DLA Piper has advised Oakley Capital Private Equity and its fund OCPE II Master LP on the acquisition of a majority stake in marine technology group North Technology Group LLC (NTG). The total enterprise value for the business was $131m (£79m) and the consideration was funded by an equity investment of $62m along with equity […]
DLA Piper has launched a report entitled ‘Towards a Greener Future’, which reveals that the market demand from occupiers is the driving force behind delivering sustainable real estate. The report surveyed European real-estate investors and documents trends in sustainability and green certification in the real-estate market, highlighting its increasing importance. Real estate is responsible for […]
On 9 November 2013, the PRC State Council released the revised reporting requirements for ‘PRC residents’ in relation to their cross-border receipts and payments as well as foreign assets and liabilities (Order of the PRC State Council No. 642 outlining the ‘Decision of the State Council on Amending the Measures for Reporting of Statistics on […]
Eversheds has appointed pensions lawyer Steven Hull as a partner in its London headquarters. Hull joins the firm from Ashurst where he was a partner and head of the pensions department. With more than two-and-a-half decades of experience, Hull has a range of expertise in a variety of pension-related matters. His expertise includes pension scheme […]
Finance lawyers at Walker Morris have advised waste specialist company Augean on its £15m refinancing. The increased funding will help the specialist waste management business to drive growth by expanding its range of services and capabilities. Ian Akitt led the Walker Morris team.
It involves the state, the media, the monarchy and the judiciary. No wonder today’s Court of Appeal judgment over Prince Charles’s infamous “spider letters” has racked up headlines. A Guardian journalist’s fight to publish the prince’s correspondence with Government ministers has been a long and tumultuous one. The Government has battled to keep the prince’s […]
Freshfields Bruckhaus Deringer has appointed founding US litigation group partner Adam Siegel as its new US managing partner. Siegel will take up the role in April 2014, succeeding outgoing head Julian Pritchard, who was crowned US head in 2009 (30 July 2009). Pritchard took up the role in the same year Siegel joined Freshfields from […]
Davis Polk & Wardwell and Chinese firm Han Kun have advised Chinese internet giant Tencent on its strategic partnership with online retailer JD.com. Shenzhen-headquartered Tencent has agreed to pay $215m (£130m) for a 15 per cent stake in JD.com, which is planning to launch an IPO in the US that could raise $1.5bn. It is […]
DLA Piper is the world’s largest law firm, employing around three zillion lawyers on every continent. So it knows a thing or two about what needs to be done to keep such a behemoth running. It also knows all about bureaucracy and the problems a top-heavy leadership structure can cause. Just last month the firm […]
The Court of Appeal (CoA) has said a Guardian reporter should be able to see contentious secret letters written by Prince Charles to the Government, quashing an order by the Attorney General to avoid revealing them. In a judgment handed down this morning (12 March) the CoA said the attorney general Dominic Grieve QC acted […]
Ailing Manchester firm Linder Myers is close to completing a deal with consultancy Assure Law to restructure its debt. Linder Myers filed its notice of intention to appoint administrators at the Manchester District Registry Court on 6 February (6 February 2014). It is thought to be the first time a deal of this sort has […]
Allen & Overy has updated its Access Assist iPad app, which is designed to help businesses of all kinds deal with requests for access to the personal data they hold, whether relating to employees, customers or others. Access Assist is a free Q&A tool supported by targeted summaries of applicable law, legislation, case law and […]