Flotations

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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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Polish tax ace switches to US firm

Tomasz Kacymirow, known as the foremost tax expert in Poland, has left KPMG to join US firm Hunton & Williams in a move that has been described as “ground-breaking”. Lejb Fogelman, head of Hunton & Williams in Warsaw, said the appointment had set a precedent in Poland because Kacymirow is the first full domestic partner […]

Blood negligence claim

A man from Marazion, Cornwall, who claims he contracted the hepatitis C virus as a result of bone marrow transplant surgery, is taking the Department of Health to the High Court. IJ Caldwell is also suing the National Blood Authority, Royal Cornwall Hospital NHS Trust, Avon Health Authority, and the Committee on Safety of Medicines, […]

Maybelline counsel is made up to Moscow

White & Case has head-hunted commercial in-house lawyer Michael Onischenko to manage its Moscow office. Onischenko joined the firm earlier this month from US cosmetics company Maybelline, where he was assistant general counsel. He said he was offered a post with L’Oreal after it took over Maybelline but decided to move to Moscow where he […]

In brief: Indemnity specialist switches to Dibbs

Dibb Lupton Alsop has recruited Chris Sharrock as a partner in its London-based professional indemnity practice. Sharrock moves from Barlow Lyde & Gilbert where he was a partner for nine years. Kevin Mcloughlin, head of Dibbs’ insurance group, welcomed the move, which he said was amicable. “He is a fine lawyer and is he well […]

Financings

Travers Smith Braithwaite acted for Save & Prosper on its £80m recommended reconstruction scheme for Save & Prosper Linked Investment Trust.

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