Issues

European Technology Index 2014: technology — an engine for growth?

In 2012, in light of the euro crisis and uncertainty of a double-dip recession, DLA Piper launched the first Tech Index survey. This was to review the perceptions and attitudes of European technology growth in light of market events and shifts, the financial regulatory landscape and government policies aimed to spur business innovation. This year’s […]

Slaughters consolidates position as top adviser to listed clients

Slaughter and May has taken the latest Adviser Rankings crown for the most stock market clients, with 27 more than nearest contender Pinsent Masons. It must have been tears of joy around the winners’ table for Slaughters, which boosted the market cap of its listed clients by 7.8 per cent from £79.1bn to £85.2bn in […]

New structures
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Gunnercooke founder: ‘At Addleshaws and DLA I made a lot of money but it wasn’t pleasant’

Gunnercooke founder Darryl Cooke is an ABS fan but worries his firm will be stigmatised for turning its back on the LLP structure. Darryl Cooke, who launched the Manchester-based corporate boutique Gunnercooke back in 2010, is passionate about the opportunities that the Legal Services Act (LSA) threw open to the market. But there is an unmistakable […]

birmingham
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Hogan Lovells to launch onshore low-cost centre in Birmingham

Hogan Lovells is to open a low-cost legal centre in Birmingham headed by its former global private equity head Alan Greenough.  Greenough, who was initially expected to retire from the firm after stepping down as private equity co-head in December (23 December 2013), will relocate to Birmingham to manage the 20-lawyer office. UK head Susan Bright said […]

Italy real-estate update — February 2014: new rules on the payment of purchase prices in real-estate asset deals

Paragraphs 63 through 67 of section 1 of the Law no. 147 of 27 December 2013 (the so-called ‘Stability Law’) introduced certain new provisions applicable to the payment of the purchase price in real-estate transactions. The aforementioned law, in a nutshell, introduces a system that, similarly to what occurs in certain foreign jurisdictions (for example […]

UK businesses should expect greater scrutiny on environmental offences, says Eversheds

Eversheds associate Alison Messenger has commented following the publication of UK sentencing guidelines for environmental offences. Messenger said that, as already seen from a number of recent Court of Appeal cases, companies can now expect much greater in-depth scrutiny of their behaviour and their accounts before and at any sentencing hearing, particularly where they have a previous […]

Khristy Spyrou and Myria Agathocleous become Pamboridis partners

Khristy Spyrou and Myria Agathocleous have been unanimously voted to be partners of Pamboridis. Spyrou got her degree from the university of Thessaloniki. After completing her pupillage, she joined the firm of Polyviou & Co as a litigator. In 2008, she joined Pamboridis’s corporate department, where she deals with commercial contracts, mergers and acquisitions and general […]

Profitability of payday lending companies revealed

By Ray Watson The Competition Commission’s working paper on the profitability of payday lending companies has been produced as part of an extensive investigation into the payday lending market, which began in June 2013 and is to continue for two years. Interest income declined as a percentage of overall income from 90 per cent in […]

DLA Piper represents Berlin airport in landmark state aid case

DLA Piper has successfully advised Flughafen Berlin Brandenburg (FBB) before the European Commission in a long-running case relating to state aid. The European Commission has concluded that certain measures at Berlin Schönefeld airport do not constitute state aid and, as a result, the commission has reached an important landmark decision for the industry, which will […]

DLA Piper advises Fosun International on strategic partnership with Secret Recipe

DLA Piper has advised Fosun International on its ¥210.5m (£20.5m) investment in and strategic partnership with food and beverage chain Secret Recipe, to become the second-largest shareholder of Malaysia’s well-known restaurant chain. Established in 1997, Secret Recipe is south-east Asia’s largest casual dining chain group, with more than 300 restaurants across Asia. It also holds […]