Cahill Gordon & Reindel

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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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Former Shearman finance head joins Taylor Wessing

Former Shearman & Sterling securitisation specialist Marke Raines hasresurfaced at the London office of Taylor Wessing. Raines left Shearman in March 2005. He said he had had “a career break” ofjust over a year before deciding to return to the law. The move follows the hire last month of Graham Wedlake, a former BarlowLyde & […]

PwC launches 140-lawyer tax and legal outfit in Italy

PricewaterhouseCoopers (PwC) has launched a combined tax and legal firm in Italy, raiding former network firm Pirola Pennuto Zei & Associati for eight partners and 80 lawyers. Pirola Pennuto Zei & Associati will continue to work with PwC but on a reduced basis, whereas the new name for PwC’s legal arm in Italy will become […]

2 Temple Gardens boosts pupillage earnings to £47k

Commercial and civil set 2 Temple Gardens (2TG) has upped its pupillage award by £2,000 for the October 2008 intake, making it one of the highest paying chambers for new barristers. Pupils receive a grant of £36,000 and guaranteed earnings of £11,000. Charles Dougherty, member of the pupillage committee, said: “Although we guarantee £11,000, pupils […]

Kennedys set for EC3 move

Kennedys has signed a lease on new London premises. The firm will occupy the fifth to ninth floors at 1 Fenchurch Avenue, EC3, accounting for approximately half of the building’s 122,000sq ft of space. The development is expected to be completed in 2007. Malcolm Headley of Faegre & Benson advised Kennedys and Linklaters real estate […]

Wragges lands Praemium mandate

Wragges lands Praemium mandate” />Birmingham-based Wragge & Co has bagged the role of UK adviser to listed Australian portfolio administrator Praemium. Wragges’ funds and financial team will advise Praemium on its entry to the UK market, led by financial services director and head of the funds and financial team William Brewis. Brewis will work with […]

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