k Coronavirus Impact on AGMs Hong Kong By www.eversheds.com Published On :: 2020-04-08 Discover how coronavirus is impacting AGMs for Hong Kong listed companies with this COVID-19 briefing from global law firm Eversheds Sutherland With the recent surge in the number of coronavirus disease 2019 cases in Hong Kong, this has prese... Full Article
k Coronavirus - FCA announces additional measures to aid listed companies with fundraisings - UK By www.eversheds.com Published On :: 2020-04-09 Listed companies and recapitalisation issuances The FCA has announced a series of measures aimed to assist companies in raising additional capital in response to the Coronavirus crisis, whilst at the same time aiming to retain appropriate protection... Full Article
k Coronavirus - General meetings in lockdown Switzerland By www.eversheds.com Published On :: 2020-04-27 The COVID-19 pandemic and the associated "lockdown" poses completely new challenges for Swiss societies. This concerns, among other things, the numerous upcoming annual general meetings, which are usually held between April and June. According to th... Full Article
k Coronavirus - Guidance issued to Remuneration Committees - UK By www.eversheds.com Published On :: 2020-04-30 The Investment Association (IA) has issued guidance to UK listed companies on how to approach executive pay issues during the COVID-19 pandemic. The IA published a Full Article
k Eversheds Sutherland have advised the management team shareholders on the sale of a minority stake in Waterlogic By www.eversheds.com Published On :: 2020-05-07 Eversheds Sutherland have advised the management team shareholders on the sale of a significant minority stake in Waterlogic, a UK-based designer, manufacturer, distributor and service provider of purified water dispensers, to four strong instituti... Full Article
k Eversheds Sutherland has advised Investment House Q.P.S.C. (IH), one of the leading investment banks and asset managers in Qatar By www.eversheds.com Published On :: 2020-05-07 Eversheds Sutherland has advised Investment House Q.P.S.C. (IH), one of the leading investment banks and asset managers in Qatar, in connection with the first private fund in the country to invest in the alternative asset class of commercial shipp... Full Article
k The Property Sector Transformation Code: Estate agents take note By www.eversheds.com Published On :: 2019-08-16 The Property Sector needs to be aware of the Property Sector Transformation Charter Code (“the Property Charter”) as Section 20(1) of the Property Practitioners Bill (“the PPB”) states that: “The Property Sector Transfo... Full Article
k UK Government announces legislation for implementation of a UK digital service tax from April 2020 By www.eversheds.com Published On :: 2019-07-12 Speed brief: On 11 July 2019, the UK Government published legislation confirming its intention to introduce a digital services tax (DST). The key features of this DST are as follows: • 2% tax on revenues (not profit) generated from UK users &bu... Full Article
k New decisions on the admissibility of cookies By www.eversheds.com Published On :: 2019-07-19 There has long been discussion as to whether the use of cookies and other technologies for the purposes of web analysis, tracking and individualised advertising requires the explicit consent of those concerned or whether this can also be based on le... Full Article
k Open Consultation UK Implementation of the European Electronic Communications Code By www.eversheds.com Published On :: 2019-08-07 Precis The Department for Digital, Culture, Media & Sport (“DCMS”) have opened a consultation[1] which seeks stakeholder’s views on the proposed approach to the implementation of the European Electronic Communications Code Dire... Full Article
k Challenging IT resilience some key lessons Bates & Ors v Post Office Limited (No. 6) [2019] EWHC 3408 (QB) By www.eversheds.com Published On :: 2019-12-23 The much anticipated sixth judgment (“the Horizon Judgment”) in the long-running group litigation against the Post Office (“POL”) brought by some 550 current and former sub-postmasters (“the Group Action”),... Full Article
k Changes on the horizon in 2020: China and Hong Kongs proposed reforms to data protection, cyber security and Internet content regulation By www.eversheds.com Published On :: 2020-01-24 2020 looks set to be a significant year for privacy, cyber security and Internet content reforms in China and Hong Kong. On 20 December 2019, the Cyberspace Administration of China released the “Regulation on Governance of Internet Information... Full Article
k Extended Lockdown period - ICT as essential service By www.eversheds.com Published On :: 2020-04-23 On Thursday, 9 April 2020, President Cyril Ramaphosa announced the extension of the nationwide lockdown for an additional 2 weeks, until 30 April 2020. The Companies and Intellectual Property Commission (CIPC) advised that all companies providing es... Full Article
k Local Government Briefing Note 1 of 2013 - December 2012 UK Government Announces Future Changes to the CRC Energy Efficiency Scheme (CRC Scheme) By www.eversheds.com Published On :: 2013-01-14 Many in local government will already be familiar with the CRC Scheme. This is the UK’s mandatory emissions trading scheme aimed at improving energy efficiency and cutting carbon dioxide emissions in large public and privat... Full Article
k UK HR Local Government e-briefing - Today's employment law changes; and what else to expect this year By www.eversheds.com Published On :: 2013-06-26 Today’s employment law changes; and what else to expect this year Various changes to employment legislation take effect today, including amendments to whistleblowing laws. Other changes will follow over coming months. In this briefing we... Full Article
k UK Local Government Pensions speedbrief: Local Government Pension Scheme liabilities on academy conversions By www.eversheds.com Published On :: 2013-07-18 Local Government Pension Scheme liabilities on academy conversionsBackground The treatment of Local Government Pension Scheme (LGPS) liabilities on academy conversions has been presenting significant difficulties for some time, with pension liabilit... Full Article
k UK Public Sector Pensions Speedbrief: All a-Board! Final LGPS governance regulations issued By www.eversheds.com Published On :: 2015-02-02 The Local Government Pension Scheme (Amendment)(Governance) Regulations 2015 were laid before Parliament on 28 January 2015. Issued under the Public Service Pensions Act 2013, these... Full Article
k Local Government Briefing Note 6 of 2015 - Converting failing schools into Academies - a closer look at the Education and Adoption Bill By www.eversheds.com Published On :: 2015-06-17 Background The Government’s latest proposal in reforming the English schooling system was laid before Parliament last week in the form of the Education and Adoption Bill 2015-16 (“the Bill”). The Bill sets out provisions to conver... Full Article
k UK HR and Pensions Speedbrief: Public sector exit pay reform Exit pay schemes must conform By www.eversheds.com Published On :: 2016-09-27 A commitment to reduce public sector termination packages has seen the Government explore various proposals for reform in recent years; from draft regulations seeking recovery of termination payments, to a financial cap upon the amount of any indivi... Full Article
k Your catwalk to the world? .fashion By www.eversheds.com Published On :: 2015-02-10 Brand protection is a key issue for retailers. As brands continue to increase their presence online a key aspect is the protection of brands in domain names. Until fairly recently, the number of generic top level domains (“gTLDs&rdqu... Full Article
k Eversheds Annual Retail Conference 2015 key highlights By www.eversheds.com Published On :: 2015-02-18 On Thursday 12 February Eversheds hosted its annual Retail conference to discuss and debate key topics and issues impacting the sector. Keynote speech, Mike Ahanchian, BRC - The changing face of Retail The Retail conference was kicked off by M... Full Article
k Is the UK fashion sector anti-competitive? Competition and Markets Authority investigation launched By www.eversheds.com Published On :: 2015-03-30 Competition Law E-Briefing: Fashion sector competition probe On Tuesday 24 March 2015, the UKs competition regulator, the Competition and Markets Authority (the CMA), opened an investigation into suspected anti-competitive arrangements in the UK ... Full Article
k UK: Internationally mobile employees Changes to Taxation of Share Awards By www.eversheds.com Published On :: 2015-03-30 The UK is changing the way in which it taxes share options and share awards held by employees who move between countries. Some employees will gain and some employees will lose. As an employer, if you have employees on assignment from overseas or you... Full Article
k Digital wallets what will the future look like for retailers? By www.eversheds.com Published On :: 2015-05-19 This month Visa Europe announced its expansion of V.me, a digital wallet service which will be available to the majority of internet shoppers in the UK before the end of 2015. V.me launched in 2013 following a surge in the use of smartphones and tab... Full Article
k Germany: Bundeskartellamt blocks takeover by food retailer EDEKA of Kaisers Supermarkets, Parties apply for ministerial authorization By www.eversheds.com Published On :: 2015-06-29 On 31 March 2015, the German Federal Cartel Office (“Bundeskartellamt”, BKartA) announced that it has blocked the proposed takeover of approximately 450 Kaiser’s Tengelmann supermarket branches by EDEKA, the leading German food ret... Full Article
k Food / Retail Sector Update: European Commission President calls for review of supermarkets power By www.eversheds.com Published On :: 2015-09-18 On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd... Full Article
k Food / Retail Sector Update: European Commission President calls for review of supermarkets power By www.eversheds.com Published On :: 2015-09-18 On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd... Full Article
k UK Launches Online Platforms Inquiry By www.eversheds.com Published On :: 2015-09-24 On 17 September 2015, the House of Lords EU Internal Market Sub-Committee (the Committee) launched an inquiry into the regulation of online platforms in the EU. The Committee intends to gather evidence on the benefits and problems online platforms... Full Article
k Commission blocks Hutchisons takeover of O2 By www.eversheds.com Published On :: 2016-05-27 On 11 May 2016 the Commission blocked an acquisition of Teléfonica UK’s O2 by Hutchison 3G UK’s Three, casting doubt on the acceptability of ‘four to three’ mergers in the mobile sector. The Commission expressed concer... Full Article
k All change on business rates: 2017 revaluation, Check Challenge Appeal and other developments By www.eversheds.com Published On :: 2016-10-03 The last two years have brought challenging times for ratepayers and there is little respite on the horizon. With the 2017 Revaluation looming, rateable values are likely to increase substantially throughout large swathes of the country. Together wi... Full Article
k Business rates: back to reality (Newbigin v Monk [2017] UKSC 14) By www.eversheds.com Published On :: 2017-03-03 The Supreme Court has overturned the Court of Appeal decision and found in favour of the ratepayer in this much-anticipated business rates case involving the rateability of a property which was undergoing substantial renovation. The ratepayer submit... Full Article
k Competition and Markets Authority publishes updated retail mergers commentary By www.eversheds.com Published On :: 2017-04-25 Introduction The Competition and Markets Authority (“CMA”), the authority responsible for operating and enforcing the UK merger control regime, has published its updated Retail Mergers Commentary (“New Commentary”).1 The CMA ... Full Article
k E-commerce: can luxury brands prevent retailers selling via online marketplaces? By www.eversheds.com Published On :: 2017-07-31 On 26 July 2017, the European Court of Justice (“ECJ”) published an opinion issued by Advocate General Nils Wahl (the “AG’s Opinion”) indicating that luxury brands may prevent retailers from selling via online marketpla... Full Article
k UK CMAs Ping fine appeal may clarify vendor online sales ban law lawyers By www.eversheds.com Published On :: 2017-08-31 Aysha Fernandes, legal director in Eversheds Sutherland’s Competition, EU & Trade group comments on the ramifications of UK CMA’s Ping fine appeal. This article was written by PaRR, the leading provider of inside track on comp... Full Article
k Coronavirus - Block Exemption for the Retail Property Sector South Africa By www.eversheds.com Published On :: 2020-04-03 The Covid-19 Block Exemption for the Retail Property Sector (the “Regulations”) were published on 24 March 2020 in response to the declaration of the National State of Disaster. The Regulations exempt certain agreements or practices with... Full Article
k Shipping: York Antwerp Rules 2016 By www.eversheds.com Published On :: 2016-06-29 A new set of rules, the York Antwerp Rules 2016 (the “YAR 2016”) has been adopted by the Comité Maritime International. They are based on the previous versions of the York Antwerp Rules (the “YAR”) with some nota... Full Article
k Shipping: Worth the risk? USD 100 million case struck out for deliberate failure to give disclosure By www.eversheds.com Published On :: 2016-07-04 Suez Fortune Investments Ltd and another v Talbot Underwriting Ltd [2016] EWHC 1085 (Comm) Introduction On the 15 January 2015, the English Commercial Court handed down a decision that highlights the importance of compliance with disclosure obligati... Full Article
k Rail Technology: The Transport Select Committee makes recommendations for the delivery of the Digital Railway programme By www.eversheds.com Published On :: 2016-11-15 What is the Digital Railway programme? The Digital Railway programme is a Network Rail led initiative to modernise train command, control and signalling systems used on the British railway network with the aim of substantially improving the capabili... Full Article
k Rail regulation: ORR concludes its initial consultation on the 2018 Periodic Review of Network Rail By www.eversheds.com Published On :: 2016-12-01 Background - The 2018 Periodic Review The Office of Rail and Road (“ORR”) has recently published its conclusions (the “Conclusions”) following its initial consultation in relation to the creation of the 2018 Periodic Review ... Full Article
k O.W Bunkers (US update) ING Bank v MV TEMARA By www.eversheds.com Published On :: 2016-12-06 As is common practice now, ING Bank (“ING”) filed a number of cases asserting rights to amounts due and payable to O.W Bunker & Trading A/S (“O.W Bunker) for the provision of bunkers of fuel oil to vessels. These cases in... Full Article
k Interrupting the ticking clock in respect of a counterclaim By www.eversheds.com Published On :: 2016-12-06 It has always been imperative that a claimant keeps at the forefront of its mind that time is ticking and that any claim it wishes to make must be brought in time. The respective time limit may be set out in statute, such as the Limitation Acts or o... Full Article
k Alstom Transport UK Limited v London Underground Limited: Automatic suspension lifted By www.eversheds.com Published On :: 2017-07-11 On 27 June 2017, the court ordered the lifting of the automatic suspension in the case of Alstom Transport UK Limited v London Underground Limited [2017] EWHC 1521 (TCC). The resulting judgment includes some interesting comments on the correct test ... Full Article
k UK: The Fourth Rail Package Significance for the UK Rail Industry? By www.eversheds.com Published On :: 2017-08-10 The Fourth Rail Package, which was introduced between June and December 2016, is a set of six items of EU legislation designed to increase the reliability and competitiveness of European railways in accordance with the EU’s liberalisation agen... Full Article
k UK: Regulation of Network Rail: An update on ORRs PR18 framework consultation, Overall framework for regulating Network Rail: A PR18 Consultation July 2017 By www.eversheds.com Published On :: 2017-08-10 What is the purpose of the Consultation? The Office of Rail and Road (the “ORR”) is engaged in the 2018 regulatory review of Network Rail, known as the 2018 Periodic Review or “PR18”. PR18 will determine what Network Rail mus... Full Article
k PR18 consultation on charges recovering fixed network costs By www.eversheds.com Published On :: 2017-10-10 Background As part of the 2018 periodic review (“PR18”) of Network Rail, the Office of Rail and Road (“ORR”) is reviewing the way in which the charges that operators pay to access the rail network are calculated. This review ... Full Article
k Contestability of the UK Railway Market An update on the Hansford Review By www.eversheds.com Published On :: 2017-10-13 What is the Hansford Review and what is its purpose? Professor Peter Hansford was commissioned by the Board of Network Rail to chair an independent review of “contestability” in the UK Rail Market, with the intent of “encouraging t... Full Article
k Update: The Competition and Markets Authoritys consultation on proposed guidance for the evaluation of competition issues in passenger rail franchise awards By www.eversheds.com Published On :: 2018-02-01 Background The Competition and Markets Authority (“CMA”) has recently published draft guidance on its approach to assessing rail franchise awards under its merger control powers (the “Draft Guidance”)1. The guidance has been ... Full Article
k China's Belt and Road Initiative: Investing in key Belt and Road countries By www.eversheds.com Published On :: 2018-03-06 The Belt and Road Initiative (BRI) is a multi-trillion Chinese led initiative to strengthen trade routes and related infrastructure across over 150 countries worldwide. The initiative covers over 60% of the world’s population in terms of ... Full Article
k Highways England starts its market and supply chain engagement for two major transport projects under the new PF2 approach By www.eversheds.com Published On :: 2018-03-07 Highways England are moving forward with the A303 Stonehenge project (A303) and the Lower Thames crossing (LTC) and will be starting their market and supply chain engagement in March 2018. These projects are two of the largest in Highway England's R... Full Article
k Regulation of Network Rail - ORR publishes its final determination for CP6 By www.eversheds.com Published On :: 2018-11-14 Background The Office of Rail and Road (the “ORR”) has issued its final determination (“Final Determination”) on the regulatory review of Network Rail (“NR”), known as the 2018 Periodic Review (“PR18”)... Full Article