Dentons chair on the Dacheng merger: “Like Halley’s Comet and the Holy Grail”

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Clifford Chance considers super-points plateau in lockstep review

Clifford Chance’s new managing partner Matthew Layton is wasting no time in stamping his mark on the firm. Just a week after the appointment of the firm’s first global innovation head and a new chief operating officer, we reveal today that Clifford Chance has also kicked off a review of its lockstep. Sources suggest that […]

Eversheds unveils 10-step guide in wake of SNB’s unpegging of Swiss franc

Last week, the Swiss National Bank (SNB) removed the €1.20/CHF peg. This took the FX markets by complete surprise, and caused a dramatic spike in the value of the Swiss Franc. The full scale of that fallout remains to be seen. Casualties include a major hedge fund which reportedly suffered nearly US$1bn in FX losses. […]

Amsterdam

De Brauw notary team splits away as Dutch boutique trend gains momentum

A team of corporate law notaries from Benelux firm De Brauw Blackstone Westbroek have used the growth of the boutique market in the Netherlands as the catalyst to establish their own spin-off practice. De Brauw partner René Clumpkens, counsel Anne-Marie Struycken-van Daelen and senior associate Cindy Smid, together with two paralegals, started Zuidbroek Corporate Law Notaries […]

No5 Chambers barrister in green belt appeal

The Court of Appeal has handed down judgment in Gedling BC v Timmins.   This is a green belt policy case that casts some doubt, but reaches no definitive conclusion, on earlier decisions that said development that is not inappropriate in the green belt is confined to the descriptions in paragraphs 89 and 90 of the Framework. […]

China

China’s Dacheng merges with Dentons to create world’s biggest firm

PRC firm Dacheng is to merge with global firm Dentons in only the second tie-up between a Chinese and Anglo-Saxon firm in history. The deal, which is understood to be taking effect next week, will create a firm with 6,500 lawyers, making it the world’s largest by headcount. Due to Chinese regulatory restrictions the deal […]

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