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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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Marketing madness

Tulkinghorn is pleased to see that some lawyers haven’t succumbed to any of these new-fangled viral marketing techniques. One lawyer, who shall remain nameless, wins the prize for the most imaginative pitch for work at The Lawyer Monte Carlo. He was heard telling the head of legal at Bradford & Bingley: “You’ve got to give […]

Real Estate and Projects

US-backed consortium BEP Acquisitions takes Bourne End Properties private after its £45m bid for the listed property company is declared unconditional. BEP Acquisitions advised by Taylor Joynson Garrett (Nick Briant, Richard Gross, Dominic Ross). Bourne End Properties advised by Travers Smith Braithwaite (Richard Skelton). Nationwide Building Society, the debt provider, advised by Dechert (Patrick Gloynes, […]

BOURNE END PROPERTIES

Bourne End Properties had long been a suspect for bowing to the sector’s trend for going private when the Merrill Lynch-led consortium BEP Acquisitions made its £45m bid in December. Last June, when Bourne End was trading at a 33 per cent discount to net asset value, it announced plans to liquidate the company and […]

Corporate

John Lewis purchases the UK arm of internet retailer buy.com. John Lewis represented by Lovells (Frances Le Grys). Financial adviser Lazards. Buy.com represented by Freshfields Bruckhaus Deringer (Neil Radford). Unilever sells its sauce business to Campbell Soup Company for £633m. Unilever advised by Slaughter and May (Gary Eborn). Financial adviser Goldman Sachs. Campbell Soup Company […]

Watson Farley New York trio leaves for King & Spalding

Watson Farley & Williams’ New York office has lost half its finance partners to US practice King & Spalding. The departures come only weeks after merger talks between Watson Farley and US firm Hunton & Williams fell through for the second time (The Lawyer, 8 January). The three, Philip Spector, Raymond Simon and Caryn Hemsworth, […]

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