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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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What is the magic number?

The magic circle’s days are numbered. Clients think the concept allows partners to charge a premium – a fact corroborated by revelations of the amount already paid out to Linklaters on the Lehman administration. Those at the elite group of five would argue that it’s only because of the unrivalled quality of their lawyering that […]

BT names next legal chief as Fletcher steps down

BT group general counsel Anne Fletcher has stepped down, with former Misys general counsel Daniel Fitz poised to take over her role. Fletcher, who was with the company for 24 years, the last nine as legal chief, has decided to leave the company. A spokesperson did not confirm the reasons for Fletcher’s departure. Fitz was […]

Pointing the finger

While investors know securitisation prospectuses are not infallible, the question of which party shoulders the blame should information be remiss remains something of an enigma. By Andrew Twigger  Many different specialists are involved in structuring a securitisation, including valuers and financial modellers who estimate the value of the income stream, the rating agencies and […]

4

Jack Straw moots end to UK libel tourism

The eradication of libel tourism will be a key concern for the next UK parliament, with Justice Secretary Jack Straw today announcing a range of libel reforms. Straw hopes to put a stop to libel claims made against foreign publications that can be accessed in the UK by asking the Civil Procedure Rule Committee to […]

2

Muted response to Budget from legal community

Lawyers have greeted Alistair Darling’s last Budget before the general election with a lukewarm response, believing his plans to further tax the City smack of electioneering electioneering. In today’s Budget speech the Chancellor said he will look to implement an international “systemic risk tax” on financial institutions as well as trailing a raft of anti-avoidance […]

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