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Partner John Lee has been featured in the Butterworths Journal of International Banking and Financial Law for his article titled, 'The endgame: issues in enforcement against cryptoassets' which considers methods of enforcement against cryptoassets, including the possibility of recovering cryptoassets without the authorisation of the private key.
The long awaited Sequana Supreme Court judgment[1] has provided some welcome clarity around the duties of the directors of a company in the "twilight zone" – i.e. where the company is facing financial difficulties.
Travers Smith LLP has acted as English law and UK tax counsel to Noble Corporation plc ("Noble") on the completed business combination of Noble Corporation (NYSE: NE) with The Drilling Company of 1972 A/S (CSE: DRLCO). The companies are now operating as a single organization as of 3 October 2022.
The UK's departure from the European Union has not led to all EU-derived law being jettisoned; on the contrary, a significant proportion of it has been kept and the UK now has a new category of "retained EU law". This briefing explains what retained EU law is and why it's important.
Travers Smith LLP has advised an investment vehicle backed by Burger King UK ("BKUK"), a Bridgepoint investee company, on its acquisition of Karali Limited and Teresina Limited (the "Karali Group"). The acquisition of the Karali Group, being the second largest portfolio of Burger King franchise restaurants in the UK, will result in 74 Burger King restaurants being added to the BKUK portfolio.
Travers Smith LLP has advised Home REIT on the acquisition of a portfolio of properties that will provide homelessness accommodation in the UK, working with registered charities, housing associations, community interest companies and other regulated organisations that receive housing benefit or comparable funding from local or central government.
Travelling. Seamlessly. podcast series
Travers Smith LLP is delighted to have been named "Commercial Litigation Team of the Year" and "Private Equity Team of the Year" at the annual Legal Business Awards. The Awards took place on 27 September.
While the vast majority of alternative asset managers remain owner-managed, in recent years a growing number of GPs have pursued IPOs, equity and debt solutions from external investors, and even outright sales. With such M&A activity in the private funds space initiated by a wide range of drivers – including generational shifts, liquidity requirements or the need for expansion capital – the complexities of executing deals to achieve optimal outcomes cannot be downplayed.
The Solicitors Regulation Authority ("SRA") is the latest organisation to indicate that it is looking to curb the use of so-called Strategic Lawsuits Against Public Participation ("SLAPPs") in England & Wales. This proposed intervention follows the recently proposed interventions by both the Ministry of Justice and, from a European perspective, the European Commission.
Employers are required to check that all employees have the right to work lawfully in the UK. The rules on how to conduct these checks are changing from 1 October 2022, and employers should review their right to work policies and procedures in the light of these changes.
"The new system is working", according to the UK Government's inaugural report on the operation of the National Security & Investment Act 2021 ("NSI Act") published in June 2022. That report covered the first 3 months of the new regime (4 January to 31 March 2022), noting that 222 notifications had been received across the whole range of sectors.
A regular briefing for the alternative asset management industry.
Mini Budget 2022