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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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Moore & Blatch poach Capsticks partner to launch new department

Southampton firm, Moore & Blatch has poached a partner from specialist clinical negligence firm Capsticks to head up a new medical negligence department. Tim Spring, a Capsticks partner for the past eight years, has worked primarily for the NHS in his time at the 19-partner London firm. He will, however, be required to ‘switch sides’ […]

Shearmans set to vote on Chiomenti merger

Shearman & Sterling is on the verge of voting on a merger with Italian firm Chiomenti e Associati. The vote will be the culmination of talks between Shearmans and the corporate and commercial firm, which have been on-going since March. Chiomenti recently acted on behalf of Italian state-owned electricity company Enel on the world’s largest […]

It's been a bad week for

Deaf people, who cannot become jurors because of the sanctity of the jury room, according to Judge Shirley Anwyl QC of Woolwich Crown Court. The reason given for the decision was that the sign language interpreter, as a 13th person, would not be permitted to enter the jury room. However, Lord Irvine is currently considering […]

Litigation Writs 15/11/99

Morgan Construction Vo, of Massachusetts in the US, is suing Kvaerner Metals Davy of Stockton-on-Tees, seeking injunctions restraining it from keeping, using or disposing of any documents belonging to Morgan, and from making use of confidential information. Morgan also seeks delivery of all articles and materials in Kvaerner’s possession whose use or disposal would contravene […]

A&O adds to Hong Kong office as insolvency market heats up

Allen & Overy is expanding in Hong Kong to cash in on lucrative litigation work. It has shipped out insolvency litigator Andrew Jeffries, who is a partner at A&O’s London office. Jonathan Hitchin, partner in A&O’s Hong Kong litigation and dispute resolution team, says: “For better or for worse there is a good deal of […]

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