News & Views

Azelis, a leading global innovation service provider in the speciality chemicals and food ingredients industry, announces the acquisition of 100% of the shares of Whitfield Chemical Group Limited, the ultimate parent company of WhitChem, a well-regarded distributor focused on CASE (coatings, adhesives, sealants and elastomers) and R&PA (rubber & plastic additives) in the UK.

O’Connors has collaborated with Baker Tilly on a three-part series of articles on the theme Managing Cyber Risk. First published by AIRMIC this article is part one which addresses IT contracts and the complexities that come with cyber risk for law firms, although the issues raised apply equally to other sectors.

O’Connors has collaborated with Baker Tilly on a three-part series of articles on the theme Managing Cyber Risk. First published by AIRMIC this article is part two which addresses cyber liability insurance policies.

According to research by challenger insurance broker hubb, UK businesses are demanding greater transparency from their insurance brokers in the placement of their insurance programs, not least in relation to fees charged, commissions received and potential conflicts of interest. By identifying the right insurance broker for your business and appointing them on the right contractual terms, you can ensure this transparency is achieved.

The recent COP26 in Glasgow had a much greater focus on private sector businesses than in previous summits, increasing the pressure on them to transition to net-zero carbon emissions.

As you may have heard on the grapevine, Mrs Claus and I will not be working this Christmas. We have managed to bag a last-minute package deal to the Democratic Republic of Barbados and, whilst we appreciate the timing is not ideal, Mrs Claus feels we need some time out to thaw our frost-bitten joints.

O'Connors has advised the shareholders of Assista Consulting on its sale to LOGEX Group.

Business lawyers and advisers O'Connors has advised the owners of Pescado Limited on the sale of the company to Arrow Business Communications Limited.

PHD Equity Partners – the private equity arm of Dow Schofield Watts – is pioneering a new structure that will enable it to follow a longer term investment model and increase liquidity for investors.

The focus of most articles on Brexit and financial services has been on how Solvency II will impact the way insurers (and other financial institutions) do business now that the UK has left the EU and declined to remain in the single market. Important though this issue is, for many UK-based insurance brokers, the more pressing Brexit issue has been the loss of access to the EU single passport regime under the Insurance Distribution Directive.