Bruce Dear, head of London real estate at Eversheds, has commented on the prospect of interest rates rising in 2014. ‘Since 2008, the UK economy has been supported by a zimmer frame of 300-year low interest rates. With recovery under way, the trick is to raise rates in small and well-spaced quarter point steps. ‘Pull […]
A collaboration of local authorities recently came together to launch APSE Energy in Parliament. Hosted by Dr Alan Whitehead MP, chair of the All-Party Parliamentary Renewable and Sustainable Energy Group, the keynote address was given by secretary of state for energy and climate change Ed Davey. Among those addressing the meeting was David Kilduff, partner […]
Bruce Dear, head of London real estate at Eversheds, has commented on what could potentially be Europe’s largest property initial public offering (IPO). Dear said: ‘The Spanish market is where the UK was 18 months ago, albeit they have better footballers. Investors suspect the country’s economic pain has peaked and is ready to generate gains. […]
Eversheds partner Ben Moylan has commented following the news that the British government is to be the first Western sovereign to issue a sukuk — an Islamic bond. Moylan said: ‘It is great to see that the UK looks likely to be the first past the post in becoming the first Western sovereign to issue sukuk and […]
DLA Piper’s Heidi Levine, co-managing partner of the New York office and co-chair of the New York mass torts practice, has been honoured by the National Organization for Women (NOW-NYC) at its 2014 Women of Power and Influence Awards dinner on 11 June at the Hilton New York. The annual gala honours women who have excelled in […]
The intellectual property (IP) team at Wragge Lawrence Graham & Co has helped bathroom manufacturer Kohler Mira secure a significant damages award in the Intellectual Property Enterprise Court (IPEC) against competitor Bristan Group. Following last year’s ruling that Bristan Group had copied Kohler Mira’s UK unregistered design rights with its Glee, Joy and Smile shower […]
DLA Piper has announced that Karl Dial will join the firm’s litigation practice as a partner in the Dallas office. Dial is a trial lawyer who handles complex business and commercial litigation. He represents directors and officers in securities class actions, derivative cases and proxy solicitation claims. A CPA, he also has significant experience representing […]
DLA Piper has represented Measurement Specialties, a global designer and manufacturer of sensors and sensor-based systems, in its agreement to purchase Wema System AS for approximately $114.5m (£67m). Wema System AS is a specialist in the development, manufacture and supply of fuel and AdBlue/DEF level and quality sensors for on-road and off-road commercial vehicles. The acquisition […]
Despite Pfizer’s recent bid for Astra Zeneca ultimately falling flat, the pharma frenzy continues. Medical device and equipment maker Medtronic has just announced plans to acquire Irish rival Covidien for a whopping $42.9bn with a little help from advisers Wachtell Lipton, Arthur Cox, Cleary Gottlieb and A&L Goodbody. Companies looking to the float have seen […]
The World Cup hasn’t been the only talking point this week. In today’s issue, DLA Piper global co-chief executive Sir Nigel Knowles reminds us that the legal sector remains fragmented: there are simply too many firms offering services without any clear differentiation. But what’s a firm to do in this new more-for-less world? How can […]
Fieldfisher tax and structuring head Graeme Nuttall is among a small group of lawyers to have been named in this year’s Queen’s Birthday Honours list, becoming an Officer of the Order of the British Empire (OBE). Nuttall receives the commendation “for services to employee ownership, employee share schemes and public service mutuals”. The honour follows […]
Want to know what the future looks like? Allow these market-leading KM experts to tell you all about robo-lawyers, the use of AI, and the on-going importance of the telephone directory. On Monday 30 June The Lawyer Management Guide: Delivering Legal Services Differently will be published. This will quite simply be the most extensive report […]