Hammonds usurps DLA Piper for Tesco adviser role

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

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By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

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Place your debts

Lottomatica’s subordinated bond issue looks likely to herald a new wave of finance in Italy. Andrea Novarese reports In May Italian blue-chip company and lottery operator Lottomatica became the first Italian corporate issuer of a perpetual subordinated bond, the Subordinated Interest Deferrable Capital Securities, due in 2066. Lottomatica intends to use the proceeds from the […]

Moon Beever lures Matthew Arnold partner

Niche insolvency firm Moon Beever has hired partner Adrian Hyde from Watford firm Matthew Arnold & Baldwin. Hyde joined Moon Beever at the start of the month from his position as head of insolvency and business recovery at Matthew Arnold. He previously worked in firms including Denton Wilde Sapte. He practises both contentious and non-contentious […]

Deutsche bank falls foul of eurotunnel

As the Eurotunnel saga chugs along, Allen & Overy‘s client Deutsche Bank has found itself blamed by the company for talks breaking down. Chief executive Jacques Gounon said last week: “I fail to understand how an institution such as Deutsche Bank has maintained its unreasonable demands.” It is not the first time the bank, advised […]

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Reed Smith launches women’s career forum and sacks female blogger

Reed Smithhas launched a new initiative aimed at encouraging women’s careers just days after the firm came under fire for sacking IP partner Denise Howells in the US. Howells has become something of a legend in the US for pioneering law blogs in the US and coining the phrase “blawg”. Her blogs have championed the […]

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