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A&O loses Singapore QC to 20 Essex Street Chambers

Allen & Overy (A&O)’s Judith Gill QC will move to 20 Essex Street Chambers as an arbitrator next month, The Lawyer understands. Gill is currently based in Singapore, though it is not known whether she will join the set in London or in its offices in the far east city. Gill will become the set’s 19th arbitrator […]

Hong Kong

Addleshaws poaches BLP Asia head for growth spurt

Addleshaw Goddard has brought in veteran Asia head Bob Charlton in from Bryan Cave Leighton Paisner (BCLP) to head up its Asia Pacific presence. Charlton will join Addleshaws after heading up BCLP’s Asia presence since 2014. Bryan Cave merged with Berwin Leighton Paisner in February this year to form BCLP. This new appointment will mean […]

Global Features

Picture-of-man-riding-on-an-arrow-614404796

Swiss firms must innovate to get a piece of the action

Switzerland’s stability in a volatile world is fuelling its economy, and local law firms are having to innovate to compete with global players The Swiss market is in good shape but that does not mean there are no challenges to face. The Lawyer asked for the opinions of some of the market’s leading figures on […]

CEE - euro

CEE special report: For local and global firms, teamwork is best

Fallout from the global financial crisis keeps lawyers in CEE busy. But the region’s complexity means the work is best handled by local and international firms working together The EU bailout of Greece is often cited as the pinnacle of national financial mismanagement. Less often spoken about is the situation in Central and Eastern Europe […]

Why is project work so tricky in CEE?

Infrastructure and projects work is a core practice area for many firms operating across the Central and Eastern European (CEE) region. In theory there should plenty of work around because these countries need significant improvements to their transport, energy and public buildings. In practice, things are not quite so clear-cut. “My feeling is that if you […]

Japan

Mayer Brown grows Tokyo office with Shearman and Ashurst hires

Mayer Brown has bolstered its new Tokyo office, hiring two partners and one senior associate, joining the firm’s banking and finance and corporate and securities practices. Shri Maski and Tomo Adachi will join Mayer Brown’s banking and finance practice from Ashurst. Maski is joining as a partner and Adachi is joining as a senior associate. […]

moves, lateral hires and exits

Bakers boosts banking team with White & Case and Ropes hires

Baker McKenzie has hired a three-strong partner team from White & Case and Ropes & Gray to bolster its banking team in London. White & Case partner Michael Doran is joining alongside Ropes & Gray counsel Nick O’Grady and Bevis Metcalfe. O’Grady and Metcalfe are joining as partners. Doran, who was one of the founding […]

Latest briefings

Cayman Islands beneficial ownership regime update

By Richard Fear, partner and Maree Martin, head professional support lawyer Since our Cayman Islands Beneficial Ownership Regime Alert in May 2017, the Cayman Islands Government has amended the beneficial ownership regime, and has issued further regulations. The Amending Laws modify who must comply with the beneficial ownership regime and impose new filing obligations on […]

Changes in Russian currency legislation

On 14 April 2018, the changes to the Federal Law ‘On Currency Regulation and Currency Control’ (the ‘Currency Regulation Law’) and the Code of the Russian Federation ‘On Administrative Offenses’ introduced by Federal Law No. 64-FZ dated 3 April 2018 became effective, which provide for the obligation of Russian residents to repatriate to their accounts […]

Can Kazakhstan tap Islamic Finance to become a regional Islamic Finance hub?

By Shaimerden Chikanayev As Central Asia’s largest and richest country, with a Muslim-majority population of around 18 million people, Kazakhstan wants its local Islamic banking industry, as an alternative source of capital for SMEs, to reach 3-5% of its total banking assets by 2020 from 0.08% in 2015… 

Football Association of Ireland settles Athlone match-fixing case

The Football Association of Ireland (FAI) has settled High Court proceedings brought by two former Athlone Town football players suspended by the FAI for match- xing. The proceedings concerned an appeal by the players Igors Labuts and Dragos Sfrijan against a 12 month suspension imposed by the FAI Independent Disciplinary Committee (Disciplinary Committee). The suspension […]

Soft drinks industry levy is in force

As reported last year, Government has introduced legislation enabling the introduction of the Soft Drinks Industry Levy (SDIL) in an attempt to reduce the consumption of sugary drinks. This so-called sugar tax came into force earlier this month. A drink is liable for SDIL if it meets all of the following conditions…

Rules of origin and the possible effect of Brexit on the food and drink sector

The European Commission has issued a Brexit notice to food business operators regarding the legal repercussions of the UK leaving the European Union. The Commission warns that EU food law may cease to apply to the UK from 30 March 2019 onwards. The consequences of this may include that, among other things, labelling on food […]

New EU legislation designed to reduce acrylamide in food

Whilst it is not possible to eliminate acrylamide completely from foods, it is possible to take steps to try and ensure that acrylamide levels are as low as reasonably possible. This is the reasoning behind the new Commission Regulation (EU) 2017/2158 which came into force this month. As from 11 April 2018, all food business […]

ISDA Master Agreements and the calculation of close-out payments

A recent case in the commercial court has highlighted that the change in wording between the 1992 and 2002 ISDA Master Agreements in relation to the calculation of the amount payable on early termination is a significant one. Under the 2002 agreement, the calculation of the close-out amount has to be objectively reasonable and not […]

Court’s approach to the sale of the family home on divorce

By Sarah Green The power of the court (or otherwise) to order that a property be sold on divorce during the course of proceedings has often been the subject of debate. The default approach has tended to be to wait until a final hearing, where it is clear that the court has power to make […]

Slovenia: Food supply chain – changes to the menu

Following an examination by the Competition Protection Agency regarding unfair trading practices in the food supply chain (for further information please see “Unfair trading practices in food supply chain examined”), the government drafted a proposal to amend and supplement the Agriculture Act. The proposal contained some major changes to the food supply sector. Parliament accepted […]

There’s no place like home until the neighbour interferes

My home is my castle. Unfortunately, the Austrian Supreme Court (“OGH”) doesn’t think so. The Austrian Civil Code (ABGB) entitles property owners to prohibit all emissions that exceed the local norm and have a substantial effect on the customary use of their property. Here are some rulings that the OGH has made since 2011…

New deal for consumers in the EU: A proposal to strengthen collective redress

The European Commission has just published its comprehensive proposal for the so-called “New Deal for Consumers”, which aims to strengthen EU consumer rights and enforcement. This includes the proposal for a new Directive enabling certain qualified entities to seek redress on behalf of consumers who have been harmed by an unlawful commercial practice. Collective redress […]

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