The cost of hiring in Hong Kong

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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. […]

Recommended

Delaware decision opens door to enforcement of term sheets

The Supreme Court of Delaware recently held that covenants to negotiate in good faith are enforceable and can be used to compel negotiating parties to adhere to otherwise non-binding term sheets. Accordingly, parties wishing to negotiate non-binding term sheets, letters of intent and similar preliminary agreements should ensure that such agreements cannot be enforced by […]

Interpretation of Material Adverse Change clause in loan agreement

Material Adverse Change clauses are common in credit agreements, but are rarely interpreted by the courts. In Grupo Hotelero Urvasco SA v Carey Value Added SL (formerly Losan Hotels World Value Added I SL) & anr [2013] EWHC 1039 (Comm) Blair J considers what can be taken into account when considering a borrower’s ‘financial condition’, […]

Belfast

Herbies expands Belfast with flexible working initiative

Herbert Smith Freehills (HSF) has launched a part-time, flexible working team in its Belfast office as it further expands the team in Northern Ireland. A team of 12 graduates have been recruited to work on a flexible part-time basis as legal assistants, particularly during busy periods and when there is an urgent deadline to be […]

Milan

Bonelli partner quits firm to launch arbitration boutique

Bonelli Erede Pappalardo litigation partner Luca Radicati di Brozolo is leaving the firm with an associate to launch a litigation and arbitration boutique. Radicati di Brozolo joined Bonelli in 2001, having previously worked in the office of the legal adviser for the Bank of International Settlements in Basel and as a partner at Chiomenti Studio […]

Database right: where have we got to?

The Copyright and Rights in Databases Regulations 1997 came into force on 1 January 1998, implementing the EU Database Directive. Since the regulations came into force, the courts have been asked on several occasions to clarify the scope of the new database right. This article considers those landmark decisions. Database right subsists in a database […]

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