Orrick and Swidler to tie the knot in summer

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Shoosmiths posts record results

National firm Shoosmiths has posted a record set of financial results for 2003-04, with the firm’s profitability rising by a dazzling 67 per cent. Turnover rose 25 per cent from £44.3m to £55m, while average profits per equity partner (PEP) leapt from £136,000 last year to £226,500. Profits now stand above 2001-02 levels, when Shoosmiths […]

Ex-OGS man makes move to Cephalon

The former general counsel of Oxford GlycoSciences (OGS) and British Biotech John Ilett has been named as the first European lawyer at US pharmaceutical company Cephalon. Ilett quit OGS last year in the wake of its merger with Celltech, which became the UK’s biggest biotech company and is now in the process of being bought […]

Vinson managing partner quits for LeBoeuf

Vinson managing partner quits for LeBoeuf Vinson & Elkins London has lost managing partner John LaMaster to LeBoeuf Lamb Greene & MacRae. Vinson will now have just six partners and seven other lawyers in London; two years ago it had over 30. The appointment brings the number of LeBoeuf partners in London to 16, supported […]

Freshfields mourns former chief

Freshfields Bruckhaus Deringer partners last week attended the funeral of former co-senior partner Christian Wilde, who passed away on 9 May in Hamburg. Wilde was a major force behind the merger of Bruckhaus Westrick Stegemann and Freshfields Deringer. He died at the age of 64 after a long illness and will be sadly missed in […]

McDermott scoops team in latest round of CC NY departures

Clifford Chance’s New York exodus today shifted up a gear after a team of six corporate lawyers jumped ship for McDermott Will & Emery. The haul includes two partners, John Lutz and David Taub who both specialise in capital markets with a particular emphasis on derivatives and structured products. Joining Lutz and Taub, will be […]

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