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Latest Briefings

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

Recommended

Testing times for the Revenue

A test case to be heard in April in the Chancery Division will turn on whether the Inland Revenue has taken the correct view on Inheritance Tax (IHT) legislation cases where appointments are made within three months of the testator’s death. Beneficiaries under wills can group together and rearrange the dispositions made in the will. […]

Mixed feelings over firm’s Belfast move

CITY insurance specialist Kennedys is moving into Northern Ireland, setting up a strong insurance presence in response to client needs. But the historic move has met with some reservations from established Belfast insurance practices, which say they are already advising non-local clients. The office, opening this week, will be run by four partners and one […]

Time to call the headline hunters

Mention ‘chancery’ and most people think of Dickens’ Bleak House, where the case of Jarndyce v Jarndyce “dragged its dreary length before the court, perennially hopeless”. Ask a chancery lawyer what it is and they will say chancery practice is essentially about companies, trusts and tax. One leading practitioner considers it “the most academic of […]

Property

Manches & Co acted for JPI Investments in its exchange of contracts for a major lease reorganisation at Apex Tower, New Malden. BAeSEMA, a subsidiary of British Aerospace and SEMA Group, agreed to take an overriding lease on the 15-floor block.

Perils of complacency

The move by Kennedys to set up an office in Belfast is a brave one, despite its unfortunate timing. The Northern Irish legal marketplace is small and difficult to penetrate. However, with increasing numbers of English companies going to the province, there is more business for one and all, although NI lawyers would be the […]

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