The MDP response

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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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Walkers goes global with London office

Leading Cayman Islands firm Walkers is opening a London office to focus on structured finance and capital markets work. The firm, which is one of the top law firms for offshore work, is sending in two former Clifford Chance lawyers to launch its City practice. Partners Susan Harper and David Whittome will fly in to […]

METHODOLOGY

The research used information provided by online legal information provider Lawtel. The statistics that relate to civil litigation only were obtained for all of The Lawyer’s top 100 law firms, but only those with five or more appearances are shown in the chart. An appearance is recorded for a judgment handed down between October 1999 […]

The Law Society response

Consumer choice and providing access to good-quality legal advice is essential, and the Law Society welcomes any moves by the OFT that will help us achieve this while at the same time maintaining consumer protection. The Law Society has for some time been looking at ways to widen the opportunities for solicitors to work in […]

Opinion

On 28 February, the Law Society debated reforms for self-modernisation, including a five-year strategic plan to promote solicitors as belonging to an independent and effectively regulated profession. The absurdity of the Law Society, in the face of a changing world, continuing to regulate only solicitors and not lawyers generally, is demonstrated in two recent cases, […]

Revealed: the contents of the new City LPC

The three law schools chosen by the top eight UK firms to run the new City Legal Practice Course (LPC) have exclusively revealed to The Lawyer details of the new curriculum. Around 600 places on the City LPC out of a total of 1,360 are allocated to students who do not have training contracts with […]

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