Partner remuneration should contribute to a positive culture and transparent business practices, not be fixated on PEP The PEP great debate – which never really goes away, of course – is back with a vengeance. But let’s step back for a moment from arguments about apples and pears; about manipulation, definitions of equity partners and […]
Service is the name of the game for Steven Webb, GC at IT distributor Premier Farnell If there is one thing you learn as the head of legal at a business that sells 600,000 products from 3,000 suppliers to a couple of million customers in 150 countries, it’s that customer service matters. For Steven Webb, […]
Move of the week FTSE 250 outsourcer Serco has hired BT Global general counsel David Eveleigh as its legal chief. Eveleigh, who has been with BT since 2001, has held a number of roles at the telecoms giant, including chief counsel at BT global services and general counsel for BT Americas, which saw him work […]
Leeds has taken a harder knock from the slump than its regional peers, with firm headcounts falling behind Manchester. But rejuvenation plans are brewing The Leeds financial and professional services market is, statistically speaking, the largest in the UK outside London. It employs around 9,400 people, according to TheCityUK. But in the past few years, […]
The latest offshore deals comprise a few firsts, including a groundbreaking hybrid mutual in Bermuda and the largest ever catastrophe bond issuance CORPORATE Bermuda African Risk Capacity Insurance Company April 2014 The African Risk Capacity Company is the first of its kind in Bermuda, valued at $135m (£79m). It is a specialist hybrid mutual insurance […]
The Cayman Islands dominates the offshore world, but can it maintain its leading position? The Cayman Islands is the quintessential offshore jurisdiction. Tax-neutral, with a government and financial regulator keen to keep up with the latest developments in the financial services sector, Cayman has ridden out the financial crisis and a considerably intensified focus on […]
As recently as 2006, tweeting was the exclusive preserve of birds; and little more than a decade ago, Mark Zuckerberg was a 19-year-old Harvard student having a lot of problems dating girls. Today, there isn’t a human being in the developed world – and very few in the emerging economies – who hasn’t heard of […]
Two senior lawyers from Eversheds — corporate partner Aleen Gulvanessian and data privacy expert Liz Fitzsimons — recently spoke at Practical Law’s inaugural Retail Law Forum, a conference addressing the multi-faceted issues confronting retail businesses on a daily basis. Gulvanessian examined mergers and acquisitions (M&A) as a strategy for growth and survival in the retail […]
The recovery in global M&A markets is developing a broader base, according to Allen & Overy’s latest M&A Index. Led by the technology, media and telecommunications (TMT) and life sciences sectors, confidence has filtered through to increasing not only volumes and valuations but the strategic drivers behind them as well. Corporates are looking to use […]
The retail team at Wragge Lawrence Graham & Co has helped negotiate a significant extension to an existing high-profile agreement between eBay and Argos. The team originally advised the high-street retail group on the 2013 pilot agreement between the parties, which gave eBay’s customers the option to collect goods purchased from eBay sellers from one […]
Corporate lawyers from Walker Morris have advised nominated adviser and broker WH Ireland in connection with the placing of shares in Software Radio Technology on AIM to raise more than £1.5m. Bath-based SRT specialises in automatic identification systems and sophisticated maritime communications and tracking technologies. The Walker Morris team comprised Richard Naish and Oliver Duke. […]
With the government preparing to claim back up to £7bn from tax avoidance schemes in the coming weeks, Simon Concannon, international tax adviser at Walker Morris, has warned anyone who receives an accelerated payment of tax notice to act fast. HMRC is planning to issue up to 45,000 notices to individuals and companies requiring them […]