DC powerhouse launches in New York

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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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Taylor Wessing boosts property with dual raid

Taylor Wessing has boosted its European real estate practice with the hire of three new lawyers. Environmental lawyer Luke Hinchley joins Taylor Wessing from Norton Rose. He will work alongside former Norton Rose partner Brian Greenwood, who joined Taylor Wessing in April as head of environment and planning, as well as former Norton Rose colleague […]

Kirkpatrick-Salans merger talks collapse

Kirkpatrick & Lockhart Nicholson Graham has signalled the extent of its global ambitions by making a merger bid for Salans, but four months of discussions collapsed in August. Kirkpatrick is now seeking new opportunities in Continental Europe, Asia and the US West Coast. Peter Kalis, the chairman and managing partner of Kirkpatrick, said his firm […]

Ashurst and CC profit from Genting’s Stanley bid

Ashurst and Clifford Chance have retained their position as preferred legal advisers for Stanley Leisure and Genting respectively, taking lead roles in Genting’s £484m bid for Britain’s top casino operator. Stanley Leisure, which runs 45 casinos, retained a corporate team at Ashurst under its client relationship partner, Bruce Hanton, with associate Mark Sperotto. Genting, which […]

Slaughters braces itself for client losses

Slaughter and May is at risk of losing up to six high-profile clients after the firm’s decision to handle back-to-back sell-side mandates during the past 12 months. Slaughters has conceded that it expects to lose logistics giant Exel as a client following the company’s takeover by Linklaters client Deutsche Post. Slaughters corporate partner Nigel Boardman […]

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