CC settles with Russian clients for unpaid fees

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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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Berryman makes up two, hires one

•Midlands-based Berryman has made two internal partner promotions and one lateral hire. Property development specialist Adam Youatt, IP lawyer Scott Farnsworth and commercial contracts expert Ed Wright took up their posts in April. Youatt and Farnsworth are both established Berryman lawyers, while Wright joins from Denton Wilde Sapte. Managing partner James Jarvis said: “These are […]

TwoBirds wins ECJ approval for Celltech over EU’s trademark office

Bird & Bird has won a crucial trademark battle in the European Court of Justice (ECJ) for biotech client Celltech, ending a seven-year battle for the company. The ECJ ruled for Celltech against the Office for Harmonisation in the Internal Market (OHIM), the centralised trademark office in the EU. Seven years ago Celltech applied to […]

Freshfields wins back Astrazeneca’s UK work

Freshfields Bruckhaus Deringer has reinstated itself as AstraZeneca’s main UK firm for big M&A deals, scooping a key role on the company’s $15.6bn (£7.78bn) purchase of MedImmune. Freshfields held off a chasing pack of City heavyweights, including Herbert Smith and Linklaters, which all have links with AstraZeneca. There is intense competition for AstraZeneca’s corporate work […]

Freshfields creates EPB development post

•Freshfields Bruckhaus Deringer has created a new job description for a senior lateral hire focused on developing the firm’s employment practice. The magic circle firm’s employment, pensions and benefits (EPB) group has hired the founder and managing director of Ius Laboris, the international network of firms that specialise in employment law. Jean-François Gerard joins Freshfields’ […]

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Herbies makes moves to boost Dubai

Herbert Smith is strengthening its Middle East presence with one partner transferring from Paris and another two set to move across in the summer. The firm opened its Dubai office under former Norton Rose partners Nadim Khan and Zubair Mir in March. While their focus is on finance, the firm has moved Paris-based international projects […]

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