In brief: Dibbs poaches KPMG accountant

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

Contracted out leases: What are they and what happens when they end?

By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

By Marilia Frias, Carolina Moniz Marília Frias, senior associate of the Information, Communication & Technology practice, writes an article dedicated to passenger data protection for air carriers in Portugal for the March/April edition of the Legal Business magazine. In this article, focused in the new PNR Law (PNR – passenger name record ), the lawyer […]

Ministry of Transport and Logistics Notice No. 1426, of 10 April 2019

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Fast track gets piloted after U-turn by Woolf

Lord Woolf has indicated that his proposed fast track for cases in the county courts will be piloted after all, despite his initial objections. Despite constant lobbying from the Law Society, the Legal Action Group, the Association of Personal Injury Lawyers and other professional bodies, neither Lord Woolf, nor the Lord Chancellor Lord Mackay had […]

'Crazy' accounting proposals will hit profit share schemes

Many companies will abandon employee profit-sharing schemes that pay bonuses in shares if they have to follow the Accounting Standards Board’s “crazy” new accounting proposals, say solicitors specialising in the schemes. Representatives of around 70 solicitors belonging to the Share Scheme Lawyers Group have written to the Accounting Standards Board asking it to scrap proposals […]

In brief: Survey shows split decision on elections

Barristers are divided over whether the Bar Council should emulate the Law Society and open up the election of its office holders to all barristers, not just members of the Bar Council. A survey of 1,345 barristers conducted by the Bar Council as part of its investigation into the accountability of the Bar’s ruling body, […]

In brief: Simmons helps out communities body

Simmons & Simmons undertook the legal work behind the setting-up of the Pan London Community Regeneration Consortium on a pro bono basis. The consortium helps voluntary organisations to form partnerships with public and private sector bodies to regenerate local communities. It is funded by the Single Regeneration Budget Challenge and will aim to improve the […]

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