Daimler-Chrysler opts for Shearman on MTU purchase

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Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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Lost courses

Tom Rose and Fenella Gentleman had lunch on Tuesday 8 November. These titans of legal PR rule the roost at Herbert Smith and Lovells respectively. But the two firms have just – famously or infamously, depending on your point of view – been on the wrong side of the most devastating and embarrassing litigation defeats in recent memory […]

Freshfields and Linklaters to review associate workload

Linklaters to review associate workload” />Freshfields Bruckhaus Derringer and Linklaters have overhauled their systems for allocating work to corporate associates in response to the boom in M&A. Freshfields London head of corporate Tim Jones revealed that for the past week the corporate group has been piloting a system of involving select senior associates in the […]

Gym nausea

Tulkinghorn simply adores those old-fashioned lawyers who still dare to be marvellously indiscreet. True, they’re a rarer breed in these corporate-led days, but when one finds oneself in their company it remains a delight with few equals. Such a character presented himself to one of Tulkinghorn’s scribes last week. The esteemed property partner is clearly […]

Ashurst beats City rivals to secure £435m Hikma Pharmaceuticals IPO

Ashurst beats City rivals to secure £435m Hikma Pharmaceuticals IPO” />Ashurst has beaten 10 of the City’s top firms in a beauty parade to secure the lead role advising Hikma Pharmaceuticals in relation to its £435m IPO on the London Stock Exchange. The silver circle firm is understood to have beaten the likes of Herbert […]

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