Top of the PEPs

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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

Hammonds lays down gauntlet to ex-partners

After several months of threats, Hammonds finally filed its claim against a bunch of former partners who have failed to repay a share of the firm’s profit previously distributed to them. See story. Hammonds has been rattling its sabre for some time, but the former partners will not back down. They’re ready to fight their […]

Seeing the lite

Banks might be reluctant to get involved with covenant-lite deals, but strong demand from private equity funds is set to change this. By Chris Howard and Christopher Davis There have now been several covenant-lite senior financing deals in the European market. The first of these, World Directories, has been oversubscribed in syndication, confirming that while […]

Stephenson Harwood PEP hits record levels

Stephenson Harwood PEP hits record levels” />Stephenson Harwood has reported record figures for the second year running with a 30 per cent increase in average profit per equity partner (PEP). Last year PEP increased by 45 per cent up to £407,000 from £208,000 the year before. This year PEP has seen significant growth again, reaching […]

A&O, CC advise on first Kuwaiti sukuk

Clifford Chance and Allen & Overy (A&O) have both landed roles on the first Kuwaiti convertible sukuk. Clifford Chance advised lead arranger Barclays Bank while A&O was instructed by the issuer International Investment Group (IIG) on the $200m (£101.61m) first sharia-compliant convertible bond in Kuwait. Clifford Chance partner Simon Sinclair, who led on the deal, […]

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Gomez-Acebo divorces Portuguese ally

Gomez-Acebo & Pombo has split from its Portuguese ally Vieira de Almeida & Associados, following a review of its international strategy. The Spanish firm could decide to launch its own office in Portugal after the split. Gomez-Acebo’s new international strategy has already seen the firm announce the opening of a London office in September. Vieira […]

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