Merger reform given green light in Ireland

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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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Shearman’s Yukos case and the $1,065 per hour lawyers

Shearman & Sterling has triumphed in a decade-long arbitration battle for Yukos shareholders against the Russian state – but at what cost? Litigation is expensive – but turning to arbitration instead is seldom any cheaper. That has been proven in spades by the decision last week of a tribunal sitting in the Hague to award […]

Taking the Eurozone crisis to court

Last year Cypriot investors were horrified to learn that their government had agreed to a “haircut” on bank savings in order to bail the country out of the economic crisis it found itself in. Although the proposals were eventually watered down, many Cypriots and others with money in the Cypriot banking system lost money. Now […]

Richard Kemp

Law firm start-ups, then and now

The contrasting experience of two technology law firm start-ups in 1994 and 2014 highlights the massive evolution of legal practice in the last 20 years. Law firm IT and regulation have both changed out of all recognition over the past two decades. The first has become a lot more flexible, better and cheaper; the other, much […]

Shoosmiths advises Palatine and Bridgepoint on sale of Hallmark Hotels to Topland Hotels

Shoosmiths has advised Palatine Private Equity and Bridgepoint Development Capital on the successful exit of their investment in Hallmark Hotels Group. Palatine and Bridgepoint established the Hallmark Hotels Group in October 2007 to pursue a buy-and-build strategy of acquiring underperforming three-star hotels and converting them into four-star luxury hotels. Since then, the group has made […]

Slaughters appoints second diversity chief as it pilots flexi-working scheme

Slaughter and May has appointed a second diversity chief, Susannah Macknay, to assist the firm’s inclusion efforts. Corporate partner Macknay has been working alongside litigator Ewan Brown, who has been working as the firm’s sole diversity partner since 2012. Macknay took up the post in May, following an appointment by Slaughters’ management board.  Slaughters has […]

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