Mid-market firms opt to retrain and redeploy

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Latest Briefings

Congo: Revision of mining code

By Olivier Bustin and Pierrick Ferrero Following the actions by the Ivory Coast in 2014, as well as Burkina Faso, Cameroon and Senegal in 2016, who adopted a new mining code, the DRC has recently revised its mining code enacted in 2002…

A new duty of care for financial services firms?

The Financial Conduct Authority (FCA) is considering a new consumer protection duty of care for financial services firms.  Walker Morris Banking and Finance Litigation partners Louise Power and Rob Aberdein explain.

GDPR compliance in the Benelux: let the controls begin

The Dutch Data protection authority (Autoriteit persoonsgegevens –“AP”) recently informed the public that they were assessing the GDPR compliance level of large companies in the Netherlands. In doing so, the authority took advantage of its new powers under article 30.4 of the EU General Data Protection Regulation…

EC puts business on Brexit amber alert

By Bernadine Adkins Yesterday, the European Commission released a Communication entitled ‘Preparing for the withdrawal of the United Kingdom from the European Union on 30 March 2019′[1]. It outlines the steps that business should take to prepare for the UK leaving the EU. The Communication’s message is clear: “On 30 March 2019, the United Kingdom […]

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Lehman’s City lawyers abandon sinking ship

Nomura set to inherit half of bank’s team as 60 lawyers quit More than half of the London lawyers at Lehman Brothers have left since the bank’s collapse in September, despite the huge amount of legal work still required by administrator PricewaterhouseCoopers (PwC). From a team of 80-100 lawyers, around 60 have departed. PwC has […]

Unlicensing laws

New regulations mean that private trust companies no longer need to obtain a trust licence to act as trustees, allowing the Cayman Islands to maintain its competitive edge, reports Sara Collins The highly anticipated Private Trust Companies Regulations 2008 have now been enacted in the Cayman Islands, a development that has been greeted with enthusiasm […]

Simmons bolsters global real estate team

Simmons & Simmons has hired two partners and a ­managing associate for its international real estate practice. Commercial property specialist Rachel Francis-Lang has joined the London office as a partner from Eversheds, while Phillip Beer joins the firm as partner from Herbert Smith, where he was of counsel. The firm has also appointed Duane Keighran […]

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Eversheds launches fresh redundancy talks

Eversheds launches fresh redundancy talks” class=”inline_image inline_image_left” src=”/pictures/web/images/14763_david-gray-eversheds.jpg” />Eversheds has launched a second round of redundancy talks with 45 lawyers and related support staff. Those affected are predominantly in the M&A, finance and insurance departments. Those being consulted in finance are focused on real estate finance and acquisition finance. David Gray, Eversheds chief executive said: […]

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New compromise

Guernsey’s new Companies Law means that compromise agreements are now more aligned with English law. Nick Gamble and Mathew Newman report A problem typical to insolvent/quasi-insolvent restructurings is that claims are often structured in two different ways. They are either structured as to require unanimity among a creditor class for changes to the fundamental terms […]

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