Pakistani lawyers march for judges’ reinstatement

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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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Hammonds star puts trio of football deals in the net

Hammonds has won a hat trick of contract deals for football clubs, including advising Manchester City on the sacking of manager Sven-Goran Eriksson. Corporate partner David Hull has worked on three deals since the season ended. He also acted for Manchester City on the hire of new executive chairman Garry Cook, who was formerly a […]

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Olswang backtracks on NQ pay freeze

Olswang has backtracked on its decision not to raise its newly qualified (NQ) salary band, having announced last month that NQ pay would be frozen at last year’s levels

Cripps bucks trend with growth acceleration

Tunbridge Wells firm Cripps Harries Hall has posted a muted financial performance for 2007-8 although growth picked up in the second half of the year. Over the 12 months, turnover increased by 8 per cent to £19m while net profits rose 6 per cent to £5.2m. The firm’s average profit per equity partner (PEP) figure […]

Cadwalader names new financial restructuring chief

Cadwalader Wickersham & Taft has appointed Deryck Palmer as co-chairman of the firm’s financial restructuring department. The firm announced today (10 June) that Palmer, formerly a partner at Weil Gotshal & Manges who joined Cadwalader in 2007, is to join Bruce Zirinsky in managing the 65-member team of lawyers. “Deryck has all of the qualities […]

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Debt buybacks row rages, LMA to negotiate

US AND magic circle partners are continuing to debate the issue of debt buybacks as the Loan Market Association (LMA) prepares to amend its documentation. The LMA said it will amend its primary facility agreements to provide options for the lender and borrower to negotiate whether debt buybacks should be permitted. The association says buybacks […]

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