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Mayer Brown International LLP
201 Bishopsgate
London EC2M 3AF
United Kingdom
T+44 20 3130 3000
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Legal Update
24 March 2017
Mayer Brown Legal Update
The Supreme Court's decision in Marks & Spencer v BNP Paribas Securities Services Trust Co (Jersey) Ltd in late 2015 reaffirmed the traditional approach to implied terms, putting to rest the suggestion made by some practitioners and academics that the Privy Council's decision in Attorney General of Belize v Belize Telecom (and, in particular, Lord Hoffman's opinion) had heralded a more liberal approach.
Legal Update
March 2017
Mayer Brown Legal Update
Media Coverage
23 March 2017
The Times
Bylined article by London Construction & Engineering partner Kwadwo Sarkodie and senior associate Joseph Otoo on England’s commercial courts rebranding to Business and Property Courts of England and Wales.
Media Coverage
23 March 2017
African Law & Business
Bylined article by London Construction & Engineering partner Kwadwo Sarkodie and senior associate Joseph Otoo on a setback in the construction of Egypt’s new capital city shining light on the advantages and disadvantages of using memoranda of understanding in African construction contracts.
News Releases
20 March 2017
Mayer Brown JSM announced today that it advised the sellers on the majority sale of PRASAC Microfinance Institution (PRASAC) in one of the most significant transactions in Cambodia to date.
Media Coverage
15 March 2017
Global Capital (subscription required)
Ed Parker, global co-head of the Derivatives & Structured Products practice, and head of the firm’s Banking & Finance practice in London, is quoted in an article on the launch of a new service which allows for US assets to be used a collateral in European OTC derivative transactions.
News Releases
15 March 2017
Mayer Brown announced today that it represented the underwriters on an offering by Starbucks Corporation of approximately JPY¥85 billion/US$736 million of bonds. The proceeds of the offering will be used to make investments in eligible sustainability projects. The transaction marks the first “sustainability bond” issued in the Japanese market.
Media Coverage
14 March 2017
Commercial Risk Africa
Construction & Engineering partner Kwadwo Sarkodie (London) is quoted in this article discussing the International Arbitration Bill expected to be enacted by The South African government.
Legal Update
March 2017
Mayer Brown Legal Update
On 20 February, the Department for Work and Pensions published a green paper on security and sustainability in DB pension schemes. Among other things, the paper aims to identify issues undermining confidence in the current DB pensions system in the UK and possible solutions. The paper looks at four areas – funding and investment, employer contributions and affordability, member protection, and consolidation of schemes.
Media Coverage
13 March 2017
Khaleej Times
Construction & Engineering partner Kwadwo Sarkodie (London) is quoted in this article discussing the use of 3D printing in Dubai's construction industry.
Media Coverage
11 March 2017
Arbitration International (subscription required)
Bylined article by London Construction & Engineering partner Kwadwo Sarkodie and senior associate Joseph Otoo on the Getma v Republic of Guinea case and looks at what lessons may be drawn for African arbitration.
Legal Update
March 2017
Mayer Brown Legal Update
In Sinocore International Co Ltd v RBRG Trading (UK) Ltd, the English Commercial Court granted permission for the enforcement of a foreign arbitral award despite allegations that the transaction in question had been “tainted” by fraud. The fraudulent action of one of the parties did not prevent it from pursuing a claim for a separate breach of a lawful
contract which had caused its loss.
Audio
10 March 2017
UK Pensions Law - The View from Mayer Brown
Richard Goldstein looks at the Green Paper on security and sustainability in DB pension schemes that was published recently by the Government and, in particular, the potential changes to the DB pension system considered in the paper.
Media Coverage
10 March 2017
Tax Journal
Bylined article by Sandy Bhogal on the Spring Budget 2017 announcements which impact MNCs.
In Brief
9 March 2017
Mayer Brown In Brief
In yesterday’s Spring Budget, the Government announced that a 25% tax charge on transfers to qualifying recognised overseas pension schemes (“QROPS”) will be introduced for transfers requested on or after 9 March 2017.
Media Coverage
7 March 2017
Law360
Guy Wilkes is quoted in an article on the new requirements for the UK’s Senior Managers and Certification Regime.
Media Coverage
7 March 2017
Law360
Litigation & Dispute Resolution partner and head of the International Arbitration Group in London, Raid Abu-Manneh is quoted in this article discussing a new law enacted last month in Qatar modernizing the Arab nation's arbitration regime.
Media Coverage
6 March 2017
Financial Times (subscription required)
Bylined article by Ian Coles, head of Mayer Brown's Africa and Mining practices, on the potential for rare earth mining in Africa.
Legal Update
3 March 2017
Mayer Brown Legal Update
On 18 January 2017 EU Regulation 655/2014 establishing a European Account Preservation Order procedure became directly applicable in all EU member states, except the UK and Denmark which opted out of the Regulation.

News Releases
3 March 2017
Mayer Brown has advised Aurelius Equity Opportunities, the equity investment entity of Aurelius Group, the pan-European asset manager, on the acquisition of leading UK online photo retailer Wex Photographic.
Media Coverage
2 March 2017
Economia
Alex Dell, co-head of asset based lending (ABL) and partner in the Banking & Finance practice and Guy Wilkes, partner in the Financial Services Regulatory & Enforcement practice, both of the London office, are quoted in an article on the future of fintech.
Legal Update
March 2017
Mayer Brown Legal Update
After the announcement made by the ICC in November last year, the amended ICC Rules of Arbitration have just entered into force on 1 March 2017.
Media Coverage
March 2017
Insurance Research Letter
In a bylined article, Corporate & Securities partners David Alberts, Larry Hamilton, Frank Monaco, Colin Scagell, Financial Services Regulatory & Enforcement partner Mark Compton and counsel Matthew Gabin provides a preliminary summary of covered agreement (Agreement) regarding international insurance groups doing business in the United States and the European Union.
Media Coverage
1 March 2017
Law360
Kevin Hawken is quoted in an article on the European Union’s plans to ‘restart’ efforts to build a regulatory framework for securitization.
Audio
27 February 2017
UK Employment Law - The View from Mayer Brown
Nick looks at a recent case on disability discrimination and reasonable adjustments, plus a useful illustrative case on restrictive covenants, together with the latest gig economy case.
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