Panel pressure ramps up post HCA review

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Latest Briefings

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

Bermuda allows cannabis investment funds

By Elizabeth Denman Bermuda’s authorities have given the go-ahead for investment vehicles interested in taking advantage of the legal cannabis sector. Elizabeth Denman of Conyers Dill & Pearman explains why this offshore jurisdiction is the clear choice for setting up ventures investing in cannabis-related enterprises. Investment in cannabis businesses, either directly or through an investment fund, […]

New strategy for providing free access to government data

By Jürg Schneider, Christophe Gösken On 30 November 2018 the Federal Council adopted a new open government data strategy for providing the public with free access to government data. From 2020 onwards, all government data will gradually be made available for free and in a computer-friendly format. Replacing a previous version, the new strategy is mandatory for the […]

TMT Annual Report: Evolutionary Tale

Fernando Resina da Silva and Magda Cocco, VdA partners, contributed for the TMT Annual Report for the article “Evolutionary tale” about digital challenges. Regardless of the industry sector companies operate in, new business models will be needed to be developed. This may be a great opportunity for lawyers. Technology is revolutionising the economy and it […]

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Asia moves: 16 December

All the latest partner hires and other appointments within firms and offices in the Asia Pacific region. Australia Herbert Smith Freehills has promoted three lawyers to partner in its employment, pensions and incentives (EPI) practice in Sydney. The new partners are Michael Gonski, Sonia Millen and Drew Pearson. Gonski focuses on senior executive issues, the […]

Cayman Islands signs FATCA agreement with US

On 29 November, the US and the Cayman Islands signed a ‘Model 1’ intergovernmental agreement (IGA) on the Foreign Account Tax Compliance Act (FATCA). The US considers this IGA already to be in effect, despite the need for implementing measures in the Cayman Islands. This IGA is the second such agreement with a country that is […]

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The Lawyer Global Litigation Top 50: The in-house side of the story

The hourly rate is fast becoming an anachronism and firms must heed client warnings and foster more flexible solutions, say general counsel The response to last week’s news story trailing the results of the exclusive in-house research contained in today’s The Lawyer Global Litigation Top 50 highlights the ongoing row about litigation fees. “Litigation lawyers […]

Ignore requests to mediate at your peril

In Halsey v Milton Keynes General NHS Trust [2004] EWCA Civ 567, the Court of Appeal held that the court should not compel parties to mediate; however, a refusal to engage in alternative dispute resolution (ADR) could amount to unreasonable conduct and expose a party to cost penalties. The court has taken this principal further […]

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Pannone puts more than 100 at risk of redundancy

Pannone has put more than 100 people on notice of redundancy since the firm agreed to press ahead with a tie-up with Australian-listed Slater & Gordon.  While Pannone refused to confirm the figures, insiders indicated that a consultation involving over 100 staff is underway with a completion deadline of the 31 January. Slater & Gordon […]

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