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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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Reynolds Porter boosts insurance coverage with loss adjusting group

Reynolds Porter Chamberlain is launching a loss adjusting practice in a bid to increase the amount of new insurance work it attracts. It has recruited a five-strong team, which will specialise in political risk and contingency insurance, from leading loss adjusting companies GAB Robins and Crawford. Insurance partner Tim Brown concedes that the firm, like […]

The Insider

Richard Hastings, group legal counsel at Interoute Telecommunications (UK) Richard Hastings left Hammond Suddards, where he was an IT/IP assistant, to take up his role as group legal counsel at European telecommunications company Interoute. Hastings made the move because he sought a more commercial role within his area of expertise. He says: “I love my […]

Polish government set to grant LLP status to foreign law firms

The Polish government is on the verge of passing legislation that allows foreign law firms to become limited liability partnerships (LLPs). Until recently, foreign law firms have operated in Poland as limited liability companies. But under new laws, which are in the final stage of being passed, LLP status will now be possible. The deadline […]

FIREBOX.COM

Direct public offerings (DPOs) are the corporate finance contribution to the dotcom world. A DPO allows people to invest in an unlisted company through the internet. Firebox intends to raise £1m and potential investors can do everything online – view the prospectus, apply for shares and pay for them. The offer has already given Firebox […]

Deals – CORPORATE FINANCE

TDL Infomedia sold for £308m to Seat Pagine Giall. Infomedia and shareholders (Apax, Advent, 3i) advised by Travers Smith Braithwaite (Mark Soundy) and Negri Clementi Toffoletto Montironi & Soci (Alberto Toffoletto). Seat Pagine Giall advised by Slaughter and May (Simon Robinson) and Bonelli Erede Pappalardo (Sergio Erede). Taylor Barnard Holdings sold to TNT Post Group […]

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