01 April 2021
English Football League scores £117m loan fund to help Championship clubs
Herbert Smith Freehills has advised the English Football League (EFL), as Europe’s largest professional football representative body secured a loan fund to help Championship clubs meet PAYE liabilities during the coronavirus pandemic.
23 March 2021
UK government tax policies update excludes focus on pensions tax relief
Responding to news that the Government has today published a series of tax documents and consultations to modernise the UK tax system, Samantha Brown, regional head of employment, pensions and incentives at Herbert Smith Freehills suggests that the absence of major proposals to reform pensions tax...
18 March 2021
Herbert Smith Freehills advises National Grid on its £7.8 billion acquisition of Western Power Distribution, a transformational deal to help deliver the UK’s net zero targets
Herbert Smith Freehills has advised FTSE 100 company National Grid plc on its acquisition of Western Power Distribution (WPD), the UK’s largest electricity distribution business, from PPL Corporation for an equity value of £7.8 billion.
17 March 2021
Herbert Smith Freehills advises Malaysia’s EPF on launch of world’s first and largest Shariah private equity SMA fund
Leading global law firm Herbert Smith Freehills has advised Malaysia’s Employees Provident Fund (EPF) on the launch of its Shariah Private Equity (PE) Direct/Co-Investment Separate Managed Account (SMA) fund which has an allocation of US$600 million.
11 March 2021
Herbert Smith Freehills advises BAT on transformation-led acquisition in Organigram
Herbert Smith Freehills has acted on behalf of its long-standing client British American Tobacco (BAT) in relation to the acquisition of a minority stake of 19.9% in leading Canadian cannabis licensed producer, Organigram Holdings Inc. (Organigram), for approximately £126 million to become the...
10 March 2021
Herbert Smith Freehills unveils new eDiscovery platform
Herbert Smith Freehills is strengthening its alternative legal services (ALT) offering with the launch of a robust new cloud platform. Designed to support the firm’s legal teams wherever they are located and irrespective of data size, the new platform ensures clients benefit from a truly global ‘...
02 March 2021
Herbert Smith Freehills advises Scandinavian non-life insurer Tryg A/S on the largest ever rights issue in the Nordics
Leading global law firm Herbert Smith Freehills has been advising Copenhagen-based Scandinavian non-life insurance company Tryg A/S as part of a consortium with Intact Financial Corporation which has co-bid for RSA Insurance Group plc. The acquisition was announced on 18 November, 2020. Today, Tryg...
16 February 2021
Herbert Smith Freehills and Linklaters advise on the purchase and sale of the largest portfolio of grid parity photovoltaic systems in Italy
Herbert Smith Freehills and Linklaters have advised A2A and Octopus Renewables respectively on the signing of a binding agreement for the purchase and sale of a portfolio consisting of 17 photovoltaic plants with a total rated power of 173 MW.
16 February 2021
Historic ‘double first’ as easyJet secures $1.87bn loan supported by a guarantee from UK Export Finance
Herbert Smith Freehills has advised easyJet as the low-cost airline achieved a ‘double first’, becoming the first airline to secure a loan through UK Export Finance’s Export Development Guarantee (EDG) scheme whilst the transaction also marked the first secured EDG facility to reach financial close.
15 February 2021
Herbert Smith Freehills combines words and action to challenge race and racism in the workplace
As part of its commitment to build a supportive, respectful, environment, where everyone can thrive, the firm has teamed up with people consultancy, Inner Ambitions. Together they will deliver a series workshops enabling staff across Herbert Smith Freehills’ network to build their knowledge of and...
11 February 2021
Herbert Smith Freehills responds as Pension Schemes Bill receives Royal Assent
Responding to news that the Pension Scheme Bill has, today, received Royal Assent, Samantha Brown , Regional Head of Employment, Pensions and Incentives at Herbert Smith Freehills, says that “ the changes brought about by this much vaunted new Act contain the most significant reforms to the...
05 February 2021
Herbert Smith Freehills Partner Kate Meakin responds to Supreme Court decision on extra-territorial reach
Responding to news that the UK's Supreme Court has handed down a judgment which decided that the Serious Fraud Office (SFO) does not have the power to compel a foreign company to produce material that it holds overseas, Herbert Smith Freehills Partner Kate Meakin says:
27 January 2021
Herbert Smith Freehills advises on US$165m green loan project financing for a 450 MWp solar project in India
Herbert Smith Freehills has advised EDEN Renewables India, a 50/50 Joint Venture of EDF Renouvelables S.A and Total Eren S.A on a green limited recourse project term loan to finance a 450 MWp (300 MWac) solar project in Rajasthan, India.