HMRC salaried partner tax proposals slammed ahead of 6 April deadline

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Federal agencies adopt final Volcker Rule and extend conformance period

Federal regulators have voted to approve the ‘Volcker Rule’, more than two years after the rule’s proposal in 2011. The Fed, FDIC, OCC, CFTC and SEC issued adopting releases and jointly approved a final rule that generally includes tougher restrictions on banking entities’ proprietary trading activities than those proposed in 2011, but expands the types […]

CMS takes Dundas after “fastest vote in history”

If the legal market had its own Guinness Book of Records, tiny donkeys and dogs on ropes tight would be replaced with speedy takeover votes and the greatest-ever number of merger chats. Sadly it only exists in our anorak heads, but it looks like partners at CMS Cameron McKenna and Dundas & Wilson are fishing […]

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Eversheds elects Paul Smith as chairman as Heaps stands down

Eversheds litigation partner Paul Smith has been elected as the firm’s new chairman, beating corporate partner Robert Pitcher in a partnership vote last week. Smith will take up the role on the 1 May 2014 and hold the position for four years. Current chairman John Heaps did not stand for re-election. Smith was the client […]

London

Weil left with one City tax partner as Ropes picks up tax ace Brenda Coleman

Weil Gotshal & Manges has been left with one tax partner in London after Ropes & Gray hired its star tax partner Brenda Coleman. Coleman will take up her new role on Monday (16 December) after five years at the firm, which she joined in 2008 from Allen & Overy (A&O). She spent 11 years […]

Singapore

Asia moves: 16 December

All the latest partner hires and other appointments within firms and offices in the Asia Pacific region. Australia Herbert Smith Freehills has promoted three lawyers to partner in its employment, pensions and incentives (EPI) practice in Sydney. The new partners are Michael Gonski, Sonia Millen and Drew Pearson. Gonski focuses on senior executive issues, the […]

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