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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

Commission ploughs £3m into legal aid

The Legal Services Commission is making a further 100 grants available to help fund future legal aid solicitors. Each grant could be worth up to £30,000, meaning the total cost be almost £3m. The grants will cover the tuition fees of students on the Legal Practice Course (LPC), as well as 75 per cent of […]

Shearman, CC scoop leads in Nokia’s Siemens deal

Shearman & Sterling and Clifford Chance have bagged the key roles on the €16bn (£10.97bn) merger of Nokia and Siemens’ network businesses. The two companies will form a 50-50 joint venture called Nokia Siemens Networks, with predicted sales of E16bn and cost savings of €1.5bn (£1.03bn) a year by 2010. The new company will employ 60,000 people […]

Separated at birth

It’s summer so it must be Big Brother. Sadly, this year it’s even more inescapable than ever, with countless hugely annoying contestants and wall-to-wall coverage 24 hours a day, probably until Christmas. Mrs Tulkinghorn is in reality TV heaven. Talking of annoying contestants, none has been more unpopular than this year’s first evictee, Sezer. The […]

Orrick boosts Rome with Pocci takeover

Orrick Herrington & Sutcliffe has absorbed boutique Studio Legale Pocci to bolster its corporate practice in Rome. Sole practitioner Marco Pocci joins with one associate and brings clients such as Buena Vista Hospitality Group and transport company Omnialogistic. Pocci is dual Italian/UK qualified and has experience working in Hong Kong for Barlow Lyde & Gilbert. […]

Firm friends

Reed Smith and Richards Butler say they will succeed where other US-UK mergers have failed. But only one man can pull it off Just five years ago, in 2001, Pittsburgh firm Reed Smith had 594 lawyers, who brought in $193m (£104.89m), with an average profit per equity partner (PEP) of $335,000 (£182,000). By January 2007, […]

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