Corporate Summary

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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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ECJ rulings give mixed message on golden shares

Three judgments by the European Court of Justice (ECJ) on 4 June ruled both for and against the use of golden shares by EU member states.In separate judgments, the ECJ struck down rules that let the French and Portuguese governments hold golden shares in former state-owned enterprises, but backed rules that allow the Belgium government’s […]

New York firms cash in on insolvency tide

Big ticket insolvency and restructuring work is keeping the fees rolling in to New York’s top law firms. Skadden Arps Slate Meagher & Flom has asked a Chicago bankruptcy court to authorise payment of its $10.6m (£7.1m) bill to Kmart Corporation.While Skadden’s bill is high, it is small change compared with Weil Gotshal & Manges’ […]

ECB backs harmonisation of EU securitisation law

ECB general counsel pledges support to harmonisation of EU member states in bid to catch-up US The Fight for harmonisation of securitisation law throughout the EU received a massive boost this month when the general counsel of the European Central Bank (ECB) Antonio Sainz de Vicuna lent his support to lawyers arguing the case.At a […]

Cripps Harries Hall in IP drive with new hire

Cripps Harries Hall has appointed its first ever intellectual property (IP) partner to head the IP unit within the corporate department.Peter Jennings is a former partner and head of IP at niche City firm Pettman Smith. Prior to his time at Pettmans, Jennings was a partner at Theodore Goddard and Baker & McKenzie.Corporate partner Peter […]

White & Case considers Canary Wharf for new home

The London office of White & Case could be moving lock, stock and barrel to Canary Wharf. The US firm is understood to be considering a move away from its Moorgate base to an office in either Canary Wharf or the City.A source at the firm said: “The position is still being negotiated. We’re looking […]

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