Current economic conditions in the shipping finance market

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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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SFO lambasted over collapse of Goldshield case

The taxpayer could foot a bill of around £40m after the Serious Fraud Office (SFO) was forced to drop a high-profile case against Goldshield Group. The SFO had accused pharmaceutical company Goldshield of conspiring to defraud the NHS through an alleged pharmaceutical cartel. However, the SFO’s original indictment only related to price-fixing, which alone is […]

White & Case rebuilds with Wall appointment

White & Case rebuilds with Wall appointment” />White & Case has appointed former chairman Duane Wall as head of the firm’s global bank advisory practice. The move is a response to the loss of prominent financial services regulatory partner and former head, Kevin Barnard, who left to join Arnold & Porter with fellow partner Alan […]

Frankly, you look a M&S…

Tulkinghorn is rarely out of his dinner jacket, and so doesn’t understand the last-minute panic buying that lawyers go through the day before a big black-tie event. A reliable mole informs Tulkinghorn that Ashurst senior partner Geoffrey Green fell into just such a panic on the day of The Lawyer Awards. He rushed to Marks […]

Pinsents property partner defects to BLP

Berwin Leighton Paisner (BLP) has hired Pinsent Masons property partner Andrew Yates as joint head of regeneration and public sector. He will co-head the practice alongside Lesley-Anne Avis. Yates specialises in property development and ­funding, including commercial property work and secured lending, leisure and retail premises, institutional purchases, joint ­ventures and property insolvency. Yates has […]

LG and Trowers latest to increase salaries

LG and Trowers & Hamlins have increased their trainee solicitor salaries by inflation-busting rates, although its first year trainees are still paid marginally less than the median for City law firms. From September 2008 first-year trainees at LG will take home £36,000, a rise of 20 per cent on last year’s salary of £30,000. Those […]

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