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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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China may shirk human rights duty in Hong Kong

CHINA is likely to shirk its duty to report on human rights in Hong Kong when it takes control of the colony next year, the worlds’ leading lawyers are warning. The warning comes in the wake of China’s refusal to allow eight Hong Kong protesters to enter the country to present a petition demanding safeguards […]

Talks tackle 'homes for votes' implications

Helen Sage reports The licensing of sex shops and the legal implications of the Westminster ‘homes for votes’ scandals are among subjects included in the Law Society’s latest programme of courses for local government lawyers. The training unit of the local government group, which spearheaded training for local authorities on how to win CCT, has […]

Fund for societies attacked

A CHALLENGE fund set up by Chancery Lane to help local law societies pay for new initiatives has been dismissed as a “sop” by the president of one of the country’s largest societies. The Law Society has invited local societies across the country to apply for a slice of the £25,000 fund by submitting projects […]

Sun sets on an eastern future

Historically, Hong Kong has been an attractive alternative for UK lawyers wishing to gain international experience while continuing to practise English law. For those who wanted to remain with a City or London firm, yet sought to sample life in the Far East, the opportunities in Hong Kong seemed at times almost boundless. However, during […]

Firms go on Moscow recruitment drive to counter skills shortage

A SERIOUS shortage of experienced lawyers is taking the shine off the rapid growth of international law firms in Russia. Managing partner of Baker & McKenzie’s Moscow office Paul Melling said there were about 40 Western offices in the city and they all had recruitment problems. He said there was a shortage of bilingual lawyers […]

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