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Shipping: Worth the risk? USD 100 million case struck out for deliberate failure to give disclosure

Suez Fortune Investments Ltd and another v Talbot Underwriting Ltd [2016] EWHC 1085 (Comm) Introduction On the 15 January 2015, the English Commercial Court handed down a decision that highlights the importance of compliance with disclosure obligati...




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Brexit: what might it mean for the aviation sector?

In our pre-referendum briefin...




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Rail Technology: The Transport Select Committee makes recommendations for the delivery of the Digital Railway programme

What is the Digital Railway programme? The Digital Railway programme is a Network Rail led initiative to modernise train command, control and signalling systems used on the British railway network with the aim of substantially improving the capabili...




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Alstom Transport UK Limited v London Underground Limited: Automatic suspension lifted

On 27 June 2017, the court ordered the lifting of the automatic suspension in the case of Alstom Transport UK Limited v London Underground Limited [2017] EWHC 1521 (TCC). The resulting judgment includes some interesting comments on the correct test ...




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Tunisia: The Prime Minister launches strategic pipeline of over 30 new large-scale PPP projects at International Investor Forum

Following close consultation with IFI's including the IFC, World Bank and EBRD, Tunisia has launched a review process to aid with the structuring and implementation of new PPP projects. Eversheds Sutherland was privileged to have been spec...




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Regulation of Network Rail - ORR publishes its final determination for CP6

Background The Office of Rail and Road (the “ORR”) has issued its final determination (“Final Determination”) on the regulatory review of Network Rail (“NR”), known as the 2018 Periodic Review (“PR18”)...




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Irish Data Protection Commissioner (DPC) issues guidance on CCTV for controllers

The DPC has published useful guidance on CCTV usage for controllers. The guidance is intended to assist owners and occupiers of premises to understand their responsibilities and obligations regarding data protection when using CCTV. This is particul...




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Bank Negara Malaysia - Policy Guidance on ‘Risk Management in Technology’ (‘RMiT’)

The Central Bank of Malaysia or Bank Negara Malaysia (‘BNM’) on 18 July 2019 issued another policy document which sets out its requirements to the nation’s Financial Institutions (‘FIs’) management of technology risk. W...




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New regulations permit the Central Bank of Ireland to limit the rights of data subjects under the GDPR

Precis: In this briefing, we look at the new regulations permitting the Central Bank of Ireland to limit the rights of individuals under the GDPR. On 30 October 2019 the Data Protection Act 2018 (section 60(6)) (Central Bank of Ireland) Regulations ...




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The General Court annuls the Commission’s 2016 decision on the Belgian excess profit tax rulings

The General Court of the European Union annulled on 14 February the European Commission’s decision of 11 January 2016 (Decision (EU) 2016/1699), in which it had found that Belgium’s excess profit exemption scheme was incompatible with EU...




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Case comment: Amey Highways Limited v West Sussex County Council

The recent High Court decision in Amey Highways Limited v West Sussex County Council has clarified that abandoning a procurement will not automatically extinguish pre-existing causes of action.  Breaches of the procurement regulations which res...




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The Italian Competition Authority’s enforcement against so called “IBAN discrimination” practices

Introduction The Italian Competition Authority (“ICA”) has recently adopted a harsh approach imposing quite significant fines on those operators who accept direct debit payments only to the extent that their customers are holders of an ...




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The European Commission’s public consultation on the reform of the Generalised Scheme of Preferences (GSP) Regulation

On 11 March 2020 the European Commission (Commission) launched a public consultation on  possible reforms to the Generalised Scheme of Preference (GSP) Regulation (EU Regulation No. 978/2012 of 25 October 2012) (GSP Regulation). As the GSP Regu...




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MiFID II and MiFIR - Italian transposition

On 28 July 2017 the Legislative Decree transposing Directive 2014/65/EU on markets in financial instruments (MiFID II) and Regulation (EU) 600/2014 (MiFIR) in Italy (the “Decree”) has been finally approved.The Decree amends and integrate...




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Rescue Culture - MK Airlines Limited (In Liquidation) (the “Company”) - Administration expenses, misfeasance and priority

Key points: • In a judgment supportive of the rescue culture in English insolvency, the court has reaffirmed its flexible approach to the application of insolvency provisions and willingness to look at the practical effect of transactions in re...




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A lender’s right to request a valuation may be limited

Legal background Often, under a contract, one party will have a right to exercise discretion - the contract will give the party the right to take a decision that affects the rights of both parties. In real estate finance an obvious example of this i...




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A case study in receivership practice: Devon Commercial Property Limited v Robert Adrian Barnett, Robert John Blecher

Key Points • The self-dealing rule does not extend to a sale by a receiver to a party in which the mortgagee has an interest. • Although the duties of a receiver and a mortgagee are similar as to the Property, a receiver, unlike a mortgage...




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Coronavirus - German Federal Government plans legislative package to mitigate consequences of COVID-19 - Germany

Changes to the insolvency, civil and criminal procedural law The German Federal Government is currently planning various support measures for entrepreneurs, sole traders, other small, medium and large companies and credit institutions to mitigate t...




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Coronavirus - Economic Stabilisation Fund - Germany

State recapitalisation aid to companies in the Covid 19 crisis 1. Overview | within a very short time, the German legislator passed a law to establish an Economic Stabilization Fund (ESF) | the aim is to stabilize the companies in the real economy a...




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Coronavirus – Commission issues competition framework for co-ordination of essential scarce products - Europe

Executive summary On 8 April 2020, the European Commission issued a Temporary Framework Communication enabling it to: issue “comfort letters” in respect of specific temporary competitor co-ordination projects; and explain the criteria it...




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Afghanistan: The Ministry of Energy and Water (“Procuring Authority”) has launched a request for qualification (“RFQ”) for a 40 MW solar photovoltaic energy project in the Herat region ("Project")

Background The Procuring Authority has engaged the International Finance Corporation, acting through its Public Private Partnerships Transaction Advisory Services division, to act as lead transaction advisor in relation to the Project. The RFQ will ...




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UK: European Commission (Re) Approves GB Capacity Market

The European Commission (“EC”) has now completed its in-depth investigation of Britain’s capacity market scheme (“CM scheme”), which was introduced in 2014 following EU state aid approval to help safeguard security of e...




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Mining and Environmental newsletter, South Africa

Read our full newsletter in PDF Keep calm and breathe With 2019 coming to a rapid close, and because of the significant impacts that recent environmental trends and changes have on the Mining and Natural Resources Sector, we have decided to consolid...




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Private prosecutions following mine fatalities – Legal appointees beware

Carrying a statutory legal appointment in terms of the provisions of the Mine Health and Safety Act No. 29 of 1996 (“MHSA”) carries a certain level of prestige in the mining industry, however statutory legal appointees are not always awa...




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Does the mining industry have a future in Zimbabwe?

The announcement of the intention to repeal the Indigenisation and Economic Empowerment Act by the Zimbabwe government in March 2019 was driven by various factors, including investor, political and legal motivations. The Act, implemented by former Z...




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The impact of the Competition Amendment Act on the mining sector

On 12 July 2019, certain provisions of the Competition Amendment Act 18 of 2008 (“Amendment Act”) came into effect. This article deals with specific noteworthy amendments which impact the mining industry. New definitions and industry spe...




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Mining in Africa in 2020

South Africa has faced strident calls for the nationalisation of the Mining and Natural Resources sector, which, in my view, is the final step along the spectrum of resource nationalism. Recent events across Africa including in Tanzania, Zambia, and...




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Mining in Tanzania

Tanzania, like several African and other jurisdictions, is facing significant demands from its citizens to benefit more from Tanzania’s vast mineral resources, particularly gold and diamonds, with other minerals such as gemstones, nickel, copp...




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Harmonising corporate governance framework for South African mining companies: King IV, companies act and the mining charter

  The BEE Commission’s report 2018, between 2017 and 2018, had no significant change in the levels of transformation, with black ownership reflecting a decline to 25.2% from 27% and current management control still sitting at 38% for blac...




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Amendments to the UK Gas Transmission Charging Regime

Ofgem:Amendments to Gas Transmission Charging regime-minded to decision and draft impact assessment (published on 23 December 2019) The Office of Gas and Electricity Markets (Ofgem), the regulator for downstream natural gas markets, has published a ...




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The development of Open Solar Contracts: a sigificant milestone in the standardisation of contracts for international solar

Weare delighted to have partnered with the International Renewable Energy Agency and the Terrawatt Initiative in the development of the Open Solar Contracts which were launched recently at the World Future Energy Summit in Abu Dhabi. The publication...




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Artis Real Estate Investment Trust (ARESF) CEO Armin Martens on Q1 2020 Results - Earnings Call Transcript




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Marcus & Millichap, Inc. 2020 Q1 - Results - Earnings Call Presentation




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NMI Holdings, Inc. (NMIH) CEO Claudia Merkle on Q1 2020 Results - Earnings Call Transcript





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Fleeing from Enemies A




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Fleeing from Enemies B




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The Promise of Redemption, Part 1




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The Promise of Redemption, Part 2




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The Promise of Peace in a Worried World A




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The Promise of Peace in a Worried World B




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Thinking Biblically About the COVID-19 Pandemic: An Interview with John MacArthur A

Preempt




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Thinking Biblically About the COVID-19 Pandemic: An Interview with John MacArthur B

Preempt




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Does the Bible Permit a Woman to Preach? A

Special Broadcast




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Does the Bible Permit a Woman to Preach? B




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Does the Bible Permit a Woman to Preach? C




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Kuwait- Interior Minister Al-Saleh calls Iraqi counterpart

(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, May 9 (KUNA) -- Deputy Prime Minister, Minister of Interior and Minister of State for Cabinet Affairs Ana... ......




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Jordan capable of rebounding economically, says finance minister

(MENAFN - Jordan News Agency) Amman, May 9 (Petra) - The Minister of Finance, Dr. Mohammed Ississ, said the only way out to address the consequences o... ......




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Two women command AI Express flights on evacuation mission

(MENAFN - IANS) Chennai, May 9 (IANS) Two Air India Express flights commanded by women took off on Saturday, to evacuate stranded Indians from foreig... ......




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Saudi- Interior Ministry: Lifting Precautionary Measures in Number of Madinah's Districts Starting from Today

(MENAFN - Saudi Press Agency) Riyadh, May 9, 2020, SPA -- An official source at the Ministry of Interior stated that, in light of the health authoriti... ......