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Judgement on injunction application for breach of confidence published by English High Court despite parties settling

By Ben Hobden, Sarah McLennan In HML PM Ltd v. Canary Riverside Estate Management Ltd and another EWHC, [2019] 3496 (QB) the High Court dismissed an application for an interim injunction to restrain defendants from using allegedly confidential and privileged documents. Proceedings settled after the application was heard and prior to the publication of the […]

The value of a Corporate Service Provider

By Tracey Spevack With increasing demand from regulators and investors for the highest standards of corporate governance and stringent compliance with a growing list of complex regulations, more and more businesses are turning to professional corporate service providers for expert help. Recent years have seen significantly increased regulatory requirements and obligations placed on businesses in […]

The Cayman Islands Private Funds Bill, 2020 – Are fund finance deals impacted?

By Derek Stenson, Michael O’Connor On January 8, 2020 the Cayman Islands Government published the Private Funds Bill, 2020 (the “Bill”). The Bill builds upon the reputation of the Cayman Islands as a co-operative and transparent jurisdiction and introduces for the first time a requirement for private funds to register with the financial regulator in […]

Offshore: Navigating change and charting the course for the future

By Sophia Greaves Despite the present challenges faced by all international financial centres, in particular global volatility in financial services and demands for greater regulation, Bermuda’s perennial resilience and ability to adapt to market demands will continue to ensure that the Island maintains its status as a premier international business jurisdiction. There is no denying […]

STARs, SPACs and IPOs – A guide to Cayman Islands Star Trusts and Special Purpose Acquisition Companies

By Robert Lindley, Peter Ch’ng, Matthew Stocker, Wesley O’Brien What are Special Purpose Acquisition Companies? Special purpose acquisition companies (SPACs) are enjoying something of a renaissance. Unlike the traditional private equity model, SPACs raise funds through an initial public offering (IPO) with the proceeds subsequently being invested in the acquisition of, or merger into, certain […]

Latest Briefings

Guidance on the court’s approach to challenges to planning permissions for quarrying in green belt (Haden v Shropshire Council)

By Nina Pindham Planning analysis: In Haden v Shropshire Council, the High Court rejected a legal challenge to a local planning authority’s (LPA’s) decision to grant planning permission for development of a sand and gravel quarry in the green belt. Nina Pindham, a barrister at No5 Barristers’ Chambers and counsel for the defendant, considers the […]

Amendments to tax laws in the region

Tax laws in Serbia were amended at the end of 2019 and entered into force 2020, with the most significant change affecting the status of entrepreneurs. Significant amendments to tax laws were also made in North Macedonia and Slovenia. Bosnia and Herzegovina signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base […]

Law on strategic investments adopted in North Macedonia

The purpose of the recently adopted Law for Strategic Investments (“Law”) which is in line with the directives of the European Union, is to encourage, attract and create conditions for conducting strategic investments. This Law should encourage economic growth, employment and use of new technologies and innovations, increasing the competitive economic opportunities of North Macedonia, […]

Significant novelties and legal solutions of the new labor law in Montenegro

The new Labour Law of Montenegro (the “Law”) was published in the Official Gazette of Montenegro no. 74/2019 on December 30, 2019, and entered into force on January 7, 2020, whereas the Labor Law (“Official Gazette of Montenegro”, nos. 49/08, 59/11, 66/12, 31/2014 and 4/18) ceased to apply. Significant novelties prescribed by the new Law […]

New rules on issue of accompanying notes

By Assel Ilyassova New rules on issue and circulation of accompanying notes in respect of goods were published on 31 December 2019. These rules are effective from 1 January 2020 except for certain provisions which come into effect on 1 April 2020. The accompanying note is recognised as an obligatory document confirming dispatch of the […]

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Dentons bucks merger approach in favour of organic Dublin growth

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Clifford Chance wins role on Apple’s licensing agreement with UK chip maker

A partner duo from Clifford Chance has taken legal duties for UK chip designer Imagination Technologies as part of a license contract with Apple that will revive a relationship that ended a few years ago. The multi-year license agreement marks a new collaboration between Apple and Imagination Technologies, which in the past provided graphic chips […]

A&O becomes seventh global firm to secure Shanghai JV

Allen & Overy has gained approval for a joint operation in the Shanghai Free Trade Zone, becoming the seventh firm to launch such a venture. In doing so, A&O is also the second magic circle firm to expand its capabilities in China with a joint operation; Linklaters was the first to secure Chinese law capability […]

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Hogan Lovells loses another senior partner as Birmingham chief departs

The head of Hogan Lovells’ Birmingham office Michael Gallimore has become the latest senior partner to leave the firm, prompting a change in leadership for the firm’s Midlands outpost. Gallimore has joined boutique planning firm Town Legal after over 30 years at Hogan Lovells. Having made partner in 1988, he was made head of planning […]

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