Dogged by corruption and political instability, Turkey has seen a fall-off in its foreign M&A lifeblood. But there is potential in closer ties with Iran Protestors eager for political change have stirred up a degree of nervousness in Turkey over the past year but the legal market managed to stay solid, with strong interest from […]
Giulia di Tommaso at Unilever Italy epitomises the changing face of Continental in-housers, as companies recognise the strategic value that lawyers can bring The development of the in-house market in Europe is lagging behind that of the UK’s. While European general counsel are gradually gaining influence, many do not yet have the clout of their […]
Conventional wisdom runs that those in their 40s (or even early 50s) will have to work until they are about 105 before being able to afford to retire — and then only provided they live for no more than another five minutes. But some UK civil servants are still looking to take voluntary redundancy around […]
When the Alternative Investment Fund Managers Regulations 2013 were first published, existing managers had to submit their authorisation/registration applications to the Financial Conduct Authority (FCA) in sufficient time to allow the FCA to determine them before 22 July 2014. That date has now slipped. The new position is that an existing manager must submit its […]
The idea behind automatic pension enrolment is simple — all UK workers should be in a good pension scheme unless they actively choose not to be. Unfortunately, the actual requirements applying to employers are not simple. There are a lot of individual components to get right, and they all interact. It’s all too easy to focus […]
The government has published the eagerly anticipated Model Services Contract. It replaces the OCG Model ICT Contract version 2.3, which has been in existence for around five years. Sarah Sasse and Alexi Markham from Wragge & Co worked with an inter-departmental Lawyer’s Working Group and in conjunction with policy colleagues in the Cabinet Office to […]
The UK is the one of the world’s deepest and most liquid pools of investable real estate and has long been regarded a safe investment environment by investors. Mirroring the improvement in the UK economy as a whole, the pace of the UK’s commercial real-estate (CRE) market picked up significantly throughout 2013 and exceeded many […]
By Bruce J Wein, Gerald Rokoff, David D Luce and Michael Greenberg On 5 February 2014, the US District Court for the District of Columbia held that the federal excise tax (FET) on insurance and reinsurance premiums does not apply to retrocession insurance transactions. Under a plain reading of the statute, the court reasoned, premiums […]
DLA Piper has released the latest issue of The Financial Report, which includes discussion and analysis, news from the Americas and Europe, US Securities and Exchange Commission developments, US banking developments and more. Contents Discussion and analysis News from the Americas News from Europe Global regulators US Securities and Exchange Commission developments US Commodity Futures Trading […]
A cross-discipline team from Gateley has advised management on its recent buyout of cruise specialist Reader Offers. The team advising on the deal was led by corporate partner Chris Reed and banking associate James Dyson, assisted by corporate solicitor Anna Crichton and trainee solicitor Harriet Eales. The management buyout forms part of Reader Offers’ ongoing […]
On 1 October 2013: the adult rate increased by 12p to £6.31 an hour; the rate for 18- to 20-year-olds increased by 5p to £5.03 an hour; the rate for 16- to 17-year-olds increased by 4p to £3.72 an hour; the apprentice rate increased by 3p to £2.68 an hour; and the accommodation offset increased […]
Collyer Bristow has announced an upcoming seminar on post-termination restrictions. Set to take place in March, the seminar will also explain how employers can protect their businesses. The law firm will use a case study based on a real High Court claim to consider how businesses can best protect themselves when an employee leaves and […]