Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Mixed ­troubles

Tulkinghorn has noted that the credit crisis and the unstable economic ­climate have different ­consequences for different firms. At Davies Arnold Cooper (DAC) the turmoil has hit the in-house ­football league the hardest. Tulkinghorn has heard that the most contentious topic at the firm is the structure of the league. DAC’s Spanish office has suggested […]

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Opinion: Law firms need to take advantage of tough conditions

The current downturn is starting to bite hard on the legal profession following a near 15-year bull run. The position looks bleak, and this will be brought home when firms prepare first-half figures and realise that the second half will, for most, be worse. However, as always, firms that are well-positioned, well-run and in good […]

City firms scramble to offload office space as market drops

City law firms moving to new premises are facing the uncomfortable reality of paying above-market rents on new office buildings while struggling to sublet existing premises. The worst hit will be firms such as Reed Smith, which signed up for 155,000sq ft in Broadgate Tower in January this year, when prices were considerably higher than […]

Lovells checks in for Deloitte to aid on buy-to-let hotel group wind-up

Lovells has been drafted in by liquidator Deloitte to advise on the administration of buy-to-let hotel group GuestInvest. The company, which allowed private individuals or businesses to buy a ­luxury hotel room and earn money from the rental income, went into administration at the start of the month. The Lovells team, which is advising Deloitte […]

Law Society to review regulation for top firms

The Law Society has commissioned a review which could see solicitors at large corporate firms fall under a separate regulatory regime from those on the high-street. The profession-wide review of solicitor’s regulation and will also specifically examine whether the existing Solicitors Regulation Authority (SRA) and Law Society regulatory structures are suitable for the risks associated […]

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