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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Lovells steps in to Second Life for pro bono fiesta

Lovells has embraced the power of technology to celebrate Pro Bono Week in cyberspace. From Monday (12 November) and running for a week Lovells will set up a stall in Second Life’s virtual world to mark a decade’s worth of pro bono work at Lovells. The exhibition showcases current and former pro bono clients including […]

Cash in hand

German legislation is being changed in recognition of the importance of cash pooling. Karl Maria Walter and Andreas Lindner explain Cash-management systems and financing models that include central liquidity equalisation (cash pooling) are essential tools of modern cash management for multinational businesses. However, while those multinational cash pool arrangements are generally accepted in most jurisdictions, […]

Financial Services: Trading flaw

It’s time for the FSA to toughen its stance on insider dealing, say Richard Lissack and Farhaz Khan The perception held by some in the 1970s that insider dealing was nothing more than ‘being something in the City’ appears astonishing in today’s terms. Indeed, even in the 1970s when insider dealing was not yet a […]

Shearman & Sterling

With the launch of its organic growth strategy, Shearman & Sterling‘s London office hopes to offer improved career prospects to associates and trainees. Promotions to partnership within the office have averaged just one a year over the past three years. However, London managing partner Kenneth MacRitchie recently promised to shift focus to organic growth rather […]

SJ berwin scores Nordic fund double

SJ Berwin has established Scandinavian funds for Industri Kapital and Segulah, with values of £1.16bn and £375m respectively. Industri Kapital’s previous fund was set up by Clifford Chance in 2002. SJ Berwin funds partner Nigel van Zyl said the firm was instructed on account of its “profile and position” in the funds market and was […]

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