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Equatorial Guinea: 2022 General State Budget Law
Equatorial Guinea’s 2022 State Budget was enacted by way of Law 3/2021, of 3 December 2021. The most significant provisions in the 2022 State Budget Law are the set out in the linked article.
Space brief: More public and private investment
Following a burst of space capital, 2021 saw the highest private investments in space to date, which were enabled by innovative investment vehicles such as SPACs, the creation of robust space-related funds and the convergence of governmental agencies and private companies.
Portugal: Amendments to the Commercial Companies Code
Since December 2021, the Portuguese Commercial Companies Code has been subject to several amendments, namely in terms of the governance of commercial companies, the subtypes of public limited companies (by shares), in terms of multiple-vote and corporate crimes and penalties.
GDPR Fines Tracker – Cookies: 210m€ fine imposed to Google and Facebook
The French Data Protection Authority fines Google (150m euros) and Facebook (60m euros) due to non-compliance with cookies regulation.
Portugal: Contribution on single-use plastic packaging
Ministerial Order no. 331-E/2021, of 31 December, was published, regulating the contribution on single-use packaging made of plastic or aluminium purchased in ready-to eat meals, provided for in article 320 of Law no. 75-B/2020, of 31 December, which approved the State Budget Law for 2021.
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Better not call Saul
New Mexico isn’t the place to be looking for referral relationships.
Pelosi’s Taiwan visit is also annoying for Baker McKenzie
Law firms will need to consider their values if tensions between US and China continue to escalate
Celebrity culture’s newest megastar: Mrs Justice Steyn
One judge is behind a spate of high-profile rulings
Sorry Linklaters, Freshfields and Slaughters: You’re out.
The magic circle has been usurped by the US ‘giants’ when it comes to corporate practice
City NQs are making more money than some regional partners
Recent salary hikes have meant that several City firms’ NQ pay is higher than the PEP of some regional firms
In corporate, the litigators are never far behind
Big deals mean big business. But as the Twitter saga shows, there’s also the potential for a dispute.
Capsticks opens in seventh UK location
Capsticks has opened an “office hub” in Colchester to support its new insurance team. The workspace opened in May 2022 and is located at Lodge Park Business Centre in Langham, a 15-minute drive from the heart of Colchester. The site has been initially created to support partner Natalie Simpkins and legal directors Edward Weaver and […]
UK PEP at CMS finally hits £1m milestone
CMS’s UK average profit per equity partner (PEP) has broken through the £1m barrier, having fallen shy of the mark the year before, The Lawyer can reveal. The result shows a 14 per cent increase, from £912,000 to £1.04m. This growth is double that of the previous year, which saw UK PEP rise 7 per cent, from […]
Clydes’ PEP dips in post-BLM merger results
Clyde & Co’s total revenue climbed 1.6 per cent from £639.6m to £650m over 2021/22, as revealed in its first set of financial results since the BLM merger was finalised earlier this year. Net profit increased 4 per cent from £152.8 to £159m, while profit per equity partner (PEP) dipped 1 per cent from £715,000 […]
Linklaters’ PEP continues rebound as it nears £1.9m
The financials are the first full-year results to be published under the leadership of senior partner Aedamar Comiskey and managing partner Paul Lewis.
Evelyn Partners hires new GC
Evelyn Partners has hired Charlotte Davies of Provident Financial Group as its next GC. Having spent three years as group GC and company secretary at Provident, she replaces Evelyn’s current GC Nicola Mitford-Slade who is retiring from the role. Davies will begin her new position on 1 September 2022. Davies trained at magic circle firm […]
Former heads of competition watchdog line up on £9.9bn crypto class action
Two former heads of the Competition and Markets Authority (CMA) are involved in bringing a £9.9bn anti-trust class action against four major crypto currency exchanges. An estimated 240,000 UK investors of cryptocurrency Bitcoin Satoshi Vision (BSV) are claimed to have suffered £9.9bn in losses after trading platforms Binance, Kraken, ShapeShift and Bittylicious delisted the BSV […]
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