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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

Recommended

Slaughters under fire in RAC case

Slaughter and May is embroiled in a case before the Court of Appeal today (20 November) that could have far-reaching implications for company law. The case concerns the Royal Automobile Club’s (RAC) £437m sale of its motoring services division in 1999 to Lex Services. The case has been brought by former RAC members against the […]

Clifford Chance faces £54m suit over China deal

Southern Energy (Shajiao C) Ltd, a global energy provider and its subsidiary Consolidated Electric Power Asia, are among the five-strong consortium suing the law firm for the alleged breach of the 1991 contract. Clifford Chance, which has built up a prosperous practice in Hong Kong with 130 lawyers advising Chinese companies, grossed more than £440 […]

Amerada Hess

Amerada Hess makes £2.4bn bid for UK independent oil company Lasmo. Amerada Hess advised by Goldman Sachs, Freshfields Bruckhaus Deringer (Tim Emmerson) and White & Case (Timothy Goodell). Lasmo represented by Slaughter and May (Simon Phillips), Sullivan & Cromwell (Richard Morrissey), Schroder Salomon Smith Barney, Cazenove & Co and UBS Warburg.

Deal of the week – DaimlerChrysler

This is the seventh deal that Northampton firm Howes Percival has acted on for DaimlerChrysler’s UK subsidiary during the past two years, and this particular transaction was completed in less than a fortnight. Time was of the essence in this case because the deal had to be closed before 300 Lex Autosales employees were made […]

Asticus

Asticus sells freehold interest in 15 Great Marlborough Street to Royal & SunAlliance for £30.7m. Asticus advised by Denton Wilde Sapte (Stan Gniadkowski). Royal & SunAlliance advised by Maples Teesdale (Mark Bryan).

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