Failing to comply with competition law can have severe implications. Restrictions, and even the contracts themselves, may be void and unenforceable. Fines of up to 10% of annual group turnover can be imposed. Injured parties can seek compensation and, in many countries, there is even the threat of personal penalties...

We advise issuers, financial institutions and other market participants on all aspects of equity capital markets transactions, including initial public offerings on local and international stock exchanges and follow-on offerings, including placings, rights issues, open offers and capitalisations. We also advise on block trades, capital reorganisations, demergers and share buy-back...