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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

Recommended

Medium-sized firms plan bonus schemes

Cameron McKenna is understood to be one of a number of medium-sized firms considering introducing a bonus payment scheme for associates to stem losses to US firms and investment banks. A number of firms are looking at introducing bonus schemes but the payment issue is so sensitive they are remaining tight-lipped. Some are operating bonus […]

Plowden Buildings sets up in Tyneside

The 50-tenant, London-based common law set Plowden Buildings is expanding its regional coverage by establishing a Newcastle base and taking on five new barristers. The new annexe, which will house the new tenants and offer conferencing facilities, is intended to enhance Plowden Buildings’ reputation on the north eastern circuit. Head of chambers William Lowe QC […]

US bar set to drop multidisciplinary partnership ban

The American Bar Association’s (ABA) commission on multidisciplinary partnerships (MDPs) will this week recommend a rule change to allow their acceptance, according to one of its members. The ABA’s rules – like those of the Law Society – do not allow lawyers to combine with other professions, such as accountants and surveyors, in one firm. […]

Firms told of 'cottage industry' in laundering

A leading New York prosecutor has told a London conference that international money laundering is being run through “a cottage industry” of lawyers, bankers and accountants. John Moscow, New York assistant district attorney and lead prosecutor in the BCCI case, told the gathering in his keynote speech: “There are some very well paid and brilliant […]

Flotations & Financing

Norton Rose’s collective investment scheme partners, Tim Marsden and Andrew Mitchell, and Warburg Dillon Read advised the £950m Mercury European Privatisation Trust (MEPT) on defending its position from short-term investor groups and others. The requisitionists were advised by investment funds partner Nigel Farr of Herbert Smith.

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