Latest Briefings

FCA test case ruling – welcome news for businesses

The High Court has handed down the long-awaited judgment in the coronavirus business interruption insurance test case brought by the FCA. Whilst the judgment may be appealed by the insurers, it is a very positive outcome for most businesses.

Can SECR fill the void where ESOS failed?

Whilst Streamlined Energy & Carbon Reporting (SECR) could be seen at first glance as a watered down ESOS without the site audits, it has the ability to deliver a wide range of energy efficiency and carbon reduction measures for organisations for years to come in a way that ESOS alone will never achieve.

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Debevoise and Davis Polk win roles on Warner Music’s IPO

Debevoise & Plimpton and Davis Polk & Wardwell will be advising on the return to the public markets of the recording label Warner Group. The Lawyer understands that Debevoise’s chief financial officer and capital markets partner Matthew Kaplan is advising Warner on the NYSE listing together with corporate partner Eric Juergens, while Davis Polk’s team […]

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Former Davis Polk partner joins Facebook as new GC

Facebook has found a new general counsel to helm its in-house legal functions after its top lawyer Colin Stretch left the company at the end of last summer. The role has been filled by Jennifer Newstead, whose career has spanned both law firm stints and government duties. She was the first woman to head the […]

Cooley and Davis Polk advise UK company on first-of-its-kind tech IPO

Cooley and Davis Polk & Wardwell have won roles on the US listing of UK tech provider Endava, which has been valued at around $126.8m. A cross-border team from Cooley was on hand to advise the company, consisting of Boston-based partner Nicole Brookshire, Virginia-based partner Darren DeStefano and London partner Ed Lukins. Lukins told The Lawyer: “For Endava […]

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Clifford Chance and Skadden drafted in on £3.2bn Swiss Re subsidiary sale

An eight-strong partner team from Clifford Chance and a five-partner one from Skadden Arps Slate Meagher & Flom have taken the lead on the £3.2bn sale of ReAssure, a subsidiary of Zurich-based insurance company Swiss Re, to UK insurer Phoenix Group Holdings. As part of the deal, which will be completed in mid-2020 and is currently […]

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