Herbert Smith lands Ofcom advisory role

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Latest Briefings

Taxation of a Shareholder’s Income In the Acquisition of a Limited Liability Company’s Own Business Share

This article aims to provide answers to a “hot topic” legal issue, often raised by shareholders, regarding the legal grounds for taxation of a natural person’s income derived from selling his business share to his limited liability company (where the company acquires its own business share) in the Republic of Slovenia. This article aims to […]

Significant beneficial owner: SEBI makes listed companies comply

On 7 December 2018, the Securities and Exchange Board of India (SEBI) issued circular No SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 (Circular) to modify Circular No. CIR/CFD/CMD/13/2015 dated 30 November 2015 (Format for Disclosure of Holding of Specified Securities and Shareholding Pattern) issued under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to the modification, […]

New amendments to CIRP regulations – Relief for bidders and dissenting financial creditors

The Insolvency and Bankruptcy Board of India (IBBI) amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the fourth time in 2018 on 5 October 2018 through the IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018 (Amendment Regulations). The Amendment Regulations have come into force on 5 […]

Risks for liability insurers and their insureds: #MeToo

By Susie Wakefield, Antonia Blackwell One year on from #MeToo, Bloomberg estimates at least 425 prominent people across industries had been publicly accused of sexual misconduct. These headlines have brought the issue of how employers tackle sexual harassment in the workplace into the spotlight. In addition to dealing with any allegations of sexual harassment, organisations will […]

Zero-hours contracts – Common pitfalls for employers

By Jo Tunnicliff “Zero-hours contracts can be a positive part of work-life balance if they offer genuine two-way flexibility,” says Matthew Taylor, the government’s lead reviewer of modern working practices. As our previous article set out, the Taylor Review made recommendations designed to improve the working conditions of individuals working in the gig economy, including zero-hours […]

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Arcadia faces legal action by disability rights body

The Disability Rights Commission (DRC) is setting out to fight retail giant Arcadia on behalf of a woman who claims she was unable to shop because she is in a wheelchair. The DRC’s in-house legal team is bringing the case on behalf of Joanne Holland, a wheelchair user, who said she could not get into […]

Cuatrecasas and Uría Menéndez to advise on Spanish construction sale

Cuatrecasas and Uría Menéndez have secured the lead roles advising on the E1.09bn (£740m) sale of the controlling interest in Spanish construction group Corporacion Uniland. The deal, in which a subsidiary of Spain’s third-largest builder, Fomento de Construcciones & Contratas (FCC), purchased a 51 per cent controlling stake in Corporacion Uniland, has created the biggest […]

Power with responsibility

Three recent cases highlight the importance of maintaining fairness when regulating offshore financial services, says David O’Mahony One of the most controversial parts of the climate for those conducting offshore financial services business, particularly for the smaller operator, is the power of the local regulators and the manner in which they carry out their functions. […]

Freshfields, Camerons win Austrian Bank job

Freshfields Bruckhaus Deringer and CMS Cameron McKenna advised on the E650m (£443.3m) sale of all of Austrian bank Raiffeisen International’s shares in JSC Raiffeisenbank Ukraine to Hungarian bank OTP. JSC Raiffeisenbank has a balance sheet total of more than E1.2bn (£820m), and 39 branches. Freshfields Vienna partner Maria Pflügl advised Raiffeisen on both deals. Kiev-based […]

Commission ploughs £3m into legal aid

The Legal Services Commission is making a further 100 grants available to help fund future legal aid solicitors. Each grant could be worth up to £30,000, meaning the total cost be almost £3m. The grants will cover the tuition fees of students on the Legal Practice Course (LPC), as well as 75 per cent of […]

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