IRS puts Jenkens out of its misery with demand for the firm’s closure

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Latest Briefings

Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

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Magic circle associates revel in promotion boom

In a bumper haul for magic circle associates, Allen & Overy (A&O) elected 32 associates to the partnership this year, while Freshfields Bruckhaus Deringer promoted 22 and Clifford Chance and Linklaters both voted in 38. Linklaters increased its partnership round by 18.75 per cent on last year. The firm’s finance and projects team was the […]

Sainsbury’s deal sees Lovells, lmg cosy up

Lovells cemented its relationship with Loyalty Management Group (LMG) by acting on the extension of its contract with supermarket chain J Sainsbury, which is currently the subject of interest from a CVC Capital Partners-led consortium advised by Clifford Chance. LMG operates Nectar, the customer reward scheme. Lovells advised LMG when it first introduced the scheme […]

Mediators with no opinions wanted

Consumers prefer mediators who “do not offer an overt opinion” and have good communication skills, according to a new study. Almost half of the respondents questioned preferred mediators who offered no legal or commercial opinion. Only one in 10 said they liked an intermediary who would be willing to offer an opinion and even suggest […]

Hammonds to sue former partners

Hammonds is preparing to sue a group of 12 former partners in the next stage of an increasingly bitter dispute over the distribution of firm profits. Hammonds has rejected a settlement by the group and managing partner Peter Crossley told The Lawyer that litigation is now “inevitable”. Crossley said: “A proposal was made to us […]

Skadden celebrates birthday with European promotions spree

New York-headquartered Skadden Arps Slate Meagher & Flom is the latest firm to announce it partnership promotions, adding 29 to its partnership, including two in London. This is the most promotions London has seen in at least four years. The new London partners are corporate partner Shaun Lascelles and corporate finance partner Danny Tricot. Although […]

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