Financings

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Latest Briefings

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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In brief: Survey finds limited liability a priority

More than 50 per cent of professional partnerships are considering ways of limiting their liability, according to a survey by chartered accountants Smith & Williamson. The telephone survey of over 90 professional partnerships, of which 60 per cent were solicitors firms, also found strong support for mergers. Eighty per cent of solicitors firms said they […]

In brief: Merged firms to target property sector

Southampton firm Gore Wood has merged with Blake Lapthorn’s commercial property department to create a 16 lawyer-strong unit capable of dealing with every type of property matter outside London. The unit will be based at Blake Lapthorn’s new purpose-built office, Harbour Court, which is situated on the M27 near Portsmouth. Pictured (l-r) are Steven Henshaw, […]

Bypassing a legal roadblock

The legal team undoubtedly played a major role in steering the recent case, of a Norfolk couple whose luxury home at Wroxham was blighted by bypass plans, back before the Parliamentary Ombudsman. But, in what is regarded as a case that breaks new ground in respect of the legal right to overturn the Parliamentary Ombudsman’s […]

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Technology secured

Alison Laferla reports IT security is an issue to ignore at your peril. The DTI produces a basic guide to security called the Business Manager’s Guide to Information Security, which is available free on 0171 215 1962. Also, a free magazine aimed at combating software theft will be launched next month. Produced by Microsoft, it […]

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