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- Home
- Professionals
- Antonio Michaelides
Antonio Michaelides advises clients in heavily regulated sectors on a broad range of cross-border regulatory and compliance matters, with a particular focus on Europe and the Middle East. He has particular expertise in helping clients navigate international HR-legal compliance issues—including labor laws, international equity compliance and immigration matters—and frequently helps multinationals find solutions to their most complex global employment and benefits challenges.
Mr. Michaelides is a member of our Global Workforce Solutions team, which brings together various practice areas to provide the employment, employee benefits, tax, immigration and other advice required in these complex situations, and advises clients across a range of industries on both larger strategic projects arising out of company restructures and global mobility arrangements, and day-to-day HR-legal matters.
Mr. Michaelides has extensive experience with government affairs and regulatory matters in the Middle East—advising government entities, as well as private companies, on a variety of regulatory infrastructure and compliance issues. He previously advised free zone authorities in the Emirate of Dubai on employment and immigration matters, including amendments to the DIFC Employment Law and the application of the DMCC Employment Regulations, and is currently advising on the development of legal and regulatory infrastructure for a number of government-led projects in Saudi Arabia.
Given his EU law expertise, particularly in the areas of free movement of people and establishment, Mr. Michaelides is a member of the firm’s Brexit Taskforce which is advising a range of clients on the impact and implications of Brexit.
Clients appreciate his responsiveness and business-focused advice, and benefit from his cultural awareness and extensive language skills in the context of managing international projects.
In addition, Mr. Michaelides has presented, and provided training, to clients and external organizations on the challenges of international assignment management and other common global mobility issues.
- Advised several multinational companies on corporate, regulatory and compliance projects in Saudi Arabia and the United Arab Emirates.
- Advised two free zone authorities in the Emirate of Dubai on the drafting and implementation of new employment (including dispute resolution) laws.
- Assisting one of the world’s largest start-up companies with the employment and employee benefits aspects of their aggressive international expansion project across the globe.
- Successfully assisting a major pharmaceutical company to protect its UK business following a senior employee’s breach of confidentiality obligations.
- Advising a FTSE-listed company in relation to a proposed reduction of its workforce across Europe and Asia.
- Advising a professional services firm on the secondment of over 200 employees from the UK and Europe to the Middle East.
- Advising European and U.S.-based financial institutions on the termination of employment of individuals seconded to the DIFC in Dubai from the UK and on the settlement of claims and enforcement of restrictive covenants in both jurisdictions.
- Defending a leading investment bank in the largest UK. bonus dispute arising from the global financial crisis, brought by 104 employees.
Pro Bono
- Advising a global charity in relation to the implementation of HR policies in the UK.
- Representing a UK charity in defending allegations of disability discrimination.
- Board Trustee of Privacy International
Memberships and Affiliations
- Employment Lawyers’ Association
- Association Internationale des Jeunes Avocats (International Association of Young Lawyers)
Previous Experience
- Research intern at the European Commission in the field of free movement of persons and services and EU employment, social affairs and inclusion.
January 2021
Recapture of Excess COVID-19 Payroll Tax Credits Addressed in New Regs As the legal, regulatory, and commercial implications of coronavirus COVID-19 continue to evolve, our lawyers and advisors are helping clients navigate the complex considerations that companies around the world are facing and develop plans and strategies in response. Reach out to our ...
January 2021, Covington Guide
The EU-UK Trade and Cooperation Agreement (EUTCA) reached on December 24th is a wide-ranging and complex agreement. Our Brexit Task Force offers these "bite-sized" recordings to give a snapshot of what you need to know in each area. Though the EUTCA provides the overall architecture of the future relationship in a number of areas, much of the detail must still ...
December 28, 2020, Covington Alert
On December 24, 2020, exactly four and a half years after the result of the UK’s EU Referendum, the UK and the EU reached an agreement on their future trade and cooperation arrangements: the EU-UK Trade and Cooperation Agreement (“EUTCA”). The transition period that has run since the UK left the EU in January 2020 will end at midnight Central European Time on ...
December 2, 2020, Covington Alert
As discussed in the previous two installments in this series dealing with voluntary separation programs and global reductions in force, workforce reorganizations can take various forms and, even within a particular scenario, there can be many nuances. One constant, however, is usually advance planning. The importance of this cannot be overstated, especially in a ...
November 24, 2020, Covington Alert
As large companies across the globe continue to navigate the ongoing COVID-19 pandemic, many are considering workforce reorganizations as a way to reduce costs in light of geopolitical and economic uncertainties, flagging demand, and a rapidly changing outlook for recovery. Workforce reorganizations can take many forms; however, many companies will consider ...
November 17, 2020, Covington Alert
As large companies across the globe continue to navigate the ongoing COVID-19 pandemic, many are considering workforce reorganizations as a way to reduce costs in light of geopolitical and economic uncertainties, flagging demand, and a rapidly changing outlook for recovery.
November 2, 2020, Covington Alert
On Saturday 31 October, the UK Government announced a new national lockdown and confirmed the extension of the existing Coronavirus Job Retention Scheme, more commonly referred to as the “furlough” scheme. In this alert, we set out what the UK Government has announced and what this means in terms of the support available to employers, including the status of the ...
June 27, 2020
WASHINGTON—Covington represented Piramal Enterprises Limited (PEL) in the sale of a 20% stake in Piramal Pharma Limited (Piramal Pharma), a wholly owned subsidiary of PEL that will contain its pharmaceutical businesses, to CA Clover Intermediate II Investments, an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by affiliated ...
Spring 2020, Covington Guide
As businesses across Europe prepare to reopen following the COVID-19 lockdown, Covington is providing practical resources and guidance on the broad array of issues companies face as employees return to the workplace, including employment, privacy, competition, policy, environmental and regulatory considerations at the EU level, with a focus on Germany and the ...
March 27, 2020, Covington Alert
On Friday 20 March, the UK Government announced various support measures for UK businesses. One of these was the Coronavirus Job Retention Scheme (the “Scheme”), which it is hoped will reduce the risk that UK employers promptly dismiss employees in response to the Coronavirus outbreak. Further guidance was published on 26 March, providing some much needed detail ...
March 19, 2020, Covington Alert
The speed and severity of the current crisis means UK employers face very difficult and pressing decisions. Some intermediate steps can be taken to preserve workforces for a period and avoid immediate redundancies. Some form of individual or even collective consultation with employees or their representatives may be necessary. This can be used ...
Organisations Engaging Contractors in the UK to Prepare for the New Off payroll Working Legislation
March 2, 2020, Covington Alert
Businesses operating in the UK now have less than two months to prepare for implementation of the new off-payroll working legislation on 6 April 2020. Non-compliance could leave organisations with a significant tax liability and may jeopardise important relationships with key contractors, and risk business processes. Companies should act now to ensure they are ...
January 14, 2020, Covington Alert
This year will see the European Commission put forward legislative proposals on mandatory human rights and environmental supply chain due diligence as well as on sustainable corporate governance (“SCG”). The EU’s Justice Commissioner, Didier Reynders, confirmed this timeline when launching a public consultation on how the Commission should approach this ...
August 16, 2019, Covington Alert
The new Dubai International Financial Centre (DIFC) Employment Law (DIFC Law 2/2019) has now been published and will come into force on August 28, 2019. The new law contains significant amendments to the old DIFC Employment Law (DIFC Law 5/2004) and there have been revisions to the draft law published earlier this year.
July 26, 2019, Covington Alert
From April 2020, new rules will require all large and medium-sized private sector organisations to determine the employment status of their contractors and, where applicable, withhold tax and social security and pay employer social security on payments made to relevant contractors.
Covington Advises Ziylo on Acquisition by Novo Nordisk
August 23, 2018
LONDON—Covington has advised Ziylo on its acquisition by Novo Nordisk with a potential deal value that could exceed $800 million. Ziylo, a University of Bristol spin-out company based at the Unit DX science incubator, is a supramolecular chemistry company that has developed a third 'biomimetic' class of glucose binding molecules. The acquisition gives Novo ...
February 1, 2018, Covington Alert
This International Employment Update summarises recent international employment law developments in China, India, Italy, Russia, the United Kingdom, and the United States.
January 19, 2018, Covington Alert
In December 2017, the UK Government updated its proposals on the rights of European Union (“EU”) nationals and their families following the UK's exit from the EU (via a technical note setting out its proposed commitments).
Global Mobility Update
December 18, 2017, Covington Alert
In 2012 the G20 initiated the Base Erosion and Profit-Shifting (BEPS) project, headed by the Organisation for Economic Co-operation and Development (OECD). This aimed to tackle and reduce tax planning strategies which artificially shifted corporate profits to low- or no-tax jurisdictions.
All Change: Top Five Global Mobility Hot Topics
September 27, 2017, Employment Webinar Series
July 12, 2017, Covington Alert
In October 2016, the UK Prime Minister, Theresa May, commissioned Matthew Taylor, the Chief Executive of the Royal Society of Arts and former policy adviser to Tony Blair, to look at how employment practices need to change in order to keep pace with modern business models.
February 7, 2017, Covington Alert
This International Employment Update summarises recent international employment law developments in Austria, China, France, Italy, the United Arab Emirates, the United Kingdom, and the United States.
January 18, 2017, Covington Alert
The British Prime Minister, Theresa May, has now confirmed the government’s view that the United Kingdom must leave the European single market in order to give effect to the outcome of the EU referendum held on June 23, 2016. In light of that statement, the UK government’s promise to guarantee the status of EEA nationals already residing in the UK as soon as ...
April 14, 2016, Covington Alert
Latest figures suggest that women in the UK still earn on average 20 percent less than men. Companies that fail to address gender pay differences will be highlighted in league tables under the new Gender Pay Gap Regulations. The draft regulations require private employers in the UK to collect and publish information showing differences in pay between male and ...
February 27, 2015
LONDON, February 27, 2015 — Covington advised Heptares Therapeutics Limited on its announced sale to Sosei Group, a Tokyo-listed Japanese biopharmaceutical company with operations in Japan and the UK. Consideration consisted of $180 million cash at closing and up to an additional $220 million contingent upon the successful progression of Heptares’ pipeline and ...
- Legal 500 UK, Employment (2016)
- Who's Who Legal, Labour, Employment & Benefits (2016)
- The Lawyer Awards, shortlisted in the Employment Team of the Year category (2015)