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WBD advises syndicate on £400m revolving credit facility
16 Aug 2019
Womble Bond Dickinson's (WBD) London-based Real Estate Finance team has advised lenders Barclays, HSBC, NatWest and Wells Fargo on a £400m loan revolving credit facility (RCF) for Helical Plc.
No big surprises as first ASA rulings on harmful gender stereotyping published
15 Aug 2019
The new rules prohibiting advertisements from including gender stereotypes likely to cause harm or serious or widespread offence came into effect on 14 June 2019, after a 6 month lead-in period. It applies to both broadcast and non-broadcast ads, and has been introduced as BCAP Code Rule 4.14 and CAP Code 4.9 respectively. The ASA has not been slow to take action on this issue, having just (14 August 2019) published rulings on three ads, two of which were viewed on the very day the Rules came into effect.
Gender stereotyping in advertising
14 Aug 2019
Regulatory consultant, Nicky Strong, comments on ASA’s recent rulings on gender stereotypes in advertising for Mondelez UK Ltd and Volkswagen Group UK Ltd
SFO corporate co-operation guidance
14 Aug 2019
The Serious Fraud Office (SFO) published its much awaited corporate co-operation guidance on 6 August. Whilst the guidance delivers some much sought after clarity and should assist with accelerating investigations, there are some question marks over whether it sets the co-operation bar too high.
The Construction VAT reverse charge – what is it actually about?
14 Aug 2019
You have probably heard about VAT changing for the construction industry later this year, but some of the information about those changes can be very complex for non-tax-experts. This article aims to give you a high-level and simplified explanation of the changes, to help you understand the basics and consider how the changes may affect you.
WBD's US and UK teams combine to advise AIT Worldwide Logistics on major acquisition
13 Aug 2019
WBD's Newcastle-based corporate team advised AIT Worldwide Logistics on the acquisition of ConneXion Holdings Ltd, the holding company of the global customs and freight forwarding business of ConneXion World Cargo, which included offices in the UK, France, Canada and Hong Kong.
WBD advises on the sale of Lewmar Marine
13 Aug 2019
Womble Bond Dickinson (WBD) has advised on the sale of Lewmar Marine, implemented by way of a scheme of arrangement, under which Lippert Components, Inc. (LCI) acquired the entire issued and to be issued share capital of Lewmar for £33.286 million.
Has the House of Commons missed its opportunity to avert a "no deal" Brexit?
12 Aug 2019
Since Boris Johnson's installation as Prime Minister the UK government's position has been that "exit day" will be 31 October 2019, and that a "no deal" Brexit must now be regarded as the working assumption.
