Another case for small is beautiful

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Latest Briefings

SEBI introduces exemptions for companies undergoing CIRP under IBC, 2016

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Flotations

Herbert Smith acted for Kleinwort Benson Securities in its role as underwriter/sponsor of the flotation of Stoves at an initial market capitalisation of £47 million.

Walsall head loses department and job

THE legal department of a district council is to be scrapped and the chief solicitor sacked as part of a controversial restructuring plan. Sheila Bull, director of legal and administration, is among eight chief officers who have been served notice by Walsall Council in the West Midlands. Legal work will subsequently be supervised by a […]

Dibbs sues Lloyd's defaulters for £3m

DIBB Lupton Broomhead litigators are issuing writs for more than £3 million against defaulting Lloyd’s Names – the biggest tranche of legal actions yet issued on behalf of Lloyd’s agents. They will also be handling the first test case against Names, due in court on 21 September. Up to 111 UK Names and 21 US […]

In brief: Pensions law too complex say lawyers

The Association of Pension Lawyers has called for reform of share disclosure law which demands disclosure of holdings above a three per cent threshold in public companies. The association warns current rules regarding the aggregating interests through occupational pension schemes are overly complicated and it has called for simpler rules to avoid trustees being subjected […]

Hereford and Worcester lifts hunt ban after warning

HEREFORD and Worcester Council has decided to lift a ban on fox hunting after its county solicitor warned that the policy could lead to a successful challenge in the courts. The warning from head of legal Roger Yates follows Somerset County Council’s failed attempt to ban the Quantock Staghounds. A committee report by Yates says […]

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