DLA Piper has advised Austrian construction company Porr on competition law matters concerning the acquisition of two Alpine subsidiaries. The acquisition of Grund Pfahl und Sonderbau and Geotechnics Systems took place from the bankrupt estate of Alpine. The merger, by which Porr Bau acquired 100 per cent of the shares in Grund Pfahl und Sonderbau […]
Allen & Overy has advised Deutsche Annington Immobilien on the launch of its EMTN programme with a total volume of €4bn (£3.4bn) and the first successful €500m bond issue under this programme. The bonds have a term of eight years and carry a coupon of 3.625 per cent per annum. They are listed on the regulated market of the […]
Allen & Overy has acted as joint legal adviser with Minter Ellison to Lloyds Banking Group in respect of the sale of select Australian businesses. The group has agreed the sale of its Australian asset finance business, Capital Finance Australia, and its corporate loan portfolio, BOS International Australia, to Westpac Banking Corporation for approximately AUD1.55bn […]
DLA Piper has advised Vocalocity, a provider in the SMB-hosted VoIP market, on the $130m (£82m) sale of its business to New Jersey-based telecommunications provider Vonage Holdings. The transaction is expected to close in the fourth quarter of 2013, subject to customary closing conditions. The DLA Piper team representing Vocalocity was led by Jeffrey Leavitt and Brian Gordon, […]
Public sector workers who are compulsorily transferred to an independent provider of public services will in future be able to retain access to their current public sector pension arrangements, the government has announced. Allen & Overy looks at the new policy and its implications for employers tendering for contracts to provide public services. The new […]
Recent developments have further increased pressure in the EU for safe harbour reform. There is a risk that, in the short term, the Safe Harbor Program will be amended or even replaced by a more burdensome programme. By the end of this year, there will hopefully be more clarity on the future of the Safe […]
DLA Piper has released the 14 October 2013 issue of its Health Alert publication, which focuses on judgments, legislation and reports in the health sector. If you are registered and logged in to the site, click on the link below to read the DLA Piper briefing. If not, please register or sign in with your details below.
Stephen Kitts of Eversheds has commented on the UK’s preparations to cement stronger trade and investment relations with China. Kitts revealed that China has a stated intention to make investments overseas and that its outbound deals are attracting a lot of attention at present. He said: ‘The UK is keen to attract more than its fair share of […]
Welcome to Law à la Mode, the 11th edition of DLA Piper’s quarterly e-magazine from the fashion, retail and design group. Law à la Mode brings together the latest industry news, comment and legal updates. The Fall issue of Law à la Mode is brought to you by DLA Piper’s US editorial team. Highlights include […]
Shoosmiths has been shortlisted in two categories for the Credit Today Debt Collection Awards 2013, with its recoveries service group (RSG) up for Best Customer Initiative and Compliance Team of the Year. Its Best Customer Initiative submission centres on the initiative it has developed to ensure it treats fairly those client customers who are considered vulnerable. Judges will be […]
By Kit Burden There is a noticeable trend for the list of ‘indemnified’ losses in IT and outsourcing contracts to be getting longer and longer. Our commercial and business colleagues and clients can see the lawyers get very hot under the collar in arguing about them, and yet it can be difficult to articulate quite why […]
Audrey Williams, partner and discrimination law expert at Eversheds, has commented on the European Parliament Committee for Legal Affairs and Women’s Rights and Gender Equality vote to endorse a proposal aimed at introducing binding legislation to increase the share of women on company boards. Williams said: ‘While today’s vote is a step forward for the draft directive, before any recommended European […]