BLP’s corporate ambitions still burn, but the hunt for a rainmaker goes on

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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…

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1

Lehman law firm creditors missed off official list

Law firms owed millions of pounds by Lehman Brothers have been missed off a list of trade creditors issued last Tuesday (4 November) by administrators PricewaterhouseCoopers (PwC). The London offices of Allen & Overy, Ashurst, Cadwalader Wickersham & Taft and Clifford Chance are just four of the firms missing. “It’s all a complete bloody mess,” […]

2

New compromise

Guernsey’s new Companies Law means that compromise agreements are now more aligned with English law. Nick Gamble and Mathew Newman report A problem typical to insolvent/quasi-insolvent restructurings is that claims are often structured in two different ways. They are either structured as to require unanimity among a creditor class for changes to the fundamental terms […]

Government stats reveal drop in US legal jobs

The US legal services industry has suffered the first significant year-on-year drop in employment in a decade. The most recent report from the US Bureau of Labour and Data Statistics, published today (Friday 7 November) shows that employment in the sector was down by 1.25 per cent in October 2008 compared with the same month […]

Simmons in Wachovia, Links raids for China duo

Simmons & Simmons has hired a senior legal counsel from Wachovia Bank to expand its China financial markets group. Sau-Wing Mak, who was also a senior vice-president at Wachovia and was previously a Linklaters solicitor, joins Simmons as a partner. She will be joined in Hong Kong by Linklaters managing associate Kevin Tong, who joins […]

Plea to ministers as pro bono week begins

The Law Society joined forces with the Bar Council and the Institute of Legal Executives this morning to launch the seventh annual Pro Bono Week. It is expected to be the biggest event of its kind to date, with more than 70 organised events compared with 30 in 2007. Michael Napier, Irwin Mitchell partner and […]

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