Pensions are fun

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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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A&O opens in Jakarta after posting 10 per cent PEP rise in 2009-10

Allen & Overy (A&O) has posted 10 per cent growth in average profit per equity partner (PEP) for the last financial year with turnover dropping 4 per cent over the same period. Turnover for the year fell from £1.091bn in 2008-09 to £1.051bn while PEP grew from £1m to £1.1m. The amounts paid out to […]

BLP partner secures landmark Canary Wharf tower purchase

Berwin Leighton Paisner (BLP) partner Chris De Pury has acted for a private equity fund on the purchase of a landmark Canary Wharf building from his former client Hammerson. De Pury advised the $1.3bn (£870m) vehicle MGPA Europe Fund III, a subsidiary of the $5.2bn (£3.5bn) MGPA Global Fund III, on its purchase of Exchange Tower in London’s Canary Wharf for […]

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Pannone posts turnover drop as it launches in London

Pannone has launched a corporate crime team in London, as it posts a six per cent drop in turnover and average profit per equity partner (PEP) remains static. The firm has opened an office in London’s Jockey’s Fields that will focus on business crime, fraud and regulatory law in the UK, several years after having […]

Clifford Chance elects London property head as McAuley announces retirement

Clifford Chance has elected Jonathan Solomon as head of its London real estate practice following the announcement that outgoing chief Cliff McAuley is to retire. McAuley, who is also the magic circle firm’s global practice head, will retire at the end of the year. An election for the global role will be held in the […]

Mark Abell
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Work Life Quiz: Mark Abell, Field Fisher Waterhouse

If you weren’t a lawyer, what would you have been? A rock god. What was your first-ever job? Gutting chickens at John Rannoch’s in Stowmarket. What was your worst ­experience as a trainee? Smashing the managing partner’s prized cricket bat – reputedly used by a ­former international – into tiny pieces whilst batting for the […]

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