Mishcons brings in SAS to attack investigations

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

Contracted out leases: What are they and what happens when they end?

By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

By Marilia Frias, Carolina Moniz Marília Frias, senior associate of the Information, Communication & Technology practice, writes an article dedicated to passenger data protection for air carriers in Portugal for the March/April edition of the Legal Business magazine. In this article, focused in the new PNR Law (PNR – passenger name record ), the lawyer […]

Ministry of Transport and Logistics Notice No. 1426, of 10 April 2019

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Simon Neilson-Clark

Until recently it was an undisputed assumption that secu-red lenders held a top position within formal UK insolvency procedures and this position led to a similar position of dominance within the restructuring world.In July a white paper arrived from the newly appointed Secretary of State for Trade and Industry which set out the two gods […]

Dotcom crisis forces Valley law firms to ditch hundreds

Silicon Valley giant Cooley Godward is laying off 86 lawyers in the biggest move yet to result from the collapse of corporate work. The cutbacks follow months of speculation over which Valley firm would be the first to buckle under the pressure of a disappearing technology market. But figures compiled by local legal publication The […]

Eversheds completes PFI deal in rapid time

Eversheds and Addle-shaw Booth & Co have closed one of the fastest PFI deals ever.It took only 18 weeks from the appointment of a preferred bidder for Jarvis, advised by Addleshaw Booth & Co, to complete a deal to design, build, finance and operate a new community learning centre for the city of Sunderland. The […]

Lovells' focus on Portuguese projects pays off with EIB job

Lovells has broken new ground in Portugal, acting for the European Investment Bank (EIB) on the first monoline-wrapped bond refinancing of a Portuguese shadow toll road (Scut) project.Refinancing arrangements comprise a euro130m (£81.44m) loan from the EIB, a euro126.5m (£79.25m) bond issue and a working capital facility of euro25m (£15.66m), which is provided by Banco […]

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