Linklaters wraps up Jolly deal as hotel sales revive

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Eversheds goes for volume market in management rejig

Eversheds is undergoing a wholesale management shake-up in Cardiff and Bristol, with Cardiff set to spearhead Eversheds’ drive into the volume legal services market. Insurance litigation partner Bryan Hughes replaces David Vokes as regional managing partner. He will run the regional office with new senior partner Alan Meredith, who took over the job last year […]

Corporate

Nestlé buys all outstanding shares in Ralston Purina Company for £4.27bn. Nestlé advised by Cravath Swaine & Moore (Alan Stephenson). Financial advisers Greenhill & Co and Credit Suisse First Boston. Ralston Purina represented by Wachtell Lipton Rosen & Katz (Steven Cohen) and Bryan Cave (Don Lents). Financial adviser Dresdner Kleinwort Wasserstein.

Axa Corp sets up new legal panel

Axa Corporate Solutions, which is part of the Axa group, has set up a panel of preferred law firms. The panel is unusual as the work is for large multinational clients, and the firms need to prove that they have the capacity to cope with complex multijurisdictional work. A number of firms are known to […]

White & Case profits from Italian merger

White & Case‘s new Italian practice has gained an intellectual property (IP) partner and three associates through the merger of boutique firm Studio Attolico Legale and its Italian partner Varrenti e Associati. The deal comes just two weeks after White & Case announced its merger with the five-partner Italian corporate firm to create Studio Legale […]

A VIEW FROM INDIA

Is India the new Japan? This question will raise a wry smile from lawyers who have worked on India-related matters over the past 10 years. In 1991 India announced deregulation and reform to open up its economy. The first flush of enthusiasm, which saw Western businesses, including law firms, rush to take advantage of India’s […]

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