Norton Rose lose out to Herbies on $3.5bn mobile disposal

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Weil sneaks Sagard work away from CC and Latham

Weil Gotshal & Manges ‘ Paris office has muscled in on longstanding Clifford Chance and Latham & Watkins client Sagard Private Equity Partners, landing its first instruction for the Franco-Canadian private equity house. Private equity star David Aknin advised Sagard on the management buyout of French logistics group Compagnie Européenne de Prestations Logistiques for €170m […]

Freshfields underperformers in firing line

Freshfields Bruckhaus Deringer partners have voted through sweeping changes to the firm’s constitution that will make it much easier to remove underperforming partners Partners voted in favour of the changes in an email vote on 18 February following a consultation period that began last November. The magic circle firm drew up plans last year to […]

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The Isle of Man’s decision to introduce a zero-rate income tax is intended to take the economy onto a whole new level in international finance. Andrew Corlett reports The Isle of Man has been moving towards a zero rate of income tax on companies since October 2000. The 2005 budget, announced on 15 February, confirmed […]

Eversheds’ client management slammed as firm gets ejected from Honda panel

Honda has overhauled its legal panel and dumped Eversheds, issuing the national firm with a damning rebuke over its client management skills. However, the national firm is fighting back and has already arranged for managing partner David Gray to visit Honda in order to find out what went wrong. Honda used Eversheds’ Leeds office for […]

LEADER

David Gold must be delighted that his firm’s protracted search for a silk has finally come to fruition. Unfortunately, in that time Herbert Smith has lost two of its own home-grown QCs – Lawrence Collins QC to the bench and, most recently, Julian Lew QC, who joins 20 Essex Street on 1 April. Murray Rosen […]

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