Digests

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Latest Briefings

Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

Recommended

Cadwalader poaches CMS Cameron McKenna's head of African practice

US firm Cadwalader Wickersham & Taft has lured CMS Cameron McKenna’s highly-regarded project finance partner Paul Biggs to join its London office. Biggs is the head of Camerons’ African group. His departure will come as a blow to the firm as it restructures its management team to boost its ambitions for international expansion. Biggs has […]

Financing

Gouldens advised KPMG Corporate Finance and Investec Henderson Crosthwaite as sponsors to Alphameric on a £72m fund raising to enable Alphameric’s £60m acquisition of Pennine Retail Systems (Holdings). Gouldens corporate partner Simon Allport worked on the deal, Nabarro Nathanson represented Alphameric and Addleshaw Booth & Co advised the vendors.

Pilots fight for property rights

Associated British Ports Holdings (ABPH) is heading for a High Court showdown over property it is alleged to have commandeered and sold in Humberside. The association is being sued by Hull-based association Humber Pilots, which is seeking declarations, court orders and damages in a claim valued at more than £200,000. The pilots, who can date […]

Allen & Overy boosts New York Tax Capability

Robert DeJoy and Jack Heinberg joined on Monday (13 March) bringing Allen & Overy’s international tax department up to 50 tax professionals including 15 partners across the world. DeJoy was previously senior tax partner at Arnold & Porter, representing Fortune 500 companies. His practice including advising on corporate joint ventures, acquisition divestitures and separations, inbound […]

Camerons management shaken up for Euro drive

CMS Cameron McKenna has restructured its senior management to drive through plans for European expansion. The firm has elected senior corporate partner Dick Tyler to replace Robert Derry-Evans as managing partner. Derry-Evans takes up the new post of chief executive. Senior partner Bill Shelford stays in his post. A Camerons spokesman says the firm decided […]

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