Glossary

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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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James Chapman & Co advises Man U on £30m sponsorship

James Chapman & Co is advising Manchester United on a £30m sponsorship deal, which it claims is the largest ever for any sports club. The world’s biggest telecommunications company Vodafone has signed a four-year deal worth £7.5m a year. Its sponsorship will include mobile phone and internet access to the team’s supporters and the right […]

Simmons acts first on new Hong Kong index

The Hong Kong office of City firm Simmons & Simmons has acted on the first private company listing on a new market of the Hong Kong stock exchange. The firm advised investment bank ICEA Capital, which is the global co-ordinator, sponsor and lead manager for the listing of Yuxing InfoTech Holdings, a high-tech company based […]

Second partner switches from Theodores to US firm in week

US firm Jones Day Reavis & Pogue has lured Theodore Goddards’ head of corporate finance John Clark to join its London office. Clark is the second department head to leave Theodores for a US firm in a week. Last week, The Lawyer revealed that head of tax Tim Sanders was joining McDermott Will & Emery. […]

Digests

Nomura’s managing director and chief general counsel Stephen Ball has quit the Japanese banking giant. Ball, who left after deciding not to renew his three year contract, is currently on gardening leave. Sources say he has not yet made any plans regarding his future employment. White & Case has elected head of banking Duane Wall […]

Linklaters acts on Lastminute listing

Linklaters & Alliance has pulled off a coup by providing both UK and US advice on the listing of its first-time client Lastminute.com. The firm clinched the deal to advise the internet firm – which specialises in last minute discounted bookings for everything from theatre tickets to international flights – on its initial public offering […]

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