Huntsman Corporation, a New York Stock Exchange-listed company active in the production and marketing of differentiated and specialty chemicals, has sold its Textile Effects division, which comprises approximately 2,300 people in some 33 countries and has 10 production sites worldwide, to Archroma, a portfolio company of SK Capital Partners. Osborne...

New regulator takes major step forward in ‘landmark moment for building safety’ The Health and Safety Executive (HSE) has announced that all high-rise residential buildings in England will have six months from this April to register with the new Building Safety Regulator, which will affect approximately 12,500 buildings. Owners and...

EU bring in proposals for right to repair The European Commission has (on 22 March 2023) published its proposal for a Directive on common rules promoting the repair of goods which aims to increase the repair and reuse of defective products to promote sustainability. Within the legal guarantee, the proposal...

Water companies urged to share storm overflow improvement plans Environment Secretary Thérèse Coffey recently demanded that water companies start sharing their assessment and action plans on storm overflow plans, as well as noting that they will face higher penalties that are quicker and easier to enforce (see our earlier Regulatory...

The High Court of Justice of the Balearic Islands declares that the disciplinary dismissal of an employee was unlawful because he had not been given the opportunity to defend himself prior to his dismissal. The Judgment of the Social Division, fourth section, of the High Court of Justice of the...

Osborne Clarke est un réseau international comptant plus de 1300 avocats répartis au sein de 25 bureaux intégrés en Europe, en Asie (dont deux bureaux de représentation) et aux Etats-Unis. Le cabinet de Paris a été créé en juillet 2013 et compte actuellement plus de 70 avocats dont 17 associés...

The parties in Glencore Energy UK Ltd v NIS J.S.C. Novi Sad entered into a settlement agreement that included a clause requiring them to " discuss in good faith with a view to agreeing the level of reimbursement". Prior caselaw has established that the "good faith" obligation is not a...

Osborne Clarke est un réseau international comptant plus de 1300 avocats répartis au sein de 25 bureaux intégrés en Europe, en Asie (dont deux bureaux de représentation) et aux Etats-Unis. Le cabinet de Paris a été créé en juillet 2013 et compte actuellement plus de 70 avocats dont 17 associés...

Osborne Clarke has advised Market One Capital and Dutch Founders Fund as lead investors in the pre-seed funding round into recycling start-up Metycle. Cologne-based start-up Metycle, founded by Rafael Suchan and Sebastian Brenner, positions itself as a digital platform for the international trade in scrap and recycled metal. METYCLE acts...

The UK government has published new legislation (27 March 2023) that will expand the scope of the financial promotions regime in the Financial Services and Markets Act 2000 (FSMA) to now capture promotions relating to certain cryptoassets. What has happened? Following consultation by the government in 2020, the scope of...