GT London Law Blog

GT London Law Blog

Legal Advisers for a Changing World

Tag Archives: Greenberg Traurig Maher

The Revised Brexit Withdrawal Agreement and Political Declaration and Their Impact on UK Environmental Standards

Posted in Brexit, Environmental, GT Alert, International Law
An important difference between UK Prime Minister Boris Johnson’s Withdrawal Agreement and former Prime Minister Theresa May’s Withdrawal Agreement is that provisions relating to environmental protections have been removed and are now to be found in the amended Political Declaration. While the Withdrawal Agreement, once ratified, would be a legally binding treaty between the UK… Continue Reading

Brexit: Unlawful Prorogation Means Continued UK Parliament Scrutiny of Brexit Plans

Posted in Brexit, EU Withdrawal Agreement, GT Alert, No-deal Brexit
In a historic decision issued 24 September 2019, the UK Supreme Court ruled that the UK prime minister, Boris Johnson, acted unlawfully when he advised the Queen to prorogue, or suspend, the UK Parliament for five weeks, until 14 October 2019. The effect of the very clear and unanimous decision of the 11 Supreme Court judges… Continue Reading

Brexit: Political Impasse After UK Parliament Votes to Block October 31 No-Deal Departure From EU

Posted in Brexit, Government, GT Alert, International Trade, No-deal Brexit
Our last GT Alert on Brexit quoted the saying, “a week is a long time in politics”. New Conservative Prime Minister Boris Johnson has found that a mere 72 hours is an eternity as he seeks to break the political impasse on the terms of the UK’s exit from the European Union – so far,… Continue Reading

‘Above & Beyond’? Serious Fraud Office Issues Corporate Co-Operation Guidance – Part I

Posted in Corporate, criminal law, GT Alert, Serious Fraud Office, sfo, White collar
The UK Serious Fraud Office (SFO) has issued its long-awaited guidance on corporate co-operation. For the first time in one place, the SFO has set out what in its view are ‘indicators of good [co-operation] practice’ for companies under investigation. This is a helpful clarification. In its own words the SFO defines co-operation as going… Continue Reading

Beware of Strangers Bearing Gifts: UK ‘Business Integrity Initiative’ Aims to Support the Anti-Corruption Efforts of SMEs

Posted in Bribery Act 2010, Corporate, criminal law, Government, GT Alert, International Trade, National Crime Agency, Serious Fraud Office, sfo, White collar
The UK government’s Anti-Corruption Newsletter for Summer 2019, supported by ‘Anti-Corruption Champion’ John Penrose, MP for Weston-super-Mare, covers the latest developments in anti-corruption over the last quarter. Two reported highlights illustrate the government’s steadfast approach to issuing new statutory guidance for both large corporates and small UK businesses. However, the latter category could receive subsidised… Continue Reading

Brexit: Can the Remainers Stop a No-Deal Brexit?

Posted in Brexit, EU Withdrawal Agreement, GT Alert, No-deal Brexit
Brexit has driven fault lines through British politics as seen at no time since the 1680s. Fervent ‘leavers’ and fervent ‘remainers’ can be found in both of the main political parties, although most favour various compromise options in between. This is reflected in the composition of the UK Parliament and has resulted in an impasse,… Continue Reading

Breach of Warranty Claims – Teoco UK Limited (Claimant) v Aircom Jersey 4 Limited and Aircom Global Operations Limited (Defendants) [2015] EWHC (Ch)

Posted in Corporate, M&A
In the recent case of Teoco UK Limited v Aircom Jersey 4 Limited and Aircom Global Operations Limited [2015] EWHC (Ch), the High Court considered the validity of breach of warranty claim notification letters. Facts The claimant acquired two companies and their subsidiaries from the defendants. In the sale and purchase agreement (“SPA”) the defendants… Continue Reading

The UK Votes to Leave the European Union

Posted in Antitrust Trade & Regulation, Brexit, Competition Law
The UK voted yesterday to leave the European Union. The timetable for the UK’s exit, the terms of exit, and the UK’s post-exit relationship with the European Union (EU), are still to be determined, which will take time. Until these issues are clarified, firms with a UK presence, or UK customers, will have to address… Continue Reading

STOP PRESS: E-commerce in Europe – significant regulatory changes proposed – impact on companies conducting online business in the EU

Posted in Intellectual Property & Technology, Regulatory
The European Commission (“Commission”) has today published a significant package of measures designed to eliminate barriers to cross-border e-commerce in the European Union (“EU”).  These will impact on any companies whose products or services are sold online to consumers in the EU as well as on resellers and companies providing platforms for such sales. The… Continue Reading

Legal Update: Directors’ Duties – Eclairs Group Limited & another (Appellants) v. JKX Oil & Gas Plc (Respondent)

Posted in Corporate
In the recent case of Eclairs Group Limited & another v. JKX Oil & Gas Plc [2015] UKSC 71, the Supreme Court considered the duty of directors to exercise powers “only for the purposes for which they are conferred” (s171 of the Companies Act 2006 (CA 2006)). Facts Eclairs and Glengary were shareholders in JKX… Continue Reading

Changes to the EU’s REACH Regime May Increase the Administrative Burden on Prospective Registrants

Posted in Environment
On 6 January 2016, the European Commission published the Implementing Regulation 2016/9 on the joint submission of data and data-sharing (the Regulation). Concerns have been raised that the Regulation is likely to increase the administrative burden that prospective Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regime registrants are subject to. The Regulation is intended to… Continue Reading

Major Changes Introduced to Corporate Law by the Small Business Enterprise and Employment Act 2015

Posted in Corporate, Employment law
Introduction The Small Business, Enterprise and Employment Act 2015 (the “Act“) received Royal Assent on March 26, 2015 and marks the single biggest change to company law since the Companies Act 2006 (“CA”). It will be phased in over the course of the next 12 months. Although the Act’s title implies that it will only… Continue Reading

UK Businesses’ Understanding of Competition Law

Posted in Competition Law
The Competition and Markets Authority (CMA) has recently published the findings of research it commissioned to examine UK businesses’ understanding of competition law.  The aim of the research was to gauge businesses’ awareness of competition law, their understanding of anti-competitive behaviours and the resulting penalties, businesses’ preferred sources of information about compliance, and the awareness… Continue Reading

Gillian Sproul to Join Greenberg Traurig Maher

Posted in New Hire
London – 30 April 2015 – Highly regarded antitrust litigation and competition attorney, Gillian Sproul will join Greenberg Traurig Maher LLP, the London office of international law firm Greenberg Traurig LLP, as a shareholder in the firm’s Antitrust Litigation & Competition Practice. Gillian joins from Mayer Brown JSM. Gillian brings depth to the Greenberg Traurig… Continue Reading

Welcoming Joel Wheeler to Greenberg Traurig’s London Office

Posted in New Hire
Internationally acclaimed corporate lawyer Joel Wheeler has joined the London office of international law firm Greenberg Traurig, LLP, as a shareholder in the firm’s Corporate & Securities Practice. Joel had most recently served as a partner in Crowell & Moring since 2009, based in its London office. His practice focuses on a wide range of… Continue Reading

UK Government Relaxes the Rules Restricting the Words Used in Company Names

Posted in Government
On 27 February 2013 the UK Government launched a consultation, the ‘Consultation on the Company and Business Names 2013’ (the “2013 Consultation“) to review the list of ‘sensitive’ names that companies must get approval for before they can be used.  Following the 2013 Consultation, the UK Government has decided to relax the rules restricting company… Continue Reading

Completion Accounts: What Dealmakers Should Know

Posted in Corporate
By Henrietta Walker and H. Andrew Ross In the recent case of Shafi v Rutherford [2014] EWCA Civ 1186 (Shafi), the U.K. Court of Appeal was asked to examine an appeal from the High Court regarding the interpretation of a completion accounts mechanism, a commonly used price adjustment process in company and business acquisitions. The… Continue Reading

Private Equity: Cross-border acquisition structures in the line of fire?

Posted in Private Equity, Tax
Written by Graham Iversen. Proposed changes to international tax rules could have a major impact on private equity structures In a discussion document published on 21 November 2014, the Organisation for Economic Co-operation and Development (the OECD) has acknowledged an issue which has been causing increasing concern in the international private equity community. As many readers… Continue Reading

British Government tells recruitment agencies to look local

Posted in Employment law
The British Government has recently published its response to a consultation on whether recruitment agencies should be banned from advertising vacancies in other European Economic Area (EEA) countries without also advertising them in Great Britain and in English. The present legislation regulating British-based recruitment agencies is silent on where, and in what language, British-based vacancies… Continue Reading

Obesity: Grounds for Unlawful Discrimination?

Posted in Employment law
Written by Dorothé Smits and Johan Nijmeijer. According to Eurostat, during the last decade, the population that is overweight in the European Union (EU) Member States has increased significantly, which has resulted in more than half of the EU population being overweight or obese. Last year the European Court of Justice (ECJ) was asked in a preliminary ruling in… Continue Reading

Legal Update: De facto vs shadow directorships

Posted in Corporate
In a recent case, Smithton Ltd v Naggar [2014] EWHC 680 Ch, the Court of Appeal reconsidered the difference between de facto and shadow directors. A de facto director is a person who performs the functions of a director but who has not been formally appointed as such (s250 Companies Act 2006 (“CA 2006”)). Whereas,… Continue Reading