Latest Briefings

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

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Ex-Superdry GC lands new role at betting giant William Hill

The former general counsel of retailer Superdry had landed a new role at betting company William Hill. Simon Callander, who had been at Superdry for just over two years and departed the company in early 2020, started at William Hill on the 16 March. Upon his departure from Superdry, Ruth Daniels joined the retailer as […]

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For some firms WFH policies were a tick-box thing. Not any more.

Within the space of five days from Monday 16 March, working from home (WFH) became the new normal for the vast majority of the population. Lives and habits changed instantly. You’ve probably already enjoyed at least one Zoom cocktail party, reacquainted yourself with your children and perhaps joined an online choir? From a legal market […]

money

Humphries Kerstetter cuts charge-out rates for clients

In anticipation of the economic impact that coronavirus will have on clients, Humphries Kerstetter is making the bold move to cut its charge-out rates across the board. Partner rates, which previously ranged between £390 to £450 an hour, will be set at a standard £350 as of April 1 2020. While reductions will apply to […]

DWF in discussions with lenders over COVID-19 impact

DWF has braced its investors on the impact of the coronavirus on its business, highlighting that will seek additional contingency facilities from its lenders. The firm said this was needed to ensure it has “increased headroom for working capital purposes and a relaxation of certain covenants for a period of time.” It already has an […]

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