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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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Directors' pay

Manches & Co has advised three top directors on their termination packages from Forte in the wake of the company’s recent acquisition by Granada. Manches was involved in the negotiation of termination packages for Keith Hamill, finance director, David Stevens, company secretary and director of legal services, and Richard Power, director of public affairs.

Move to the provinces pays dividends for ex-Temple set

A HOME counties chambers which has just opened a new set in St Albans says it has not looked back since leaving the Temple 11 years ago. When Tindal Chambers moved out of King’s Bench Walk to set up shop in Chelmsford it had eight tenants. Now the general common law set boasts 35 barristers […]

The Lawyer Inquiry: John Gower-Jones

John Gower-Jones is a partner in the property department of Davies Wallis Foyster’s Manchester office. Born in Rochdale in 1946, he now lives in Mobberley, Cheshire. What was your first job? Deck chair attendant, Blackpool. What was your first ever salary as a lawyer? £400 a year as an articled clerk. What would you have […]

Brief

In an attempt to sort out a spot of confusion, Michael Skrein, head of litigation at Richards Butler, took daughter Philippa to work last week. “My children were concerned to hear I was acting for Sylvester Stallone,” said Skrein. “They didn’t think I had the body for it.” The move was part of the national […]

Financings

Hammond Suddards advised sports goods manufacturer Umbro UK in connection with its recent kit and products sponsorship agreements with Manchester United football club. The “substantial” sponsorship will run until 2002. Manchester United was advised by James Chapman & Co.

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