Manches’s takeover by Penningtons was not your usual merger. It was a pre-pack deal hastened by a tax demand from HMRC. For the full inside track on the mess Manches got itself into – including how much money it was really losing – read our investigative piece, below. Manches: Life after debt Revealed: Manches and […]
Parmijit Singh from Eversheds has commented on a move by regulators to remove trans fats from the US diet. Singh, partner and head of the firm’s international food and drink sector, said: ‘Over the past decade, there has been an increasing focus by regulators, both in the US and Europe, to take action to reduce health-related […]
Virgin Group has launched a full audit of its legal advisory roster with the aim of informally reviewing its panel arrangements. Allen & Overy, Herbert Smith Freehills and Macfarlanes are among a group of eight firms that advise Virgin and its wide-ranging umbrella group, which includes Virgin Atlantic, Virgin Money and Virgin Active. Virgin Atlantic […]
Fewer than half of in-house lawyers at major Chinese companies have voting power in board meetings, a survey by Baker & McKenzie and the China University of Political Science and Law (CUPL) has revealed. The report highlights that 90 of the 100 polled companies put general counsel at group level, with 29 of them having […]
Locke Lord’s London office has been instructed by the joint administrators for video rental company Blockbuster, which went into administration today (11 November). Restructuring partner David Grant is leading the work for joint administrators Simon Thomas and Nick O’Reilly of Moorfields Corporate Recovery, who were appointed just under a fortnight after Blockbuster’s owners, TS Operations, […]
Ashurst corporate partner Eavan Saunders Cole is set to exit the Appold Street firm after almost 14 years. Her decision marks the second high-profile departure from Ashurst’s corporate practice in days, following that of global corporate head Stephen Lloyd who resigned from the partnership last week (7 November 2013). Saunders Cole will leave the firm […]
Clifford Chance has elected partner Simon Sinclair as its new London capital markets head succeeding partner Andrew Forryan. Sinclair will take up the role on 1 December after being elected this morning following a contested vote. Forryan is stepping down from the role after one term at the helm and will continue as a full-time […]
Today, amendments to the Serbian Competition Law entered into force. The key changes are related to the proceedings and statute of limitations provisions. Additionally, changes have been made to the definition of a dominant position in order to harmonise Serbian legislation with european practice… Click on the link below to read the rest of the […]
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Eversheds Nicea has announced a business breakfast and debate that will provide an analysis of the modification of the General Law of Consumer (Royal Legislative Decree 1/2007). Set to be held on 28 November 2013 in Madrid, Spain, at 09:00, the business breakfast and debate will consider how the new Consumers and Users Law could […]
Australian listed firm Slater & Gordon has confirmed that it is in tie-up talks with Pannone following months of silence from the firm about the top-level discussions. In an announcement to the Australian Securities Exchange (ASX) earlier today the firm said: “Slater & Gordon confirms that, consistent with our previously communicated strategy of actively pursuing expansion opportunities […]
Over the past 12 years, 96 tax-related measures have been announced by former governments that have not been legislated. These outstanding tax measures have created uncertainty for taxpayers, of varying degrees. Where a tax measure has not been implemented, taxpayers have needed to decide whether they will arrange their tax affairs based on an announced […]