Latest Briefings

An apple a day keeps taxation away?

The General Court (GC) of the European Union ruled in favour of Apple in the state aid case regarding Apple’s Irish tax structure, annulling the 2016 decision of the European Commission (EC). As a result, Ireland is at present not obliged to reclaim the amount of EUR 13 billion from Apple. The decision is not yet final due to the EC’s right to appeal.

Service out: helpful rulings for claims involving international finance

In the recent related cases of Punjab National Bank International Limited v Vishal Cruises (Private) & others and Punjab National Bank International Limited v Passat Kreuzfahrten GmbH & others, the defendants’ challenges to jurisdiction were rejected. In so doing, the English Commercial Court provided helpful rulings for international banks in the context of applications to serve proceedings out of the jurisdiction, including the place for performance of guarantees, compliance with laws local to the finance obligors, and in relation to service under the Hague Convention.

Furloughed employees redundancy pay protected

The government has announced that it is introducing a new law which will require that redundancy pay for employees on furlough leave is based on their normal rate of pay.


Finance deals round-up

Allen & Overy (Anne-Claude Lutz) advised UniCredit Banca Mobiliare (UBM) on ATAC’s issue of €110m (£75.5m) floating rate notes, due 2008. ATAC is responsible for the planning, management and control of public transport in Rome. Clifford Chance advised ATAC. Linklaters (Jeremy Gewirtz) advised the lenders, led by the Royal Bank of Scotland, who provided facilities […]

Building Bridges?

The Pre-Action Protocol for Construction Disputes aims to make claims more manageable and encourage early settlements, but is it achieving the opposite? Rachel Mockler reports The Pre-Action Protocol for Construction and Engineering Disputes is more than two years old. It began as part of Lord Woolf’s vision of the litigation world being a place where […]

Taylors wins landmark fees uplift in Lords ruling

In a bizarre costs action before the Lords, a conditional fee arrangement (CFA) that was initially deemed invalid has enabled a law firm to get a landmark 100 per cent uplift on its fees.The Clerk of Parliaments – the Lords’ equivalent of a costs judge – ruled in February 2002 that a textile company, Designers […]

Bevan Ashford scoops record £700m Scottish healthcare PPP

Bevan Ashford has been appointed joint legal adviser to the largest NHS PFI/PPP scheme in Scotland. Greater Glasgow NHS Board, responsible for the entire Greater Glasgow NHS system, including four Trusts, appointed the Bristol-based firm following a successful tender in January. Also reported to be tendering were Allen & Overy, Eversheds, Freshfields Bruckhaus Der-inger, Linklaters, […]

Councils drive down legal costs with FirstLaw partnership

Fees paid to barristers instructed by the 10 Greater Manchester councils and two Lancashire unitary councils are due to be reduced by a quarter, creating a saving of around £250,000.Costs are being driven down through an initiative to standardise fees across the consortium of councils, with a third party brought in to manage the system.The […]

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