Latest Briefings

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

Recommended

Baker McKenzie

Bakers’ SDT hearing will go ahead virtually, tribunal rules

The Solicitors Disciplinary Tribunal has decided that the SRA’s case against Baker McKenzie and former partner Gary Senior will be heard remotely on April 27. The case was adjourned in November 2019, after nine days because former HR director Martin Blackburn, who was also referred to the tribunal by the SRA, was unable to appear […]

parliament

Sunak’s loan scheme offers a lifeline to law firms

It’s safe to say that any firms that have tried to access the government’s coronavirus business interruption loan scheme (CBILS) would agree it’s a work in progress. The government has put in place a £330bn package, meaning businesses generating less than £45m in revenue can access a loan of up to £5m that is 80% […]

bank

Balfour Beatty GC resurfaces at Aldermore Bank

Former Balfour Beatty general counsel Jonathan Lagan has landed in the top legal role at Aldermore Bank. Lagan joins the FTSE 250 bank after a short spell at the construction giant. At Aldermore, Lagan will be responsible for all legal issues and risk including leading the legal and company secretarial teams, and will work with […]

leeds

Walker Morris furloughs staff to conserve cash

As the legal industry battles the financial consequences of the coronavirus pandemic, Walker Morris is furloughing some members of staff to protect the long-term health of the business. Staff in some “quieter practice areas” will now be part of the government’s job retention scheme. The scheme currently allows organisations to claim back 80 per cent of […]

Linklaters

Linklaters suspends partner profits distribution for Q4

Linklaters has decided not to pay the next quarter’s distribution of profits to partners, which had been scheduled to take place in June. The decision reflects similar moves taken by Freshfields Bruckhaus Deringer, which this week confirmed it too would not be dishing out profits to partners for Q4. As well as this, Linklaters will […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more