Portners launches property litigation

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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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PwC survey finds firms’ credit management lacking

Law firms need to make credit management a core part of their client service, a partner from Pricewater-houseCoopers (PwC) claimed following the publication of its annual research into law firm finances. The survey, ‘Financial Management in Law Firms’, found that fee collection among UK firms had worsened compared with last year. The top 25 firms […]

Ciba hires legal chief from Eastman Kodak

Ciba Specialty Chemicals has recruited the European general counsel of Eastman Kodak to head its legal function in its Basle head office in Switzerland. Thomas Koch joins Ciba as its new head of law and environment and as secretary to the board. He replaces Hans-Ulrich Müller, who is retiring. Müller joined Ciba in 1990. Ciba […]

Covington finds new energy in Washington

Covington & Burling is poised to add energy attorney William Massey as a partner to its Washington office. His practice will be focused on energy-related regulatory and legislative matters. Massey has been resident Commissioner on the Federal Energy Regulatory Commission for the past 10 years, and in the late 1990’s served as lead Commissioner on […]

Grapevine

It’s heartwarming to think that £400-an-hour corporate finance lawyers haven’t spent a slow 18 months playing with their executive toys. Simmons & Simmons’ corporate department used the downturn to help out pioneering broker Collins Stewart on its now famous accelerated initial public offering (IPO) procedure. (For those of you who rush straight through the business […]

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