Shearman and Cravath advise as Japan’s Mizkan buys Unilever sauce units

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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

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Sydney

QBE makes first group GC change in two decades

Insurance group QBE has turned to Australian supermarket chain Woolworths for its new group general counsel, hiring Peter Horton to succeed incumbent Duncan Ramsay who is leaving the organisation after 21 years.  Horton will join the insurance group’s Sydney headquarters on 9 June after a nine-year tenure as Woolworths GC and company secretary. He will also take […]

Conyers advises Adenium Capital on $26m solar power plant investment

Conyers Dill & Pearman has provided Cayman legal advice to Adenium Capital on a $26m (£15m) solar investment by Adenium and Bright Group Investments in Jordan.  Adenium is an investment company specialising in the investment in and development of clean energy and alternative-energy-related sectors. Fawaz Elmalki of Conyers’ Dubai office advised on the matter, working […]

Cockcroft

Moves

Move of the week Payne Hicks Beach has hired former Manches partner Rebecca Cockcroft. She joins the family department as a partner. Cockroft’s practice focuses on all areas of family law including divorce, matrimonial finance, children, cohabitation, pre-nuptial agreements and Hague Convention cases. Her areas of specialism include complex financial cases,particularly with an international dimension, […]

Hogan Lovells new CEO: I’m going to boss my partners five times a year

You can picture the scene in the Immelt household. As the CEO of General Electric, Jeff Immelt, slices up the Thanksgiving turkey, older brother Steve lets on that he, too, is to become a chief executive. Jeff gives him an extra slice. Hogan Lovells partners voted Steve Immelt into the top job in December, so […]

London
13

Kirkland & Ellis raids Weil for banking star Stephen Lucas

Weil Gotshal & Manges banking chief Stephen Lucas is leaving the firm after three years for Kirkland & Ellis. Lucas joined Weil in 2011 from Linklaters, having also spent a number of years at Clifford Chance. He has strong links with Goldman Sachs and Citigroup, and as a junior lawyer spent time on secondment at […]

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