In brief: Law Society votes to go on the record

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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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In brief: Lowe gets Society's seal of approval

Veronica Lowe’s record as head of the beleaguered Solicitors Complaints Bureau was applauded by the Law Society Council on Thursday. Lowe stood down from her post as head of the bureau at the end of October and will leave the Law Society at the end of the year. Paul Pharaoh, chair of the adjudication and […]

NY firm shuts down

New York has witnessed another dissolution with established general practice Townley & Updike announcing plans to close its doors at the end of the year. The 20-member partnership, due to vote on a draft plan for dissolution last week, had failed in its attempts to secure mergers with Coudert Brothers and Winthrop, Stimson, Putnam & […]

…but it also costs

The financial difficulties facing small law firms in the UK was revealed in the end of year profitability study by consultants Grant Thornton. The survey backs up the findings of The Lawyer/Coopers & Lybrand study earlier this year which sounded alarm bells for smaller practices. With partners earning around £23,000 in one in four small […]

Bid farewell to Temple

BEFORE moving to Holborn Chambers a year ago, 3 Kings Bench Walk was experiencing the normal remuneration and payment delays expected in a criminal/common law set predominantly reliant on legally aided work. In addition, the Inn’s rents were being raised to market levels, and remained there while market levels dropped. Increasing uncertainties at the Bar […]

Responsibility for 'administering' justice

The Lord Chancellors’ Department and the Home Office are set for a confrontation with magistrates court administrators over proposals for changes in magistrates court enforcement procedures (The Lawyer 12 December). Mr Justice Popplewell has given leave for judicial review to be sought of plans for a shift of responsibility in respect of enforcement work. The […]

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