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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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In brief: McDermott Will & Emery

McDermott Will & Emery, the US firm, is acting for two Kosovan Albanians who are suing Slobodan Milosevic and other members of the Yugoslav government and military for genocide and war crimes. The action is taking place in the US. Professor Abram Chayes leads the McDermotts team, which also includes John Reynolds from the firm’s […]

Land case to cut public access

Judgment is pending in the House of Lords in a case which could have major impact on public access to privately-owned but open areas of land. The battle is over a plot of land at the Oxfordshire village of Sunningwell which was donated to the Church of England many years ago. Planning consent has been […]

Weil Gotshal plans major presence across Europe

US firm Weil Gotshal & Manges is expanding into Europe. The firm is talking to possible merger partners and lateral hires in Germany and France, and is also considering opening in Italy and Spain. Managing partner Maurice Allen says the firm wants to do something “big and brave” in Europe. He says discussions should be […]

SJ Berwin plunders leading Spanish firm for new office

SJ Berwin has raided a Spanish law firm to establish its own Madrid office and strengthen its Brussels team. The City firm has taken on two teams from B Cremades y Asociados in Madrid, one of Spain’s largest law firms. In Madrid, senior corporate partner Carlos Pazos will bring two assistants with him to set […]

…and makes 18 new partner promotions

Eversheds has made up 18 partners, bringing its total to 342, in the latest round of internal partner appointments. Six of the new partners are women, which brings the total number of female partners at the firm to 60. The greatest growth has taken place in the property and litigation departments, according to the firm. […]

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