Herbert Smith Freehills Kramer

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Exchange House Primrose Street
London, EC2A 2EG United Kingdom
Phone: +44 20 7374 8000
Fax: 212.715.8000
Areas Of Practice
  • Alternative Dispute Resolution (ADR)
  • Art, Entertainment, & Sports Law
  • Bankruptcy
  • Communications & Media Law
  • Criminal Law
  • Debtor/Creditor
  • Environmental Law
  • Finance & Banking
  • Immigration Law
  • Insurance
  • Intellectual Property
  • International Law & Trade
  • Labor & Employment Law
  • Litigation
  • Mergers & Acquisitions
  • Privacy
  • Real Estate
  • Science, Computers, & Tech
  • Securities Law
  • Taxation
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Locations
Other U.S. Locations
  • California
  • D.C.
  • New York
Other Countries
  • Australia
  • United Kingdom
Number of Attorneys
1,000+ Attorneys

UPC ADR: Arbitration, Mediation and Expert Determination

The Patent Mediation and Arbitration Centre (PMAC) forms part of the Unified Patent Court (UPC). Its rules of operation are available here. It operates independently, but carries out its tasks in close contact and cooperation… more
 /  Alternative Dispute Resolution (ADR), Commercial Law & Contracts, Intellectual Property, International Law & Trade

US Supreme Court asked to review Bestwall’s Texas Two-Step

The so-called Texas Two‑Step is a restructuring strategy that uses Texas state divisional‑merger law to separate a company’s operating business from certain legacy liabilities, often those involving mass tort claims. The core… more
 /  Bankruptcy, Business Organizations, Toxic Torts

Law of 5 May 2026 transposing CRD VI in Luxembourg - key provisions and practical implications

The law is a major regulatory milestone, bringing significant changes for domestic financial institutions and reshaping the framework for third-country market access, governance, and prudential oversight. The Law of 5 May… more
 /  Finance & Banking, International Law & Trade, Mergers & Acquisitions

When is a transaction that avoids HSR a transaction for avoidance?

On March 19, 2026, Sen. Elizabeth Warren and Sen. Richard Blumenthal sent a letter to Jensen Huang, Chief Executive Officer of NVIDIA, suggesting that NVIDIA may have engaged in a transaction for avoidance in violation of the… more
 /  Antitrust & Trade Regulation, Commercial Law & Contracts, Mergers & Acquisitions, Science, Computers, & Technology

Handy client guide to privilege (UPDATED)

Our client guide to legal professional privilege under English law comprises: • A decision tree: intended as a quick reference to help determine which documents can legitimately be withheld on grounds of privilege; and… more
 /  Civil Procedure, Electronic Discovery

UK Public M&A Monthly Activity Update: April 2026

In April 2026, there were four Rule 2.7 announcements made across the UK public M&A market and six further possible offers / sale processes announced… more
 /  Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions, Securities Law

Bad bets: Recent enforcement actions against prediction market participants misusing insider information

In an article we recently published in the New York Law Journal, we outlined the Commodity Futures Trading Commission’s (CFTC) statutory framework for regulating prediction markets, like Kalshi and Polymarket, in light of recent… more
 /  Administrative Law, Criminal Law, Finance & Banking

Updated asylum-related questions at US consulate visa interviews may be grounds for nonimmigrant visa denials

Several major media outlets have reported that on April 28, 2026, the U.S. Department of State issued a cable, effective immediately, directing consular officers to “request that a nonimmigrant visa applicant affirm that he or… more
 /  Immigration Law

Asia Private Capital: Quarterly Analysis - Quarter 1

Asia saw low levels of M&A activity in Q1 2026, and this was also seen in the buyout space. The level of buyout activity was well below both the value and volume seen in Q1 over the last few years, with values falling below Q1… more
 /  Business Organizations, Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions, Securities Law

Bare but not unfair: Court approves naked no vote break fee

In brief - • Naked no vote break fees are generally not seen in public M&A deals — according to our data, they have not featured in any deals in the last five years and only two deals in the last ten years. • In the recent… more
 /  Mergers & Acquisitions, Securities Law

Proposed changes to CGT non-resident withholding to impact M&A timetables

In brief- If the changes in the exposure draft are enacted: • New ATO notification requirement: Vendors will need to notify the ATO when issuing a CGT membership declaration in transactions valued at $50M or more, a step… more
 /  Mergers & Acquisitions, Taxation

What the Star decision means for M&A in Australia

In brief - Directors and management teams are asking what Justice Lee’s recent decision Star Entertainment (Star) means for M&A. The decision does not call for any radical change in how major M&A processes are run, nor… more
 /  Business Organizations, Mergers & Acquisitions, Securities Law

Self-driving vehicles take to the road: UK government publishes pilot scheme guidance

The UK government’s self-driving vehicle pilot scheme permits the operation of autonomous vehicles (AVs) on public roads without a human driver for the first time. This marks a significant milestone on the UK's AV journey, since… more
 /  Administrative Law, Science, Computers, & Technology, Transportation

‘Comprehensive and coordinated’: Whether and how DOJ ramps up fraud enforcement remains to be seen

On April 7, 2026, the Department of Justice (DOJ or Department) announced the creation of the National Fraud Enforcement Division (NFED). The new division’s “core mission,” according to the memorandum released by acting Attorney… more
 /  Criminal Law, Health, Taxation

OFAC Expands Economic Fury Sanctions Targeting Iranian Missile and UAV Procurement Networks

On April 21, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a new sanctions action under its Economic Fury campaign, targeting Iranian missile and unmanned aerial vehicle (“UAV”)… more
 /  Energy & Utilities, Finance & Banking, International Law & Trade
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