Related briefings

Selected provisions of terms & conditions for e-shops – Czech Republic

Terms and conditions are an indirect arrangement that entrepreneurs and consumers both encounter when engaging in transactions. The common denominator of terms and conditions is that they cannot be negotiated and only remain to be accepted or not. These days, when making a purchase online, the consumer usually acquaints themselves with the terms and conditions […]

Covid-19: Overview on moratoria

Readers should be aware that EBA issued guidelines designed to clarify (among others) when a moratorium measure (private or public) does not automatically trigger the re-classification of exposures as forborne. Criteria include (i) moratorium was passed in response of the COVID19 pandemic, (ii) measure is broadly applied by institutions in that jurisdiction, (iii) measure is […]

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

Latest Briefings

Roberts case – a summary

The name of this case may seem familiar; perhaps too familiar given the time it usually takes for matters to proceed through our court system. However, you’d be right. This is the third preliminary issue in the matter of Harry Roberts (a minor and a protected party by his mother and litigation friend Mrs Lauren […]

Covid-19: Duties of Guernsey directors

As companies continue to adjust to operating under the various regimes put in place by both the States of Guernsey and governments globally in response to the COVID-19 pandemic, and even now look forward to how and when restrictions may be eased, the Guernsey Financial Services Commission (the GFSC) has issued guidance on matters they believe directors should give particular regard to when undertaking their role.

Retrospective submission of a contract of sale

On 8 May, 2020, the Supreme Court of Cyprus delivered its much-awaited judgement in the context of the appeal 68/19 (Appeal), granting leave for the submission of an application for the issuance of a Certiorari, a prerogative writ.

Covid-19 litigation update

New Practice Direction 51ZA Extension of Time Limits and Clarification of PD51Y Almost three weeks ago saw the publication of the 118th Practice Direction Update to the Civil Procedure Rules. This new practice direction, namely practice Direction 51ZA, sought to revise the usual procedures for the extension of time limits and to provide clarification on […]

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money

Simpson Thacher’s City revenue reaches new heights of $176m

Simpson Thacher & Bartlett has added $11.4m to its turnover in London, giving the firm a 7 per cent boost in the City. According to the data, Simpson Thacher’s City numbers increased from $164.9m to $176.3m over 2018, again putting it just behind Weil Gotshal & Manges in terms of London revenue size. Yesterday Weil […]

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