Latest Briefings

Switzerland – restructuring and insolvency activity

The Swiss federal government’s Expert Group expects Switzerland’s GDP to fall by 1.5 per cent in 2020, down from previous expectations in December 2019 that predicted a rise of 1.3 per cent, mainly because of covid-19.

Romania – Consumer protection updates in the audio-visual media field

In November 2018, the European Parliament and the Council of the European Union enacted the Directive (EU) 2018/1808 amending Directive 2010/13/EU on the coordination on certain provisions laid down by law, regulation or administration in Member States concerning the provision of audio-visual media services in view of changing market realities (the “Audio-Visual Media Services Directive”).

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Flotation

Surrey firm Mundays advised Granger Telecom on its $113m flotation on the European stock market, Easdaq. The lead manager was Beeson Gregory, advised by Titmuss Sainer Dechert.

Jakarta outposts accused of illegality by local firms

The Jakarta offices of five major US law firms have been accused by a group of prominent Indonesian lawyers of operating illegally in the city. White & Case, Baker & McKenzie, Coudert Brothers, Morgan Lewis & Bockius and Deacons Graham & James have all been reported to the ministry of justice and the ministry of […]

Accountancy Survey. Accounting for the accountants

A survey has revealed that accountants are not delivering the services law firms want. The fourth annual survey by The Lawyer and chartered accountancy firm Baker Tilly makes depressing reading for accountants. Despite accountants’ marketing, brochures and stated commitment to client service, many solicitors remain dissatisfied. Quotes such as “they could show basic interest in […]

Property

Olswang advised Capital & Regional Properties on the £93.8m acquisition of the Pallasades Shopping Centre, Birmingham, from Fordgate, advised by Teacher Stern & Selby.

In brief: Bankruptcy charge legality challenge granted

Leave was granted last week to Cleo Lightfoot, advised by Public Law Project solicitor Karen Ashton, to judicially review the Lord Chancellor, Lord Irvine, to challenge the legality of the requirement she pay £250 to court staff before being allowed to petition for her own bankruptcy.

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