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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Pollock, Lovells come under fire after dropping £850m BCCI claim

After 256 days in court, the £850m misfeasance claim, brought by the liquidators of the Bank of Credit & Commerce International (BCCI) against the Bank of England, sensationally collapsed last Wednesday (2 November). Essex Court Chambers’ Gordon Pollock QC appeared briefly to inform Mr Justice Tomlinson and the Bank of England’s legal team, including Freshfields […]

Euronext, Deutsche Börse ponder tough LSE bid conditions

The Competition Commission has given the green light for Euronext and Deutsche Börse to bid for the London Stock Exchange (LSE), but imposed some tough conditions that many believe are potential deal-breakers. Following a seven-month inquiry, the commission found that both bids would “substantially lessen competition” and ruled that the deals would only get the […]

Mother’s ruin is lawyer’s shoo-in

The concept of work-life balance is really being embraced these days among lawyers. Few, though, have done as well at marrying business and pleasure than former Addleshaws partner Susannah Sheppard. Sheppard, a competition specialist, is the sole UK distributor of Xoriguer gin, a tipple that hails from (and has until now only been available on) […]

Lawyers query Company Law Reform Bill proposals

Lawyers have welcomed the publication of the new Company Law Reform Bill, but doubts remain over some of its proposals. Freshfields Bruckhaus Deringer partner Vanessa Knapp chaired the Law Society’s consultation committee for the bill until August 2005. She believes a clarification of directors’ duties is necessary to avoid conflicts of interest. The bill states that […]

Kilpatrick Stockton braces for more layoffs in London

Kilpatrick Stockton is set to conduct a swathe of compulsory redundancies as part of its ongoing bid to slash its London office. Preliminary voluntary redundancy negotiations have failed to reduce the office’s size as much as the firm’s executive committee had hoped – only cutting it by eight fee-earners to a total of 30. The […]

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