Every silver lining…

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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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A&O opens in Jakarta after posting 10 per cent PEP rise in 2009-10

Allen & Overy (A&O) has posted 10 per cent growth in average profit per equity partner (PEP) for the last financial year with turnover dropping 4 per cent over the same period. Turnover for the year fell from £1.091bn in 2008-09 to £1.051bn while PEP grew from £1m to £1.1m. The amounts paid out to […]

Mishcon experiences another tough year for PEP

Mishcon de Reya has posted another sharp decline in average profit per equity partner (PEP), with the firm’s PEP now having dropped 39 per cent in two years. Mishcon’s PEP was £450,000 in 2009-10, down from £575,000 the year before. In 2007-08 the firm’s PEP had been £740,000. Managing partner Kevin Gold said the firm’s […]

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Pannone managing partner succeeds Kingsley as senior partner

Pannone has handed its managing partner Steven Grant the role of senior partner with immediate effect, following the departure of previous incumbent Joy Kingsley for smaller firm JMW. Grant takes up the role after an uncontested election. He was due to step down as managing partner at the end of this year, after he announced […]

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After the magic is gone

An exodus of magic circle firms from Hungary has changed the face of its legal market considerably. Tom Phillips asks five key players in the region for their view on the new legal landscape. The legal market in Hungary has undergone many changes over the past few years, not least of which is evident in […]

Dispute resolution expert joins Serle Court

Former Court of Appeal (CoA) civil division vice president Sir Mark Waller has joined Serle Court’s alternative dispute resolution panel as an arbitrator and mediator. Sir Mark, who took silk in 1979, was made a Lord Justice of Appeal in 1996 before becoming a vice president of the CoA in 2006. At Serle Court, he […]

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