Carter-Ruck fees success

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Latest Briefings

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.

Bermuda allows cannabis investment funds

By Elizabeth Denman Bermuda’s authorities have given the go-ahead for investment vehicles interested in taking advantage of the legal cannabis sector. Elizabeth Denman of Conyers Dill & Pearman explains why this offshore jurisdiction is the clear choice for setting up ventures investing in cannabis-related enterprises. Investment in cannabis businesses, either directly or through an investment fund, […]

New strategy for providing free access to government data

By Jürg Schneider, Christophe Gösken On 30 November 2018 the Federal Council adopted a new open government data strategy for providing the public with free access to government data. From 2020 onwards, all government data will gradually be made available for free and in a computer-friendly format. Replacing a previous version, the new strategy is mandatory for the […]

TMT Annual Report: Evolutionary Tale

Fernando Resina da Silva and Magda Cocco, VdA partners, contributed for the TMT Annual Report for the article “Evolutionary tale” about digital challenges. Regardless of the industry sector companies operate in, new business models will be needed to be developed. This may be a great opportunity for lawyers. Technology is revolutionising the economy and it […]

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The Lawyer Inquiry: Penny Elliot

Penny Elliott was born in Sheffield in 1955. She is a partner at Withers. What was your first job? A trainee wine merchant with Averys of Bristol. What was your first ever salary as a lawyer? u2,500. What would you have done if you hadn’t been a lawyer? Been a lady of leisure. What was […]

Euro law firms form millenium bug net

Herbert Smith is spearheading a network of European law firms to exchange advice on the implications of the “millennium bug”. The Pan-European Advice Network for Year 2000 (PLAN Year 2000) comprises 15 firms with expertise in information technology law, insurance law and cross-border litigation. The network has been set up to deal with disputes arising […]

Firms advise City clients to sack staff

Employment lawyers are sparking a spate of dismissals, primarily in the City, as they advise clients to sack staff – sooner rather than later – before the Fairness at Work Bill comes in later this year. Employment solicitors say dismissals have been increasing since late last year as a result of the impending legislation. Following […]

Counting on the junior bar

Many solicitors are hard-pressed to name a junior banking barrister they have used recently. Work, they say, is increasingly being carried out in-house, at the expense of the junior bar. Once again, 3 Verulam Buildings stands out for its strength in this field. Adrian Beltrami is “extremely good”, Richard de Lacy “knows what he is […]

City firms cash in on £3.75 bn issue

A landmark bond issue could set important precedents, say City lawyers. London & Continental Railways (LCR) is issuing the bond this month to finance the Folkestone to Fawkham section of the Channel Tunnel rail link. In an unprecedented move, the Government has guaranteed the issue for up to £3.75bn. The first tranche will be for […]

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