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Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

The limits of audit: public perceptions and legal realities

By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market

By Joel Benjamin, Muborak Kambarova New Law on Tourism On 18 July 2019, the President of Uzbekistan signed a new Law on Tourism. The previous law dates from 1999 and has 22 articles. The new Law contains 45 articles. According to the Law, the State Committee for Tourism Development is an authorized state body in […]

Serbian Banks Embracing Digital Technologies

By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]

The new Law on Personal Data Protection – Key Innovations and What you Need to Know

By Milica Filipovic, Sanja Spasenovic Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into force on 21 […]

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Clifford Chance associate wins fight against dismissal

The Clifford Chance associate fighting the firm’s decision to dismiss him has had his position upheld by the French Ministry for Employment. As reported by The Lawyer (10 January), Paris associate Avi Bitton found himself in court after Clifford Chance challenged his position as a trade union representative. The firm said that Bitton’s appointment to […]

Pillsbury and Shaw Pittman seal merger

Pillsbury Winthrop and Shaw Pittman have sealed their tie-in just months after they entered merger talks and in time for the self-imposed 4 April deadline. The merged firm will gatecrash the US top 20, with revenues of around $600m (£378.3m) and with 900 lawyers across 16 offices. The formal tie-in follows a period of preparation […]

Aviation insurers escape EC courtesy of BLG, DLA

Barlow Lyde & Gilbert (BLG) and DLA Piper Rudnick Gray Cary have secured success for the London aviation insurance market in a landmark competition case. The European Commiss-ion launched an investigation into practices in the industry in the aftermath of the 11 September terrorist attacks in the US. Following the attacks, insurers worked together to […]

Cold-blooded contract billers

Who says lawyers are reptiles? Possibly Black Country firm Higgs & Sons, which clearly spotted a kindred spirit in a recent deal. The firm not only acted for the trustees of the reptile sanctuary Proteus on the acquisition of nature reserve operator Critters Farm, it press released its cold-blooded connections. According to corporate partner Nick […]

Lord Slynn to head dispute resolution service

Alternative dispute resolution organisation the London Dispute Resolution Service (LDRS) has appointed former Law Lord Lord Slynn of Hadley as its new president. As president of the organisation, Lord Slynn will be an arbitrator and mediator for LDRS. Formed by a group of London solicitors, the service provides alternative dispute resolution both for existing clients […]

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