Our Senior Associate Dr. Panagiotis Tsangaris contributed the Cyprus chapter in the book Sanctions in Europe published by WorldECR. The book examines the national regime implementing sanctions and restrictive measures in each EU Member State, including the responsible agencies, the conduct of investigations, the grant of licences, the domestic record of sanctions investigation and enforcement.
The Treasury of the Republic and Ministry of Finance issued a joint statement on the impact of the COVID-19 epidemic on public procurements. This notice states that the current situation caused by the spread of the COVID-19 is considered to be a cause of force majeure, for which there is a relevant provision in the […]
The outbreak of the coronavirus disease (COVID-19) represents one of the most serious public health crises of the recent decades and is causing major disruptions and unprecedented volatility in markets, economies and businesses throughout Cyprus. Cyprus businesses and investors across industries are facing various challenges and issues, some of which require urgent legal advice. We […]
Governments, public and private organisations throughout Europe are taking measures to try to contain and mitigate COVID-19 and its consequences including processing sensitive personal data. However, they should still keep GDPR and its obligations in mind in the time of COVID-19.
On 15 March 2020, the Council of Ministers held an extraordinary meeting and decided on the measures to be taken for the protection of employees and businesses, in view of the emergency situation created as a result of the spread of coronavirus (COVID-19). The measures to be taken include the following: 1. The provision of […]
With more organisations every day having to take drastic measures against the spread of COVID-19, those of us with jobs that can be done remotely should be thankful. Whilst not everyone across firms and chambers have the option, many of us do, and where possible should be looking to work from home. If you’re not […]
Reading Time: 5 minutes Remote working has really caught on in the past 5 years, and for a number of reasons (from huge tech improvements, to global health crises) is growing in popularity. But while some people are already familiar with what it takes to work from home effectively, others are only just having to […]
This briefing looks at the following measures country by country: Are measures that provide for (1) a deferral of payments and/or (2) a freeze on enforcement (each, a “Moratorium”) in place / planned? Is the Moratorium (quasi-) voluntary or imposed by an authority / regulator? Does the Moratorium apply to local creditors only or does […]
The Government of Jersey implemented new measures on 30 March 2020 that, amongst other things, restrict public gatherings to no more than two people. These measures largely reflect similar restrictive measures implemented by the UK Government on 26 March 2020 (Stay at Home Measures). In light of the introduction of the Stay at Home Measures, […]
By Nicholas Burkill The BVI Commercial Court has just delivered a judgment that answers the question raised in the BVI as a result of two English decisions questioning the availability of Norwich Pharmacal relief for the purposes of overseas proceedings. In the first written judgment on the issue delivered on 10 March 2020, Wallbank J […]
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A partner from McDermott Will & Emery’s finance practice has left the firm after 18 months for Addleshaw Goddard. Rachel Kelly, who specialises in structured finance and debt capital markets, moves to Addleshaws with fellow lawyer Kerry Pettigrew, who joins Addleshaws as a legal director. Kelly was one of the first partners to depart the […]
DWF, Blackstone Chambers and 11KBW today pulled off a dramatic victory for Morrisons in the Supreme Court, as it ruled that the supermarket chain was not ‘vicariously liable’ for a mammoth data breach that affected over 100,000 employees. In a judgment handed down by five justices via live stream on Wednesday morning, the Supreme Court unanimously […]
Almost 400 barristers registered to the Irish Bar have volunteered to carry out coronavirus contact tracing in order to help relieve pressure on health staff. A total of 385 barristers, which is about one-sixth of all practising barristers in Ireland, have signed up to volunteer for the Health Service Executive. Under the scheme, which is […]
Shearman & Sterling’s Italian arm has told its staff that it will not be handing out any pay rises this year. Following a management decision, which is understood to have been made slightly before the coronavirus outbreak, staff in the Milan and Rome offices of the US firm will not be granted raises for the […]
Covington & Burling has made its first London lateral hire in two years, bringing in a new partner from Bryan Cave Leighton Paisner to boost its competition capabilities in the City. James Marshall joins the Washington DC-based firm after more than 10 years at BCLP, having spent nine of those years at Berwin Leighton Paisner […]
Ashurst has launched a consulting business in its Australian offices, hiring a chief strategy officer from Deloitte to run one of the groups. Philip Hardy – who was chief strategy officer of Deloitte’s audit and assurance division – will run Ashurst’s risk advisory service, which will focus on how to manage risk and compliance issues […]