Wilde Sapte's exit rules attract French scrutiny

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Legal institute rejects funding warning

The Institute of Advanced Legal Studies is pushing ahead with expansion plans despite warnings from a review committee that it risks “gradual decline” unless it can source substantial new funding. The London-based institute – partly funded by City law firms – has been told to find new sources of income. The committee’s report says rapid […]

…as BP-Amoco loses solicitor after merger

A leading in-house energy lawyer has quit BP-Amoco following the multinational merger. Anna Soroko, who is taking up a new senior post at Eastern Electricity, predicts more lawyers will follow suit. She was asked to relocate from her London office to Aberdeen following last year’s u67.5bn merger of BP and Amoco – the world’s biggest. […]

In brief: White & Case

White & Case has advised on the US$1.1bn acquisition of Bank Pekao by a consortium of foreign investors. Witold Danilowicz, head of White & Case’s Warsaw office, says it is the largest foreign investment in Poland.

Property

Richard Pearlman & Co advised Citymain Investments, a company partly owned by Prestbury Group, in its acquisition of 188-213 Old Street, London, EC1. Richard Pearlman and Adam Draper advised on the deal, which is worth u23.2m, while Nabarro Nathanson acted for the vendor, Courtana Investments. Berwin Leighton acted for the purchaser’s funding source, KBC Bank […]

Zurich Commercial slashes legal panel from 100 to 1

Zurich Commercial has finally revealed its streamlined panel after cutting its legal advisers from 100 to just 16 firms. The 16 that have been retained by Zurich Commercial, which is a combination of merged insurers Eagle Star and Zurich, will be split into three groups. Those firms on the Zurich Commercial panel only are Davies […]

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