Trial date set for Mayer Brown’s P&O Ferries dispute

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Time waits for no financial services institution

By Guy Wilkes Financial service firms cannot wait for the outcome of the leave negotiations before putting their restructuring plans into effect After the initial excitement and panic following the referendum result lawyers were quick to reassure their clients that nothing had changed overnight. The Financial Conduct Authority (FCA) similarly sought to reassure people that […]

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Luxembourg financial sector launches online portal for Brexit notifications

By Rebecca Mace-Balebs On 2 August 2019, the Luxembourg Supervisory Authority of the Financial Sector (CSSF) published press release 19/41 in respect of the opening of its online portal, eDesk, for the purpose of mandatory notifications in the context of Brexit. In its previous press releases (19/33 and 19/34), the CSSF announced that: firms licensed […]

Serbia tops global greenfield FDI performance index

By Petar Mitrovic, Dragan Karanovic Serbia achieved the top spot at the Greenfield FDI Performance Index for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of […]

Drafting employment contracts

By Martin Chitty, Siobhan Bishop In this podcast we discuss drafting employment contracts, focusing on some of the tricky issues at the start and end of the employment relationship. We cover how to avoid the pitfalls with references, contract variation, termination and bad leavers clauses. Click below to read more.

Bermuda – Open for fintech business

By Chris Garrod Bermuda has a long history of being a leading jurisdiction, quick to meet the changing needs of business. From captive insurance to alternative investments, the island has welcomed innovation, with its government and the private sector successfully working together to foster thriving, but well-regulated, new markets. Blockchain and digital assets are no […]

Bermuda – Law and Practice

By Julie E. Mclean, Angela F. Atherden 1.0 Aircraft and Engine Purchase and Sale 1.1 Sales Agreements Taxes/Duties Payable Upon Execution of the Sales Agreement No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and […]

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No-deal Brexit to cost UK legal sector £3.5 billion

The cost of a no-deal Brexit on the UK’s legal sector would be £3.5bn, The Law Society had calculated. The figure is released as part of the Society’s UK-EU future partnership and legal services report.  “According to our estimates, the volume of work in legal services would be down £3.5bn – nearly 10 per cent […]

Goodwin builds on tech surge with new Orrick hire

Two months since it lured four partners from Taylor Wessing’s life sciences and technology team, Goodwin’s London office has secured another hire to the group from Orrick Herrington & Sutcliffe. Ali Ramadan, who will join the US firm’s office today, has advises on venture capital, cross-border M&A and private equity transactions for technology businesses. His clients […]

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