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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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Director leaves after strategy dispute

John Malpas reports THE UK’S largest set has parted company with the marketing director it appointed just six months ago to raise its profile. Five Fountain Court in Birmingham says it is not planning to replace Olivier Morel, who joined the set to give “structure and depth” to its marketing policy. Morel is the second […]

Laserforms for Windows scoops excellence award

Helen Sage reports Laserforms for Windows, the software for filling out forms on computer screen, has won the Outstanding Technology Award from the Society for Computers and Law. The prestigious award was presented to Laserforms’ managing director Barry Hawley-Green by Lord Woolf on 5 February. The ceremony took place at the Law Society. John Irving, […]

Charities expert migrates to new set

John Malpas reports CHANCERY set 3 New Square has taken on charities expert Hubert Picarda QC following his decision to leave his own newly-merged set. Picarda’s move ends a flurry of activity in the Chancery Bar prompted by the merger of 10 Old Square with 8 Stone Buildings at the beginning of the year. The […]

Bacfi to fight plans on deferred call to Bar

EMPLOYED commercial barristers are gearing up for a campaign against the Bar Council’s plans to defer call to the Bar for six months after training. The Bar Association for Commerce and Industry (Bacfi) has highlighted the threat to the employed Bar posed by the deferral plan which was approved in principle by the Bar Council […]

Outrage at magistrates' finance freeze

A STORM is brewing over a government decision to freeze millions of pounds-worth of magistrates courts building work in order to “privatise” the schemes under its Private Finance Initiative (PFI). Officials from magistrates courts committees (MCCs) and local authorities are outraged by the move and are seeking urgent meetings with the Lord Chancellor’s Department, now […]

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