The European Banking Authority (“EBA”) has published an opinion in response to the current status of the Brexit negotiations. The opinion cites significant concerns regarding the preparation of financial institutions that will be affected by Brexit, particularly the impact of the potential loss of passporting rights, and highlights the potential for disruption if financial institutions are not adequately prepared for a no-deal Brexit.

Read more

The Financial Conduct Authority (“FCA”) has issued a letter to CEOs of UK banks highlighting the potential risks faced when dealing with cryptoassets. The letter sets out good practice for banks when managing the increased risks of financial crime that dealing with cryptoassets present.

Read more

New rules that will enhance the Government’s powers to block takeovers on national security grounds have come into force today (11 June 2018). The changes relate to businesses that develop technology or hardware that is, or may be, used for military purposes.

Read more

Royds Withy King has been shortlisted for Corporate Law Firm of the Year at the South West Insider Dealmakers Awards 2018.

Read more

The Corporate team at law firm Royds Withy King in Bath has advised on the management buyout of kitchen and furniture fitting and accessories provider LDL Components Ltd and on the subsequent acquisition of its Wesco product distribution business, for …

Read more

Unilever’s recent announcement of the decision to abandon its model of having dual headquarters in London and Rotterdam in favour of a single location in Rotterdam was seen by many as a symbolic blow to the UK’s attractiveness to international businesses in the wake of the Brexit vote. Unilever’s chief executive Paul Polman and the UK Government however, are adamant that the decision was not related to Brexit. So, if not Brexit, what were the key factors in the decision to abandon the existing model, which Unilever adopted in 1929 following the merger of Lever Brothers and Margarine Unie?

Read more

Following Carillion, the second largest construction firm in the UK, and employer of 43,000 people, entering compulsory liquidation on Monday the government has ordered a fast-track investigation into the conduct of its directors.

Read more

The Corporate team at UK Top 100 law firm, Royds Withy King, has advised on the sale of Alcolock GB Ltd, a distributor of alcohol breathalyser immobilisation systems, to Isotrak Group. Established in 2006 by David Whittock, Alcolock was devised …

Read more

A successful day nursery and pre-school, which has been operating in Sevenoaks for almost 15 years, has a new owner. Springles Nursery in West Kingsdown was bought for an undisclosed sum by Them Fields Ltd after securing funding from Clydesdale …

Read more

A team from UK Top 100 law firm Royds Withy King based in Bath has advised the shareholders of one of the UK’s largest suppliers of wood-based timber products, Avon Plywood Limited, on the company’s sale to Sydenhams Ltd for …

Read more

Corporate lawyers from UK Top 100 law firm Royds Withy King in Bath have advised global retail design and experiential marketing company Frontline Display International on its sale to leading integrated marketing communications agency, Big Group, for an undisclosed sum.

Read more

Lawyers from Royds Withy King’s Corporate and Commercial team acted as advisers to Bath City Football Club on its transition to community ownership, with Bath City Supporters Society acquiring a majority shareholding (51%) and control of the board of directors.

Read more