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Latest Briefings

Austria: Coronavirus – How does it affect civil proceedings in Austria?

The coronavirus does not stop at court. That is why it creates uncertainty among litigants and even the public on whether and how to exercise subjective rights and enforce legal claims. This article shall guide you through the current legal situation. Be assured: court practice continues – with certain restrictions It is indispensable that the […]

Banking sector measures responding to the coronavirus crisis

As the novel coronavirus (COVID-19) outbreak continues to evolve, Cyprus authorities adopted different measures in order to prevent the spread of the coronavirus (COVID-19) and to strengthen the economy. The measures affected, among others banking and other institutions active in the banking sector.

Prisoners’ rights to equivalent health and social care

This article is part of the Prison law during the coronavirus pandemic series. Rule 20(1) of the Prison Rules 1999 provides that: ‘The governor must work in partnership with local health care providers to secure the provision to prisoners of access to the same quality and range of services as the general public receives from […]

Romania: Days off for parents caring for children due to school closures

Law no. 19/2020 on granting days off to parents for monitoring their children in case of the temporary closure of schools (“Law no. 19/2020”) provides that one of the parents is entitled to days off from work in the event that schools are closed due to: a) unfavourable meteorological conditions or b) other extreme situations, […]

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Offshore

The expansion campaigns that have typified offshore law firms of late are showing no signs of abating. Earlier this month Appleby Spurling Hunter and Bailhache Labesse announced their merger, while WSmiths launched in Uruguay and Conyers Dill & Pearman revealed plans for a presence in Dubai. Guernsey outfit Ozannes is also on the brink of […]

Freshfields, Camerons win Austrian Bank job

Freshfields Bruckhaus Deringer and CMS Cameron McKenna advised on the E650m (£443.3m) sale of all of Austrian bank Raiffeisen International’s shares in JSC Raiffeisenbank Ukraine to Hungarian bank OTP. JSC Raiffeisenbank has a balance sheet total of more than E1.2bn (£820m), and 39 branches. Freshfields Vienna partner Maria Pflügl advised Raiffeisen on both deals. Kiev-based […]

Topical islands

The Cayman Islands is already the favoured location for the offshore hedge fund industry and this popularity shows no signs of waning, says Neal Lomax The hedge fund industry continues to experience remarkable growth in assets under management and in the number and type of institutions that are investing in hedge funds. It has been […]

A Semple mistake

It was patronising smiles all round and the sound of collective head-patting when Scottish minnow Semple Fraser released its year-end results. Either the firm had had a really, really bad year, or its PR had left off a fairly important letter from the email header: “Semple Fraser announces £13 fee income”. Altogether now… “bless”.

Herbert Smith lands Ofcom advisory role

Herbert Smith has won the role as sole legal adviser to a new Ofcom-led industry body, an appointment that will give it direct access to eight of the UK’s leading telecoms companies. Called NGNuk, the group was launched by Ofcom in March this year. It is an industry forum aimed at encouraging the use of digital technology, or next-generation […]

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