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The Guernsey Revenue Service has today announced some amendments to Guernsey’s economic substance legislation. Guernsey’s economic substance legislation is contained in The Income Tax (Substance Requirements) (Implementation) Regulations, 2018, as amended (the Regulations), which took effect in Guernsey on 1 January 2019. Broadly, the Regulations apply to companies that are tax resident in Guernsey and […]

General Counsel Barometer reveals major expansion of legal operations in Europe

The General Counsel Barometer 2019, published with The Lawyer, shows that GCs are expected to play a more strategic role in their organisations, a trend that has increased since it was reported in the General Counsel Barometer 2017. The study explores how the role of a GC has changed to adapt to the evolving complexities […]

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Clifford Chance loses fourth US litigator this week

Clifford Chance has suffered its fourth litigation defection in New York in days. Clifford Chance loses fourth US litigator this week” />Clifford Chance has suffered its fourth litigation defection in a week. New York class action partner James Moyle moved to US firm Morgan Lewis yesterday. Earlier today, The Lawyer revealed that New York litigation […]

Cleary, Dewey, Milbank cut associate bonuses

Cleary Gottlieb Steen & Hamilton, Dewey & LeBoeuf and Milbank Tweed Hadley & McCloy have matched the new market rate for year-end associate bonuses. Both firms will pay associates bonuses ranging from $17,500 for the class of 2008 and up to $32,500 for the class of 2000. Milbank and Cleary have matched the precedent set […]

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Offshore firm Conyers Dill & Pearman is launching in Brazil following an upsurge in investment flowing in and out of the country. Conyers Dill e Pearman (Brazil) Servicos de Consultoria will open today (1 December), with partner Alan Dickson running the office as managing partner. He will be joined by partner Benjamin Dyer, who is […]

Number of High Court IP cases rockets 83 per cent

Intellectual property (IP) disputes in the High Court have shot up by 83 per cent in the past year as businesses move to protect their IP rights in the downturn. Judicial statistics show that 422 IP cases reached the High Court in 2007 – up from 230 in 2006. Patents and registered design cases rose […]

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