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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

Recommended

Irwin Mitchell warns funding code may breach human rights convention …

Irwin Mitchell, the UK’s largest legal aid practice, has written to minister of state Geoff Hoon, warning that the draft funding code may breach the human rights convention and create an unworkable new bureaucracy. Partner Andrew Lockley says: “Government cuts on legal aid will be even worse than has hitherto been realised and are just […]

New competition rules clear the way

Michael Grenfell, partner, Norton Rose Simon Holmes, partner, SJ Berwin & Co John Boyce, partner, Slaughter and May In an attempt to clear a severe backlog of competition work building up outside the European Commission’s (EC) doors, a white paper was recently released proposing changes to how the EC handles restrictive trade cases under Article […]

Financings

Morgan Cole advised PixelFusion Group in raising u10m for completion of the development of the company’s first semiconductor chip. u7.5m was raised by a subscription offer of 1.25 million ordinary shares of 5p each

Partners on the move…

Music lawyer Petra Williams joined Bird & Bird’s media and entertainment group last week. She was formerly a partner with Sheridans. Media litigator Paul Fox, formerly of David Price & Co, joined the partners at Henry Hepworth on 4 May. Fox is an expert in defamation and will join the firm’s media specialists. City firm […]

Securitisation

The international securities group at Norton Rose advised Stena Line in its recent reorganisation of its asset-backed commercial paper securitisation programme. This programme will expand the existing Sterling-based programme to encompass passenger and freight receivables in euro, sterling, Swedish krona, Danish krone and Norwegian krone. Lead securitisation partner at Norton Rose Jonathan Walsh led the […]

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