Aegean Airlines’ IPO goes way of Shearman

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

Contracted out leases: What are they and what happens when they end?

By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

By Marilia Frias, Carolina Moniz Marília Frias, senior associate of the Information, Communication & Technology practice, writes an article dedicated to passenger data protection for air carriers in Portugal for the March/April edition of the Legal Business magazine. In this article, focused in the new PNR Law (PNR – passenger name record ), the lawyer […]

Ministry of Transport and Logistics Notice No. 1426, of 10 April 2019

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CC to become American idol

Don’t doubt the extent of the magic circle’s ambition. With the UK elites’ average profits now outpacing all but a few on Wall Street, that old dream of cracking the US suddenly looks less of a joke. First it was Allen & Overy, which was rejoicing that its New York practice was turning over some […]

BLG set to stem exits with lockstep rethink

BARLOW Lyde & Gilbert (BLG) has overhauled its lockstep following heavy partner losses over the past two years. The firm, which is almost a full equity partnership, has shortened the time it takes to reach the top of equity from 14 to 11 years. The modified lockstep in financial year 2005-06 started at 28 points, […]

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Clifford Chance Italy votes in new corporate head

Clifford Chance has appointed Paolo Sersale as head of its Italian corporate practice, taking over from partner Alberta Figari. Sersale was handed the role following a partnership vote last week. A spokesperson for Clifford Chance in Italy said that the role involves coordinating the work of the corporate practice in the context of the firm’s […]

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