyer can reveal. The firms that have won a place on the streamlined panel are Gowling WLG, DWF, Herbert Smith Freehills (HSF), Hogan Lovells, Mayer Brown and Osborne Clarke. The new panel consists of two lots: […]
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US promotions: Jones Day stays focused on US, as Cadwalader prioritises London
Jones Day has made up 46 new partners globally in its latest promotions round, while London accounts for the majority of Cadwalader Wickersham & Taft’s new joiners. The majority of Jones Day’s new partners – 34 out of 46 – were made up in the US, with a smattering of partners making the grade in the […]
Fried Frank and Dechert strike decisive blow in Sberbank case
Fried Frank Harris Shriver & Jacobson and Dechert have fought off an appeal from White & Case upholding an earlier High Court decision in favour of Russian lender Sberbank. The appeal made by the International Bank of Azerbaijan (IBA) was unanimously dismissed by Lord Justices Lewison, Henderson and Baker, with White & Case now expected […]
Clifford Chance confirms role in Africa deal with anti-corruption pledge
Clifford Chance has pledged to engage other elite law firms in a bid to counter corruption, after the firm came under pressure for acting on a deal involving the son of Equatorial Guinea’s long-serving president. The firm confirmed it played a role in the sale of a private jet to Teodoro Obiang in 2006, with the magic […]
Centrica names new GC as longstanding chief retires
Centrica’s deputy general counsel Justine Campbell has been named as the company’s new legal head following the retirement of its longstanding chief Grant Dawson. Campbell joined Centrica in 2013 as general counsel of its British Gas business, before rising through the ranks to the role of Centrica’s general counsel for UK and Ireland and then […]
DAC wins first UK mandate from healthcare business Cygnet
The firm will effectively act as sole provider for the healthcare business, offering a range of advice on services.
City trio lead on £1.6bn Battersea Power Station takeover
Linklaters, Addleshaw Goddard and Norton Rose Fulbright are advising on the £1.6bn takeover of Battersea Power Station by two Malaysian investors, making it the latest deal within the multi-phase £9bn redevelopment scheme. Battersea Power Station Development Company (BPSDC), advised by Addleshaws, has struck a deal with a joint venture between Permodalan Nasional Berhad (PNB), the Malaysian […]