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Latest Briefings

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

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, […]

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 […]

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Dealmaker

Clifford Chance securitisation partner Andrew Forryan is leading a 25-lawyer team on the $2bn Eurobond offering by Formula One – one of the largest securitisations this year. The team is advising investment bank Morgan Stanley Dean Witter, the sole lead manager for the issue. The deal straddles eight jurisdictions, involving Clifford Chance lawyers in London, […]

Legal aid lesson must be learned from Mansell case

In 1993, Penny Mansell, a desperate young Milford Haven mother on income support, approached Nicola Castle, a partner at Altrincham’s Alexander Harris, for legal help. Mansell was looking for financial compensation to help her look after her young son – struck down with cerebral palsy after being starved of oxygen at birth. With Castle’s assistance, […]

Herbert Smith follows A&O into Bangkok as crisis fades

Herbert Smith has become the second City firm in a week – along with Allen & Overy – to announce plans for a Bangkok office. Herbert Smith’s London-based spokeswoman said the firm hoped to have the office up and running in November. But she would not say how many lawyers would be sent to Thailand. […]

Legal aid Bar losing ground

The financial gulf between legal aid and commercial barristers dramatically widened in 1997-98, according to a survey of London chambers released last week by accountants BDO Stoy Hayward. Despite overall growth of 7 per cent across the Bar as a whole, the survey shows total receipts for crime and family practitioners fell by around 5 […]

4

How to write the perfect CV

Rebecca Towers says academic underachievement is not necessarily a bar to a legal career, but poor spelling could be. Winning a training contract is always going to be difficult with places so sought after. Last year, Lovell White Durrant received more than 2,000 applications for just 70 trainee positions. The story is much same for […]

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