Freshfields wins London Olympic gold

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Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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Wragges shortlists City merger suitors

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Orrick promotes 13 in latest partnership round

Orrick Herrington & Sutcliffe has made up 13 lawyers to the partnership in the firm’s latest round of promotions. Orrick Herrington & Sutcliffe has promoted 13 lawyers to its partnership in the latest round of promotions. All but one of the promotions were made in the firm’s US offices, with Los Angeles, San Francisco and […]

Hackney swoops for Kensington legal boss

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Latham 2008 revenues projected to slump

Revenues at US firm Latham & Watkins fell by up to $400m during the 2008 financial year, a drop of around 20 per cent. The firm, which will make an announcement on its financial performance next week, made headlines at the end of 2007 when it broke the $2bn revenue barrier for the first time. […]

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