Review of the year 2003: Regulating the legal profession

Joanne O’Connor recaps the biggest stories from 2003 – all revealed in The Lawyer

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Latest Briefings

Can settlement agreements be regulated credit agreements? High court decides

By Emily Morton Can settlement agreements be regulated credit agreements, and are lenders at risk of falling foul of the provisions of the Consumer Credit Act 1974 (CCA)? In CFL Finance Ltd v Bass & Others [2019] EWHC 1839 (Ch) the Court looked into whether settlement agreements need to comply with the CCA, and whether their […]

Spotlight on automotive industry: Introduction to the series and financing

By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

I am worried that a trustee has mismanaged my trust fund. What can I do?

By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

By William Jean-Baptiste, Eléonore Galleron On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law) to implement the Council Directive (EU) 2017/952 of 29 May 2017 (ATAD 2 or the Directive) into Luxembourg domestic law. As a reminder, ATAD 2 constitutes an update of the Council Directive (EU) 2016/1164 of 12 July […]

Myth busting Jersey trusts and foundations

By Josephine Howe Some may think trusts and foundations are only used by very wealthy people or families, or that by putting assets into a trust or foundation in international finance centres (IFCs) like Jersey, then they are avoiding tax. Some claim offshore trusts and foundations are secretive, and they are used for criminal activity; […]

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CC raids MoFo for competition star

Clifford Chance has poached rated competition partner Thomas Vinje from the Brussels office of Morrison & Foerster (MoFo). Vinje’s appointment follows the defection of Clifford Chance partner Marlene Van Kerckhove, who left to set up a Brussels office for Arnold & Porter in October. Vinje was one of just two partners in MoFo’s small Brussels […]

Corporate/Competition Review 2003: Corporate comment

Aside from the battle for Safeway and the Carlton-Granada merger, it has been a pretty quiet year in corporate, even if, like Allen & Overy (A&O), you insist on acting for more than one party on deals. It is safe to say that if you are not a private equity lawyer, you have had plenty […]

Eversheds dumps London private client practice

Eversheds has decided to cease its private client function in London and has reached an agreement to transfer the practice to Dawsons. Under the arrangement, Eversheds partner Neil Morris will be joining Dawsons from 30 April 2004. Partner Nigel Porteous will move to Maples & Calder in the Cayman Islands. First reported on www.thelawyer.com, 12 […]

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