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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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Cadwalader’s profit per point drops 38 per cent

Cadwalader Wickersham & Taft’s profit per point dropped by 38 per cent during the last year, despite the firm reporting a profit per equity partner (PEP) slump of ‘only’ 30 per cent, The Lawyer can reveal. Sources at Cadwalader were celebrating the PEP drop of 30 per cent, from $2.73m (£1.87m) in 2007 to $1.88m […]

Kueppers in the frame to take over from Seisler

Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler as Continental Europe managing partner after the firm’s partnership council recommended him for the post. Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler ;as ;Continental Europe managing partner after the firm’s partnership council recommended him for the post. Düsseldorf-based Kueppers was […]

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Slaughters, Freshfields advise on latest bank bailout

Slaughter and May has cemented its close ties to the Treasury, advising on the Government’s latest bank bailout package as well as a further governmental investment in Royal Bank of Scotland (RBS). Slaughters corporate partner Charles Randell led the team advising on the Government’s asset protection programme, which will see the Government insure banks against […]

Dentons to make up to 80 staff redundant

Denton Wilde Sapte has launched a redundancy consultation, which could see up to 80 members of staff lose their jobs. Jobs are under review in all fee-earning departments except competition, tax and TMT, across both London and Milton Keynes. The marketing, accounts, facilities and compliance functions will not be affected. It is not known whether […]

Revenue and PEP up almost 10 per cent at Cleary

Revenue at Cleary Gottlieb Steen & Hamilton rose 8 per cent during the 2008 financial year while profit per equity partner (PEP) was up 9 per cent. PEP at Cleary was $2.33m last year compared with $2.14m in 2007, sources indicate, while global revenue at Cleary increased to $961m, up from $890m in 2007. Cleary […]

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