Latest Briefings

Spanish legal regulations on Foreign Direct Investment

Foreign direct investment (FDI) (Inversión Extranjera Directa) involves the transfer of capital by economic entities from one country to another country, with the intention of establishing businesses or subsidiaries there, as well as acquiring or obtaining a relevant shareholding in foreign companies.

British Virgin Islands – Voluntary liquidations for first half-year companies

As annual British Virgin Islands (“BVI”) Registry fees are now payable for those BVI companies that were incorporated or registered in the first half of the year, it is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.

IR35 rules now extended to private sector businesses

The IR35 rules were extended to cover all medium and large organisations in the private sector. Under the reforms these businesses are now responsible for determining whether their contractors fall inside or outside the scope of IR35, rather than the workers themselves.

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Your friendly neighbourhood Law Soc

It appears the Law Society has finally got its act together when it comes to representing the needs of its more commercial members. For years the society has been criticised for being a squabbling mess that only really cared about representing the little people at high street firms and neglecting the needs of the City. […]

Slaughters and Nabarro bag LandSecs demerger

Slaughter and May is advising Land Securities on corporate aspects of its three-way de-merger that the company announced yesterday (15 November). Corporate partner Gavin Brown will be leading the team, while Nabarro expects to be playing a “coordinating role on real estate” aspects of the reorganisation, according to relationship partner Nicholas Vergette. The UK’s largest […]

BAE ‘resets’ legal dept in wake of SFO inquiry

Defence giant BAE Systems has revolutionised its legal team, creating 15 new roles, including the company’s first-ever global compliance chief and its first lawyer in Saudi Arabia. The company saw a Serious Fraud Office (SFO) investigation into its business dealings with Saudi Arabia dropped on Government orders earlier in the year, a decision that Lord […]

Lord Goldsmith urges increase in pro bono work

The former attorney general Lord Goldsmith has called on law students and lawyers to make pro bono an inherent part of legal professional life. Goldsmith, who recently joined US firm Debevoise & Plimpton, said pro bono is “not an add-on to professional life, but an inherent part of it”. “The core responsibility of a lawyer […]

Squire Sanders bags Speechly finance head

Squire Sanders & Dempsey has recruited Speechly Bircham‘s head of finance Andrew Knight. Knight will oversee growth of the firm’s finance practice in the City. He acts as counsel by invitation to the newly formed asset-based lending committee of the Asset Based Finance Association. The London office plans to bolster the team from 40 lawyers […]

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