Issues

Cell Therapy Catapult appoints Eversheds as legal adviser

Eversheds has been appointed as legal adviser to the Cell Therapy Catapult, a UK centre of excellence in cell therapy, following a competitive pitch process. The law firm’s appointment will cover all aspects of the Cell Therapy Catapult’s operations, including intellectual property and life sciences issues, procurement and state aid, HR, real estate and construction. […]

Eversheds advises Allied Glass on tertiary buyout deal

 Eversheds has advised Allied Glass on a tertiary buyout backed by CBPE Capital. Allied Glass is one of the largest glass manufacturers in the UK, manufacturing glass containers for the spirits industry. The Eversheds team was led by corporate partner Robin Skelton, assisted by senior associate David Milne and associate Carly Gulliver.

Conyers advises International Housewares Retail Company on stock exchange listing

Conyers Dill & Pearman has advised International Housewares Retail Company regarding its HKD600m (£50m) listing on the main board of the Hong Kong Stock Exchange by way of Hong Kong public offer and international placing. Anna Chong of Conyers’ Hong Kong office provided Cayman advice to the company. Conyers worked alongside Woo, Kwan, Lee & Lo, […]

Eversheds advises government of Cambodia on Preah Vihear dispute

The international arbitration team at Eversheds has successfully represented the government of Cambodia in the International Court of Justice (ICJ), in relation to a case brought by Cambodia against Thailand concerning the interpretation of the court’s 1962 judgment in the case concerning the Temple of Preah Vihear. The ICJ ruled that Thailand is obliged to […]

Eversheds comments on recommendations for enhancing EU role in account standard setting

Following a review by former president of the European Investment Bank Philippe Maystadt, new recommendations for enhancing the EU’s role in international accounting standard setting are due to be presented to EU finance ministers on 15 November 2013. Eversheds has commented ahead of the presentation of these recommendations. Michael Wainwright, partner and financial regulation expert […]

EU deal on Solvency II brings relief to insurance industry, says Eversheds

After months of wrangling, European politicians have now reached an agreement on the implementation of Solvency II. Eversheds believes that the deal will bring relief to the insurance industry. Jeremy Irving, partner and insurance expert at the law firm, said: ‘The EU’s failure to implement Solvency II in accordance with its original timetable had left […]

Eversheds Dublin advises Endo Health on $1.7bn takeover of Paladin Labs

The Dublin office of Eversheds has advised on the takeover by Endo Health Solutions of Paladin Labs Europe for approximately $1.7bn (£1.1bn). The acquiring entity will be an Irish holding company. The deal is the first Irish inversion with no primary Irish target. An inversion is a legal transaction whereby one corporation becomes a subsidiary […]

Football club administrations and pre-transfer dismissals: a good result for the rescue culture

The Court of Appeal judgment in Kavanagh v Crystal Palace FC (2000), in which Walker Morris acted for the successful appellant, the purchaser of a business out of administration, determined an important issue involving the interaction of the law concerning the position of employees on the transfer of the undertakings of their employer and the regime governing […]

APRA releases prudential practice guide on managing data risk

By Alec Christie and Rose Bollard The Australian Prudential Regulation Authority (APRA) has issued the final version of its new prudential practice guide, Prudential Practice Guide CPG 235 — Managing Data Risk. The data guide aims to assist financial institutions, general and life insurance companies and superannuation funds regulated by APRA to manage their data […]

Bespoke tailoring or off-the-rack misfits for arbitration systems?

By Dianne LaRocca Much has been written following the Supreme Court’s decisions in AT&T Mobility LLC v Concepcion, Oxford Health Plans, LLC v Sutter and American Express Co v Italian Colors Restaurant. Yet, in this crowded field, there is a need for clear thinking on the most pragmatic issues: deciding whether to adopt arbitration and, if so, how to draft […]

Reefer madness: employees may use medical marijuana yet be fired for doing so

By Katharine Liao Despite 20 states allowing the use of medicinal marijuana and two more — Colorado and Washington — allowing recreational marijuana use, employers remain unaffected. Courts consistently find that employers may terminate employees who test positive for marijuana, regardless of whether such employees are using marijuana to treat a disability; whether they were not […]