CC poaches King & Spalding M&A boss

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Israel-Lebanon conflict sparks litigation quagmire

London lawyers are tied up dealing with litigation arising from the 34-day war between Israel and the Lebanese militant group Hezbollah, over a month after fighting ended. The conflict produced a morass of trade and shipping disputes, mainly over the delays caused to cargo after ships were blockaded and prevented from reaching their Middle Eastern […]

Freshfields bags Deutsche-UBS mandate on Europe’s largest hybrid

Freshfields Bruckhaus Deringer has bagged a lead role on Siemens’ recent placing of Europe’s largest corporate hybrid bond. Freshfields is advising Deutsche Bank and UBS as joint book runners and structuring advisers to Siemens on its EUR900m and £750m hybrid bonds. Freshfields’ corporate and finance partner Rick van Aerssen told The Lawyer: “We won this […]

ECJ: Language tests not required

The European Court of Justice (ECJ) yesterday (19 September) threw out the requirement for a lawyer to speak the language of the country he wants to practise in. The ECJ handed down judgment in a case brought by the European Commission against Luxembourg after the Commission believed that Luxembourg’s bar rules, which require a lawyer […]

…As total lawsuits against firm breach $20m mark

Coudert Brothers faces a slew of lawsuits across the world, which is costing former partners hundreds of thousands of dollars a month in legal fees. The amount claimed by litigants has topped $20m (£10.67m), with cases running in just about every jurisdiction in which Coudert practised. Many of the cases involve Coudert’s premises, with disputes […]

Wembley project hit by further litigation

The construction of the new Wembley Stadium will go down in history as one of the most litigious projects ever to take place in the UK. Australian builders Multiplex and solicitors Clifford Chance have already won a breach of contract claim against steel contractors Cleveland Bridge in the High Court. Cleveland Bridge is appealing and […]

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