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CC

Clifford Chance confirms role in Africa deal with anti-corruption pledge

Clifford Chance has pledged to engage other elite law firms in a bid to counter corruption, after the firm came under pressure for acting on a deal involving the son of Equatorial Guinea’s long-serving president. The firm confirmed it played a role in the sale of a private jet to Teodoro Obiang in 2006, with the magic […]

gas

Centrica names new GC as longstanding chief retires

Centrica’s deputy general counsel Justine Campbell has been named as the company’s new legal head following the retirement of its longstanding chief Grant Dawson. Campbell joined Centrica in 2013 as general counsel of its British Gas business, before rising through the ranks to the role of Centrica’s general counsel for UK and Ireland and then […]

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, […]

Conyers Dill & Pearman advises LVMH in the acquisition of Belmond Hotel Group

Conyers advised LVMH Moët Hennessy Louis Vuitton (“LVMH”), which owns iconic brands like Louis Vuitton, Christian Dior and Dom Pérignon, on its acquisition of the Belmond hotel group. LVMH acquired Belmond for US$25.00 per Class A share in cash. This represents an equity value of US$2.6 billion in a transaction with an enterprise value of […]

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 […]

Oil and Gas Law Review: Sixth edition

By Olivier Bustin, Luiza Savchenko The Democratic Republic of the Congo (DRC) is the most populous French-speaking country in Africa and a very attractive prospect for investors owing to the richness of its natural resources, such as cobalt, copper, cassiterite, gold, manganese, diamond and petroleum In numerous official and unofficial speeches, it has been emphasised […]

Newsflash: Freehold Properties Bill

By Karl Anders, Louise Power House builders face the difficult task of building more homes whilst also maintaining positive relationships with customers and communities in the face of mistrust engendered by a developer-unfriendly media. This is against the backdrop of trying to run a successful, profitable business for the benefit of shareholders and employees in a constantly […]

FCA findings on long-term mortgage arrears

By Louise Power, Rob Aberdein The Financial Conduct Authority (FCA) has published its findings following its thematic review (TR18/5) into how lenders treat customers with long-term arrears (including the provision of forbearance measures). Walker Morris’ Banking & Finance Litigation partners Louise Power and Rob Aberdein explain the FCA’s findings and offer some practical advice.

Taking possession without an order: A recipe for an unfair relationship

By Christina Gill Lenders that have been granted security over a debtor’s property typically have two options when seeking to take possession: they can apply to the courts for a possession order; or they can exercise their common law right and take possession without a court order. Until recently, it seemed reasonable that a lender who […]

Supreme Court approves indirect electronic service of statutory notice

By Matthew Forrest Service of a statutory notice may be effective where the recipient receives the notice in electronic format through an unauthorised third party. That was the Supreme Court’s decision today in UKI (Kingsway) Limited v Westminster City Council. Service will be valid where the party serving the notice caused it actually to be received by […]

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