Antimonopoly advice is extremely concern sensitive: trust activity can ensue in significant mulcts ; dominant projects can be required to allow challengers entree to identify assets or alteration concern scheme ; amalgamations can be prohibited or, in some instances, unwound, under amalgamation control regimes now runing in about 65 states and go oning to proliferate ; and State assistance may hold to be repaid.
Competition governments worldwide have wide-ranging powers of enforcement. In several legal powers, including the US and UK, persons involved in breaches of competition jurisprudence may be imprisoned every bit good as separately fined, and in the EU, companies found to hold acted anti-competitively may be fined up to ten per cent of their one-year worldwide turnover.
We pride ourselves on offering a top-level, client-focused service, with incorporate multi-jurisdictional squads supplying dealing support on restrictive understandings, maltreatment of dominance/monopolisation, amalgamation control, State assistance and other facets of EU and US jurisprudence.
Find out more about our experience
EU Internal Market and Trade
We on a regular basis advise clients on complex maltreatment of laterality issues and benefit from an extraordinary wealth of experience across our international web of offices. We are on a regular basis involved in behavioral instances for both officeholders and plaintiffs.
Our prima behavioral pattern was awarded ‘Competition Team of the Year ‘ ( 2005 ) by The Lawyer for our work on Microsoft.
Our trust pattern is besides booming and we often advise in licensing and anticompetitive understandings and have advised clients in a figure of high profile international trusts and other national or EU probes. In trust enforcement our squads have broken new land in the usage of lenience programmes on a planetary graduated table.
The London squad ‘s burgeoning behavioral pattern reflects its careful development of practical solutions for its clients. The scope of issues on which we have provided advice ( from maltreatment of market laterality to trusts ) and the assortment of industry sectors in which our clients run underscores the squad ‘s ability to use its legal cognition to novel and hard issues.
We have advised in relation to a figure of market surveies and market probes carried out by the OFT, the Competition Commission and the European Commission. We have handled complex lenience applications and trust affairs frequently with an international dimension. We have worked with a figure of clients to develop online programmes to develop staff and prepare clients should they of all time be capable to probe by the antimonopoly governments. Our work for clients capable to cartel probes is of peculiar note.
It is clear that competition jurisprudence is non merely an academic exercising in economic ordinance conducted by antimonopoly governments. Its overall purpose is the protection of consumers runing at all degrees in the concern universe. However, antimonopoly governments are non in ownership of limitless resources and hence, private actions against those in breach of competition jurisprudence are actively encouraged.
In the more litigious US civilization such actions are already standard and, as the European Commission continues to force for an addition in the figure of private actions brought before the national tribunals of the EU Member States, we expect this figure will increase over clip. The international group contains some of the most well-thought-of advocators in this field and we have advised many big corporates on combative antimonopoly issues.
We have a wealth of experience within the group, which includes the development of hazard direction schemes, arbitration, judicial proceeding hazard appraisal, and crisis direction every bit good as moving for those aggrieved by and those supporting breaches of competition jurisprudence and determinations of antimonopoly governments.
In add-on to competition jurisprudence advice, we besides advise clients on other countries of European jurisprudence such as free motion of goods, services and capital, anti-dumping, rational belongings, harmonization of Torahs and telecommunications.
The Brussels EU squad is the hub for our client service across Europe. Three spouses, Dirk Arts, Michel Struys and Francis Herbert have served as jurisprudence clerks either at the CFI or COJ. This old experience strengthens our cognition of “ all-around ” EU jurisprudence.
Our antimonopoly pattern was late described as “ first rate for amalgamation clearances ” by Chambers ‘ usher to the legal profession. This is a contemplation of the high figure of important amalgamation instances in which Allen & A ; Overy ‘s antimonopoly pattern has been involved over the last few old ages, with a strong path record of success.
We develop planetary schemes for obtaining clearance of amalgamations and joint ventures in all relevant legal powers utilizing our local contacts and expertness. We besides develop cosmopolitan antimonopoly entries that can be adapted for usage in national filings to cut down cost and guarantee a coherent attack for our clients. In peculiar we advise on:
how best to show instances to amalgamation control governments.
pull offing the procedure of fixing entries and briefing documents.
negociating colonies ( e.g. affecting structural or behavioral redresss ) when needed to procure clearance.
working with specialist economic advisers when needed.
Public procurance has played a cardinal function in the creative activity of the European individual market. It is designed to guarantee healthy competition between providers and value-for-money for buyers, every bit good as to forestall favoritism or the favouring of “ national title-holders ” . Non conformity with the regulations can hold really serious commercial effects.
Our international squad has the experience to turn to public procurance issues originating under EU and national jurisprudence from the position of all those involved in the procurance procedure. We anticipate possible issues and fix suited schemes for covering with the regulations, supplying clear, structured advice to steer you from the initial commercial appraisal to the concluding award and public presentation of the contract.
Allen & A ; Overy has one of the strongest European-wide patterns in State assistance, with expertness in European jurisprudence issues refering the assistance that authoritiess in the 27 EU Member States provide to the private sector. This is now a specializer country within competition jurisprudence in which few houses have a comparable degree of expertness.
Allen & A ; Overy ‘s U.S. Antitrust Group ( based in New York ) is comprised of persons from our corporate and judicial proceeding sections with considerable antimonopoly judicial proceeding and probe experience. Unlike most houses where the antimonopoly group is more clearly tied to either the corporate section or to judicial proceeding, Allen & A ; Overy ‘s U.S. Antitrust Group presents the “ best of both universes ” , uniting the transactional, judicial proceeding and investigational experience needed for any imaginable US antimonopoly challenge into one squad. The US Antitrust Group is to the full supported in its attempts by ace M & A ; A, SEC and white-collar condemnable defense mechanism co-workers in both the corporate and judicial proceeding sections, including 11 other spouses and over 30 associates.
For U.S. clients, the U.S. Antitrust Group is experienced in virtually all facets of U.S. Antitrust, with peculiar accent on measuring antimonopoly issues in connexion with M & A ; A minutess, stand foring clients in connexion with regulative and condemnable antimonopoly probes, and managing major antimonopoly judicial proceedings in federal tribunal.
International clients of Allen & A ; Overy progressively face the same kinds of hazards as our US clients, and besides come to us for our cognition of antimonopoly and regulative issues impacting concern they conduct in the U.S.
Employment & A ; Benefits
Our Employment & A ; Benefits ( E & A ; B ) section comprises some of the market ‘s taking practicians across Employment, Pensions and Incentives, with over 180 attorneies located across 22 jurisdictions.A Systematically extremely ranked in the legal tabular arraies in each of the three countries, we offer high quality advice on issues such as council chamber differences, employee favoritism, executive wage and revenue enhancement issues, complex pension agreements or complex cross-border transactional issues.
The E & A ; B pattern plants as portion of an integrated squad with our corporate M & A ; A attorneies, non merely in transporting out undertakings, but in winning them excessively as most big graduated table M & A ; A minutess involve HR issues which can frequently be critical to the result of a dealing.
Our Employment specializers are involved in all combative and non-contentious affairs including council chamber differences, employee dealingss, HR policies and privateness, restructuring, and difference resolution.A Our Pensions specializers handle choice consultative and judicial proceeding work for both legal guardians and patrons, while our Incentives squad offers expert advice on equity inducement programs, employment revenue enhancement issues and corporate administration in the context of wages.
Noteworthy affairs our E & A ; B squad have worked on include:
Employment: Advising HSBC on a high-profile, sexual orientation favoritism claim following the dismissal of an employee for gross personal misconduct at work.A The instance was the first high-value, City-based claim under the sexual orientation favoritism Torahs affecting a figure of fresh legal inquiries.
Pensions: Advising Cable and Wireless on the split of its ?2 billion pension strategy in connexion with the company ‘s demerger
Incentives: Advising Red Football Limited on its high profile acquisition of Manchester United PLC.A The fortunes of the acquisition meant that there was a short window of clip within which the employee portion program affairs had to be dealt with.
The Allen & A ; Overy Employment & A ; Benefits squad is an incorporate pattern which covers all facets of employee inducements, employment and pensions work. We are experts in all three countries, with in-depth cognition of local every bit good as planetary issues.
Our attorneies are experts in all the legal facets of implementing and structuring portion programs, pension strategies every bit good as supplying practical and commercial advice on employment jurisprudence issues.
Our client centric attack means we cover non merely consultative and corporate transactional work but besides provide clients with a more bespoke attack which includes supplying preparation, regular intelligence bulletins and a wide scope of value added services.
We are committed to the development of best market pattern within all three countries and give a considerable sum of clip and resources on developing our attorneies to guarantee our clients have the best, practical and robust advice.
Employment is a fluid and fast-changing country of jurisprudence. Bing alive to your duties as anA employer and recruiting, retaining and pull offing the right people, has ne’er been more critical. Non-compliance with duties can be expensive, in fiscal and reputational footings. Globalization means that workplace issues have a cross-border and a local dimension.
Our planetary squad of over 110 employment attorneies works in partnership with clients to develop single and originative solutions to your modern workplace issues, from working conditions, employee dealingss, HR policies and privateness, to restructuring, relationship dislocations and dispute declaration. We ‘re decisive. We recognise your commercial demands.
Always in the intelligence, the rights and outlooks of employees have ne’er presented a greater challenge to your concern and reputation.A And maintaining on top of new statute law and ordinance has ne’er been more demanding.A Working in partnership with you on workplace issues and employment jurisprudence, we guarantee you stay in front of the game and command your hazards. From dispute declaration, favoritism and corporate administration to emphasize, whistleblowing and household friendly rights, we can assist you. Characterised by our no bunk manner, we ‘re decisive, solution-driven and we tell you what we think. That ‘s our repute and yours in safe custodies.
Incentives, wage and corporate administration are now issues invariably in the headlines. Staying on top of frequent alterations in statute law and market pattern is a important portion of any employer ‘s concern and fundamental in pull offing reputational hazard, peculiarly for wage commissions. We are experts in all the proficient facets of this country such as revenue enhancement, company, securities and regulative jurisprudence. We are besides experienced in portion program design and regularly advise clients on the impact of corporate minutess on portion programs. Our proactive analysis of market pattern and informations means we have existent penetration and up-to-date cognition of current market equity and honor tendencies thereby enabling us to supply our clients with practical and commercial expert advice.
We are invariably seeking ways to be advanced and develop online tools to help our clients to work every bit expeditiously as possible as evidenced byA Global Shareweb.
Incentives, wage and corporate administration are now issues invariably in the headlines. Staying on top of frequent alterations in statute law and market pattern is a important portion of any employer ‘s concern and fundamental in pull offing reputational hazard, peculiarly for wage commissions. We are experts in all the proficient facets of this country such as revenue enhancement, company, securities and regulative jurisprudence.
We are besides experienced in portion program design and regularly advise clients on the impact of corporate minutess on portion programs. Our proactive analysis of market pattern and informations means we have existent penetration and up-to-date cognition of current market equity and honor tendencies thereby enabling us to supply our clients with practical and commercial expert advice.
We are invariably seeking ways to be advanced and develop online tools to help our clients to work every bit expeditiously as possible as evidenced by Global Shareweb.
Outsourcing is no longer limited to endorse office maps. Complex concern procedures and even front office operations are now being outsourced and concerns are looking to their attorneies for aid in developing and presenting more flexible concern models.
Our outsourcing pattern is widely regarded as a market leader, with an experient international squad and a client base that includes many of the major participants in the industry. We are noted for the comprehensiveness of our international squad that brings together experts from a figure of different subjects and who have alone experience of moving for both providers and clients across a broad scope of sectors.
Outsourcing is no longer limited to endorse office maps. Complex concern procedures and even front office operations are now being outsourced and concerns are looking to their attorneies for aid in developing and presenting more flexible concern theoretical accounts. Our outsourcing pattern is widely regarded as a market leader, with an experient international squad and a client base that includes many of the major participants in the industry. We are noted for the comprehensiveness of our international squad that brings together experts from a figure of different subjects and who have alone experience of moving for both providers and clients across a broad scope of sectors.
Retirement benefits are seldom out of the headlines. Recent old ages have seen a steady flow of reforms as authoritiess, fighting to get by with ageing populations, expression for ways to promote private pension proviso. With a raft of new statute law and increased ordinance, it ‘s critical to maintain one measure in front. Pension program design issues, program administration, support, investing policy and shortage direction, are among the issues that companies and program fiduciaries may hold to see. There is the added cross-border dimension, as multinationals consider schemes to plan and pull off pension agreements globally.
This is a clip of chances and challenges for companies and fiduciaries. Our planetary pensions squad is at the head of developments and market pattern. We offer originative, incorporate solutions and commercial advice to run into our clients ‘ concern demands, both locally and across boundary lines.
For our recent cardinal pensions affairs, delight expression at the Deals & A ; Cases subdivision below.
Support the pension strategy or salvage the concern? In the current clime the pick can look stark but it does n’t hold to be. We work with both corporate patrons and legal guardians to happen in-between land where both can last the current market convulsion. It ‘s liability direction, non a shutting down sale. It ‘s clip to acquire originative and we ‘ve got a good repute for making precisely that. Our experience of the UK Pensions Regulator means we can assist groups reorganize while still protecting the involvements of pension strategy members. We can besides steer legal guardians through disputing times.
If you want your strategy changed, your funding agreements rebalanced or your paperss updated, delight speak to our UK pensions squad. We can besides assist you with differences, investing affairs and the inquiries of benefit reading and disposal that come up in every strategy on an about day-to-day footing. We aim to construct a long-run relationship with our clients so we can respond rapidly to assist.
Energy & A ; Natural Resources is one of the most of import and fastest altering industrial sectors. The demand to cut down nursery gas emanations ( chiefly carbon dioxide ), turning planetary demand, security of supply and aging energy assets means that authorities and energy companies globally are faced with some of the most complex and ambitious determinations that will hold an impact non merely on economic prosperity, but besides on the long-run wellness of the environment.
Allen & A ; Overy ‘s planetary Energy & A ; Natural Resources squad is at the head of this sector, supplying clients advice on affairs associating to power and public-service corporations ( including thermal and IWPPs, atomic and renewables ) , transmittal and distribution, C gaining control and storage, oil & A ; gas ( up, mid and downstream and LNG ) , mining & A ; metals and clime alteration.
Our clients are diverse, and include autonomous authoritiess, corporates ( public-service corporations and patrons, mineworkers, oil & A ; gas IOCs and NOCs, and mugwumps ) , and fiscal establishments ( Bankss, financess, ECAs/MLAs ) , providers and makers. Their demands are besides diverse, and we take huge pride in being able to present outstanding advice on minutess associating to M & A ; A, undertaking development, judicial proceeding, energy & A ; emanations trading and support ( debt and equity ). All of these dealing are supported by our market taking experts in countries such as revenue enhancement, antimonopoly, regulative, environmental and employment, to call but a few.
Energy is a planetary market with many trades being transverse boundary line as a consequence of resources being located in far flung and frequently hard to acquire to states around the universe, many of which have complex legal and regulative governments. Allen & A ; Overy is one of the few houses that can leverage a truly planetary web and present an perfectly seamless service across the UK, Europe, CIS, Asia, Middle East & A ; Africa, United States and Latin America. Our planetary exposure and experience is extremely valued by our clients.
Carbon Capture and Storage
Oil and Gas
Environmental conformity and liability issues are now portion of mundane life for most concerns, be they engaged in obviously risky activities or non. Likewise, developments in the clime alteration sphere are raising new challenges for both the regulative and concern communities. Regulatory demands, nevertheless, continue to widen in response to progressively international environmental concerns and throw up more and more conformity issues impacting both procedures and merchandises, every bit good as liability issues in concern minutess. To maneuver successfully through this regulative jungle requires specialist expertness on a planetary graduated table.
Allen & A ; Overy ‘s planetary environmental jurisprudence group includes more than 60 specializer, commercially focused environmental jurisprudence experts in Asia, Europe and the Americas, reding on all facets of environmental jurisprudence and liability. As one of the first jurisprudence houses to develop a globally incorporate environmental jurisprudence pattern, Allen & A ; Overy is able to supply both transactional and stand alone advice in all the major countries of environmental and wellness and safety jurisprudence at national, regional and international degrees.
Our geographic range, including the transportation of cognition between different offices and legal powers, means that we are able to maintain abreast of the latest environmental enterprises and legislative developments happening around the Earth. In add-on to expertise in Allen & A ; Overy ‘s ain offices, by virtuousness of our web of specialist local houses in other legal powers we can besides guarantee that you get high quality environmental advice wherever in the universe you need it.
Chemicals Regulation and REACH
Climate Change and Green Technology
Contaminated Land and Environmental Liability
Corporate Administration, Environmental Disclosure and Access to Information
EHS Regulatory and Permiting
Energy, Renewables and the Environment
Environmental Disputes and Litigation
Green Real Estate
Producer Responsibility and Product Stewardship
Allen & A ; Overy is at the bosom of the universe ‘s banking and fiscal markets. Few patterns can fit the quality of our people, the comprehensiveness of our client base, our planetary range and our top grade place across the full scope of fiscal merchandises. We have been instrumental in about all the major developments in the modern fiscal markets, get downing with the first of all time eurobond issue in the sixtiess.
We advise over 800 corporate and fiscal establishment participants in the fiscal markets. They entrust us with the full scope of their domestic and cross-border minutess. They rely on us for the deepness and comprehensiveness of our expertness, our rational cogency and our proved path record of happening solutions and finishing the minutess we work on. We have overA 1,000 banking and finance attorneies worldwide working together to show these qualities in their professional lives.
Debt Capital Markets
Derived functions and Structured Finance
Equity Capital Markets
Investing Fundss and Structures
Real Estate Finance
Ship, Rail, Aircraft and other assets
Convergence has blurred traditional industry boundaries. To add to this, industry consolidation has taken topographic point on a planetary graduated table. There is now a clear demand for multi-disciplinary and international legal advisors.
Our industry sector groups offer specialist industry expertness across our international offices. We advise planetary participants from a assortment of industries, every bit good as authoritiess, regulators and investing Bankss. Our mix of legal and regulative hands-on commercial experience enables us to supply relevant legal services of the highest quality.
Communicationss, Media and Technology
Energy and Utilities
Hotels and Leisure
Licensing, bet oning and wagering
Our International Insurance Group is a dedicated cross-border squad which advises many of the universe ‘s prima insurance companies, fiscal establishments, agents and concerns on minutess in the insurance sector every bit good as insurance regulative affairs throughout Europe, Asia Pacific, the Middle East and the U.S.
The group comprises attorneies with specialist insurance expertness, some of whom have spent portion of their callings in the industry or with insurance regulators. This practical industry experience ensures that we are able to supply commercially goaded legal advice.
Our insurance attorneies work as an incorporate squad on an international footing with specializers from our other market taking patterns, such as corporate, capital markets, banking, judicial proceeding and arbitration, outsourcing and insolvency. As a consequence, our clients have the best possible proficient and commercial legal advice at both a domestic and international degree.
Our ability to manage and pull off cross-border and international minutess is an of import consideration in many clients ‘ choice of Allen & A ; Overy to rede them.
Insurance advice for corporates and Bankss
Insurance capital markets and derived functions
Insurance M & A ; A and reorganizations
Insurance regulative and conformity
Insurance restructuring, insolvency and run-off insurance