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Rate expectations: Dear CEO letter encourages action from asset managers on LIBOR transition

The Financial Conduct Authority (the “FCA”) sent a letter to all UK regulated asset managers on 27 February 2020 (the “Dear CEO Letter”), to encourage the sector to prepare for the cessation of the sterling London interbank o...




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When tragedy strikes, follow due process

Mining e-Brief Mining operations around the country strive to send home employees safely at the end of each shift, by implementing various stringent health and safety measures in their working places. Despite these measures and various safety drives...




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Site waste management plans

Site waste management plans will be necessary for construction and demolition work with effect from 6 April 2008. The Site Waste Management Plans Regulations 2008 require site waste management plans for all construction and engineering projects in ...




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Land Registry change of practice in relation to discharge of mortgages

The Land Registry is changing its practice on the discharge of mortgages in cases where form DS1 is not available when the application is made to the Land Registry. On 3 August 2009, the Land Registry will implement an important change in practice ...




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The Court of Justice in Eenheid holds that the day to day management of Property Funds is subject to VAT

The Court of Justice of the European Union delivered its judgment in Case C-595/13 Staatssecretaris van Financiën v Fiscale Eenheid X NV cs on 9 December 2015. Full Article



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How to manage fatigue in the Workplace

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Introduction of the new Street Manager system for street and roadworks

On 6 February 2020, the Government published the Street and Road Works (Amendments Relating to Electronic Communications) (England) Regulations 2020, which come into force on 1 April 2020. The Regulations support the delivery and implementation of &...




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Eversheds Sutherland announces new senior management changes in Germany

Eversheds Sutherland has announced two changes to its senior management team in Germany. The global law firm has appointed Dr. Alexander Niethammer as new Managing Partner of its German office, while Hamburg-based Partner, Dr. Carola Rathke, takes u...




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Coronavirus Coverage – Policy Issues to Ponder

The global impact of Coronavirus is now undeniable, as one might expect from a highly contagious disease originating from the world’s second largest economy and most populous nation.  Insurance claims are bound to follow and whilst market...




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Taobao Villages: Rural E-Commerce and Low-End Manufacturing in China

By Fan Lulu and Boy Luethje HONOLULU (July 31, 2019)—With more than 800 million Internet users, China has become the global leader in e-commerce—the buying and selling of products and services online. Taobao (roughly “treasure hunt” in English) is the leading Chinese online shopping and e-commerce website, founded by the Alibaba Group. As of 2018, more than 580 million active users visited Taobao and its sister website Tmall every month.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.





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Coronavirus – Extension for filing of preliminary wage tax returns – Germany

Relief through extension of filing deadlines for employers in the Corona crisis In a letter dated 23 April 2020, the Federal Ministry of Finance has provided tax relief by extending the filing deadlines for preliminary wage tax returns (Lohnsteuer-A...




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Commencement of the new National Minimum Wage Act, 2018

The highly anticipated new National Minimum Wage Act No. 9 of 2018 (“NMWA”) came into operation on 1 January 2019. It is important to note that section 17(4) of the NMWA, which provides that the application of the new minimum wage applie...




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Mortgage PAP - our experience

The mortgage pre-action protocol (MPAP) has been in force for a little over six months, long enough for the courts' approach to settle down and for patterns to emerge. This article looks at our experiences. The good news is that MPAP compliance has...




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Case study: mortgage fraud

LSG Litigation regularly deal with cases involving mortgage fraud. The key to combating mortgage fraud is early detection, comprehensive and vigorous investigation and immediate recovery action. A Case Study In October 2008, we were instructed to...




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Changes to the civil procedure rules affecting mortgage repossession claims

Currently CPR 55.10 provides that where a mortgagee seeks possession of land which consists of or includes residential property the claimant must send a notice to the property addressed to 'the occupiers' within 5 days of receiving notification of t...




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Shipping: Calculation of damages following an anticipatory breach

Bunge SA v Nidera BV [2015] UKSC 43 This case was first brought to the attention of the Commercial Court in June 2013, when an appeal on the ruling of the first arbitral panel was sought by the Claimant, Bunge SA (“Bunge”). The matter at...




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Why Investors Should Buy Takeda As It De-Leverages




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Nomura Holdings' (NMR) Management on Q4 2020 Results - Earnings Call Transcript




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Afghan police open fire on protesters demanding coronavirus aid packages

The protesters accused the government of unfairly distributing aid packages provided by a charity.

The post Afghan police open fire on protesters demanding coronavirus aid packages appeared first on Premium Times Nigeria.




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French Resistance hero Cecile Rol-Tanguy dies at age 101

French Resistance member Cecile Rol-Tanguy, who risked her life during World War II by working to liberate Paris from Nazi occupation, has died. She was 101.





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Senator Lawan sends message to Buhari over nephew’s death

President of the Senate, Ahmad Lawan, has condoled with President Muhammadu Buhari over the death of his nephew, Alhaji Mutari Dauda. Lawan also commiserated with Malam Mamman Daura over the passing of Mutari, who was his younger brother. The Senate President said he shared in the grief of the entire Daura community, Government and people […]

Senator Lawan sends message to Buhari over nephew’s death




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Tambuwal sends message to Buhari

Sokoto Governor, Aminu Tambuwal has hailed President Muhammadu Buhari for commitment to tackling the COVID-19 pandemic. Tambuwal spoke on Friday at the inauguration of the State COVID-19 Volunteers. He noted that coronavirus was being properly addressed by Buhari and the Presidential Task Force on COVID-19. “I personally want to appreciate the president and the Task […]

Tambuwal sends message to Buhari




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Pompeo vows US will guarantee passage through Strait of Hormuz

WASHINGTON: Secretary of State Mike Pompeo vowed Sunday that the US will guarantee free passage through the vital Strait of Hormuz, as he accused Iran of recent attacks on oil tankers and the downing of a US drone.




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Nigerian Red Cross urges Govts to establish ministries of humanitarian affairs, disaster management

— declares Air Peace Boss,Onyema, ‘Hero Of COVID-19’ Considering the global ravages of Corona virus, Nigerian Red Cross said there is urgent need for state governments to establish ministries of humanitarian affairs, disaster management and social development. This, according to the Society, would encourage rapid response to all disaster management activities and alleviate the hardship […]

The post Nigerian Red Cross urges Govts to establish ministries of humanitarian affairs, disaster management appeared first on Nigerian Pilot News.




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Punitive Damage Soon to Rise to Full Triple from up to 3 Times...FTC Chairman

Kim Sang-jo, Chairman of the Fair Trade Commission, said, "Our commission will soon announce plans to stop the practice of large companies using technology of small enterprises without proper compensation." He held a press conference on August 13 at the Sejong government complex in relation to his agency's bid to root out unfair practices in the retail industry and said, "The biggest obstacle for small- and medium-sized enterprises for their further development is the uneven relationship with...




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Gov't Announces 83 Tril. Won Welfare Packages in One Week

The Moon Jae-in government has decided to pay 100,000 won (US$88) a month per child younger than 5 years beginning in July next year. The basic pension payment of 200,000 won currently given to low-income (lower 70% of income scale) senior citizens older than 65 years will be increased to 250,000 won from April next year.  The additional expenses for these two items will be 13.4 trillion won for children's allowance and 29.5 trillion won for senior citizen pension payments for the next...




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Home Mortgage Loan Balance Growth Slows Noticeably after Aug. 2 Measure

The volume of home mortgage loans made out by commercial banks is falling at a rapid rate after the government's measure to keep the housing marketing from overheating on August 2. According to figures made public by the nation's top-five banks including Kookmin, Shinhan, Woori, KEB Hana, and Nonghyup on August 21, the balance of home mortgage loans as of August 18 was 368,370.2 billion won, up by 1,834.3 billion won from the end of July (366,535.9 billion won). In monthly rate, this is up ...




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Korea-China Current Swap Deal Won't Be Part of Agenda in Sept. 13-14 Governors Meeting

Central bank governors of three East Asian countries including China, Japan, and Korea will get together and discuss issues such as debt and macroeconomic soundness. But the issue of the Korea-China currency swap deal which will expire on October 10 won't be one of the official agendas in the meeting. Bank of Korea Governor Lee Ju-yeol, People's Bank of China Governor Zhou Xiaochuan, and Bank of Japan Governor Haruhiko Kuroda will meet in Incheon's Songdo for two days on September 13-14 in th...




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Gov't Not to Raise Lawsuit against China with WTO...Pushes for $8 Mil. Aid Package with North Korea

The government is pushing forward with a plan worth US$8 million to help out vulnerable people in North Korea. Meanwhile it won't raise a lawsuit against China with the World Trade Organization in relation to the latter country's retaliatory measures after Korea's decision to deploy the Terminal High Altitude Area Defense (THAAD) anti-missile defense system in its soil. Baek Tae-hyun, spokesperson for the Ministry of Unification, said on September 14, "We are reviewing a plan to give $8 milli...




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Diamondback Energy: Quality Guidance From Management




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“Not a Dirty Word”: ESMA revisits the impact of its Opinion on delegation for UK managers if there is a “hard” Brexit

“Not a Dirty Word”: ESMA revisits the impact of its Opinion on delegation for UK managers if there is a “hard” Brexit In the wake of the draft Agreement on the withdrawal of the UK from the EU, a speech by Steven Maijoor, th...




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Age discrimination: impact on employee share schemes

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Enterprise Management Incentives

Good and bad news Yesterday, Chancellor Alistair Darling announced some changes to the Enterprise Management Incentive (EMI) legislation, which will impact on those companies operating EMI and those proposing to do so. The good news Under the cu...




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HR e-briefing 353 - First tribunal decision on flexible benefits and age discrimination

Many employers offer flexible benefits packages to their workforce. But the Age Discrimination Regulations have cast a shadow over some schemes, leaving employers and providers unsure as to how benefits such as private medical insurance should be ac...




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HR e-briefing 361 - Agency workers set to have equal rights but the working time opt-out is preserved

If you have not yet responded to the Eversheds survey as to the likely impact of the changes to agency worker rights upon your business and would like to do so by 13 June, please click here.   Main body The topics of equal rights for age...




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HR e-briefing 446 - Agency Worker Regulations finalised

After what has already proved a busy week for employment law news, the Government has published its consultation response to the second round of consultation on Agency Worker Regulations, which closed in December last year. The...




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Protection of employees (Temporary Agency Work) Bill 2011

Introduction The Protection of Employees (Temporary Agency Work) Bill 2011 (“the Bill”) was published on Friday 16 December 2011. The Bill is intended to give effect to an EU Directive (Directive 2008/104/EC) on...




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Fatal crash: Police release name after Napier tragedy

Police have released the name of the man who died following a crash on State Highway 51, Napier, on Thursday.He was David Allan Trousdell, 37, of Napier.It's understood Mr Trousdell's car collided with a truck at Te Awa. The crash...




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Covid 19 coronavirus: Business insolvencies to surge as wage subsidy runs dry

Covid-19 has tipped some struggling and startup businesses over already - but the real toll will emerge in the coming months. READ MORE:• Receiver says wage subsidy propping up a walking-dead army of 'zombie firms' John...




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EBA Guidelines on ICT and Security Risk Management – Impact on Outsourcing Arrangements

Overview On 28 November 2019, the European Banking Authority (“EBA”) published its final guidelines[1] on information and communication technology (“ICT”) and security risk management (EBA/GL/2019/04) (the “Guidelines&r...




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Coronavirus – Legal consequences of supply shortages – Germany

1.1 What impact might production downtime or circumstances with similar effect have on supply contracts? Reduced production or similar measurements and resulting supply shortages can cause severe problems to distributors or intermediaries, as they ...




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Contractual Advantage: New Rules of Agricultural and Food Product Trade

The Act of 15 December 2016 on Counteracting Unfair Use of Contractual Advantage in Trade of Agricultural and Food Products came into force and effect on 12 July 2017. The law confers additional powers on the President of the Office of Competition a...




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Re-shaping your business - a sustainability report for the food and beverage sector

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Re-shaping your business - a sustainability report for the food and beverage sector

We are delighted to share the initial findings from our research into sustainability in the food and beverage industry and the potential implications this has for legal teams. Extinction Rebellion, the Net Zero report – no business can ignore ...




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The Impact of sustainability on the food and beverage sector new report launch

We are delighted to share with you our latest Consumer sector Thought Leadership report ‘Reshaping your business: The impact of sustainability on the food and beverage sector’. In this latest report we focus on the environmental aspects ...




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Libyan Rival Forces Clash; Tripoli Airport Sustains Damage

Strongman Haftar denies Tripoli government claims shelling by his forces caused civilian casualties




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Eversheds Sutherland have advised the management team shareholders on the sale of a minority stake in Waterlogic

Eversheds Sutherland have advised the management team shareholders on the sale of a significant minority stake in Waterlogic, a UK-based designer, manufacturer, distributor and service provider of purified water dispensers, to four strong instituti...




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Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar

Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar, in connection with the first private fund in the country to invest in the alternative asset class of commercial shipp...