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Latest Briefings

Manage DSAR Challenges through Workflow Optimisation and Automation

When the General Data Protection Regulation (GDPR) went into effect on 25 May 2018, it eliminated the cost barrier for an individual to submit a Data Subject Access Request (DSAR), potentially increasing the burden on organisations required to provide the results, and all in a tighter timeline. This has created a challenge for many organisations […]

Bulgaria introduces more detailed rules for provision of remote and online payment services

By Svilen Issaev, Denitsa Kuzeva The Bulgarian National Bank (the “BNB”) has recently adopted amendments to its Ordinance No 3 on the Terms for the Opening of Payment Accounts, Execution of Payment Transactions and Use of Payment Instruments (the “Ordinance”). The new amendments bring the Ordinance in line with the provisions of Commission Delegated Regulation (EU) 2018/389[1] (the […]

Bermuda Public Companies Update – July 2019

In the latest edition of our Bermuda Public Companies Update we recap significant transactions involving Bermuda public companies over the period H1 2019. Global market update The first half of 2019 saw a notable slow-down in global market activity from the same period last year. Capital raised in the global IPO market fell by 37%, with volume down 34% on […]

Reflecting on Reflective Loss

By Nigel K. Meeson Primeo Fund (In Official Liquidation) and Bank of Bermuda (Cayman) Limited, HSBC Securities Services (Luxembourg) SA (Cayman Islands Court of Appeal 13 June 2019) The common law principle of reflective loss has been judicially described as a “perplexing and developing area”. The most recent decision of the Court of Appeal in […]

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CC hires Simmons HK litigation head

Simmons & Simmons is losing its Hong Kong head of litigation to Clifford Chance. Jonathon Crook, who specialises in general commercial litigation and arbitration, insolvency and regulatory disputes, is joining the firm’s insolvency and restructuring practice. He has acted for clients including the Securities and Futures Commission, the Stock Exchange of Hong Kong, the BSC […]

Paul Weiss HK hires top Australian lawyer

New York firm Paul Weiss Rifkind Wharton & Garrison is taking on one of Australia’s leading telecoms lawyers for its Hong Kong office. Michael Reede is leaving leading Australian communications firm Gilbert & Tobin and relocating to Hong Kong. He will be Paul Weiss’ fourth partner in Hong Kong, and the eighth in Asia. He […]

Rozenberg

The sheer size of the American Bar Association annual meeting is what makes it so amazing. Even though the number of members visiting London this week is lower than expected, there will still be over 3,000 lawyers attending some 225 meetings and events. Each of the specialist sections could probably put on one of the […]

Weil Gotshal partner quits to join MoFo

Silicon Valley firm Morrison & Foerster (MoFo) is poised to boost its London office with the arrival of a new telecoms partner from Weil Gotshal & Manges. David Naylor is a four-year qualified senior associate at the London office of Weil Gotshal but is talking to MoFo about a partnership after the firm lost its […]

Shearmans expands in California

US firm Shearman & Sterling is relocating another top partner into its California office, continuing the West Coast expansion it began last month. Bruce Czachor, a partner in the firm’s Toronto office, will be joint managing partner of the firm’s office in Menlo Park. He is a corporate finance and M&A lawyer with an impressive […]

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