Sullivan & Cromwell opens Frankfurt 'finance' office

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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

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Absolute power

John Cooper feels that the judge’s power to recommend a sentence should be prescribed by legislation When a defendant is convicted of murder, he faces a mandatory life sentence. The trial judge can then recommend to the Home Secretary, through a pronouncement in open court, the minimum term of years that he, the trial judge […]

Turning principle into practice

Roger Pearson reports on a ruling over classification societies which could impact shipping law A recent House of Lords decision on classification societies and their legal liability has pushed the subject to the top of agenda in shipping and commercial circles. The ruling came on a preliminary issue over classification society liability which had never […]

Leeds firm revamps litigation software

Helen Sage reports Five-partner Leeds firm, Nelson & Co is developing the debt recovery work in its commercial litigation department with help from specialist legal software created by Linetime. The software, Debtime, is a County and High Court debt recovery package which helps the firm provide a more efficient service. Head of Nelsons’ commercial litigation […]

In brief: Herbert Smith switches PR agent

Herbert Smith has appointed Ludgate Communications as the firms’ PR agent. The appointment was made by Liz McDougall, an experienced lawyer who became the firm’s head of business development some months ago. Ludgate replaces Tavistock Communications, which was introduced to the firm by Herbert Smith’s short-lived former marketing chief Roger Bruce, who departed last year. […]

Lloyd's trials halted

The Commercial Court has adjourned the start date of trials for two Lloyd’s Names action groups until next year. The two actions, involving more than 2,000 Names seeking damages of more than “several hundred million pounds” were due to start soon. The Wellington action, involving 1,250 Names seeking “tens of millions” in damages from members […]

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