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By Patrick D Dolan What legislation governs securitisation in your jurisdiction? Has your jurisdiction enacted a specific securitisation law? Securitisation has developed in Switzerland without specific supporting legislation, and there is no regulatory authority for securitisation transactions. Accordingly, the general legal framework is relevant as for any other financing transaction, such as the Swiss Code […]

Tax Newsletter: Switzerland adopts new corporate tax reform

By Maurus Winzap, Robert Desax On 19 May 2019 the Swiss voters approved the new corporate tax reform. The reform will set the basis for new rules on Swiss corporate taxation and will secure and enhance Switzerland’s overall attractiveness as a business location. The measures will enter into force in 2020. The new proposal aims […]

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Project Finance 2019: Mozambique

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Property

Masons advised the DSS on a £160m contract with the Newcastle Estate Partnership (NEP) for the Newcastle Estate Development Project. NEP is a joint venture company between AMEC Developments and the Building & Property Group and was advised by Berwin Leighton. Funding was provided by the Royal Bank of Scotland, advised by Allen & Overy.

SMI could be a wasted chance

The failure to implement a set of Standard Mortgage Instructions could spell disaster for high street solicitors, warns Chris Jowett. Chris Jowett is Halifax group solicitor and chairman of the Mortgage Lenders Legal Advisory Panel. More than a decade ago, the Farrand committee set up in the mid-1980s by then Lord Chancellor, Lord Hailsham to […]

In brief: Memorial service for meningitis victim

A memorial service for Charlotte Spaldin will be held at St Bride’s church on Fleet Street at 12 noon on Wednesday this week. Spaldin was an assistant solicitor in Rosling King’s litigation department. She died of meningitis on 19 December 1997.

Top sets combine IT resources

LONDON’S largest chambers, Hardwicke Building, has joined forces with 9 Bedford Row to recruit what is believed to be the Bar’s first ever full-time chambers IT manager. Former London University Astrophysics Department System Manager, Dr Basil Drolias, took up his new post at the beginning of the year, working three days a week at Hardwicke […]

In brief: Nabarros tax ace joins Beachcroft Stanleys

Leading tax lawyer Christopher Cox joined City firm Beachcroft Stanleys last month as a partner from Nabarro Nathanson, where he was also a partner. Cox will head a new commercial tax practice at Beachcrofts. Cox said the merger talks between Beachcrofts, Bristol-based Wansbroughs Willey Hargrave and Manchester’s Vaudreys had not been a ‘major factor’ in […]

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