Tricks of the trade

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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

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A&O scores £4.2bn Southern Water victory

An Allen & Overy (A&O)-advised consortium has emerged victorious in the £4.2bn auction for Southern Water. Veteran corporate partner Alan Paul led the team for A&O after financial advisers Maquarie recommended the firm. Paul steered Macquarie to victory in the £8bn auction for Thames Water last October. Corporate finance partner Susan Howard co-led the team […]

No cause for conflict

Reckless on conflicts? Freshfields? Certainly not. But goodness, the firm has some chutzpah. You would have thought that in the same year that former corporate head Barry O’Brien was hauled over the coals by a disciplinary tribunal for Freshfields’ conflict on the M&S bid, the firm would want to keep up appearances. But such sensitivities […]

Darling sets aside £11m a year to tackle fraud

The Government’s promise to inject £11m a year into the Law Officers’ Department to tackle fraud has been welcomed by attorney general Baroness Scotland. The injection of cash for the next three financial years was announced as part of Chancellor Alistair Darling’s pre-budget report and comprehensive spending review (CSR). The investment will establish a national […]

In a bind

Insurers are finally being dragged into line with the rest of the business world, with a consultation paper on contract law set to shake up the industry. Richard Evans and Tom Watkinson report On 17 July 2007 the Law Commission in England and Wales and the Scottish Law Commission released the first consultation paper of […]

Quadrant raids 4-5 Gray’s for banking trio

Quadrant Chambers has raided 4-5 Gray’s Inn Square for a trio of barristers as it ramps up its banking and financial services practice for the expected influx of work following the credit crunch. The set has recruited derivatives specialist Tom O’Riordan, who, before joining 4-5 Gray’s Inn, worked as external counsel for Cadwalader Wickersham & […]

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