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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

Recommended

Freshfields unveils new role for lateral hire

Freshfields Bruckhaus Deringer has created a new job description for a senior lateral hire focused on developing the firm’s employment practice. The magic circle firm’s employment, pensions and benefits (EPB) group has hired the founder and managing director of Ius Laboris, the international network of firms that specialise in employment law. Jean-François Gerard joins Freshfields’ […]

Growing Howrey moves City team

Howrey’s London operation is gearing up for an office move to double its size in the capital. The firm plans to move into a new building at 5 New Street Square by the end of autumn next year, subletting the space from IP competitor Taylor Wessing. Howrey will take 40,000sq ft of Taylor Wessing’s 166,000sq […]

OFT escalates banking investigation

The Office of Fair Trading (OFT) is stepping up its scrutiny of the retail banking sector with the announcement today (26 April) of a market study into current account charges. The market study runs alongside an inquiry into the banking sector, the scope of which the OFT said it would widen on 30 March. The […]

SJ Berwin latest to reveal bumper promotions

SJ Berwin has followed its City rivals by announcing the promotion of 16 associates to its partnership, its largest number to date. The appointments are three more than last year, when 13 lawyers were made-up, and continue the firm’s increasing focus on organic growth. In 2004-05 seven were promoted, while 11 were made up in […]

A&O escalates pay war

Allen & Overy (A&O) has become the latest magic circle firm to announce associate salary hikes. The magic circle firm has increased its associate pay by an average of 18 per cent for associates up to five years’ PQE in October 2006. After the increase, A&O’s newly qualified (NQ) pay now stands at approximately £64,900. […]

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