Cleary Gottlieb promotes eight to partnership

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Latest Briefings

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Pimlico Plumbers: the self-employed v brand debate

By Paula Rome The widely reported decision in Pimlico Plumbers emphasises the risks of retaining control over staff. However, such control can be key to protecting an organisations’ brand and reputation in the marketplace. Where does this leave us? What does control mean?

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

I’m divorced, that’s it, right?

By Miranda Nairn There is a common misconception that once in possession of a decree absolute (the final decree dissolving a marriage), your divorce is done and dusted and you and your ex-spouse can walk off into the sunset, in opposite directions, never to see or hear from each other again. In fact, unless you […]

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King & Spalding makes up 12 to partner

US firm King & Spalding has promoted 12 associates to ­partner level, including two in London. The firm has made up eight partners across its US offices, two in Abu Dhabi, where the firm opened in March (The Lawyer, 24 March), and two in ­London. In the UK Michael Rainey and Pulina Whitaker join the […]

Allen & Overy half-year turnover up 11 per cent

Allen & Overy half-year turnover up 11 per cent” />Allen & Overy’s (A&O) half-year turnover increased by 11 per cent to £548m compared to the same period last year. The firm said that the results were buoyed by the impact of global market turmoil. Managing partner Wim Dejonghe (pictured) said: “Business is holding up for […]

Pinsents tightens AIM stranglehold as downturn hits market capitalisations

Pinsent Masons continues to lead the way in terms of the number of AIM clients, with DLA Piper and Norton Rose having lost ground since the last quarter. According to the latest data from Hemscott, DLA Piper, which was previously ranked second, has lost three clients over the past three months, while Norton Rose has […]

Redeeming features

The financial crisis has sparked a flurry of investors seeking to redeem their investments. Funds with adequate safeguards in place will be the ones that survive, say Sandie Corbett and Caroline Williams Stresses from the subprime meltdown and other recent events in the banking sector have had an adverse impact on certain hedge funds, taking […]

Global firms praise Russia’s courts for progress made in cleaning up their act

A report has found that the Russian court system has made great strides to entice oligarchs and businesses back to the country, months after it came under fire for lacking independence. Global firms with Russian offices – including Baker & McKenzie, Chadbourne & Parke, CMS Cameron McKenna, DLA Piper and Herbert Smith – have said […]

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