Financings

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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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A new lease of life on conveyancing

Conveyancing has come back to haunt the legal profession. The healthy growth of the property market, which should have been joyful news for all, comes in a poisoned chalice with the news that not only is estate agent Hambro Countrywide preparing to tackle the marketplace but the building societies are also looking at innovative ideas […]

White & Case chooses London base for latest commodity set-up

US firm White & Case is set to launch a commodity and trade finance practice at its London office, bringing it closer to the City’s powerful financial institutions. It has appointed its Paris finance partner Nicholas Budd to head the new London group. Budd is in the process of making a slow transition between the […]

Boost for Lovells

Lovell White Durrant has expanded its Chicago office from 11 lawyers to 17 in the past three months. The latest recruit to Lovells’ niche reinsurance and consumer credit litigation practice in Chicago, which opened just under two years ago with the poaching of two partners from Chicago firm Sidley & Austin, is Anne Fortney. Joining […]

Merger in the Midlands

Long-standing Wolverhampton firms Manby & Steward and Woolley Beavon have merged. Two of Woolley Beavon’s three partners will join seven other partners at the merged firm which will retain the name Manby & Steward. Woolley Beavon’s third partner, John Robbins, who has recently retired, will act as a consultant. It is Manby & Steward’s first […]

New law centre too noisy, say students

A prestigious new law faculty at Cambridge University has run into problems over “unwelcome” noise levels which students claim makes it difficult to work in. The university has commissioned an independent report to investigate the acoustics at the Cambridge University Law Faculty following the complaints about the building, designed by the architects Sir Norman Foster […]

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