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Latest Briefings

PLMJ – Moazambique: Regulations on advertising of financial products and services

By Télio Murrure and Nacita Chirindza The Central Bank has approved the Regulations on Advertising of Financial Products and Services (Regulamento sobre a Publicidade de Produtos e Serviços Financeiros – “RPPSF”), which is an integral part of Notice no. 3/GBM/2018 of 18 April. This is the first instrument addressing this matter in the Mozambican legal system. […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

New opportunity for permanent residency in Alberta

By Krista Schofer The Alberta Immigrant Nominee Program (AINP) recently announced highly anticipated changes to its permanent residency program. Effective June 14, 2018, the Alberta Opportunity Stream (AOS) is available as a potential path to permanent residency in the province. The AOS replaces the Employer-Driven Stream and Strategic Recruitment Stream under the AINP. The AOS […]

Global skills strategy update GTS occupations list

By Lesley A Love The Global Skills Strategy is a pilot project launched by IRCC in June 2017. The program is designed to give Canadian employers quicker access to highly qualified global talent. Changes were recently announced to one part of the GSS, as outlined below. Employers using the program should be aware of these changes…

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Cost cuts see Biddle’s partner profits double

Biddle’s profits per partner have soared by 50 per cent after cutting costs and tackling slack habits in recording billable hours. Average profits per partner have risen to £270,000 with top of equity receiving £350,000 – £100,000 more than last year. Bottom of equity has seen an increase from £35,000 to £160,000. Gross fees have […]

Case of the week

Pamela White, who worked as an equal partner for 33 years helping her husband to build up his farming business, is claiming a half-share in the £4.5m venture. The House of Lords heard the case last week, which is considered the most important divorce cases for years. White was originally awarded a lump sum of […]

It’s been a good week for

Liz Abbott, a blind teacher who received £60,000 in damages after an employment tribunal ruled that her school broke the law by failing to provide a classroom assistant to help her. The tribunal hearing in Stratford, east London, found that St Mary’s Roman Catholic primary school in Chingford had breached the Disability Discrimination Act and […]

AIG general counsel joins Lloyd’s in NY

Lloyd’s of London is recruiting a new general counsel for US regulatory affairs in New York. Joseph Gunset is joining from insurance giant AIG where he was vice-president and general counsel for the warranty products division. At Lloyd’s he will be responsible for the management of US licensing and trade regulations. He will be the […]

Norton Rose hires telecoms partners

Norton Rose is boosting its technology capabilities with two lateral hires from the telecoms and IT sectors. The new partners are US-qualified Mark Naftel, who was assistant general counsel at Danish telecommunications company Tele Danmark, and former Slaughter and May IT specialist Michael Rebeiro. Their appointments bring the number of new partners appointed to the […]

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