The cost of hiring in Hong Kong

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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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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