Baker & McKenzie remains world’s largest firm with $2.3bn turnover

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Cravath, Pepper Hamilton lead as IBM buys Kenexa for $1.3bn

Cravath Swaine & Moore and Pepper Hamilton have taken the helm as IBM acquired human resources management company Kenexa for $1.3bn (£820m) to boost its cloud-based software offering. The deal will see IBM acquire Pennsylvania-based Kenexa in an all-cash transaction at a price of $46 (£29.10) per share, for a net price of an estimated […]

2

Brave New World?

Proposals for modernising the family courts could cause more problems than they solve, says Zoe Saunders Back in the dim and distant past (July), before the chaos of school and summer holidays, Mr Justice Ryder delivered the final chapter of his latest magnum opus: Judicial Proposals For The Modernisation Of Family Justice. There can be […]

13

Birchams exits NFU panel as 15 firms reappointed

Bircham Dyson Bell has left the National Farmers Union’s (NFU) external legal panel “by mutual consent”, as 15 firms have won places on the reviewed roster of advisers. Birchams is the only one of the NFU’s previous 16 panel firms to exit the roster following an “intensive” two-month review carried out earlier this summer by […]

6

Quinn Emanuel defeated as Samsung ordered to pay $1bn in Apple damages

Quinn Emanuel Urquhart & Sullivan client Samsung lost a landmark patent case against arch-rival Apple over the weekend with a US court ordering Samsung to pay $1bn (£655m) in damages for infringing several of the iPhone maker’s designs. The smartphone giants had been locked in battle after accusing each other of copying key features found […]

Dewey pushes for court approval of $70m settlement deal

Dewey & LeBoeuf’s wind-down team has filed a motion calling for court approval of its settlement deal for former partners, arguing that financial commitments were obtained in a short space of time despite the “shock, anger and dismay” resulting from the firm’s collapse. The motion, filed yesterday (29 August) in the US bankruptcy court for […]

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