Slaughters protects Colt from bondholder

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Latest Briefings

Tax ruling by Luxembourg to McDonald’s Europe franchising did not involve illegal state aid- European Commission

On 19 September 2018, the European Commission concluded that a tax ruling granted by Luxembourg to McDonald’s Europe Franchising did not constitute illegal State aid. The Commission acknowledged that Luxembourg had correctly applied the Luxembourg-United States tax treaty. While this decision concerns an individual case, it suggests that State aid rules are not an appropriate […]

Energy tax matters – Prinsjesdag 2018

The Budget Day Package 2018 contains a separate bill (‘Fiscal greening measures 2019’) with measures to reduce CO2 emissions. The proposal includes, among other things, the following changes in energy tax: Promoting electrification: shifting energy load from natural gas to electricity. The tariff in the first disc for natural gas is increased by EUR 3ct / m2, […]

UK real estate and competition law – An insight

By Samuel R Beighton On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA”) announced that Heathrow airport (“Heathrow”) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease. Importantly, this case marks the first occasion that the CMA […]

Pre-purchase inspection is not a warranty

By Sandra Lando, Julie Djiezion For several years, there have been calls by some associations, including the Québec Association of Building Inspectors, for oversight of the work done by pre-purchase inspectors. On June 12, 2018, they resulted in the introduction of the Act mainly to improve the quality of buildings, the regulation of divided co‑ownership and the […]

Introduction of remediation agreement in Canada

By Glen Jennings, Matthew Doak The time has now arrived. A mechanism is finally in place in Canada that will allow for a better process to resolve criminal offences for corporations. In response to a consultation that ended in November 2017, the federal government introduced legislation amending the Criminal Code to allow for remediation agreements (better known as […]

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A legendary let down

Apart from White & Case, lawyers tend to be very precious about their client parties. Slaughter and May lawyers will talk endlessly about the modern electronic music planned for their upcoming client soiree, but Tulkinghorn has less chance of making it through the doors than DJ Carl Cox. So, Tulkinghorn was delighted to hear that […]

Insurers to gain extra £55m from law firms

Solicitors’ professional indemnity premiums rise from £141m to £221m in a year Insurers will earn an extra £55m from solicitors this year as a hardening market forces up total premiums by 25 per cent to £221m. Figures released by Zurich Professional, obtained from the Law Society Assigned Risks Pool (ARP), show that the 9,500 law […]

DLA forms bulwark as the OFT gets tougher on cartels

Helen Power discovers that the best defence against the OFT may be a bunch of ‘Northern upstarts’ “We’re uncovering one cartel a month. We are now uncovering more serious ones. This activity is equivalent to theft. It has no redeeming features. Effective deterence is very important.” This came from the Office of Fair Trading’s (OFT) […]

Tony Williams goes it alone

Former Andersen Legal managing partner Tony Williams has re-emerged as an independent law firm consultant. He told The Lawyer: “The intention is to provide advice primarily to law firms, but also to in-house legal departments, on developing and implementing their strategy and operations.” First revealed on www.thelawyer.com/lawyernews on 16 October

European Court of First Instance slams Competition Commission

Commission’s decision to block Schneider-Legrand merger severely criticised by European Court of First Instance; decision on Tetra Laval expected next week The European Court of First Instance has dealt the Competition Commission a major blow overturning the EU regulator’s decision to block the Schneider-Legrand merger just months after slating the regulator’s decision in the Airtours […]

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