Post-Brexit recognition of English insolvency judgments in Luxembourg and its effects on European restructurings | Loyens & Loeff

European distressed debtors and creditors face uncertainty regarding English law-governed debt and, more generally, their overall restructuring strategy. This uncertainty arises against the backdrop of the UK’s imminent departure from the EU, the Covid-19 pandemic and turbulent markets. Many major out-of-court or in-court European debt restructurings use English law governed loan debt and Luxembourg-based debtors, …

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Measures to mitigate the effects of the coronavirus pandemic on the Austrian economy | fellner wratzfeld partner

On 16 March 2020, the Austrian government imposed drastic measures to contain the SARSCoV2 virus, commonly known as Covid-19. The international Covid-19 crisis resulted in a seven-week complete lockdown in Austria, with only ‘critical infrastructure’ such as banks, supermarkets, pharmacies and hospitals remaining open for business. Simultaneously, the Austrian government applied several economic measures, attempting …

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Changes to the bankruptcy and restructuring legal framework in Oman | Al Busaidy, Mansoor Jamal & Co

While it has been in place since 1990, the legal framework governing bankruptcy and restructuring in Oman underwent a qualitative change in 2018 and 2019 with the issuance of the new Criminal Law (Royal Decree (RD) 7/2018) (the Criminal Law) and the Bankruptcy Law (RD 53/2019) (the Bankruptcy Law), which may have a significant impact …

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Merge well, merge wisely: getting the deal through | Haver & Mailänder

In order to merge well, one must merge wisely. This requires the application of a two-step approach: first, a methodically conducted preparation of the filing by close interaction with all parties involved (both on factual and legal grounds), and secondly, a notification procedure which is being handled in a responsible, transparent and trustworthy manner vis-à-vis …

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UK collective actions on the rise | Linklaters

The UK’s collective redress procedure (introduced on 1 October 2015) got off to a slow start but has been picking up pace over the last couple of years. At the time of writing, there have been nine applications for certification, only two of which were commenced before 2018. The seven actions commenced since May 2018 …

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Appealing a decision by the CMA in a merger review | Linklaters

Contentious competition proceedings are on the rise. At Linklaters, our dedicated competition litigation team has been busy dealing with a marked increase in the number of judicial review actions challenging regulatory decisions, in particular in recent times in relation to merger decisions and related procedural infringements, with collective actions also on the rise in the …

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The board of the future | DAC Beachcroft

Lockdown was, and it’s aftermath is, the leadership challenge of a generation. Our world has not just been shaken; it’s been permanently shifted. The pandemic has firmly put the quality of business leadership under the spotlight. Senior members of legal departments, board members or not, have an organisation-wide perspective on how businesses are adapting. Informed …

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Significant matters – Autumn 2020

Sainsbury’s makes cuts to adviser panel Herbert Smith Freehills and DAC Beachcroft were among the firms to win spots on Sainsbury’s most recent legal panel, with the supermarket chain cutting its roster by a third with 11 spots reduced to eight.

Change has come – do the right thing, right now

New Law is as a breed still a lot better at promise than delivery, particularly on claims of providing better value than law firms.

James Stebbing – Six Nations Rugby and the British & Irish Lions

James Stebbing talks to The In-House Lawyer about breaking into sports law, working with two of rugby’s best-loved sporting brands and what the Covid-19 pandemic means for next year’s South African tour and beyond.