RBS dumps procurer Ariba as it finalises legal panel

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

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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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