Related briefings

Norway Practice Bulletin 2020

In this issue we highlight the impressive growth in the number of Bermuda companies listed on the Oslo Stock Exchange and the Norway Over-the-Counter market over the last five years – a dozen new listings between them, including BW Energy’s IPO on the Oslo Børs in February.

Insolvent trading – British Virgin Islands companies

Many businesses are currently experiencing unprecedented pressure on their cash flow as a result of the COVID-19 pandemic and the governmental restrictions which are being implemented around the world. It is very important therefore that directors of British Virgin Islands (BVI) companies which may be approaching insolvency take steps to evaluate the position of the company with a view to avoiding personal liability.

Bermuda amends National Pension Scheme – Update #3

Following our alert of March 2020, providing an update about the amendments to the National Pension Scheme, we further update on amendments passed in Bermuda’s House of Assembly on Friday 8 May 2020, to section 24 of the National Pension Scheme (Occupational Pensions) Act 1998 which expands the ability of members and former members of defined contribution pension plans and local retirement products to obtain limited refunds from their pension balances.

Latest Briefings

Why you might be accepting fake news without realising it

Do you believe everything you see? No matter how discerning or intelligent you are, we are all pre-programmed to be more accepting of information in certain contexts than others. While most of us are wise to the ‘Nigerian prince’ phishing scams of old, we are less likely to question an email from someone we know. We might question news on a website we’ve never seen before – but not in a publication we know well. And if we follow somebody high-profile on a social media platform we’re familiar with, like Instagram, chances are we take what they say at face value. It’s precisely because of this that mainstream media recently described influencer and celebrity accounts as ‘the gateway drug to fake news’.

Coronavirus: Impact of exceptional and temporary measures on enforcement proceedings [Portugal]

A number of exceptional measures have been introduced in the justice sector. These measures are set out in Law 1-A/2020 of 18 March and Decree‑Law 10-A/2020 of 13 March (as amended by Law 4-A/2020 of 6 April). The measures include exceptional rules on the extension of time limits and of the periods to take judicial steps. The rules will remain in place until the end of the exceptional situation to prevent, contain, mitigate and treat COVID-19.

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Seoul

Skadden joins Seoul race with office launch

Skadden Arps Slate Meagher & Flom has become the latest international firm to establish a base in Seoul. Skadden’s newly opened Seoul office is the firm’s seventh in Asia pacific and 23rd worldwide. It will be led by the firm’s head of Korea practice Young Shin, a corporate partner who was previously based in its […]

China

Jun He and Zhong Lun merger shows China market in new light

In China the proposed merger of Jun He and Zhong Lun is being described as a deal that “has never been done before”. Indeed, previous mergers between Chinese firms occur mostly among mid-tier firms, such as the deal between Shanghai-based Boss & Young and JoinWay earlier this year (21 January 2014). Another main form of […]

London
5

BLP loses three in a week as Oddy quits for Latham

Berwin Leighton Paisner (BLP) structured finance partner Lucy Oddy has resigned for Latham & Watkins, the third departure to hit the mid-market firm in a week. The move follows yesterday’s resignation of BLP real estate finance duo Andrew Flemming and Jo Solomon, who are currently in advanced negotiations with Hogan Lovells. Partners are expected to […]

9 Gough Square selects SproutIT for LegalIT Cloud and managed services

SproutIT, Legal IT Specialists, today announced that leading barristers’ chambers, 9 Gough Square has selected the LegalIT Cloud and managed services from SproutIT. Founded in 1946, www.9goughsquare.co.uk is a leading common law set of barristers’ chambers.  They continue to be at the forefront of change in the legal profession, providing modern, professional and approachable legal […]

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