DLA sends in lawyer to save Saudi practice

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Latest Briefings

New resource and waste strategy published

By Ben Sheppard The first change to England’s waste strategy since 2010, it represents an ambitious programme of reform which will shape the landscape for sustainability to 2030 and with some proposals looking as far ahead as 2050. Affecting the food, manufacturing and packaging sectors as well as the waste sector, key policies include the […]

Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

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.

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1

SIV restructurings alone do not a structured finance industry make

Despite a stay of execution, structured finance lawyers are still at risk, says Julia Berris in New York Layoffs have begun to plague law firms on both sides of the Atlantic, with transactional teams in particular starting to dwindle in size. Despite being the darling of the boom ­period, structured finance has been one of […]

3

French court fines eBay €40m over counterfeits

As dedicated followers of fashion know, a decent handbag is worth its weight in gold. But eBay has discovered that a counterfeit one could cost it almost e40m (£31.81m). As reported by The Lawyer last week (2 July) French court Tribunal de Commerce has demanded that eBay shell out almost e20m (£15.91m) to Louis Vuitton […]

Current economic conditions in the shipping finance market

The shipping and ship finance markets have always seen strong cyclicality – but for once the current driver for change is not from the shipping market itself, but in the financial market with the banking liquidity crisis which originated in the US sub-prime housing market. So, what can an owner expect if it approaches its […]

Salans’ HR goes global with Hesketh hire

Salans’ chief operating officer, Neil ­Woodcock, appreciates that traditional career paths are a thing of the past – that is why he has signed up a global HR head. Salans has snapped up former ­Freshfields Bruckhaus Deringer HR ­manager Judith Hesketh. The ever-expanding reach of the firm, together with changing attitudes to happiness at work, […]

Sidley promotes 34, one in London

Sidley Austin has promoted 34 lawyers to its partnership, including four in the firm’s Asia Pacific offices and one in London. The London promotion is finance and securities specialist David Howe. Howe, formerly of Clifford Chance, was one of the group of former Brown & Wood (which merged with Sidley & Austin in May 2001) […]

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