Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).


Free Representation Unit gets chief exec

The Free Representation Unit (FRU) has named Clive Tulloch as its new chief executive. Tulloch, who was a tax partner at PricewaterhouseCoopers until September 2006, has significant experience in risk and regulation. His appointment follows the departure of director Kelly Essery in April 2006. The FRU is one of the UK’s largest single providers of […]

Trowers targets Saudi launch after axing alliance

Trowers & Hamlins is set to launch its own office in Saudi Arabia after ending its affiliation with Saudi firm Riyadh-based Hassan Mahassni. Trowers is in “advanced negotiations” to open its own office in the Saudi capital of Riyadh. Under Saudi regulations, only a local lawyer can open in the country. The move follows the […]

A&O gives welcome boost to Welcome Break

Allen & Overy (A&O) helped Investcorp receive some long-anticipated good news by advising on Welcome Break’s £300m leveraged recapitalisation. The recap of the UK’s second-biggest service station operator will return a £150m dividend payment to Welcome Break’s owners, Investcorp, as well as a return of capital to the company shareholders. The deal values Welcome Break […]

New York trio scoops world’s largest LBO

A New York triumvirate of Cravath Swaine & Moore, Simpson Thacher & Bartlett and Sullivan & Cromwell has landed work on what is set to be the world’s largest private equity deal. Simpson Thacher, assisted by Texan-headquartered Vinson & Elkins, is advising Kohlberg Kravis Roberts (KKR) and Texas Pacific Group (TPG) on their $44.5bn (£22.67bn) […]

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