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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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Real Estate and Projects

Sydney & London Properties buys Dorland House, the headquarters of Cordiant Communications, London, for £22m in its largest single acquisition to date. Sydney & London advised by Olswang (Philip Olmer). The vendor Escort Property Investment was advised by Freshfields Bruckhaus Deringer (David Cox).

Jones Day hires new London finance partner

Cleveland firm Jones Day Reavis & Pogue is taking on a finance partner for its London office from Crédit Lyonnais. Martin Bartlam, who was a partner at Wilde Sapte until becoming a banker in 1998, heads the structured products group in London for Crédit Lyonnais. He has recently been involved in developing high-yield and leveraged […]

Insolvency practices prepare for the worst

CC Raids Lovells workout team; Dechert launches insolvency practice; Herbert Smith group splinters UK law firms are rushing to shore up their insolvency and restructuring practices as economists predict a slowdown. Clifford Chance is taking on Nicholas Frome, head of business restructuring at Lovells, who is expected to join the firm’s restructuring and insolvency group […]

Real Estate and Projects

Gemplus makes euro430m (£271.7m) initial public offering, including a listing on the Premier Marché of Euronext Paris and a NASDAQ quotation. Gemplus advised by Cleary Gottlieb Steen & Hamilton (Peter Darrow, Andrew Bernstein, Robert Bordeaux-Groult, Jay Modrall).

Pillsbury in coast-to-coast US merger

San Francisco firm Pillsbury Madison & Sutro has completed its merger with New York’s Winthrop Stimson Putnam & Roberts and pushed its own partners to head the new management team. Pillsbury’s chair Mary Cranston heads the new firm and its managing partner Marina Park takes up the same role in the merged practice, Pillsbury Winthrop. […]

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