Former Herbert Smith Freehills’ Singapore partner John Dick has joined Ernst & Young Singapore as a partner as the “big four” accounting firm mulls legal services launch. Dick has joined Ernst & Young Singapore as a partner, focusing on energy and resources, M&A and foreign investment in the South East Asia region. He has been […]
Pannone has put more than 100 people on notice of redundancy since the firm agreed to press ahead with a tie-up with Australian-listed Slater & Gordon. While Pannone refused to confirm the figures, insiders indicated that a consultation involving over 100 staff is underway with a completion deadline of the 31 January. Slater & Gordon […]
Nabarro has advised on Jordans first utility-scale onshore wind farm amid growing demand for energy in the region. The Jordan Wind Project Company (JWPC) has now signed the financing agreement to begin construction of the the $290m Tafila wind farm. The developer consortium consists of a group comprising EP Global Energy, the Euro-Mediterranean fund Inframed and Masdar […]
There’s no denying that 2013 has been a stellar year for the TMT sector. The enormous £84bn Vodafone / Verizon deal practically blew every other M&A deal out of the water, with Liberty Global’s £14.9bn acquisition of Virgin Media also making a considerable splash. It’s hardly surprising then, that one of the biggest listed company […]
In March 2013 the European Commission consulted on proposals to simplify procedures under the EU merger regulation. The proposals received heavy criticism from respondents to the consultation, who disputed whether the measures would actually result in reduced burden for business. Despite this, the European Commission ploughed ahead with its reforms, and has now, albeit with […]
Allen & Overy tax partner Lydia Challen has written an article for British Tax Review as part of its analysis of the Finance Act 2013 provisions. Challen’s article is on the loss provisions including: the measure to correct the UK’s breach of EU law established by the Philips Electronics case; the provision that stopped planning relating […]
By Jim Holding, Lyndon Masters and Daniel McGuiness The Australian Securities and Investments Commission (ASIC) has announced that its new $43.7m (£24.2m) next-generation market surveillance system has become operational. The system, known as Market Analysis Intelligence (MAI), will allow ASIC to monitor up to one billion order changes per day. On this basis, MAI will have sufficient […]
By Mark Burgess, Simon Gough, Paul Rutherford, David Thompson and Richard Woolich We set out below a summary of key items of interest announced by the chancellor in the UK Autumn Statement. Corporate tax rates: the government remains committed to reducing the main UK corporation tax rate (currently 23 per cent) to 21 per cent from April 2014 and […]
DLA has released its latest health alert, which includes judgments from Australia, New Zealand, the UK, US and Canada, as well as legislation and reports… If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign […]
On 4 December 2013, the High Court judgment in Apotex Pty Ltd v Sanofi-Aventis Australia Pty Ltd & ors [2013] HCA 50 was delivered. This is the first occasion that the High Court has considered whether methods of medical treatment of the human body are patentable inventions within the meaning of section 18(1) of the […]
This is the fifth quarterly report of the independent athletics integrity monitor (Monitor) pursuant to section III of the Consent Decree between the National Collegiate Athletic Association (NCAA) and the Pennsylvania State University (Penn State or the University), and article IV of the Athletics Integrity Agreement (AIA) among the NCAA, Penn State, and the Big […]
Elizabeth Shepherd, head of environment, and Greg Hammond, head of international oil and gas at Eversheds, have commented following the UK chancellor’s announcement in the Autumn Statement on further tax incentives for shale gas investments. Shepherd said: ‘There is no doubt of the UK government’s intention to attract global shale gas operators with today’s announcement, […]