Careers: In brief

Kennedys has appointed Jonathan Raynes as a partner in the construction team.

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Latest Briefings

New resource and waste strategy published

By Ben Sheppard The first change to England’s waste strategy since 2010, it represents an ambitious programme of reform which will shape the landscape for sustainability to 2030 and with some proposals looking as far ahead as 2050. Affecting the food, manufacturing and packaging sectors as well as the waste sector, key policies include the […]

Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

Recommended

Acquisition Finance Update

The biggest financing deal of December was the £3.3bn package supporting Dubai Ports World’s bid for P&O – a bid which at press time was being contested by Singapore-based PSA. Allen & Overy (A&O) partner Mike Duncan led for Deutsche Bank, while Clifford Chance partner Mark Campbell advised Dubai Ports World. Denton Wilde Sapte partners […]

Freshfields revamps US management team

Freshfields Bruckhaus Deringer has appointed New York-based finance specialist Brian Rance to succeed Ted Burke as US managing partner. Rance will take the helm in the spring when Burke relocates to London to take over from Hugh Crisp as chief executive. Commenting on the apppointment Freshfields’ new senior partner Guy Morton said: “The US is […]

Regulatory Roundup

Europe’s competition watchdogs went into hyperdrive as 2005 drew to climactic end. The European Commission charged Microsoft with failing to comply with its antitrust ruling of 2004. The move outraged Microsoft lawyers, who complained that the regulator continued to move the goalposts. EU competition commissioner Neelie Kroes found that Microsoft had supplied incomplete and inaccurate […]

Crunch time at the OFT: enforcement boss gives green light to early screening unit

The Office of Fair Trading (OFT) is to launch a preliminary investigation unit to screen new cases amid mounting public pressure to put its house in order. The new department will investigate matters on a preliminary basis and decide whether new cases ought to be considered by the regulator or not. Interviews for the post […]

Ashurst kicks off international push

Ashurst has revealed plans to expand its offices throughout Europe and Asia in a bid to increase the amount of work generated outside London. Ashurst senior partner Geoffrey Green told The Lawyer that the firm hoped its international offices would eventually generate one-third of the total workload of the firm. Its international offices currently create around 28 per […]

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