Along with other unprecedented measures to protect the public and the economy, the UK government announced on 23 March 2020 that commercial landlords are to be precluded from forfeiting commercial leases and evicting the tenant for non-payment of rent. This measure was originally in place until 30 June 2020 however has been extended until 30 September and will be reviewed thereafter.
June’s news ICSA publishes updated risk committee terms of reference On 1 June 2020, the Chartered Governance Institute (ICSA) published an updated version of its Terms of reference for the risk committee. The terms of reference are particularly relevant to regulated companies such as banks and insurance companies. ICAEW publishes an introductory guide to dividends […]
On 3 September 2020 amendments to the European Union (EU) Shareholder Rights Directive contained in “SRD II” will come into force. This article considers some of the key obligations on intermediaries.
A range of bitesize videos cover some very important questions about forthcoming changes to the UK immigration system and how organisations should prepare.
The Court of Justice of the European Union (CJEU) has hit the final nail in the coffin of the beleaguered EU-US Privacy Shield. Andrew Northage, one of our data protection and privacy experts, summarises the judgment and what this means for transfers to the USA, as well as the potential implications for post-Brexit Britain, in this short video nugget.
By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]
1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]
The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.
To support our clients and contacts in the retail and hospitality sectors, Shoosmiths hosted a webinar on 30 July 2020 focusing on the role of technology in making retail and hospitality safe and savvy in a post-Covid world.
Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.
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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 […]
Macfarlanes has posted double digit growth for profit per equity partner (PEP) over 2019/20, with revenue also rising by 9.5 per cent. The City firm’s PEP grew 10 per cent to £1.91m, the highest PEP figure of any UK firm to report this year so far. The double-digit increase puts Macfarlanes’ PEP above all the […]
Simpson Thacher & Bartlett has poached private equity partner James Howe from Gibson Dunn. Howe, who focuses on cross-border leveraged buyouts, mergers and acquisitions and corporate finance transactions, joins Simpson Thacher’s London M&A practice after four years as a partner at Gibson Dunn. Prior to joining Gibson Dunn he was a partner at Proskauer Rose. […]