Financings

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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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Three form South African giant

Three of South Africa’s largest law firms have joined forces to form one of the top five legal services outfits in the country, with a partner count of more than 60. Finance heavyweight Bowman Gilfillan Haymen Godfrey is joining forces with IP specialists John & Kernick, and shipping, insurance and energy experts Findlay & Tait, […]

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Steel and Morris:Every lawyer's nightmare

Helen Steel and Dave Morris When London Greenpeace activists Helen Steel and Dave Morris were accused of libelling restaurant chain McDonald’s, no one dreamt it would lead to the longest trial in English legal history. Shaun Pye meets the McLibel defence as the duo prepare to enter the Court of Appeal. Observing a recent directions […]

Retailer banking:the (success) story so far…..

There is hardly any area of consumer life that has not had the big brand treatment from major retailers and service companies. Lawyers only need to glance sideways to see Tesco selling cars and computers, American Express buying up accountancy firms in the US and Virgin selling just about everything. It is what the telecommunications […]

Gleiss Lutz senior partners block merger with Stibble

A small minority of senior partners at Stuttgart-based Gleiss Lutz Hootz Hirsch has blocked the firm’s proposed merger with leading continental firm Stibbe Simont Monahan Duhot. The climbdown is partly due to the different approach to risk-taking adopted by senior partners in German firms to that of partners in other European jurisdictions such as the […]

It has been a good week for:

Richard Pearce, head of services to the profession at the Law Society, who was acquitted of stalking a female commuter on a train. Pearce admitted that he had misread the signals from the middle-aged secretary. He thought he was getting the come-on, while she thought he was doing “disgusting things” under the newspaper on his […]

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