Taking a step in the right direction

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Latest Briefings

Supreme Court upholds NCLAT judgement ruling that insolvency proceedings may be invoked against corporate guarantor before proceeding against the principal debtor

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 […]

Cross-border transactions with related parties on the tax radar in 2019

By Branimir Rajsic The Serbian Tax Administration (the “TA”) recently issued the annual plan on tax audits for 2019 (“Plan”), published on the TA’s website. According to the Plan, the focus will be on the following: taxpayers incorporated by non-residents with significant related-party transactions, in particular control of the application of double taxation treaty provisions, taxpayers […]

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O Sols Mio

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A feeling of security

With the rise in web-based legal transactions, law firms are becoming increasingly conscious of online security. Fenella Quinn reports on the concerns and the latest developments in e-security If you or I contemplated the idea of some unpleasant youth hacking into our personal email, we would probably dismiss the notion without too much concern, knowing […]

Weil Gotshal partner quits to join MoFo

Silicon Valley firm Morrison & Foerster (MoFo) is poised to boost its London office with the arrival of a new telecoms partner from Weil Gotshal & Manges. David Naylor is a four-year qualified senior associate at the London office of Weil Gotshal but is talking to MoFo about a partnership after the firm lost its […]

Slaughters makes M&A comeback

Julia Cahill reports on Slaughters’ success in the latest M&A half-year league tables and asks: where is Lovells?

A&O eyes up south London for new site

Allen & Overy may have become the first magic circle firm to move south of the river when it is pushed out of its One New Change headquaters in 2006. Landlord the Bank of England has announced plans to sell the site when the lease runs out. The firm has set up a subcommittee to […]

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