Related briefings

An opportunity for in-house to reimagine and reshape the future of work

The old saying goes that necessity is the mother of invention, and this has perhaps never been better demonstrated than throughout 2020. ‘Necessity’ here is the lockdown resulting from the coronavirus pandemic. ‘Invention’ is demonstrated by the rapid pace with which we have all had to pivot our approach to day-to-day business, strategy and technology in response to the pandemic.

Trends in transatlantic acquisition finance

International law firm Paul Hastings, in collaboration with The Lawyer, conducted research seeking to determine trends in the rapidly evolving world of transatlantic acquisition finance. Insights for the project were gained through interviews and two roundtable discussions involving partners, heads of leveraged finance, in-house legal counsel and deal execution professionals from a diverse range of […]

Latest Briefings

AI – Commission publishes new legal framework

I wrote last autumn about the European Parliament’s approval of proposals for the regulation of artificial intelligence (AI), and the European Commission has now decisively picked up the legislative baton, publishing its comprehensive framework for an AI Regulation.

Replacing the vertical agreements block exemption: approaching a year to go

On 31 May 2021, the Vertical Agreements Block Exemption Regulation (VBER), which exempts certain agreements from the EU and UK prohibitions on anti-competitive agreements, enters its final year of service before its scheduled expiry at the end of May 2022. Both the UK’s Competition and Markets Authority (CMA) and the European Commission (EC) have begun consultations on whether to replace the current instrument and its accompanying guidelines and, if so, how the replacements can tackle some of their predecessors’ shortcomings.

Tech time out – health is wealth

Neil Lloyd, managing director at law firm FBC Manby Bowdler, set up Tech Time Out with Stephanie Henson last year after noticing that a lot of noise was being made about the amount of time people were spending on tech, and certainly, COVID just made it worse.

Austria: Supreme Court rules on long-term gas supply contracts

On 25 January 2021 the Supreme Court issued a decision on long-term contracts for the import of Russian natural gas into Austria (16 Ok 3/20g). The contracts had been concluded in 2006 for the supply of unstructured natural gas. All of the contracts expired on 31 December 2027. At the time of their conclusion, such long-term commitments were common for contracts between natural gas producers and importers or wholesalers throughout Europe. The contracts contained an obligation for customers to purchase 83% of the contract volume (at least in the medium term), even if this amount was not actually taken (take-or-pay clause). In 2011 one of the buyers was granted an early termination right.

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Greensill

Former Slaughters partner to carry out Greensill review

Corporate veteran Nigel Boardman has been appointed by the Prime Minister to carry out an independent review into the ongoing Greensill saga. Boardman, who left Slaughter and May’s partnership in 2019, is a non-executive director of the Department for Business, Energy and Industrial Strategy. He has continued since as a senior consultant at Slaughters, with […]

Freshfields unveils 22-strong promotions round

Freshfields Bruckhaus Deringer has announced a reduced number of promotions in London as opposed to last year, with six making the cut. The firm has promoted 22 new partners, effective from May 2021. It marks a similar number to last year’s promotions, when the firm made up 21 lawyers. Most of the promotions are centred […]

White & Case

White & Case vows to fix culture problems after external investigation

White & Case instructed an external investigation led by a QC, The Lawyer understands, after rising tensions in its City office and is now set to launch a programme aimed at improving firm culture. Sources said the firm is to address internal tensions that have arisen in the past year as a result of an […]

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