Flotations & Financing

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Manage DSAR Challenges through Workflow Optimisation and Automation

When the General Data Protection Regulation (GDPR) went into effect on 25 May 2018, it eliminated the cost barrier for an individual to submit a Data Subject Access Request (DSAR), potentially increasing the burden on organisations required to provide the results, and all in a tighter timeline. This has created a challenge for many organisations […]

Bulgaria introduces more detailed rules for provision of remote and online payment services

By Svilen Issaev, Denitsa Kuzeva The Bulgarian National Bank (the “BNB”) has recently adopted amendments to its Ordinance No 3 on the Terms for the Opening of Payment Accounts, Execution of Payment Transactions and Use of Payment Instruments (the “Ordinance”). The new amendments bring the Ordinance in line with the provisions of Commission Delegated Regulation (EU) 2018/389[1] (the […]

Bermuda Public Companies Update – July 2019

In the latest edition of our Bermuda Public Companies Update we recap significant transactions involving Bermuda public companies over the period H1 2019. Global market update The first half of 2019 saw a notable slow-down in global market activity from the same period last year. Capital raised in the global IPO market fell by 37%, with volume down 34% on […]

Reflecting on Reflective Loss

By Nigel K. Meeson Primeo Fund (In Official Liquidation) and Bank of Bermuda (Cayman) Limited, HSBC Securities Services (Luxembourg) SA (Cayman Islands Court of Appeal 13 June 2019) The common law principle of reflective loss has been judicially described as a “perplexing and developing area”. The most recent decision of the Court of Appeal in […]

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In brief: Louise Woodward

Louise Woodward, the British au pair whose murder trial was televised live to a viewing audience of millions in the United States, will go public to oppose the lifting of a ban on television cameras in British courts. Woodward, 20, who was convicted of the manslaughter of 18-month-old Matthew Eapen, will address a gathering of […]

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A MAGISTRATE has resigned because he fears physical attack from defendants or their hangers-on. Alan King, chairman of the West Norfolk bench, says open intimidation of prosecution solicitors and witnesses, and contempt for the authority of Justices of the Peace, is rife in courtrooms. King says the police at Norfolk’s magistrates’ courts have been replaced […]

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When the Employment Rights (Dispute Resolution) Act 1998 comes into force later this year, claims by employees will increasingly be hammered out under a more casual regime of dispute resolution. However, employment lawyers fear that, under the new legislation – designed to speed up and reduce the cost of employment disputes – crucial judicial decisions […]

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