Financings

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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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Communication break down

Tom O’Sullivan unravels one of the most complex transactions in UK corporate history, the breaking up and selling off of Cable & Wireless Communications to US cable group NTLThe Timescale 22 February Graham Wallace appointed as Cable & Wireless chief executive. Wallace opens internal talks about selling off some of the group’s interests including the […]

This week

Flying phobics should listen out on Thursday for transport minister Helen Liddell’s expected announcement that the Government is introducing a new offence of “interfering with cabin crew carrying out their duties”, with penalties of up to two years imprisonment or a u2,000 fine. About 1,000 air-rage incidents are reported each year by UK airlines – […]

Lawrence Graham rejigs heads

Lawrence Graham has put in place the last parts of an internal shake-up by replacing long-serving head of litigation Michael Edwards and private client head Tim Thornton-Jones. Edwards, who had headed the litigation department for 19 years, is replaced by Andrew Dobson, while Thornton-Jones gives way to Andrew Young who will head the tax and […]

Flotations & Financing

Ashurst Morris Crisp is advising Texas Pacific Group, which is leading a group of investors, on providing the equity element to finance Punch Tavern Group’s purchase of the retail business of Allied Domecq for a consideration of £2.75bn. Corporate partner Bruce Hanton led Ashursts’ seven-strong team which included corporate solicitors Christine Allen and Richie Clark, […]

Thelen Reid trawls City for merger

US firm Thelen Reid & Priest is looking for UK merger partners. The 400-lawyer firm is the first in the US to confirm that it is investigating a merger with a City firm, since talks between Rogers & Wells and Clifford Chance were revealed. New York managing partner Jonathan Siegfried says: “US firms are looking […]

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