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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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Deals comment

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Banking & Finance

The banking and finance market is in a constant state of flux as new technologies, markets and products are developed. This Banking & Finance Special Report reflects those changes, looking at the new innovations in the market. In banking, the demand for leveraged buyouts (LBOs) has grown exponentially in the past few years, with the […]

No grace from gnome

Tulkinghorn did the honourable thing and accompanied his jittery scribes through the looming arches of the Royal Courts of Justice to Court 61 after they found themselves in a spot of bother recently. The court is located on the tenth floor of the Thomas More building at the back of the court complex. After a […]

Grapevine

Property star Julian Holy lost his appeal to the High Court last week (11 May) against the Law Society’s decision to strike him off the solicitors’ roll. Holy’s holey defence Property star Julian Holy lost his appeal to the High Court last week (11 May) against the Law Society’s decision to strike him off the […]

Eversheds and Marley family defeat Familyman Barrett

Eversheds has won a High Court victory for the family of Bob Marley against the singer’s former guitarist, Aston “Familyman” Barrett. Mr Justice Lewison this morning (15 May) handed down a judgment finding that Barrett and his late brother Carlton “Carly” Barrett were not parties to a 1974 contract Marley had with his record company […]

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