Latest Briefings

Voluntary transfer of receivables according to Turkish code of obligations corporate law

The Turkish Code of Obligations no. 6098 regulates the transfer of receivables on Article No: 183 ff. TCO regulates transfer of the receivables in the related articles under three main titles as voluntary, legal and judicial transfer, and in practice, the most common transfer is observed as the voluntary transfer of receivables.

New legislative regime for virtual asset service providers

The Virtual Asset (Service Providers) Law, 2020 was gazetted on 25 May 2020 and will come into force upon issue of a commencement order in due course. The Law represents Cayman’s first legal framework for the registration, licensing and supervision of virtual asset service providers conducting business in the Cayman Islands.

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

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TLT edges closes to £100m turnover milestone

TLT saw its revenue spike up by 13 per cent to £98.8m, in a financial year that so far has seen muted growth across the board. The previous year’s growth pales in comparison to 2019/20. Then, it saw revenue rise by 7 per cent from £82m to £87.6m. In that financial year, former leader David […]

Berlin

Bird & Bird closes Berlin workspace after just one year

Bird & Bird is closing a workspace in Berlin after only one year as a result of the pandemic. The firm had inaugurated a new space for lawyers to work on mandates and meet clients that had been opened in July 2019. The spot was located in coworking hub MindSpace, on Friedrichstraße 68. Boasting two […]

Margaret Robertson Withers

Withers’ PEP soars after years of international expansion

Withers’ average profit per equity partner has soared by nearly 40 per cent, with the firm attributing the rise to the last few years of international expansion finally bearing fruit. Its PEP figure has risen from £359,000 to £501,000, after falling nearly 11 per cent over 2018/19. The drop meant it has taken the firm […]

Hogan Lovells to trial 15 per cent capacity in office pilot

Hogan Lovells is starting to allow between 10 and 15 per cent of its UK staff back into its premises, as part of a trial that will include rotations. The firm has opened premises in London and Birmingham. The pilot runs on a voluntary basis and following a rota system; the numbers of people allowed […]

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