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WHITE & CASE PROMOTES 26 TO COUNSEL AND 15 TO LOCAL PARTNER

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Global law firm White & Case LLP has promoted 26 lawyers to counsel and 15 to local partner with effect from January 1, 2017

Global law firm White & Case LLP has promoted 26 lawyers to counsel and 15 to local partner with effect from January 1, 2017.

“These promotions reflect the quality and achievement of our lawyers and the truly global and diverse nature of our Firm,” said White & Case Chairman Hugh Verrier. “They embrace 21 offices and 13 global practices, and exemplify the way in which White & Case provides worldwide support to clients on their most important, complex, cross-border legal challenges.”

In addition to the internal promotions, White & Case has hired eight counsel and seven local partners during 2016.

At White & Case, counsel is a role for senior lawyers with significant experience in a particular practice area. The title is used across the Firm, in all offices, as an alternative career path to partnership but does not preclude consideration for promotion to partner.

The position of local partner is offered in select White & Case regions and locations where it is common market practice. At present this includes offices in Asia, Central & Eastern Europe, Belgium, Germany, Mexico, Saudi Arabia and Turkey. The title of local partner is a recognized career step towards admission into Firm partnership.

AMERICAS

Henri Capin-Gally has been named a local partner in our Global Mergers & Acquisitions Practice. Based in Mexico City, he advises on mergers and acquisitions and project finance, as well as local and cross-border financings, securities, corporate law and private equity transactions.

Ipek Candan Snyder has been named counsel in our Global Mergers & Acquisitions Practice. Based in New York, she advises corporate clients across a broad range of industries on mergers and acquisitions, private equity transactions, divestitures, restructurings, reorganizations, joint ventures, spin-offs and tender offers.

Antonio Cárdenas has been named a local partner in our Global Commercial Litigation Practice. Based in Mexico City, he advises on bringing amparo proceedings and ordinary defense procedures in administrative matters, as well as counsel in regulatory matters and relations with authorities.

James P. Gagen has been named counsel in our Global Intellectual Property Practice. Based in Washington, DC, he advises on intellectual property litigation in federal courts, as well as e-discovery law and ITC investigations.

Richard Graham has been named counsel in our Global Financial Restructuring and Insolvency Practice. Based in New York, he advises on chapter 11 proceedings, multinational bankruptcy cases and out-of-court restructuring transactions.

Jesse Green has been named counsel in our Global Commercial Litigation Practice. Based in Miami, he advises on large, complicated litigation matters.

Ash Ilkhani has been named counsel in our Global Capital Markets Practice. Based in New York, he advises a broad range of clients on the structuring, formation and placement of a range of private equity, real estate and hedge funds.

Carlos Mainero Ruíz has been named a local partner in our Global Capital Markets Practice. Based in Mexico City, he advises lenders, underwriters and issuers on financing and capital markets transactions.

Charles Moore has been named counsel in our Global Antitrust Practice. Based in Washington, DC, he advises on antitrust litigation and counseling, as well as commercial litigation and real estate litigation and arbitration.

Robert Morrison has been named counsel in our Global Banking Practice. Based in Los Angeles, he advises banks, lenders, investors and private equity funds on secured and unsecured syndicated credit facilities and leveraged acquisition financings.

Andrés Mosqueira has been named a local partner in our Global Asset Finance Practice and our Global Banking Practice. Based in Mexico City, he advises on financial regulatory matters, bank and asset finance, aviation-related matters and international joint ventures.

Terry O’Brien has been named counsel in our Global Capital Markets Practice. Based in New York, he advises on securities offerings and private equity and hedge fund transactions for both sponsors and investors.

Roberto Ríos Artigas has been named a local partner in our Global Project Finance Practice. Based in Mexico City, he advises on project finance, infrastructure and public-private partnerships, local and cross-border financings as well as private equity transactions.

Frank X. Schoen has been named counsel in our Global Project Finance Practice. Based in New York, he advises clients on a broad range of project finance, asset finance and bank finance transactions in the power, oil & gas, infrastructure and aviation sectors.

Irina Yevmenenko has been named counsel in our Global Capital Markets Practice. Based in New York, she advises public companies on SEC reporting requirements and other obligations including annual shareholder meetings, as well as required and best governance practices under NYSE and Nasdaq rules.

EMEA

Yassin Dimassi has been named a local partner in our Global Financial Restructuring and Insolvency Practice. Based in Berlin, he advises clients on insolvency administration and restructuring, including the continuation of insolvent businesses and cases of restructuring by transfer.

Ilona Fedurek has been named counsel in our Global Banking Practice. Based in Warsaw, she advises clients on domestic and cross-border loan transactions including project finance and acquisition finance, and on banking regulatory issues.

Niklas Forsmark Helmer has been named counsel in our Global International Arbitration Practice. Based in Stockholm, he advises clients on Swedish and international arbitrations and litigation proceedings, with particular experience in construction law.

Ceylan Kara has been named a local partner in our Global Mergers & Acquisitions Practice. Based in Istanbul, she advises clients across a range of sectors, including banking and insurance, on public and private mergers and acquisitions, joint ventures and related corporate transactions.

Constantin Lauterwein has been named a local partner in our Global White Collar Practice. Based in Berlin, he advises clients in all areas of white collar criminal law and corporate compliance, as well as regulatory issues and matters arising under corporate and insolvency law, including related litigation.

Ekaterina Logvinova has been named a local partner in our Global Project Finance Practice. Based in Moscow, she advises clients on financing transactions, with significant experience in project finance, trade finance, acquisition finance and other secured financing transactions involving Russian and international banks, companies and multilaterals.

Jakub Menčl has been named counsel in our Global Mergers & Acquisitions Practice. Based in Prague, he advises clients on private equity, mergers and acquisitions, intellectual property and commercial contract law.

Malgorzata Mroczek has been named counsel in our Global Mergers & Acquisitions Practice. Based in Warsaw, she advises clients on the employee aspects of mergers and acquisitions and public listing of companies, as well as post-transactional employment issues and employment restructuring.

Camille Note has been named counsel in our Global Mergers & Acquisitions Practice. Based in Paris, she advises French and foreign companies, financial investors and private equity firms on acquisitions and restructurings.

Magda Olyšarová has been named counsel in our Global Antitrust Practice. Based in Prague, she advises clients on competition law, regulatory matters, European Union law and dispute resolution.

Jan Pařík has been named a local partner in our Global Tax Practice. Based in Prague, he advises clients on Czech corporate tax, cross-border taxation, individual income taxation and mergers and acquisitions and reorganization accounting and taxation, as well as leveraged buyouts and private equity transactions.

Lars O. Petersen has been named a local partner in our Global Antitrust Practice. Based in Hamburg, he advises clients on national and international merger control proceedings and cartel investigations, and on public procurement matters before the competition authorities and courts.

Mickaël Rivollier has been named counsel in our Global Antitrust Practice. Based in Paris, he advises clients on alleged anti-competitive practices, including follow-on damages claims, and merger control.

Alexandra Rogers has been named a local partner in our Global Antitrust Practice. Based in Brussels, she advises clients across a broad range of European Union and competition law issues, including cartel investigations and compliance with EU and international merger control rules.

Katrin Rübsamen has been named counsel in our Global Banking Practice. Based in Berlin, she advises domestic and international clients and private equity firms on national and cross-border projects and transactions, and public institutions, banks and insurance companies on regulatory, corporate and product-related issues.

Strati Sakellariou-Witt has been named a local partner in our Global Antitrust Practice. Based in Brussels and Frankfurt, she advises clients across a range of industries on merger control reviews, abuse of dominance and cartel proceedings.

Ceren Sen has been named counsel in our Global Banking Practice. Based in Istanbul, she advises lenders and borrowers on secured and unsecured financings including domestic and cross-border syndicated loan transactions, leveraged buyouts, project financings, corporate financings and restructurings.

Ali Shaikley has been named a local partner in our Global Mergers & Acquisitions Practice. Based in Dubai, he advises on mergers and acquisitions and equity capital markets transactions.

Nneka Wood has been named counsel in our Global Project Finance Practice. Based in Abu Dhabi, she advises clients on finance, oil & gas and power transactions worldwide, including the Middle East and Africa.

ASIA-PACIFIC

Jiong Deng has been named a local partner in our Global Mergers & Acquisitions Practice. Based in Shanghai, he advises on a broad range of transactions and corporate financings relating to China, including acquisitions and restructurings.

Tess Fang has been named counsel in our Global Mergers & Acquisitions Practice. Based in Hong Kong, she advises clients on cross-border mergers and acquisitions and divestitures, private equity transactions and joint ventures.

Stephen Howard has been named counsel in our Global Banking Practice. Based in Hong Kong, he advises clients on leveraged buyout financing, cross-border acquisition financing and bank/bond structures.

William Moran has been named counsel in our Global International Trade Practice. Based in Tokyo, he advises on international trade and regulatory matters such as export control and sanction rules.

Seiji Niwa has been named counsel in our Global Antitrust Practice. Based in Tokyo, he advises on complex commercial and antitrust litigation and counseling, as well as securities fraud litigation.

Tabitha Saw has been named counsel in our Global Mergers & Acquisitions Practice. Based in Singapore, she advises private equity and multinational corporate clients on cross-border acquisitions, joint ventures, strategic investments, public takeovers and restructurings.

Gee Hou Tng has been named counsel in our Global Banking Practice. Based in Singapore, he advises lenders and sponsors on domestic and regional syndicated loans and structured and acquisition financings.

During 2016, eight counsel and seven local partners have joined the Firm.

AMERICAS

  • Anna Kertesz, counsel, Global Antitrust Practice, Washington, DC

EMEA

  • Irene Arévalo, counsel, Global Mergers & Acquisitions Practice, Madrid
  • Tim Brune, counsel, Global Financial Restructuring and Insolvency Practice, Hamburg
  • Giuseppe Barra Caracciolo, local partner, Global Banking Practice, Milan
  • Nicholas Forwood QC, counsel, Global Antitrust Practice, Brussels
  • Paul Griffin, counsel, Global Project Finance Practice, London
  • Claire Matheson Kirton, local partner, Global Banking Practice, Dubai
  • Michał Matera, local partner, Global Mergers & Acquisitions Practice, Warsaw
  • Hadrien Servais, local partner, Global Banking Practice, Brussels
  • Willem Van de Wiele, counsel, Global Banking Practice, Brussels

ASIA-PACIFIC

  • David Albagli, local partner, Global Intellectual Property Practice, Tokyo
  • Yijing Fu, counsel, Global Mergers & Acquisitions Practice, Shanghai
  • Keisuke Imon, counsel, Global Project Finance Practice, Tokyo
  • Cameron Watson, local partner, Global Project Finance Practice, Melbourne
  • Damien Whitehead, local partner, Global Banking Practice, Hong Kong

 

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Why brands harnessing the power of digital are winning in this evolving business landscape

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Why brands harnessing the power of digital are winning in this evolving business landscape 1

By Justin Pike, Founder and Chairman, MYPINPAD

Delivery of intuitive, secure, personalised, and frictionless user experiences has long been table stakes in digital commerce, well before the era of COVID-19. As businesses harness the revolutionary power of digital technologies, they have pursued large-scale change to adapt to evolving consumer preferences (some more successfully than others, but that’s a blog for another day). Digital transformation is a term we hear repeatedly, and it looks different for each organisation, but essentially, it’s about utilising technology and data to digitise, automate, innovate and improve processes and the customer experience across the entire business.

As I said, this was already well underway but then came 2020 and no industry escaped the disruption of the coronavirus outbreak, which has had an indelible impact on businesses performance, operations, and revenue. Regardless of whether the impact of COVID has been very positive or very challenging, it has forced organisations globally to re-evaluate and re-orient strategies to adapt.

As lockdowns and pandemic-related restrictions continue to change daily life, this raises the question of how we can balance a dramatic shift to digital and the benefits it brings, while ensuring business continuity and innovation both during and post-COVID, and protecting everyone against fraud?

Digital is an essential survival tool, and even more so in a COVID world

No one could have predicted the dramatic digital pivot that has taken place over this year. Indeed, within weeks of the COVID outbreak cash usage in the UK dropped by around 50%. Digital solutions including delivery applications, contactless payments, mobile commerce, online and mobile banking have become essential components of a touchless customer experience in the era of social distancing. It’s no longer just about an enhanced and superior customer experience, it’s also about health, safety and survival.

In store, businesses have benefited from contactless payments enabling faster throughput and reduced need for consumers to touch payment terminals (therefore requiring greater cleaning, which degrades the hardware much faster). Mastercard reported a 40% increase in contactless payments – including tap-to-pay and mobile pay – during the first quarter of the year as the global pandemic worsened. Digital has also become an essential sales channel for many B2C brands. Where brick and mortar stores have been required to close, digital commerce enables continuity of customer relationships and revenue. This channel also provides brands with rich customer data, which can be used to enhance and personalise the customer experience and typically results in greater levels of engagement and uplifts in revenue.

Industry forecasts estimate that worldwide spending on the technologies and services enabling digital transformation will reach GBP 1.8 trillion in 2023 – a clear indication that the process represents a long-term investment and a global commitment to digital-first strategy. The key point here is that digital brings significant benefits, and regardless of COVID, is here to stay.

The challenges that rapid digital transformation brings to businesses

Justin Pike

Justin Pike

Regardless of whether businesses are operating in developed or less-developed economies, these times of crisis have levelled the playing field in the sense that all businesses are facing similar issues. Access to products and supplies, maintaining customer relationships, accelerating sales for some and declining sales for others, health and hygiene are just a few of the unique challenges brought about by COVID.

Many businesses in physical environments have had to swiftly implement changes to significantly reduce safety risks for staff and customers, such as contactless payments, mobile ordering and delivery options. But with these changes come a host of other benefits of digitisation, such as faster transactions, and reduced human error at the point-of-sale.

The reliance on technology, however, can also expose organisations and consumers to certain vulnerabilities. In particular, the risks of fraud and cybercrime have dramatically increased since the onset of the pandemic as scammers have taken advantage of digital technologies to target both businesses and individuals.

As a McKinsey report illustrates, new levels of sophistication in the activities of fraudsters have placed more pressure on companies that have been previously slow to go digital, bringing “into sharp relief how vulnerable companies really are”, and damaging the financial health of small and large businesses. In fact, the Bottomline 2020 Business Payments Barometer reveals that only one in 10 small businesses across the UK report recovering more than 50% of losses due to fraud.

But take these stats with a grain of salt. While it is important to be aware of the risks and challenges this new business landscape brings, it’s equally as important to have a lens firmly across your own business, industry and audience, and to identify the changes you can make internally to mitigate risk as well as improve your customer experience. Where can you make some quick wins? Do you have the right skillsets internally to achieve what you need to achieve? What technology is out there that will enable your business goals? There are tech companies like MYPINPAD that are making huge strides in software development, which will transform businesses globally.

A digital world post-COVID

Almost a year in, the line between business success and failure remains fragile. However, an ongoing transition towards greater digitisation will be the difference between survival and the alternative.

There is a wide range of initiatives businesses can implement to weather this storm. If we look at the space MYPINPAD operates within, secure digital consumer authentication is crucial to the ongoing success and security of not only financial products but also identification and verification across a range of different industry verticals. Shifting the authentication of consumers securely onto mobile devices enables businesses to completely reshape their customer experiences. By bringing together a more seamless, frictionless customer experience, accessibility, privacy, security and access to consumer data, businesses are able to drive digital transformation across day-to-day activities.

Against this backdrop, software with stronger security standards continue to play an ever more vital role in supporting society, protecting consumers and businesses from the increase in risks that rapid digitisation brings. Already, merchants can deploy PIN on Mobile technology from companies like MYPINPAD, onto their smart devices to speed up the digitisation process many are now tackling.

Essentially, opening up universal payments and authentication methods that feel familiar, for both online and face-to-face transactions, will be key to opening up a world of possibilities when it comes to redefining how businesses engage with consumers.

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Brexit responsible for food supply problems in Northern Ireland, Ireland says

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Brexit responsible for food supply problems in Northern Ireland, Ireland says 2

LONDON (Reuters) – Food supply problems in Northern Ireland are due to Brexit because there are now a certain amount of checks on goods going between Britain and Northern Ireland, Irish Foreign Minister Simon Coveney said.

British ministers have sought to play down the disruption of Brexit in recent days.

“The supermarket shelves were full before Christmas and there are some issues now in terms of supply chains and so that’s clearly a Brexit issue,” Coveney told ITV.

The Northern Irish protocol means there are “a certain amount of checks on goods coming from GB into Northern Ireland and that involves some disruption,” he said.

(Reporting by Guy Faulconbridge; Editing by Tom Hogue)

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2021: a new tipping point for digital commerce

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2021: a new tipping point for digital commerce 3

By Damien Perillat, SVP Digital Commerce at Worldline Global

2020 was a year of significant change for all of us, impacting businesses and their customers heavily.  While several industries struggled, the demand for digital commerce and alternative ways to pay took off as nation-wide lockdowns meant customers needed to shop from the safety of their homes. This forced many businesses that previously relied on their bricks and mortar stores into the online space. And now, consumers are increasingly comfortable with ecommerce being a crucial part of their shopping experience – even those who were previously reluctant to adopt a digital life. It took ecommerce 20 years to reach about 15% penetration of consumer spending and in just a few months we jumped five to ten years forward. This isn’t likely to change in 2021.

Even in physical stores, customers are looking for safer alternatives to cash and chip-and-PIN payments. UK Finance revealed that contactless spending was up 18% across the UK in September last year when compared to the same time in 2019 – 64 percent of debit card transactions and 46 percent of credit card transactions were contactless. The use of digital and contactless payment methods will be much more widespread in 2021 as we enter this new normal.

K-shaped economic recovery will continue

With that said, economic recovery won’t take place at the same rate for everyone. Different industries have been impacted in their own unique ways by the pandemic. Leisure and travel continue are ranked as the most one missed activities by consumers and the first signs of recovery will be in the form of an increase in domestic and regional travel.

At the same time, the way consumers are interacting with different industries has changed. For example, millennials are looking for more experiential holidays with strong social aspects, where they can make a positive impact on the destination and people they are visiting. And, younger generations are displaying more conscious buying behaviour, focusing on sustainability.

Other industries have faced difficulties throughout the pandemic. Challenged with economic uncertainty, customers have cut back on spending on non-essential, luxury items, instead favouring spending that has enabled low-touch and home-based activities, such as food delivery, electronics, home entertainment and online marketplaces.

A shift in payment preferences

What has been uniform across many industries though, is that consumers now have high expectations surrounding not only the user experience (UX) but also the payment process itself. They anticipate an easy shopping experience where payments are almost invisible. Having the right payments mix will therefore be the key ingredient for success this year for many. Companies will need to ensure that their payment processes are fast, simple and frictionless as online checkout experiences have been raised to the next level.

At the same time, demand for digital goods and services surged last year as people were stuck indoors during lockdowns so purely digital players benefitted. By the end of Q3 2020, Netflix had a huge 195 million subscribers registered, while from February to June, Zoom saw a 677% increase in usage – attributed to increased remote working.

Clearly the digital transformation boosted the subscription economy, and that didn’t stop at just digital goods. People took to subscription services that regularly delivered anything from food to supplies to their doorsteps. This has been a much safer and convenient way to purchase goods during the pandemic.

So, with subscription services establishing a foothold last year, 2021 will be the time for businesses to invest in understanding the dynamics of what a truly optimised subscription payment customer acquisition looks like.

More online payments means more online fraud

Last year it wasn’t all plain sailing for everyone operating in the digital space. The increase in online payments presented more opportunity for fraud to take place and that’s exactly what happened. Between May and July 2020, when certain lockdown measures were eased and customers became more willing to spend, fraud volumes rose 61%, according to figures published by Barclays Bank.

Damien Perillat

Damien Perillat

Similarly, chargebacks became more prevalent. When shops are more reliant on deliveries than ever before, there is more opportunity for things to go wrong with orders and customers to be dissatisfied with what has been purchased. Fraudulent chargebacks have also become much easier to commit as it is increasingly difficult to prove when deliveries arrive safely.

Therefore, in 2021, not only will it be important to have a frictionless UX, but security measures must be effective without impeding on checkout processes and refund management will remain critical.

Going global

Greater risk of fraud didn’t stop businesses from embracing their new-found digital capacities while physical stores were closed though. Many have ventured into international territory with the aim sharing their services with other countries around the world.

This year, focusing on high-growth markets such as India, Brazil, Russia, and China will be hugely beneficial for companies looking to operate internationally and we could see cross-border sales continuing to take off in these regions. South-East Asia and Latin America have some of the greatest potential for digital commerce growth and I would urge those operating across borders to consider offering services there.

Key to achieving this is the ability to provide payments services that meet the needs of customers in different localities. Worldline research has found up to 42% of customers are likely to drop off and search for an alternative website if their preferred payment method is not offered at the checkout. Therefore, businesses must integrate with payment networks in different regions to provide locally relevant payment methods.

Yet, the web of complexity is increasing for online merchants, especially for those that want to expand internationally. As such, next year we can expect to see the growing popularity of payment solutions that seamlessly support the international reach of consumers and that enable businesses to integrate with local payment networks, while minimizing the need for local establishments and resources.

In a similar fashion, supply and logistics is becoming more localized. Lockdown measures hugely impacted supply chains around the globe and businesses resorted to new sourcing strategies and business models which will continue to be used this year.

Facing up to the change

2021 will be another extraordinary year for many businesses, as the world begins to find its feet again following COVID-19. Businesses must assess their position in the market and ability to meet the changing needs of customers’ when it comes to preferred commerce and payment methods.

Not only will this be critical when operating in the bustling online space, but it gives them scope to diversify, bringing in new revenue streams as we face the current economic downturn. When used to their full potential, payments will also ensure that companies can continue expanding online and abroad, even if the economy is going through a long K-shaped recovery period.

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