Europe

Updates and analysis from The Lawyer covering law firms from across Europe.

European News

Rolls-Royce

Linklaters and Eversheds lead as Rolls-Royce continues spate of asset sales

Linklaters and Eversheds Sutherland have advised in the £500m sale of Rolls-Royce’s loss-making marine division, two weeks after the British manufacturing giant revealed the extent of its major business shake-up. Linklaters corporate partner Hugo Stolkin and managing associate Adam Rogowski have advised the buyer, Norwegian defence, marine and aerospace company Kongsberg Gruppen.  Kongsberg, which is 50 per […]

payment

Clifford Chance leads on bumper fintech listing for PayPal rival

Clifford Chance has advised on one of the largest IPOs in Continental Europe this year, tapping into a trend of tech companies pursuing public listings. The magic circle firm won the mandate from Dutch fintech company Adyen, which hosts payment platforms for companies such as eBay, Uber and Netflix. Adyen turned to magic circle partner […]

box

Slaughters leads opposite best friend firm on £1.5bn DS Smith deal

Slaughter and May and Iberian firm Pérez-Llorca have advised DS Smith in a deal to take over European packaging business Europac for nearly £1.5bn. DS Smith general counsel and company secretary Iain Simm turned to Slaughters corporate partners Andy Ryde and Filippo de Falco, who led a team on the deal. The lineup also included […]

Numbers and words across a computer screen with danger words highlighted such as cyber attack, data breach and system safety

European 100: Forget about Brexit, the real threat is cyber security

Independent European firms are more worried about cyber security risks to their business than they are about global politics, Brexit or the Trump administration, exclusive research has revealed. Almost two-thirds of firms responding to the European 100 survey this year said they had identified cyber security as a risk for their business in 2018. The […]

European 100: Garrigues tightens its grip with new revenue record

Iberian firm Garrigues has become the first Continental European firm to break through the €350m (£307m) turnover barrier, holding its place as the largest independent firm in The Lawyer European 100. Garrigues posted a 2.2 per cent rise in revenue last year to push total income to €357.1m, keeping it comfortably ahead of French firm […]

Eversheds and HSF lead on £700m engineering deal

Eversheds Sutherland and Herbert Smith Freehills (HSF) have acted on the near £700m sale of British-owned engineering company, John Guest Holdings to Reliance Worldwide Corporation (RWC). Eversheds acted for John Guest’s shareholders, led by M&A partner Chris Halliday, with legal director Wyn Jones and senior associate Hannah Kaye. John Guest is one of Europe’s biggest suppliers of plastic fittings […]

Hogan Lovells makes up first new global IP head in 15 years

Hogan Lovells has appointed IP partner Burkhart Goebel as its first new global head of intellectual property in 15 years, as the leadership baton moves across from Germany to Spain. Goebel, who is based in Madrid and Hamburg, will step down from his role as regional managing partner for Continental Europe to head the IP practice […]

Frankfurt

Slaughters Italian best friend BonelliErede launches in Frankfurt

Italian firm BonelliErede has become the latest firm to open up in the German financial centre of Frankfurt with a hub in the offices of its German best friend Hengeler Mueller. BonelliErede banking partner Giuseppe Rumi will head up the new office. Rumi also coordinates the best friends European financial institutions group, which includes Slaughter […]

move, hire, exit

Former Safran GC takes on new role at technology company

French cloud computing company OVH has appointed its first general counsel (GC) to be stationed in its office headquarters. Adam Smith joins the cloud provider after a two year spell away from working in-house. Until 2016, he was head of legal at aerospace, defence and security group Safran. His final act before stepping down was […]

Featured Briefings

AI, used correctly, can help solve some of our most pressing employment law issues

By Darran Brennan The World Economic Forum has defined Artificial Intelligence (AI) as an element of the fourth industrial revolution (4IR) and something which will change our world and workplaces. This is similar to the changes envisaged during the previous industrial revolutions (let’s not forget the fears of the Luddites) but what is different now […]

How Vodafone reviewed its legal team’s workflow

In the second half of 2015 Vodafone began to review the workflow of its property legal team. The impetus behind the move was to get away from the in-house team’s immersion in every part of the property process, allied to a requirement across the business for greater efficiency, visibility of risk and digitisation. The Vodafone […]

Facebook: you have a £500,000 fine from the Information Commissioner’s Office

By Andrew Mills Facebook is set to be fined £500,000, the maximum amount possible, for two breaches of the Data Protection Act 1998 (DPA 1998). Due of the timing of the breaches, the ICO was unable to levy the fines introduced by the General Data Protection Regulation (GDPR), which caps fines at the higher level of 20m […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

arbitration

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Efficient arbitration, part 1: Metrics

This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. In our series, we will explore various tools which serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration […]

Amendment of the Code of Conduct for Pharmaceutical Advertising

The Code of Conduct for Pharmaceutical Advertising (Code of Conduct) (In Dutch: Gedragscode Geneesmiddelenreclame) has been amended as of 1 July, 2018. The changes come as a response to the amendments to the policy rules providing guidance on the ban of inducements regarding medicinal products, which entered into force 1 April, 2018 (Policy Rules) (In Dutch: Beleidsregels gunstbetoon Geneesmiddelenwet […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Webinar: The role of soft skills in building a user adoption strategy for lawyers

Getting the right technology in place is the easy part of law firm innovation. The hard part is getting your lawyers using it. Watch Stuart Barr, Scott Reid and Kate Simpson have a lively discussion about change management strategies and soft skills that innovation teams can use to help lawyers adopt new technology…

The practical guide to legal knowledge management

The ability to capture, harness and re-use corporate knowledge has always been important in law firms, and knowledge management is key to doing so. This guide shows you how enterprise-grade social tools can help you advance your knowledge management initiatives…

Asset management and investment update

Each month our Asset Management & Investment Funds team write a ‘Legal & Regulatory Update’. Welcome to the July issue. The topics covered in this months edition include: AIFM fined €443,000 by the Central Bank as a result of regulatory breaches of Client Assets, AML/CFT and Fitness & Probity Rules Corporate Governance Code for Investment […]

Western Europe

Central Europe

Eastern Europe

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