Morgan Stanley banking ace joins Dechert

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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

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Trouble at the top

The Companies Act has placed greater weight on directors’ liability in shareholder claims. Anthony Menzies reports on how the D&O insurance market is set for a boon As in so many things, the leading market for directors’ and officers’ (D&O) insurance protection historically has been the US, where directors of publicly quoted companies can expect […]

Linklaters and Travers bag Carpetright deal

Lord Harris of Peckham has turned to longstanding adviser Travers Smith to navigate him through his £850m offer for Carpetright, where he is currently chairman and chief executive. Linklaters is advising the independent committee of Carpetright, the company Harris founded in 1988. Travers has been the go-to adviser to the company since its inception, said […]

A tough cross to bear

Do in-house lawyers have a better work-life balance? Legendary Simmons & Simmons Portugal partner Pedro Rebelo de Sousa would say yes. One of Tulkinghorn’s scribes discovered the secret behind Pedro’s perma-smile and it comes from his 10 years as Citi general counsel in Brazil during the 1990s. Pedro revealed that during that time he had […]

Gomez-Acebo signs former Endesa CFO

Spanish independent firm Gomez-Acebo & Pombo has brought in the former chief financial officer of energy giant Endesa as a part-time consultant. José Luis Palomo will join the firm’s advisory board, working three days a week. He quit Endesa in the summer after a 16-year stint at the company. The firm will use his experience […]

Sallie Mae takes JC Flowers to court

The phoney war between Sallie Mae and JC Flowers came to an end last Monday (8 October) when the student lender filed a lawsuit in Delaware Chancery Court against the private equity house and its buyer group. As reported last Monday (1 October), Flowers’ $25bn buyout of SLM, known to everybody as Sallie Mae, looked […]

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