SPG switches to Prime Professions for insurance broker duties

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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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CMS scoops leading role on Enterprise’s sale of 769 pubs

Addleshaw Goddard and CMS Cameron McKenna have both scooped roles advising on Admiral Taverns’ purchase of 769 pubs from Enterprise Inns for £318m. Addleshaws advised Admiral Taverns on the deal, with property partner Andrew Shufflebotham leading the team. Camerons put a three partner team on the transaction, advising Enterprise Inns. Corporate partner Sean Watson headed […]

Kraft creates top patent roles to grow IP capability

US food company Kraft Foods is looking to beef up its internal IP legal capacity, creating two new top roles for patent lawyers. Kraft is searching for a senior patent counsel in Europe, as well as a patent lawyer to take charge of patents in the US. Jackie Leimer, vice-president and associate general counsel, is […]

Merrill Lynch makes use of Ashurst’s CDO nous

Ashurst has advised Merrill Lynch on a collateralised debt obligation (CDO) involving small and medium-sized enterprises (SMEs) issuing bonds as security for notes. The PULS CDO 2006-1 PLC was issued in five tranches of fixed and floating-rate notes and had a total value of £260m. It was the first deal for portfolio manager Capital Securities […]

Provalis in-house lawyer axed following liquidation

Provalis’s sole in-house lawyer has been made redundant following the struggling company’s decision to put itself into liquidation. Legal director Lee Greenbury will be leaving the pharmaceutical and medical diagnostics business at the end of the September after eight years. Greenbury joined Provalis in July 1998 following a spell at high street chemist Boots. He will stay […]

Property

The property market is still booming and real estate practices across the City are revelling in the conditions. Record deals and through-the-roof rents continue to keep the market rocketing along, and even a rise in interest rates shows little sign of slowing down the market. One area of increasing importance in the sector is the […]

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