Simpson Thacher called in after takeover puts Pearl in the red

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Eversheds rebuilds Copenhagen after senior partner walkout

Eversheds has appointed two partners in Copenhagen to replace former senior partner Troels Askerud. Eversheds has appointed two partners in Copenhagen to replace former senior partner Troels Askerud. Partners Sam Jalaei and Nikolaj Juhl Hansen will share the role of senior office partner after Askerud announced earlier this month that he was leaving the firm […]

A&O, Freshfields and Links advise on duo of French deals

A trio of magic circle firms have won roles on the multi-billion euro acquisitions of stakes in French companies Rhodia and SFR. Allen & Overy (A&O) and Linklaters have been instructed by Vivendi and Vodafone respectively as the former acquires a 44 per cent stake in mobile operator SFR, valued at €7.95bn (£6.9bn). Meanwhile, Freshfields […]

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Focus, Careers: Second life

With the shadow of redundancy looming over the legal sector, many lawyers are facing the prospect of taking prolonged and unplanned career breaks. As redundancies continue to sweep through the City, large numbers of lawyers are having to cope with unemployment for the first time since leaving university. For most this is a daunting task. […]

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Clifford Chance ramps up Saudi relationship as six more lawyers seconded

Clifford Chance has seconded two senior lawyers to its Saudi partner firm Al Jadaan & Partners, in an attempt to strengthen its relationship with the Riyadh outfit. Corporate and capital markets lawyer Omar Rashid and Paul Latto, a banking lawyer, have each been appointed co-heads of their respective practices together with Al Jadaan partners. The […]

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