South West firm Temple Bright has secured an inaugural instruction for its London office, advising on the acquisition of web developer Red C by brand agency FM Group. The London office was opened earlier this year in March 2013 and marked Temple Bright’s first expansion outside of its Bristol headquarters. The Shoreditch office currently has […]
Freshfields Bruckhaus Deringer global managing partner Ted Burke is leaving the firm to become general counsel and COO of Boston private equity firm Arclight Capital Partners. The US-born Burke will step down from the role in the first quarter of 2014, a year earlier than expected. His mandate was due to expire in 2015. Burke […]
How much difference can a deal make? Just ask Slaughter and May or Macfarlanes. Thomson Reuters has released its deal value data for 2013 so far, and the two firms are leaps and bounds ahead of their UK competition. They have also shot up the worldwide table for M&A deals to date in 2013, ringing […]
Eversheds has advised mid-market private equity investment company Equistone Partners Europe on its investment in Whitworths, a UK supplier of dried fruit, nut and seed products. Equistone has taken a majority stake in the transaction, with the business valued at £90m. Whitworths, a Northamptonshire-based company founded in 1886, supplies branded and own-label dried fruit, nut and seed products, […]
DLA Piper has received the San Diego Volunteer Lawyer Program’s (SDVLP’s) 2013 Sustaining Justice Award, which recognises a local law firm that has provided extensive pro bono support to the organisation. Jeffrey Isaacs, immediate past president of the programme, paid tribute to the firm, citing its pioneering pro bono work and civic roots. Jay Jeffcoat, […]
DLA Piper has announced that the firm is relocating its Wilmington office to a 23-storey office building at 1201 North Market Street on 30 September. The building is the tallest in the state of Delaware and includes as its tenants CAI Inc and Brown Advisory. DLA Piper will occupy 17,050ft² (1,584m²) of office space on […]
By Svitlana Musienko and Dmytro Donets Ukraine’s major transfer pricing reforms took effect on 1 September 2013. Generally, the new rules are OECD based, although some exceptions exist. While these new and technically complicated rules represent untested waters for all stakeholders, it is uncertain whether Ukrainian tax payers may rely on the local judiciary system to protect […]
On 6 September 2013, the minister for women and equalities published a statement on the outcome of the review. As many of you will recall, the need for and workability of the Public Sector Equality Duty imposed by the last government has received much debate, in particular as to how it would sit in the […]
The English court has held that a contractual requirement for an indemnified party to notify its indemnifier of a relevant claim within 20 business days did not operate as condition precedent to compensation under the indemnity. Under contracts governed by English law, an indemnity is a contractual promise made by the indemnifying party to the indemnified […]
Vinson & Elkins is relocating Beijing-based energy partners Paul Deemer and Rob Patterson to London and Moscow respectively in a further reduction of its Chinese capabilities. The relocations follow the firm’s decision in July to close its Shanghai office (12 July 2013). The two partner moves will furthur reduce Vinson & Elkins’ China presence to […]
On 11 September, the European Commission vice-president and EU digital agenda commissioner, Neelie Kroes, revealed a new reform package for telecommunications services. The legislation is intended to enable a single market for telecoms services in the EU in order to accelerate economic growth, create jobs and restore Europe’s leading role in mobile technology. Although good […]
With offerings provided ‘as a service’ becoming increasingly prevalent, more lawyers in both private practice and in-house will be seeing cloud-related contract terms and wondering what to do with them; are they really negotiable and to what extent? Are supplier positions reasonable? Certainly in the initial ‘launch’ phase of cloud offerings (i.e. those offered on […]