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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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Slaughters and Nabarro bag LandSecs demerger

Slaughter and May is advising Land Securities on corporate aspects of its three-way de-merger that the company announced yesterday (15 November). Corporate partner Gavin Brown will be leading the team, while Nabarro expects to be playing a “coordinating role on real estate” aspects of the reorganisation, according to relationship partner Nicholas Vergette. The UK’s largest […]

Skadden raids Weil for European restructuring head

Skadden Arps Slate Meagher & Flom has snared Weil Gotshal & Manges’ head of restructuring to head up its European restructuring practice. Chris Mallon, currently head of the business finance and restructuring group at Weil, announced his departure from the firm today. His experience includes advising on a number of key restructurings including Enron, Global […]

Germany’s equal measures

Germany’s Act on Equal Treatment brings discrimination laws under one blanket, but it will potentially increase the burden for companies, warns Michael Leue On 29 June 2006, the German Federal Parliament passed the much-debated Act on Equal Treatment (Allgemeines Gleichbehandlungsgesetz (AGG)). The AGG, which came into force on 18 August 2006 and was subsequently amended […]

Singapore review group says no to full liberalisation of legal market

Following recommendations by a review committee to the government, Singapore is not expected to give the go-ahead for a full liberalisation of the country’s legal services sector. The review outlines proposals for a period of three to five years and covers all aspects of the local legal scene. Recommendations are understood to have been made […]

Stephenson Harwood Asia strategy pays off

Stephenson Harwood has landed a lead role advising on a significant UK investment by an Indian company. Corporate partner Pawan Sharma advised bicycle company Hero Group on its £40m acquisition of UK call centre company Telecom Service Company (TSC). Sharma said: “After Tata’s acquisition of Corus, this is the most significant piece of investment outside […]

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