Tulkinghorn: Beach thrall

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Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

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Jones Day London chief keeps schtum after quitting US firm

Jones Day’s London office head Russell Carmedy is remaining tight-lipped about his next move after resigning from the US firm earlier today. Carmedy and private equity partner Michael Nouril have both resigned from Jones Day’s partnership. Despite sources claiming since this morning that they are about to join the London office of US firm Proskauer […]

Bribe talkin’

It’s hard to know exactly why and when the concept of bribery got itself such a bad name. Judas Iscariot did bribery few favours when he sold out his mate Jesus of Nazareth in exchange for 40 pieces of tainted Roman silver. Some scholars, however, argue that the disciple’s greed was necessary in order to […]

Macfarlanes and SJ Berwin on either side of Wagamama sale

Macfarlanes and SJ Berwin have claimed the leading mandates for rival private equity houses on the £215m sale of noodle bar Wagamama. The Japanese-style food chain has been sold by Lion Capital, advised by SJ Berwin, to Duke Street ­Capital for more than ­double what the private equity seller paid for the company in 2005. […]

Top spy in as Beachcroft intelligence head

Beachcroft has appointed army veteran Bryan Houston as head of intelligence. Houston, who will work with the firm’s ­insurance claims validation unit, has 22 years’ operational ­military experience. Most recently he was surveillance and covert penetration team manager for HM Armed Forces. ­Houston has wide experience in setting up and managing bespoke intelligence teams and […]

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Freshfields assigns associate to advise top brass

Freshfields Bruckhaus Deringer has taken the ­radical step of appointing an associate-level adviser to augment its new senior management team. Corporate senior associate Kate Burns has been appointed to the position on a permanent basis. She will work alongside senior partner Will Lawes, managing partner Ted Burke and executive partner Stephan Eilers. Burns, who was […]

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