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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 […]

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Investors sue World Online float advisers

Advisers to the initial public offering (IPO) market are embroiled in a landmark row over who is to blame when the hype fails to deliver. Investors are suing Dutch internet company World Online because they believe the float prospectus was misleading, causing them to invest in a company that dramatically failed to live up to […]

Osborne Clarke's German firm set for merger with Bapperts

Graf von Westphalen Fritze & Modest, the German ally of Osborne Clarke OWA, is in the final stages of merger talks with Bappert Witz & Selbherr in Freiburg. A vote will be taken in November, but both firms are confident the merger will go ahead to create a 64-partner firm. Graf von Westphalen, which has […]

Investors urge M&A lawyers to get active

Institutional investors are forcing lawyers to take a more proactive approach in providing business advice on the future of their clients’ companies. According to Colin Roy, managing director and co-head of investment banking in Germany at Merrill Lynch Capital Markets, institutional investors have become increasingly vocal during the decision-making process in takeover situations. Speaking at […]

A VIEW FROM NEW YORK

What is the single most challenging issue facing large law firms in New York today? There are several contenders for this award. Some would nominate globalisation and potential law firm mergers. Others would say the increasing competition among lawyers resulting from financial institution and other client consolidations. Others would identify penetration into the start-up and […]

It's been a big week for…

Granada Compass. The hospitality group is conducting a strategic review which may result in it selling off its hotel portfolio. The move comes following shareholder pressure since the May merger of Granada’s hotel and restaurant arm with catering group Compass. The sale is likely to include the 120-strong luxury chain Le Meridian and the UK […]

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