Flotations

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Latest Briefings

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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Dirty laundry in public

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Streeter moots legal aid rethink

Gary Streeter has pledged to “look again” at the Government’s controversial proposals to make legally aided defendants and litigants on income support pay a minimum contribution during a fact-finding visit to a law firm. The parliamentary secretary at the Lord Chancellor’s Department was invited to visit Croydon firm Atkins Hope by partner Charlotte Collier, who […]

Clarifying fee arrangements

Much has been written about the subject of conditional fee arrangements. The views on their value to the public and lawyers will continue until a substantial number of cases have run their course and the results have been evaluated. One important point needs clarifying in the article in the Lawyer 8 October by Grania Langdon-Down […]

Projects

Herbert Smith advised the Norfolk & Norwich Health Care NHS Trust on its signing of a £193m PFI project to build a hospital for Norwich, the first health sector PFI project. Contractor Octagon Healthcare was advised by DJ Freeman.

Merrill Lynch wins landmark decision on fraud damages

Ashurst Morris Crisp is claiming victory for its client Merrill Lynch after a House of Lords ruling which will see US bank Citibank having to pay the investment bank £14m damages over a fraudulent share sale. In 1989 broker Smith New Court, now owned by Merrill Lynch, paid Citibank Securities £23m for 28 million shares […]

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