Dubai loan dispute gets UK hearing

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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U-turn on courts privatisation

PARTS of the courts service threatened with privatisation will be more secure after a Government U-turn due to political pressure from unions and senior judges. New legislation, coming into effect only four months before the deadline for Next Steps Agency status for the court service, will block government attempts to market test and contract out […]

Bill set to axe IHT loan trusts

Advisers in law firms and product providers will be looking anxiously at the loan trust provisions in the Finance Bill due this month. Loan-based schemes used for inheritance tax (IHT) purposes have virtually disappeared from the market following Budget proposals appearing to make trustees subject to income tax on the loan amount. Paul Hartford, of […]

TKB shuts up shop in Brussels

CITY firm Turner Kenneth Brown has closed the doors on its Brussels office and returned its two resident fee-earners to London. The office, closed at Christmas, was the only remaining international practice operated by the firm, which is currently in merger talks with Nabarro Nathanson. Early last year it shut down its Hong Kong office […]

Wacks Caller winners in Fox Brooks Marshall defection

NEW senior partner Andrew Wright has vowed to re-build Fox Brooks Marshall following a large-scale defection to Wacks Caller. Established Manchester practice Fox Brooks was dissolved after four partners and nine other fee-earners left to join the rival north west firm. But Wright, who declines to comment on reasons for the split, has re-formed the […]

Experts fear pilot scheme will lead to bad verdicts

CRIMINAL law experts fear miscarriages of justice, extra cost and further delays are likely to stem from a government pilot scheme allowing the police to prepare abbreviated case files. The society says the pilots will allow police to produce their own summaries of witness statements and evidence, rather than full statements, in cases which the […]

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