Dechert’s former Dubai co-managing partner Gavin Watson has left the firm for Pillsbury, where he will work as a partner in its London office. Watson has relocated from the Middle East to London, with a focus on cross-border corporate transactions in the oil and gas space. He joined Dechert in 2012 from defunct firm Dewey & […]
Herbert Smith Freehills and Morgan Lewis & Bockius are representing a consortium in its rescue of troubled Flybe Airways for £2.2m. The consortium is formed by Connect Airways, a joint venture company owned by Cyrus funds, Stobart Aviation and Virgin Atlantic. Morgan Lewis partner Georgia Quenby has been leading for Connect and Cyrus, along with […]
Freshfields Bruckhaus Deringer’s Adrian Maguire is understood to be joining his former boss David Higgins at Kirkland & Ellis, over a year after the US firm made a concerted push to expand its corporate credentials in the City.
Clifford Chance and Debevoise & Plimpton are acting in a US buyout firm’s big UK food sector play, as it takes a $1bn stake in the British hospitality company behind the Benugo and Searcys eateries. Christopher Sullivan, a City-based M&A partner at Clifford Chance, is advising UK catering operator WSH Investments, supported by senior associates Jonathan Dillon and Oliver Marcuse. […]
Addleshaw Goddard and Howard Kennedy have been called in to act on the administration of HMV, after it struggled to scrape past Christmas and became the latest victim on the ailing high street. Addleshaws is advising administrators KPMG, led by business support and restructuring partners Fraser Ritson and Alison Goldthorpe. KPMG was confirmed as administrators […]
How can you reshape an in-house team in the image you want it to be? This was just one of the issues up for debate at The Lawyer’s latest roundtable with BCLP.
Experts from across the market give their view on the past 12 months and offer predictions for 2019.
We shout a lot these days and we seem to have forgotten how to listen. Even if we are listening it is, more often than at any time in the history of mankind, within our own bubble as we plug in the earphones and pull up the audio drawbridge. There’s a lot of shouting on […]
2019 will be the year when legal tech becomes smart, and when analytics opens doors to unexplored territories
A legal universe where New Law has come of age may be closer than you think
2018 was another year of big-name moves, with US firms showing no signs of winding down their ambitions to grow in the City
New rules for European lawyers in the UK might add some red tape. Nevertheless, firms see Brexit as an opportunity, not a hurdle
Legal operations managers from top UK companies explain what they do and how they are transforming their businesses
Think your archive is just old paperwork left to gather dust? Think again. Scientists can turn it into treasure
The Chennai Bench of the Income Tax Appellate Tribunal (Tribunal) in a recent ruling in Dr. Muthian Sivathanu v Assistant Commissioner of Income-tax [ITA No. 553/2018] held that proceeds received on sale of shares acquired pursuant to exercise of an employee stock option (Option) will be taxable as capital gains and not as salary. Further, […]
By Craig J. Stehr, André Poulin-Denis The Employment Standards Act, 2000 (ESA) requires that employers in Ontario display a poster published by the Ministry of Labour. The poster provides information about employee rights and obligations under the ESA and its regulations, and is periodically updated. Recently, the Ministry published a new eighth version of the poster, which is available […]
By Sinead Kelly Ever had to deal with a toxic work environment? Being undermined? A lack of support? Working to tight deadlines under pressure? One can only assume this would resonate quite strongly with Theresa May at present. In a wider context however, these issues are of course all factors which can lead to workplace stress.
The Bangalore bench of the Income Tax Appellate Tribunal (Tribunal) in a recent case of M/s Jupiter Capital Pvt. Ltd. v The Assistant commissioner of Income Tax (ITAT order dated 29 November 2018) has allowed the claim for capital loss on account of reduction in share capital of the company (Ruling). The Tribunal held that […]
The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]
The insurance M&A activity during 2017 followed the consolidation trend of the previous years, with a number of sales procedures of insurance companies being completed or initiated during this period. Similar to the previous years, these sales procedures attracted mainly foreign investors (particularly China-based), thus the control of the insurance sector has become more and […]
Corporate legal teams are under constant pressure to deliver more value to their organisations. Growing demand and changing expectations from the business mean that legal departments are adapting to embrace innovation and requiring their network of external counsel to do the same. Generally, corporate legal teams are adopting new technologies and adapting to changing pressures […]
In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]
By David Smedley, Andrew Rayment ‘May you live in interesting times’…an old Chinese saying intended to be uttered as a curse upon one’s enemies. We are living in unprecedented times and 2019 is undoubtedly set to be an ‘interesting’ year for business as ongoing fallout from Brexit translates to general uncertainty and unchartered trading conditions. Yet, against […]
By Anna Turi The Hungarian Competition Authority (HCA) cleared the acquisition of sole control over Invitel Távközlési Zrt (“Invitel”) by Digi Távközlési és Szolgáltató Kft (“DIGI”) conditionally – with commitments – in May 2018. A few months later, it established that DIGI had intentionally misled HCA officials and therefore revoked the decision and imposed a fine on […]
Despite the fact that Kazakhstani legislation provides for a number of forms to incorporate commercial companies (full partnership, limited liability company, additional liability partnership, joint-stock company), in practice, businessmen and foreign investors often prefer a certain form of incorporation such as an LLP (TOO) or JSC (AO). Other forms of doing business in Kazakhstan are […]
By Jason Coates, Ian Chapman-Curry, Kevin Gude 2019 promises plenty of developments that will keep trustees, employers and advisers busy. From Brexit to superfunds, pension professionals will have to grapple with new legislation, consultations and revised guidance. In this update, we outline nine key pension issues that are likely to dominate the pensions landscape this year, plus some […]
