Latest Briefings

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

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BT

Fifteen firms win places on BT’s slimmed-down roster

BT has more than halved the number of firms on its legal panel, with firms including Freshfields Bruckhaus Deringer and Addleshaw Goddard securing places. The telecoms giant announced today it has trimmed its panel down from over 40 to just 15. Reappointments to the panel include Addleshaws, Allen & Overy, Bryan Cave Leighton Paisner, CMS […]

BT

BT parts ways with legal tech business after eight years

Telecoms giant BT has sold its legal technology business Tikit, with legal advisers including Kirkland & Ellis and Addleshaw Goddard. The sale came after BT scanned the market for potential buyers as part of a divestment process that began in the summer of 2019. Financial terms were not disclosed. Tikit provides technology solutions to legal […]

DWF Manchester

DWF acquires BT Law for nominal “£1” fee

DWF has taken over BT Law, a separate entity operated by the telecoms giant, for what is understood to have been a nominal fee of about £1. The Lawyer understands that the acquisition was part of the agreements signed when, over the summer, the publicly-listed firm came triumphant out of a tender process that saw […]

Out of office

Reed Smith responds to pandemic pressures with new unpaid leave scheme

Reed Smith has set up an unpaid leave programme for its staff, as the firm continues to deal with the ramifications of Covid-19. Any Reed Smith employee or fixed-share partner can apply for the global initiative, which was recently launched by the firm’s chief human resources officer Kevan Skelton and allows for staff to take […]

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