Police seize stolen Da Vinci painting from HBJ Gateley Wareing

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Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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City firms show caution over rushing into liberalised Indian market…

UK firms are firming up their plans for entering the Indian market after Indian law minister Hans Raj Bhardwaj’s announcement that the country’s legal market is to open. As first revealed on www.the lawyer.com (25 September), Bhardwaj said India will allow foreign firms to establish offices offering only foreign law capabilities, although a timetable for […]

Rope and glory

After a night spent watching too many Stallone/Schwarzenegger action adventure flicks, we can probably all admit to dreaming of escaping that tedious boardroom meeting with a daring base jump out of the window. However, few can claim to have actually gone through with such a manoeuvre. Lovells lawyers have obviously been watching far too many […]

Lovells, O’Melveny pave way for Prudential’s South African tie-up

Lovells and O’Melveny & Myers have steered a landmark joint venture between UK insurance giant Prudential and its South African counterpart Discovery. Under the terms of the deal the two insurers each own a 50 per cent stake in PruProtect, a new company established to write UK life assurance business. As part of the new […]

Should I stay or should I go?

Question. I am a senior associate in the finance team at a top 20 City firm and my supervising partner has just told me that he has resigned to move to a US firm. Should I move with him? Question: I am a senior associate in the finance team at a top 20 City firm […]

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