Moves roundup: 10 November 2008

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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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Battling on

Despite criticism of its regulatory regime, the British Virgin Islands is working hard to keep its house in order, says Terrence Williams Robust regulation and ­effective enforcement are the cornerstones of maintaining investors’ confidence in our financial system. Despite criticism from some quarters, the British Virgin Islands (BVI), through words and deeds, is committed to […]

More jobs to go in South West

“These are tough times, I’m just trying to steer us through,” one Bristol managing partner sighs. Talk of legal redundancies are high on the agenda across the South West, with Clarke Willmott currently in consultation with 40 members of staff (The Lawyer.com 28 October). But many firms are trying to make the most of their […]

Simmons in Wachovia, Links raids for China duo

Simmons & Simmons has hired a senior legal counsel from Wachovia Bank to expand its China financial markets group. Sau-Wing Mak, who was also a senior vice-president at Wachovia and was previously a Linklaters solicitor, joins Simmons as a partner. She will be joined in Hong Kong by Linklaters managing associate Kevin Tong, who joins […]

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Two UK firms fall victim to the crunch

The economic crisis has claimed its first two substantial victims in the British legal sector. The economic crisis has claimed its first two substantial victims in the legal sector. London firm Saunders Solicitors, which had 10 partners and a turnover of £2.5m, was wound up in October by administrators BDO Stoy Hayward, drafting in a […]

Wall St Woes: Labor data

The dramatic drop in legal jobs last month is an indicator that recession is more than just looming. The US Bureau of Labor Data Statistics monthly employment report paints a bleak picture reporting the first significant year on employment rate drop in a decade (see story). Record layoffs and firm dissolutions have contributed significantly to […]

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