CC scores victory for fertility doctor

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Latest Briefings

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 […]

Emerging Legal Issues in an AI-Driven World

Introduction Artificial Intelligence (“AI”) is the new marketplace reality. The increase in computing power, improved algorithms and the availability of massive amounts of data are transforming society. According to the International Data Corporation (“IDC”), the AI market is expected to hit $35.8 billion this year, which represents an increase of 44% since 2018.1 IDC has also projected global spending […]

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Sports legend Townley joins Bates Wells

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Trowers wins Law Firm of the Year

Trowers & Hamlins walked away with the prestigious Law Firm of the Year award at The Lawyer Awards last night (26 June). Trowers’ senior partner Jonathan Adlington collected the award from comedian Marcus Brigstock, the evening’s host. The firm was recognised for its success in recent years in developing a market-leading Middle Eastern projects-based practice […]

Insolvency: Turning point

As banks realise the opportunities they offer, turnaround funds are becoming an increasingly used method of insolvency. By Bryan Green The most significant thing to happen to the world of business restructuring in the mid-market is the rise of the turnaround fund. This can be seen in recent transactions such as RCapital’s acquisition of Little […]

A&O opens doors to Düsseldorf office

Allen & Overy (A&O) has continued its aggressive expansion plans by opening a Düsseldorf office with a former German managing partner from Freshfields Bruckhaus Deringer. •Allen & Overy (A&O) has continued its aggressive expansion plans by opening a Düsseldorf office with a former German managing partner from Freshfields Bruckhaus Deringer. This is the third office […]

PEP debacle forces Watson Burton to open up its equity

Watson Burton to open up its equity” />What a difference 12 months can make. At this time in 2006, equity partners at Newcastle’s Watson Burton were the envy of the Geordie legal world, bagging an average profit per equity partner (PEP) of £712,000 – far clear not only of local rivals, but of most City […]

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