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Latest Briefings

Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

The limits of audit: public perceptions and legal realities

By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market

By Joel Benjamin, Muborak Kambarova New Law on Tourism On 18 July 2019, the President of Uzbekistan signed a new Law on Tourism. The previous law dates from 1999 and has 22 articles. The new Law contains 45 articles. According to the Law, the State Committee for Tourism Development is an authorized state body in […]

Serbian Banks Embracing Digital Technologies

By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]

The new Law on Personal Data Protection – Key Innovations and What you Need to Know

By Milica Filipovic, Sanja Spasenovic Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into force on 21 […]

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It's been a good week for…

Lawyers involved in the BSE public inquiry which is expected to cost u25m and has been delayed for a year. General Pinochet, who may be entitled to u1m in legal aid. Apparently the General has only a modest pension and relies on hand-outs from his supporters. Cloning. A heated medico-legal debate is likely to follow […]

Staking an insurance claim

It’s not an easy time for firms which depend on insurance work for a large part of their business. Changes in the market, mergers, takeovers and reforms of the legal system mean that many firms are losing clients. Three months after Eagle Star/Zurich closed its in-house legal department, the insurance giant is thought to be […]

Transatlantic power M&As energise firms

Freshfields and Hammond Suddards are powering up to advise on two transatlantic energy deals. Freshfields is advising PowerGen on the u1.3bn sale of two power stations and Hammond Suddards is handling a u3m US acquisition for East Yorkshire-based Europower. Freshfields finance partner Charles July is leading the team for the Powergen disposal, which will hand […]

In brief: Herbert Smith

Herbert Smith’s Brussels office celebrated its tenth anniversary in the city last week with an evening of music and song. The event, held at the Theatre du Residence Palace, was presented by Sir John Mortimer QC and attended by partners and clients of the firm.

MP's Bill proposals put QCs in firing line

In his continuing crusade against silks, Labour MP Andrew Dismore has tabled a series of amendments to the Access to Justice Bill to abolish or overhaul the QC system. Dismore, a solicitor and MP for Hendon, proposes amendments that will lead to the wholesale scrapping of QCs and the abolition of traditional court dress. Dismore […]

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