This note discusses recent developments in Kazakhstan on the suspension of the initiation of bankruptcy proceedings. The proposed suspension was introduced to help businesses overcome the economic crisis caused by the COVID-19 outbreak and measures taken to slow it down. Our note is intended to be a helpful guide – it is not comprehensive and does not constitute legal advice.
On 29 July 2020, important amendments were made by the Turkish parliament to the “Law on the Regulation of Broadcasts via the Internet and Prevention of Crimes Committed through Such Broadcasts”. The law is the main piece of legislation covering the dissemination of information on the Internet and until now did not directly cover content on social media. Below is a summary of the main modifications related to Internet companies that the new law introduces.
In response to the COVID-19 pandemic, the National Bank of Serbia adopted two decisions aimed at protecting Serbia’s financial system: the Decision on Temporary Measures for Banks for the Mitigation of Effects of COVID-19 Pandemic Aimed at Protecting the Financial System, which applies to banks; and the Decision on Temporary Measures for Leasing Providers for the Mitigation of Effects of COVID-19 Pandemic Aimed at Protecting the Stability of the Financial System, which applies to lessors.
The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) launched the second tender procedure of the Hungarian Renewable Energy Support System Scheme (METÁR).
Podcast series Asset Yield includes interviews with principal investors, originators, advisors, and funders in the world of non-performing and non-core assets of all classes, bringing you front line market insights. In this episode Denise Hamer, Head of Kinstellar C/SEE Asset Solutions, speaks with Guy Stevens, an independent financial sector consultant.
Andrew Rayment and Charlotte Smith (both Employment) presented a live Q&A webinar discussion on ‘Employee engagement and future HR trends’. Walker Morris employment lawyers were joined by Lisa Rowlinson-Brown, People Director at Symington’s, Steve Joyce, HR Director at Airedale International Air Conditioning and Catherine de la Poer, Leadership Developer at Halcyon Coaching.
The business supplies sector has had to move swiftly and decisively during the Coronavirus pandemic to meet the changing demands of customers.
In the same week as the EU stimulus package was agreed, the Irish Government has announced a series of measures to support the Irish economy, assist business and promote employment in response to the COVID-19 pandemic.
There has rightly been increasing emphasis since the Mid Staffs inquiry and other high media profile investigations, such as Hillsborough, on the responsibility of public bodies to be open and candid in all of their dealings with the Coroner.
On 28 July 2020 Foxton J handed down judgment in this important case concerning the effect of “subjects” in commercial negotiations, which contains a number of significant points of interest to those negotiating contracts, particularly in the charter market.
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Five funds and corporate lawyers have joined K&L Gates’ Hong Kong office as Orrick’s Hong Kong base shuts its doors. The team moving to K&L Gates is led by Orrick Hong Kong funds partners Sook Young Yeu and Scott Peterman. Of counsel William Ho has also joined K&L Gates as a partner, along with two […]
Brodies has recorded its tenth consecutive year of growth, with a 7 per cent revenue increase. Over 2019/20, the firm’s revenue rose from £76.9m to £82m while profits before partner distributions were £38.5m, up from £37.4m the previous year (3 per cent growth). Cash balances also increased from £21m to £25m. Average profit per equity […]
Womble Bond Dickinson (WBD) has been rebuked and fined by the Solicitors Regulation Authority. The regulator investigated after WBD self-reported. A corporate client asked WBD to hold funds for it in the firm’s accounts. The client requested that these funds were held on behalf of the client’s client – who was not associated with WBD. […]
A High Court judge, giving his verdict in the latest spat between mining company Vale and BSG Resources, has criticised litigants and their advisers for adopting a “needlessly antagonistic” stance in disputes. Master Davison made the comments after dismissing an application made by former BSG director Dag Lars Cramer against a Part 71 Order requested […]
Slaughter and May has scoped out Goldman Sachs’ former European HQ as an option for its London relocation. The Lawyer understands that with its current lease expiring in 2026, the firm has looked at Peterborough Court on Fleet Street as a potential new HQ. Slaughters has occupied the entire 260,000 sq ft of its 1 […]
Clifford Chance, Ashurst, DLA Piper and Dentons are among the firms that have secured a place on The Financial Conduct Authority (FCA)’s latest £8.6m legal panel. The new, expanded panel is made up of 15 firms, with new appointments including Clyde & Co, Pinsent Masons and Mills & Reeve. Whereas previously the FCA had separate […]