Jacksons to split in two within months

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Shaw Pittman exits spark hiring push

The London office of US firm Shaw Pittman has been hit by a stampede of associates following recently departed partners Andrew Moyle and Jennifer Matt-ingly, but the office plans to bounce back with a bold new strategy. Highly-rated associate Alicia Young has quit to hook up with Mattingly at Pillsbury Winthrop, and The Lawyer understands […]

Drax hires Dynegy star as legal head

Troubled energy company brings in new blood to negotiate rescue package AES Drax Power, the UK subsidiary of troubled US energy group AES Corporation, has appointed the former vice-president and European legal head of Dynegy Yehuda Cohen as its general counsel. Cohen, Drax’s first UK-based lawyer, will focus on the company’s ongoing battle to stay […]

DLA sees 15 per cent income surge

Audited profit figures released by DLA show a15 per cent hike in the firm’s turnover to £234m for the last financial year, with 21.1 per cent of the firm’s fee income being distributed as equity partner profits. However, profits per partner (PPP) remained relatively static at £460,000, an increase of just 2 per cent from […]

Cobbetts signs up Stanbrook Hooper for EU advice

Manchester and Leeds-based Cobbetts has formed an alliance with Belgian trade law boutique Stanbrook & Hooper to provide its clients with EU law advice. The firms were introduced through their common membership of the State Capital Global Law Firm Group.

Legal Widow

The Lawyer likes to play a cruel game with trainees who aren’t sure of being retained. It’s called: “What you could do if you never make it as a lawyer Ideas include: going back to university and doing media studies, because three million other students can’t be wrong; retraining as a legal secretary, or as […]

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