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Latest Briefings

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 […]

Emerging Legal Issues in an AI-Driven World

Introduction Artificial Intelligence (“AI”) is the new marketplace reality. The increase in computing power, improved algorithms and the availability of massive amounts of data are transforming society. According to the International Data Corporation (“IDC”), the AI market is expected to hit $35.8 billion this year, which represents an increase of 44% since 2018.1 IDC has also projected global spending […]

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Big hitters join dispute resolution panel

The former Lord Chief Justice Lord Woolf and former Court of Appeal Judge Sir Henry Brooke are among the big hitters that have joined a new panel at the Centre of Effective Dispute Resolution (CEDR). These dispute resolution experts join 34 mediators on CEDR’s Solve Direct panel, which allows mediators to be booked directly through […]

Linde raids Johnson & Johnson for new GC

Energy group Linde has hired Christian Rau from Johnson & Johnson to replace outgoing general counsel Nick Deeming. Rau was head of legal for Germany, Austria and Switzerland for Johnson & Johnson, and had also spent time in the company’s US and Brussels offices. Before that, Rau worked in the Berlin and Cologne offices of […]

LeBoeuf makes senior Vinson hire

LeBoeuf Lamb Greene & MacRae has poached Vinson & Elkins energy partner Dirk Walker to beef up its Beijing presence. Walker, who has experience in M&A, project finance and infrastructure development work, has a particular focus on oil and gas work in emerging markets. His addition boosts LeBoeuf’s Beijing partner headcount to two, with Walker […]

Judges told to stick to the day job as mediation pilot fails

The controversial pilot scheme in the Technology and Construction Court (TCC) to test whether judges can act as mediators looks doomed to failure after being used just twice during its first year. The judges’ mediation scheme, when launched, was greeted with derision from solicitors, arbitrators and mediators, who described it as a terrible idea and […]

People

Keelys Solicitors has promoted Paul Roberts to its partnership. Roberts joined the Lichfield-based firm 15 months ago as an associate and head of the employment department. •Keelys Solicitors has promoted Paul Roberts to its partnership. Roberts joined the Lichfield-based firm 15 months ago as an associate and head of the employment department. •US firm Akin […]

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