Watson Burton picks up Pinsent Masons chief

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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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Competition body allots record fines

French competition lawyers are reeling after their clients were hit twice last week by the competition watchdog for record amounts. The nation’s three dominant mobile telephone operators – Bouygues Telecom, Orange France and SFR – were fined a record €534m (£307.6m) for collusion. French firm Bredin Prat represented Orange France, Clifford Chance acted for SFR and […]

Deals round-up

Berwin Leighton Paisner (BLP) has advised new client JO Hambro Investment Management (Johim) on the launch of two new investment funds.

OFT slammed for delay of grocery investigation

The Office of Fair Trading (OFT) has come under heavy criticism following its announcement that it would take at least another six months to review its decision regarding the dominance of supermarket chains in the grocery sector. The total length of the OFT investigation has raised the ire of the Association of Convenience Stores (ACS) as well as […]

Top international deals

Simpson Thacher & Bartlett (Micheal Wolfson) and Danish firm Bech-Brunn (Soren Meisling, Philip Risbjorn) are advising the Apax-led consortium that won the TDC auction. Danish telecoms operator TDC accepted a €10.2bn (£6.9bn) bid on 29 November from Nordic Telephone Company (NTC), the bidding vehicle established by a consortium comprising Apax, Blackstone, Kohlberg Kravis & Roberts, Permira and Providence.

Blake triumphs in SJ Berwin senior partner race

SJ Berwin has confirmed the appointment of head of private equity Jonathan Blake as the firm’s new senior partner. The firm’s partnership appointed Blake as successor to outgoing senior partner David Harrel as part of a discrete ballot for a joint-ticket proposal. As part of the join proposal Ralph Cohen will continue as managing partner, […]

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