Beiten Burkhardt wins licence for Shanghai launch

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Latest Briefings

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

Board decisions made by delegation of powers can be challenged in court in Romania

By Mădălina Neagu, Andra Jegan To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and have enabled them to expedite corporate changes concerning their main […]

Canada: New checks under Police Record Checks Reform Act

By Amy Derickx On Nov. 1, 2018, new “checks” on the police record check system will be in force under Ontario’s Police Record Checks Reform Act. Organizations who rely upon police record checks as a method of determining suitability for employment or volunteer work will want to review related policies and procedures for the purposes of […]

Blockchain and Cryptocurrency Regulation 2019

Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions. […]

Mongolia – Trademark Protection

By Bolormaa Volodya The exclusive rights of the trademark holder will be granted or entitled when the trademark is officially registered with the General authority of Intellectual property and trademark certificate is issued. “Trademark” means distinctive expression used by an individual or a legal entity, engaged in manufacturing of goods or the provision of services, in […]

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CC withholds partners’ profit share as overheads escalate

Clifford Chance partners could be facing a leaner Christmas as the firm debates whether to pay or delay on two chunks of profits before the year-end. Clifford Chance has held back its October income distribution, the second time this financial year it has stopped a quarterly profit payment after The Lawyer revealed that the July […]

Tooled up

There has been a minor revolution in the corporate restructuring market in the past few years. Lyndon Norley reports on the changes There are few restructuring lawyers today who have not yet experienced the involvement of a hedge fund in a restructuring. Over recent years there has been a proliferation of such funds, which are […]

Royal Bank of Scotland panel review crawls over finish line

The Royal Bank of Scotland (RBS) has at long last concluded its highly unpopular online tender process for its new group legal panel. Sources close to the bidding process have indicated that Herbert Smith has won a place on the transactional panel for deals valued at £100m and over, along with Allen & Overy (A&O), Clifford Chance, Freshfields […]

Lawrence Graham fraudster to face the music

Police are one step further to bringing disgraced former Lawrence Graham partner Michael Fielding back to the UK. The Lawyer understands that the Metropolitan Police, which has been investigating the matter, has now handed over documents to the Crown Prosecution Service, meaning that Fielding’s extradition is imminent. No charge, however, has been made. In 2001, […]

I’ll give you a tinkle

Moving jobs can be so traumatic. It’s impossible to tell how a law firm will react on finding out that a lawyer is going to a rival. For instance, one particular lawyer at a magic circle firm caught the sharp end of his practice leader’s tongue when he told him he was leaving for a […]

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