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Latest Briefings

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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Halliwells reorganises its finances

Halliwells is “reorganising its borrowings” following its move into new headquarters in Manchester. In response to enquiries concerning the firm’s financial situation, a Halliwells spokesperson said: “The firm had always intended to reorganise its financial structure once all aspects of the move to Spinningfields [the Manchester headquarters] had been completed. However, the firm refused to […]

Former S&N lawyer joins Aggreko

Scottish & Newcastle’s former general counsel and company secretary Peter Kennerley has joined power generation company Aggreko. Scottish & Newcastle’s (S&N) former general counsel and company secretary Peter Kennerley has joined power generation company Aggreko. Kennerley’s role at S&N was made redundant when the brewer was taken over by Carlsberg and Heineken (The Lawyer, 6 […]

Verizon and Sprint Nextel appoint new GC

Two of the largest US telecoms companies Verizon and Sprint Nextel have replaced their general ­counsel within two weeks of each other. Verizon general counsel William Barr has retired after a 14-year legal career in the telecoms industry, to be replaced by Verizon ­Business general counsel Randal Milch. Barr will leave at the end of […]

Shearman bulks up arbitration in Washington, DC

Shearman & Sterling has bulked up its US international arbitration group, moving Singapore partner John Savage to its Washington DC office. The move reflect the firm’s increased focus on international arbitration in the US. Shearman head of international arbitration, Emmanuel Gaillard, said: “The US environment for arbitration is changing and there is an increased need […]

Ignorance isn’t bliss

Springwell Navigation’s claims of financial naïveté failed to pay off in its dispute with JPMorgan Chase Bank. Financial services providers facing the threat of litigation should take heart. On one reading the recent decision of the Commercial Court in JPMorgan Chase Bank v Springwell Navigation (2006) should have given comfort to providers of financial ­services […]

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