Simmons extends life of split capital investments

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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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Waterstones-Ottakar’s referred to Competition Commission

The Office of Fair Trading (OFT) has referred the anticipated merger of bookstore chains Waterstones and Ottakar’s to the Competition Commission. HMV Group, which owns rival bookstore chain Waterstones, made a formal £96.4m takeover bid for Ottakar’s in September. The bid distressed the Publishers Association (PA), which instructed Clifford Chance to call for the merger […]

Careers: People

Exeter firm Stones has promoted James Eveling to the partnership. Eveling joined the corporate commercial team in 2004. He previously worked for Australian firm Nova Legal and Advisory. Anderson Strathern has hired Susan MacLeod as head of family law. She joins from Balfour & Mason and will work with the dispute resolution and private client […]

Grapevine

Calling all PRs. If you want to learn the art of bitching about departing partners, then Denton Wilde Sapte (DWS) is offering masterclasses.

Equitable settles; A&O, Simmons get costs

Equitable Life has settled its outstanding litigation against nine former directors, with Allen & Overy (A&O) and Simmons & Simmons recovering costs from the insurance firm, The Lawyer can reveal. The agreement was reached this morning and brings to an end an extraordinary saga of litigation lasting four years. A&O and Simmons were both acting […]

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