Sidleys and Brown & Wood set for merger

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Latest Briefings

Spanish soccer league app accused of spying to crack down on football piracy

By Alex Towers and Leo Moore The Spanish Data Protection watchdog (AEPD) has begun a preliminary probe into the official app for Spanish football league, La Liga, which allows them access to the microphones and GPS of users’ smartphones with the aim of potentially identifying showings of football games in the vicinity of the user […]

EU workers: ‘simple’ process to stay in UK post-Brexit

By Helen Burgess With 3.8 million EU citizens in the UK, according to ONS figures, employers have rightly been concerned about maintaining a stable workforce in the lead up to and post-Brexit. Good news is however afoot. Home Secretary Sajid Javid has announced that EU citizens will have to answer three ‘simple’ questions online (or […]

PLMJ – Moazambique: Regulations on advertising of financial products and services

By Télio Murrure and Nacita Chirindza The Central Bank has approved the Regulations on Advertising of Financial Products and Services (Regulamento sobre a Publicidade de Produtos e Serviços Financeiros – “RPPSF”), which is an integral part of Notice no. 3/GBM/2018 of 18 April. This is the first instrument addressing this matter in the Mozambican legal system. […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

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EXECUTIVE SUMMARY

The review group has made 16 specific recommendations across five broad areas which are, in summary, as follows: Development of the rescue culture and collective insolvency procedures Floating charge holders should lose the power to veto administration orders. The insolvency profession should consider changing its practice so as to retain existing management (in appropriate circumstances) […]

Staying alive

Stephen Foster is a banking partner at CMS Cameron McKenna. The consultation period for the joint DTI/HM Treasury Review Group on Company Rescue and Business Reconstruction Mechanisms, which wishes to lend greater support to a culture of enterprise and thus improve the legal and commercial infrastructure in the UK, ended earlier this month. The Government […]

Stop taking the…

Tulkinghorn would like to offer his sincerest apologies to James Johnson, Clifford Chance’s esteemed banking partner, for a heinous mistake in last week’s The Lawyer. It was written that James, or Jimmy Riddle as he is now known, called our reporter while in a “comfort chamber” on the Eurostar. Johnson would like Tulkinghorn to point […]

LeBoeuf scoops Georgian telecoms privatisation work

Leboeuf Lamb Greene & MacRae has won a series of roles in the wave of privatisation sweeping the former Soviet Union. The firm is advising Commerzbank, which is leading the consortium acting for the Georgian government on the privatisation of Telecom Georgia (TG) and Georgian Local Lines Company (GLLC). The consortium includes the Bank of […]

A new realm

The change in market attitudes towards new economy companies has caused, or at least accelerated, a number of high-profile casualties. The old attitude allowed many companies to get off the ground even though they did not satisfy the traditional tests of long-term viability. But the combination of this and the now cautious market are a […]

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