Lex Mundi appoints three firms

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Latest Briefings

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

Bermuda allows cannabis investment funds

By Elizabeth Denman Bermuda’s authorities have given the go-ahead for investment vehicles interested in taking advantage of the legal cannabis sector. Elizabeth Denman of Conyers Dill & Pearman explains why this offshore jurisdiction is the clear choice for setting up ventures investing in cannabis-related enterprises. Investment in cannabis businesses, either directly or through an investment fund, […]

New strategy for providing free access to government data

By Jürg Schneider, Christophe Gösken On 30 November 2018 the Federal Council adopted a new open government data strategy for providing the public with free access to government data. From 2020 onwards, all government data will gradually be made available for free and in a computer-friendly format. Replacing a previous version, the new strategy is mandatory for the […]

TMT Annual Report: Evolutionary Tale

Fernando Resina da Silva and Magda Cocco, VdA partners, contributed for the TMT Annual Report for the article “Evolutionary tale” about digital challenges. Regardless of the industry sector companies operate in, new business models will be needed to be developed. This may be a great opportunity for lawyers. Technology is revolutionising the economy and it […]

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Heleniak awaits Shearmans vote

New York firm Shearman & Sterling will vote this week to appoint M&A lawyer David Heleniak as its new senior partner. Present incumbent Stephen Volk has been in the role for 10 years, and under the firm’s partnership deed is allowed to serve only two five-year terms. Heleniak, whose clients include Goldman Sachs, Merrill Lynch, […]

Eversheds to be sued by hygiene testing company Biotrace for sacking ‘blunder’…

Eversheds is being sued for £600,000 because its Cardiff office allegedly gave negligent advice. The claim goes back to 1995 and has been issued by Welsh company Biotrace, which makes hygiene testing kits. It centres on former Biotrace managing partner and chief executive Brian Levett, who was suspended and later sacked for upsetting retailer Marks […]

CASE BOOK

Judgments Three Rivers District Council & ors v Governor & Co of the Bank of England sub nom Same v Same (3) (22/3/01) HL Lords: Steyn, Hope, Hutton, Hobhouse and Millett The claim that officials in the Bank of England were guilty of the tort of misfeasance in public office was sufficiently pleaded for the […]

Digest

Hardwicke Building, the chambers of Nicholas Stewart QC (left), has been joined by Christopher Bayliss of One Inner Temple Lane. Called in 1986, Bayliss specialises in employment and motor industry law. The employment team now has 10 members. The arrival of Bayliss continues the chamber’s strategy of strengthening its specialist teams by selective recruitment.

CORPORATE

Think Skadden Arps Slate Meagher & Flom, think probably the best M&A firm in the world ever. Then think about its strategy in London, and you will probably draw a blank. Currently poised to hire Lovells private equity guru Allan Murray-Jones, to stake a claim in Italy and bulk up in Germany, the firm topping […]

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