Related briefings

African M&A: can the downturn in fortunes be re-energised?

Following a period of recent change for the worse in M&A (and PE exits) activity, due to political uncertainty and governance issues, can local strategy – combined with Africanising operations – and positive business sentiment improve the current state of affairs?

Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

Recommended

Virgin Money

A&O and Clifford Chance called in for £1.6bn Virgin Money bid

Allen & Overy (A&O) and Clifford Chance are advising in takeover talks between Virgin Money and the owner of Clydesdale Bank (CYBG) in a move that could create Britain’s largest “challenger” insititution. A&O is representing Virgin Money, led by corporate partners David Broadley and George Knighton, as well as M&A partner Seth Jones, who specialises in […]

A&O, Linklaters and Slaughters win roles on sale of Virgin Active

Allen & Overy (A&O), Linklaters and Slaughter and May have picked up the leading roles in Virgin Group and CVC Capital Partners’ sale of 80 per cent of its stake in Virgin Active to South Africa’s Brait for £682m.  Slaughters acted for Sir Richard Branson’s Virgin Group and CVC Capital Partners on the transaction. The […]

Cabin pressure for Virgin Atlantic’s GC

Working in the airline business is no flight of fancy. When Julian Homerstone landed a GC job at Virgin Atlantic he must have known it would be quite the ride – the airline now flies 5.5 million passengers a year to 35 destinations worldwide. “That is the type of company that Richard [Branson] runs – […]

London town

All change at McDermott with new London head at the helm

McDermott Will & Emery has revamped its leadership, naming corporate transactional lawyer Hamid Yunis as its new London managing partner. Yunis’ expertise lies in the healthcare sector; he joined the firm in 2016 from Taylor Wessing to build the firm’s capabilities in this area. He succeeds Andrew Vergunst, who has been leading the office since early […]

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