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News 15-08-2022
Kennedys continues corporate and commercial expansion with new partner hire
We are pleased to announce another key appointment to our growing corporate and commercial division. Partner Matthew Poli, who joins from (formerly) BLM, will be based in London but will work with clients globally on a broad range of non-contentious matters.
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Article 02-08-2022
Guidelines on key compliance requirements for the Personal Data Protection Act in Thailand
After several years of delays the Personal Data Protection Act B.E. 2562 (2019) ("PDPA") came into force in Thailand on 1 June 2022. Since then, on 20 June 2022, subordinate legislation (the "Notifications") under the PDPA was issued by the Personal Data Protection Committee ("PDPC") and published in the Royal Thai Government Gazette.
These Notifications are intended to set out the various criteria and rules, as well as much needed guidance and clarification, of some key requirements under the PDPA.
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Article 14-07-2022
ESG rating providers: time for regulation?
Environmental, Social and Governance (ESG) commitment has become of increasing significance to businesses. However, there is currently no standard approach within the ESG ratings industry which has led to a lack of consistency in ESG assessments. In this article, we explore the challenges this inconsistency has created for businesses and how their ESG commitments are perceived.
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News 13-07-2022
Kennedys finds (re)insurers’ changing underwriting practices key to net zero transition
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
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News 23-06-2022
Global growth for Kennedys continues
We have reported our highest ever revenue of £286m, up 8% from £264m* the previous year. The most significant growth came in North America, where revenue was up 24% to £55m, following a continued growth period fed by work from new and existing clients, a series of lateral hires and the opening of a new office in Delaware.
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Article 10-06-2022
New trends in fragment billing: Non-facility companies billing for facility-bundled services
When one receives surgery, it is common to receive a separate invoice from the physician and the facility. The physician bills for performing the surgery, and the facility bills for providing the products and services necessary for the surgery to be performed. The latter is known as a “facility fee,” which often includes the operating room, drugs, diagnostic tests, scalpels, electrodes, etc.
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Article 14-04-2022
A push for sustainability
Following on from the challenges presented by the COVID-19 pandemic, private companies are seeking to better position themselves and take steps towards promoting and practising meaningful sustainability. With this in mind, companies are reconsidering their policies, relationships and supply chains and are increasingly asking for their lawyers to ensure their documents provide a strong contractual basis for these changes.
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Article 13-04-2022
The increase to the cost of living and the impact on debt recovery
The increase in the cost of living and the significant rise in inflation has the potential to have an adverse impact on debt recovery. However, taking proactive steps to tackle bad debt (as a creditor) and to resolve unpaid debt issues (as a debtor) can facilitate a swift resolution to solving problems without court intervention. In this article, we look at the impact of mounting debts from both a debtor and creditor perspective.
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Article 01-04-2022
The taming of the few: The Economic Crime (Transparency and Enforcement) Act 2022
After years of discussion about ways to thwart the flow of so called dirty money, UK Parliament has fast tracked, in what has been reported to be at unprecedented speed, the journey of The Economic Crime (Transparency and Enforcement) Act 2022 (ECA) in response to the recent armed conflict in Ukraine.
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Article 09-03-2022
UW-no – the rise and fall of Unexplained Wealth Orders
For many years, the UK has been given the unenvious title of being a hub for money-laundering, with UK enforcement agencies lacking the armoury to tackle the influx of dirty money. The fast-tracking of the Economic Crime Bill, in response to the Russia/Ukraine conflict, is a further attempt by the UK to financially cleanse UK PLC.