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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

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AVMA ends exclusive agreement

Action for Victims of Medical Accidents (AVMA) is extending its exclusive insurance arrangement with Litigation Protection to include both Amicus Legal and Saturn Professional Risks. Since 1996, Litigation Protection has offered discounted policies solely to lawyers on AVMA’s panel and the charity has handled the insurer’s risk assessment. An AVMA spokesman says the charity has […]

Relief sought on Norfolk land

A case of “retirement relief” in respect of capital gains tax on the sale of business land has come before the Appeal Court. Judgment has been reserved in a case in which the family of a deceased Norfolk man has challenged a February 1997 High Court ruling over farm land in Norfolk. The court held […]

Berrymans moves into North East

Berrymans Lace Mawer is securing a foothold in the North East in an attempt to put a stranglehold on insurance specialists in the region. The firm is proposing to take over niche firm Linsley & Mortimer, which provides specialist insurance advice for companies such as Iron Trades. Paul Taylor, national senior partner at Berrymans Lace […]

Flotations & Financing

Allen & Overy, led by partner David Morley, advised a six-bank group of arrangers, including Citibank, Goldman Sachs, Merrill Lynch and UBS, on the US$16bn bid financing put in place for Spanish oil company Repsol’s bid for Argentina’s largest privately owned company, YPF. Freshfields advised the borrower.

R&W's Cirillo joins rival firm

Rogers & Wells’ former head of anti-trust, Richard Cirillo, has left to join rival US firm King & Spalding, ahead of Rogers’ vote on merging with Clifford Chance next month. Cirillo, a securities and antitrust litigation partner who has spent his entire career so far at Rogers, joins the New York office of his new […]

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