RBS dumps procurer Ariba as it finalises legal panel

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Latest Briefings

Tracing remedy for cryptocurrency ordered by court

By Emilie Feil-Fraser The decision of the British Columbia Supreme Court on September 12, 2018 in Copytrack Pte Ltd v. Wall is one of the first cases in Canada where a court-ordered remedy has been applied to digital currency, and it may have major implications for parties seeking relief in respect of digital currency in the […]

Has your organisation paid its data protection fee?

By Patrick Wheeler The Information Commissioner’s Office (ICO) has sent warning letters to 34 organisations who have failed to pay the new data protection fee under the Data Protection (Charges and Information) Regulations 2018, which came into force on 25 May 2018. Under the new regime, data controllers have to pay a data protection fee to […]

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

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Morgan Lewis beefs up finance with Faegre hires

US firm Morgan Lewis & Bockius has raided Minneapolis-based Faegre & Benson for two structured finance partners, including its co-head of asset securitisation. Michael Macaluso and Douglas Rutherford join as finance partners in the Chicago and New York offices, respectively, of national player Morgan Lewis, where average partner profits have nudged up to the all-important […]

Freshfields tops up on water work with AWG acquisition bid

Freshfields Bruckhaus Deringer has scooped its second major water deal in as many weeks, advising the Colonial First State-led consortium on its £2.2bn bid for AWG, the owner of Anglian Water. The news comes in the wake of the discovery that the magic circle firm is also acting for private equity firm Terra Firma on […]

Expanding AIM faces increased LSE scrutiny

City lawyers have applauded news that the London Stock Exchange (LSE) is to review regulations of its junior market AIM. The proposed changes would see floating companies’ nominated advisers (nomads) given their own codified rules, enforced by the Financial Services Authority (FSA). Companies listed on AIM would also have to have their own website clearly […]

Sony BMG appeals merger clearance reversal

Bertelsmann Music Group (BMG) and Sony Music are appealing against the Court of First Instance judgment, which overturned the European Commission’s decision to clear the merger between the two companies. The Commission cleared the merger between BMG and Sony, advised by Slaughter and May and Cleary Gottlieb Steen & Hamilton respectively, in July 2004. However, […]

Special Report: Iberia

A sudden upsurge in corporate activity in Spain has excited lawyers and businessmen alike. Mergers and acquisitions worth billions of euros, such as E.ON’s e47bn (£31.85bn) takeover of Endesa and the e23bn (£15.58bn) tie up between Autostrade and Abertis Infraestructuras, have led the way. Spain’s national independent law firms have particularly benefited, with Uría Menéndez […]

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