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Latest Briefings

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

Board decisions made by delegation of powers can be challenged in court in Romania

By Mădălina Neagu, Andra Jegan To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and have enabled them to expedite corporate changes concerning their main […]

Canada: New checks under Police Record Checks Reform Act

By Amy Derickx On Nov. 1, 2018, new “checks” on the police record check system will be in force under Ontario’s Police Record Checks Reform Act. Organizations who rely upon police record checks as a method of determining suitability for employment or volunteer work will want to review related policies and procedures for the purposes of […]

Blockchain and Cryptocurrency Regulation 2019

Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions. […]

Mongolia – Trademark Protection

By Bolormaa Volodya The exclusive rights of the trademark holder will be granted or entitled when the trademark is officially registered with the General authority of Intellectual property and trademark certificate is issued. “Trademark” means distinctive expression used by an individual or a legal entity, engaged in manufacturing of goods or the provision of services, in […]

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Matrix becomes first set to use paralegals

In what is believed to be the first move of its kind, Matrix Chambers is to employ paralegals. The first paralegal, law student Anjoli Singh, has already been recruited and will join the set in October to work on a major piece of international litigation that will be heard in the International Court of Justice. […]

Nicholson Graham hires ISL counsel

Nicholson Graham & Jones is taking on the former senior legal counsel at ISL Worldwide as a partner in its cross-departmental sports group. Jay Gillman-Wells, who was also head of ISL’s internet and new media division, will develop exploitation of television and media rights with the intention of creating a one-stop-shop in the firm for […]

Irwin Mitchell loses top partner to regional rival

Leading partner Hugo Stephens is quitting Irwin Mitchell for a new home at regional rival Pinsent Curtis. Stephens and his five-strong team will join Pinsents’ major projects group – one of the eight markets the national firm recently earmarked to become core practice areas. The departures are a blow to Irwin Mitchell, one of the […]

Isaacs leaves 4-5 Gray’s Inn for 3-4 South Square

Top silk Stuart Isaacs QC is leaving 4-5 Gray’s Inn Square following the failed merger with Monckton Chambers. Two juniors at the chambers are also leaving but the set has tempted in a senior junior from Fountain Court. Leading commercial and European silk Isaacs is quitting after 22 years to join 3-4 South Square on […]

Morgan Lewis loses partner to e-company

Morgan Lewis & Bockius partner John Parker has left the business and finance department to join a new management team at new media and e-commerce company AirClic. Parker joins as executive vice president of business development and legal at the company. He says: “I was working with AirClic as its outside counsel. It is a […]

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