Latest Briefings

Voluntary transfer of receivables according to Turkish code of obligations corporate law

The Turkish Code of Obligations no. 6098 regulates the transfer of receivables on Article No: 183 ff. TCO regulates transfer of the receivables in the related articles under three main titles as voluntary, legal and judicial transfer, and in practice, the most common transfer is observed as the voluntary transfer of receivables.

New legislative regime for virtual asset service providers

The Virtual Asset (Service Providers) Law, 2020 was gazetted on 25 May 2020 and will come into force upon issue of a commencement order in due course. The Law represents Cayman’s first legal framework for the registration, licensing and supervision of virtual asset service providers conducting business in the Cayman Islands.

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

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Livingstone withdraws challenge to Tube PPP

Mayor of London Ken Livingstone has dropped his legal challenge to the Government’s public private partnership (PPP) plans for the London Underground Blackstone Chambers’ Lord Lester QC represented Livingstone at the High Court. First revealed on www.thelawyer.com/lawyernews 26 July

Norton Rose reneges on partner payments

Cashflow problems hit partners by up to £100K each; firm rejects bank loan Norton Rose has run into a cashflow crisis and has failed to pay its equity partners their full profit share for the financial year ending April 2001. It is understood that partners are owed up to £100,000 each.Partner drawings have continued to […]

DEAL OF THE WEEK – CORUS/COMPANHIA SIDERURGICA NACIONAL

CC and Slaughters lead Corus and CSN’s transatlantic tie-up Clifford Chance and Slaughter and May have taken the leading roles on a groundbreaking merger between Corus and Brazilian steel giant Companhia Siderurgica Nacional (CSN). The tie-up will create the world’s fifth-largest steel company and the only transatlantic one.A Clifford Chance team led by New York-based, […]

Ward Hadaway hires IP star from Martineaus

Ward Hadaway has appointed Martineau Johnson intellectual property (IP) specialist Niall Head-Rapson as a partner in its commercial department Head-Rapson spent a year at Martineaus, prior to which he headed Eversheds’ East Midlands IP practice. Head-Rapson acted on behalf of Metsec in the first ever patent case outside London, and has also previously acted for […]

PARLETT KENT

Clinical negligence firm Parlett Kent has flexed its way to success

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