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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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Ashursts plans US move

Ashurst Morris Crisp has put US capability and even a marriage with a US partner high up on its agenda again, a year after merger talks with West Coast firm Latham & Watkins collapsed over cultural differences. US capability was among topics discussed at a partner retreat in Versailles a week ago. One partner told […]

LCD reports court work decimated

Regional bar suffers as arbitration and mediation work stays in London; High court sees Civil claims drop by 86% The regional bar is adopting the practice of round table discussions in response to an 86 per cent drop in civil High Court claims, reflected in new figures from the Lord Chancellor’s Department. The practice of […]

A Vews from Budapest

The rise and apparent fall of the Budapest Stock Exchange has taken place at high speed. At the same time as the exchange was celebrating its 10th anniversary earlier this year, most thoughts were focused on the depressed state of the market, not all of which can be attributed to wider factors affecting other equity […]

Messer Griesheim

Clifford Chance advised Goldman Sachs as coordinator and JP Morgan, HypoVereinsbank and the Royal Bank of Scotland as arrangers in the largest ever European leveraged buyout. The euro1.65bn (£1bn) facilities supported Goldman Sachs Private Equity’s and Allianz Capital Partners’ acquisition of industrial gases group Messer Griesheim, bought from Hoechst/Aventis.Messer Griesheim operates in more than 200 […]

Lincoln’s Inn wins massive rate rebate

Chambers in Lincoln’s Inn are being paid tens of thousands of pounds each in rate rebates following a recent settlement which reduced rates by up to 50 per cent. After 168 appeals by the 26 chambers of Lincoln’s Inn over five years, of which 12 are outstanding, the Valuation Office Agency agreed to reduce rateable […]

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