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07 September 2020

London International Disputes Week 2020

We are pleased to announce that London International Disputes Week (LIDW) is returning for a second year in September 2020. Herbert Smith Freehills is proud to be associated with this key event, which celebrates London as a global centre for dispute resolution. 7 – 11 September 2020 For more...
06 July 2020

Paris Arbitration Week 2020

Herbert Smith Freehills is delighted to be supporting Paris Arbitration Week (PAW) 2020, which takes place between 6 and 10 July 2020.
05 May 2020

Alumni: The Grand Reunion - London 2020

We are delighted to invite you to The Grand Reunion: London 2020
06 April 2020

COVID-19: People: Job Retention Scheme (UK)

HMRC announced a Coronavirus Job Retention Scheme on 20 March and published initial guidance on 26 March. Further details were added to the guidance on 4 April and the latest version is available here . The scheme sets out when employers can claim reimbursement for a proportion of employee earnings...
06 April 2020

COVID-19: Pressure Points: The impact on private equity (China)

Amidst the challenges of delayed deals, volatility and weakened buyer appetite, market players are cautiously predicting that the COVID-19 crisis may trigger increased activity for Asia’s cash-rich private equity funds – once the human and economic impact of the outbreak subsides.
06 April 2020

COVID-19: People: Key issues for UK employers

The COVID-19 outbreak is clearly a matter of major concern for employers given the impact on their staff and business. At the start of the outbreak, the employer's legal duty of care to provide a safe place to work primarily meant communicating with staff on hygiene advice and updating and...
06 April 2020

COVID-19: Pressure Points: FCA issues ‘Dear CEO’ letter with update to retail firms (UK)

The Financial Conduct Authority (FCA) has issued a ‘Dear CEO’ letter (the letter) with an update on key issues in light of COVID-19 to firms providing services to retail investors. In addition to the measures it has taken with the Bank of England (BoE) and HM Treasury (HMT), the FCA has considered...
06 April 2020

COVID-19: PRESSURE POINTS: NAVIGATING THE COVID-19 REGULATIONS AND THE ROLE OF COMPETITION LAW IN COMBATTING THE IMPACT OF THE PANDEMIC (AFRICA)

Following the declaration of a national state of disaster in terms of the Disaster Management Act No. 57 of 2002 (as amended), the concerning escalation in the number of confirmed COVID-19 infections in South Africa prompted the National Coronavirus Command Council to enforce a nationwide lockdown...
06 April 2020

COVID-19: PRESSURE POINTS: COMMERCIAL LEASES (Russia)

Further to our briefing on civil law qualifications and consequences for contractual relations under Russian law , we have analysed below how COVID-19, in conjunction with the measures taken by Russia’s public authorities to combat it, might affect the respective positions of contract...
03 April 2020

COVID-19: People: Temporary amendments to Modern Awards concerning leave entitlements (Australia)

The Fair Work Commission ( FWC ) announced that it proposes to temporarily vary 103 modern awards to: provide all employees (including full-time, part-time and casual employees) with a new entitlement of up to 2 weeks’ unpaid pandemic leave; and provide for employees, by agreement with their...
03 April 2020

COVID-19: Pressure points: German Start-Up Liquidity Programme 2020 (Germany)

On 31 March 2020, the German Federal Government (through the German Federal Ministry of Finance and the German Federal Ministry of Economy and Energy) has announced to provide further liquidity measures in light of the ongoing COVID-19 crisis, this time specifically tailor-made and shaped to...
03 April 2020

Fintech market enters a new stage of maturity

Fintech is gearing up, shifting away from the start-up world to mature big ticket transactions. In this article Richard Woods, Clive Cunningham and Wendy Saunders of Herbert Smith Freehills review macro-developments in Europe.
03 April 2020

COVID-19: Potential legal impact (latest development) (Spain)

New regulations have been published in Spain to address the health crisis caused by the COVID-19 outbreak. We will analyse below the most significant impacts that the new measures will have, essentially included in Royal Decree-law 11/2020, of 31 March, which adopts additional urgent social and...
03 April 2020

COVID-19: People: Flexibility provisions in Modern Awards (Australia)

Over the past week, the Fair Work Commission ( FWC ) has made determinations to vary the Clerks – Private Sector Award 2010 (the Clerks Award ), the Hospitality Industry (General) Award 2010 (the Hospitality Award ) and the Restaurant Industry Award 2010 (the Restaurant Industry Award ), to address...
02 April 2020

COVID-19: Pressure Points: US Securities Disclosure Implications for Foreign Private Issuers (United States)

Many companies are facing operational and other challenges as a result of COVID-19 and satisfying securities disclosure and financial reporting obligations is certainly one of them. In this memo we describe how US securities law disclosures are likely to evolve in the coming weeks and months in...