Ashurst bolsters Frankfurt with White & Case hire

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

Contracted out leases: What are they and what happens when they end?

By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

By Marilia Frias, Carolina Moniz Marília Frias, senior associate of the Information, Communication & Technology practice, writes an article dedicated to passenger data protection for air carriers in Portugal for the March/April edition of the Legal Business magazine. In this article, focused in the new PNR Law (PNR – passenger name record ), the lawyer […]

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Clifford Chance taps Thacher Proffitt for US banking hire

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Companies should obey the law in lawless lands

In the gallons of ink spilled in the debates over business and human rights, one assumption has remained uncontested: companies should obey the laws in the jurisdictions in which they operate. In the words of the International Chamber of Commerce: “All companies are expected to obey the law, even if it is not enforced, and […]

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