Israel: ‘Early exit’ controversy

Yigal Arnon’s Barry Levenfeld discusses tech sector exits. Do Israeli companies exit too early? Some, primarily government officials, but also esteemed academics, think so. Israeli technology companies should resist being sold, they say. Instead, the companies should develop into global giants, employ thousands of Israelis – including those without advanced computer science degrees – and …

Compliance obligations: genetic resources

Homburger’s Andri Hess details the Nagoya Ordinance. Switzerland is a member of the United Nations Convention on Biological Diversity (CBD) and signed the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization on 11 May 2011. The Nagoya Protocol pursues the implementation of the fair …

News in brief – March 2016

EE LEGAL HEAD REVEALS PLANS POST-TELCO MERGER Following BT’s high-profile £12.5bn takeover of UK mobile business EE, it has emerged the telco plans to consolidate external legal panels, while EE’s general counsel (GC) James Blendis has been appointed to BT’s legal leadership team. Blendis will now sit on BT’s legal leadership board, which comprises senior …

The Last Word: Divide and conquer

We canvassed City partners and in-house counsel for their views on the Law Society and the state of representation in the profession LATE TO THE PARTY ‘I endorse what the Law Society is doing, particularly chief executive Catherine Dixon. What she’s doing to try to boost representation for the in-house community is laudable and to …

INVESTIGATIONS: Successfully navigating challenging international regulations

With the growth of enforcement activity worldwide, companies are being forced to create or adapt their internal structures and incorporate stricter, more sophisticated risk and compliance management systems, to detect and prevent legal risks and address any wrongdoing that could result in the infringement of domestic or international regulations. The team at LALIVE, an international …

Beneficial ownership in Swiss PE acquisitions

Bär & Karrer’s Christoph Neeracher and Luca Jagmetti advise on the new rules. As part of a new Swiss legislation aimed at preventing money laundering and tax evasion, any entity acquiring 25% or more of a non-listed Swiss company must inform the latter regarding the acquiring entity’s beneficial owner and update such information in case …

News in brief – February 2016

CASES AGAINST LAW FIRMS DOWN Figures collated by RPC suggest the post-financial crisis wave of professional negligence claims against law firms has passed. High Court cases against firms were down 47% last year. While the number of cases spiked by 192% to 418 for the year 2013-14, the number of actions against solicitors for the …

Deal watch: Corporate activity in December/January 2015/16

FRESHFIELDS AND STEPHENSON HARWOOD CHECK IN FOR PRIORY SALE Freshfields Bruckhaus Deringer and Stephenson Harwood led on the sale of the Priory rehab clinic. Freshfields advised US private equity group Advent International on the sale of the Priory Group, which operates more than 300 facilities, to Acadia Healthcare for £1.3bn in January. Acadia was advised …