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Latest Briefings

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 […]

Recommended

Baker McKenzie

Baker & McKenzie acted for CA IB and Lehman Brothers on a $509m (£340m) international offering made by Polish oil company Nafta Polska for a 25 per cent stake in Polski Koncern Naftowy ORLEN (PKN ORLEN). The offering was the second stage in the privatisation of Polish refining and petrochemicals company PKN ORLEN. Securities partner […]

Perrin’s View

So Michael Napier won the election for Law Society president by a margin of two votes to one. Two to one, eh? Frankly, I’m surprised that as many as three members voted. Surely no profession can possibly have so many major grievances against its regulatory body? I don’t know about you, but for a while […]

NEWS IN BRIEF

Clifford Chance has hired nine partners in property, competition, finance and tax. They include property partners Robert Porter and Arthur Dyson from CMS Cameron McKenna, property partner Jonathan Solomon from Norton Rose and anti-trust litigator Elizabeth Morony from Linklaters. In New York, CC Rogers & Wells is taking on Donald Carden from O’Melveny & Myers, […]

Equitable Life legal bill reaches £2.5m

Equitable Life has had to pay out £2.5m in legal fees for the recent pensions test case which ended its mutuality. The legal battle has spanned 18 months and was advised by Denton Hall, now Denton Wilde Sapte. The test case, brought against Equitable Life when policyholders challenged its decision to lower guaranteed annuity rate […]

Morgan Lewis loses partner to e-company

Morgan Lewis & Bockius partner John Parker has left the business and finance department to join a new management team at new media and e-commerce company AirClic. Parker joins as executive vice president of business development and legal at the company. He says: “I was working with AirClic as its outside counsel. It is a […]

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