Law Society

Review of the year

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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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Corporate roundup

Review of the year Goodbye Patrick DraytonPatrick Drayton left the Takeover Panel and new director Philip Remnant joined, facing an uphill struggle to rebuild the panel’s tattered image. Dearbail Jordan said: “Remnant is going to have to combine the brains of Stephen Hawking with the chocolate-smooth skills of Matthew Freud.” (5 February) Abbey roadblockWhen the […]

Martineaus loses De Montfort to Eversheds

Eversheds has beaten Birmingham rival Martineau Johnson to win work for De Montfort University. Martineaus has worked as its sole legal adviser since 1988, but this year the corporate services panel opened the position to competitive tender.An Eversheds team covering all legal requirements, and led by chairman of the education group John Hall and client […]

Real estate roundup

Review of the year Camerons on property defensive as Vivian quitsIn a move that shook the market, CMS Cameron McKenna lost highly-rated and longstanding property partner Jon Vivian to SJ Berwin after he tendered his resignation in February. The move was believed to be prompted by a de-emphasis on property, which the firm denied. Vivian […]

Finance review

Review of the year All things taken into consideration, it’s been a pretty good year for most finance practices. A steady stream of high-profile debt financings for major corporate transactions at the start of the year have given way to refinancings and restructurings, in particular since the events of 11 September. Allen & Overy (A&O) […]

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