Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

Recommended

deutsche bank

Deutsche Bank seeks new GC after departure of ex-Linklaters partner

The general counsel of Deutsche Bank has decided to step down from his role, six years after leaving the magic circle for a job in-house. Florian Drinhausen will leave the company at the end of May “by mutual agreement”. The former Linklaters partner has been Deutsche Bank’s head of legal since 2018, while he was […]

hong kong

Osborne Clarke to exit Hong Kong with office closure

Osborne Clarke has become the latest international firm to withdraw from Hong Kong after five years operating in the Asia financial hub. Osborne Clarke’s Hong Kong office will be shut at the end of June. It currently has two partners, two associates, a trainee and three support staff. The firm said all members of the […]

Manchester

Brabners cuts employee salaries by 20 per cent

Brabners has furloughed 75 employees and cut the salaries of the remaining, working staff to safeguard the firm during the Covid-19 pandemic. The measures, which are in place for a four-month period from April to the end of July, mean that employees earning at least £25,000 a year will have their salaries reduced by 20 […]

Linklaters

Linklaters makes up largest City cohort since 2007

Linklaters has promoted 30 lawyers to the partnership, as part of an international but male-dominated round. Effective from 1 May 2020, the promotions were made across 10 jurisdictions and 11 practices. Fourteen lawyers have been made up in the UK – the highest number since 2007 – with 53 per cent of the round promoted […]

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