The Financial Report — Volume 2, No. 11

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

Recommended

Belfast

Herbies expands Belfast with flexible working initiative

Herbert Smith Freehills (HSF) has launched a part-time, flexible working team in its Belfast office as it further expands the team in Northern Ireland. A team of 12 graduates have been recruited to work on a flexible part-time basis as legal assistants, particularly during busy periods and when there is an urgent deadline to be […]

Boris

Judgment Call: 10 June

Tax Bristol & West plc v Revenue and Customs Commissioners [2013] UKFTT 216 (TC). Judge Howard M Nowlan; Susan Lousada. 8 April 2013 For corporation tax purposes the effective rollover rule of the Finance Act 2002 Sch.26 pt.6 para.28 did not apply to a company’s novation of an interest rate swap to another company in […]

Conyers advises Fantasia Holdings and subsidiaries on issuance of senior notes

Conyers Dill & Pearman has advised Fantasia Holdings Group, and its British Virgin Islands (BVI) and Cayman Islands subsidiaries, on the issuance of senior notes by Fantasia Holdings Group, valued at CNY1bn (£104m), with security given by its subsidiaires. The notes are due in 2016 and have a 7.875 per cent interest rate per annum. […]

Uncertainty in dispute resolution clauses

Where a dispute arises under a contract, the parties must attempt to settle that dispute through the procedure set out in the dispute resolution clause (DRC). Sometimes, one party considers that this procedure cannot be followed, or does not adhere to the procedure, and instead initiates proceedings in court to resolve the dispute. Where this […]

Interpretation of Material Adverse Change clause in loan agreement

Material Adverse Change clauses are common in credit agreements, but are rarely interpreted by the courts. In Grupo Hotelero Urvasco SA v Carey Value Added SL (formerly Losan Hotels World Value Added I SL) & anr [2013] EWHC 1039 (Comm) Blair J considers what can be taken into account when considering a borrower’s ‘financial condition’, […]

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here