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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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Taking on girl power in court

Roger Pearson looks at how the Spice Girls have so far failed in their bid to prevent an Italian company using their photographs. The Spice Girls are currently involved, directly and indirectly, in two pieces of litigation at the High Court. As reported on this page (The Lawyer, 10 June), solicitor Ian Clifford has launched […]

Hillsborough case goes into extra time

The case of the four members of the South Yorkshire Police Force who claimed damages over mental trauma they claimed they suffered as a result of involvement in the Hillsborough Stadium disaster in April 1989 may now go to the House of Lords. Three Law Lords have already considered an application by the Chief Constable […]

Law Soc sits on survey results

THE results of a controversial Law Society survey asking solicitors whether they want the rules on referral payments tightened up has been kept under wraps by the society for more than three months. Law Society staff received 1,000 replies at the beginning of April from a consultation on the Solicitors’ Introduction and Referral Code. It […]

Beauty parades. Shaping up for the competition

Beauty parades have become an inevitable feature of the process of winning new assignments in the mergers and acquisitions field, with sophisticated clients trying to choose the best-qualified and most competitive team of lawyers for a particular job. The use of beauty parades has accelerated in recent years because of a greater number of in-house […]

Comply with us

A major revelation at Asim’s agm was the joint discussions with the Law Society over regulation, reports Mary Heaney. At ASIM’s recent annual general meeting, the Law Society and Asim were shown to be working together in order to agree standard documentation for compliance. Stuart Bushell, head of investment business regulation at the Office for […]

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