Clydes to merge with Beaumonts

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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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Offshore: Channel Islands

On 1 July the EU directive on the taxation of savings income will come into force. It will also become effective in the Channel Islands via agreements with individual countries within the EU. The directive allows three member states to adopt withholding tax for a transitional period, while the other 22 member states will adopt […]

Law Soc restructures for Clementi reforms

The Law Society has appointed chairs for its two new boards, in preparation for the implementation of Sir David Clementi’s recommendations for the reform of legal regulation. Former Law Society president Peter Williamson becomes chair of the Regulation Board, which will oversee the policy and operations of the society’s regulatory function. Shamit Saggar, professor of […]

Paul Hastings hires private equity team for HK

Paul Hastings Janofsky & Walker has hired a private equity team from Perkins Coie’s defunct Hong Kong office. Partner Maurice Hoo and associates Michael Hosokawa and Lung-Chi Lee will cover Asia with a focus on Greater China. Hoo has more than 15 years’ experience in cross-border private equity, venture capital and M&A, as well as […]

LEADER

Clifford Chance is so in love with the bold move that it’s even written into the firm’s statement of values. Under the heading of ‘Ambition’, it says plainly: “Not being afraid to be the first.” But Clifford Chance has been pretty timid recently. Time was when it would make a move and redefine the whole […]

Herbies and Slaughters land Britannic deal

Three firms have landed advisory roles on the £2bn merger of listed insurer Britannic and its private rival Resolution Life. Herbert Smith and Slaughter and May are acting for Britannic and Resolution Life respectively. Meanwhile, Freshfields Bruckhaus Deringer, led by partner Harvey Nugent, is acting for Citigroup and Goldman Sachs, which are acting as joint […]

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