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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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Grapevine

Man United’s Freshfields defender sticks his heels inThe lawyer currently standing between Malcolm Glazer and Manchester United – Freshfields Bruckhaus Deringer partner Mark Rawlinson – also took a strong stance on a board’s fiduciary duty to shareholders when advising on the failed P&O Princess-Royal Caribbean merger. At the behest of Royal’s investment bankers Goldman Sachs, […]

Milbank seals first deal for Sainsbury family

Milbank Tweed Hadley & McCloy has sealed its first deal for the Sainsbury family. Former Freshfields Bruckhaus Deringer partner Tim Emmerson advised Lord David Sainsbury’s trust the Gatsby Charitable Foundation on its disposal of £130m worth of shares to investment bank UBS. The disposal was by way of an auction and UBS was advised in-house. […]

Cadwalader raids Shearman for antitrust drive

Cadwalader Wickersham & Taft has pulled off a major coup with the hire of a trio of antitrust partners from Shearman & Sterling. Shearman’s global head of antitrust Steven Sunshine last night (2 March) quit the firm alongside two junior partners, Jess Biggio and David Wales. Sunshine and Wales will work out of Cadwalader’s Washington […]

Bryan Cave shrugs off 2004’s turnover drop

US firm Bryan Cave’s 2004 revenues have dropped slightly on its record 2003 but firm chairman Don Lents has claimed the year was still a success as 2003’s figures included a massive success fee. Gross revenue for 2004 was $374m (£196m) down 2.6 per cent from $384m (£201.2m) in 2003. Profit per equity partner (PEP) […]

Firm profile: Adams Solicitors

Adams Solicitors, a firm well respected on East London’s high streets, has undergone a radical transformation in the last year. Established in 1992 by husband and wife duo Som and Mahinder Chima, the firm, once known for its family and conveyancing expertise, appears to have hit the big time with the opening of a Canary […]

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