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Latest Briefings

The Interest Limitation Rule under the Anti-Tax Avoidance Directive

In 2016, the European Union adopted the Anti-Tax Avoidance Directive (“ATAD”) to combat “aggressive tax planning” as part of the Anti-Tax Avoidance Package. Article 4 of the ATAD includes an Interest Limitation Rule (“ILR”) based on the recommendations set forth in Action 4 of the OECD’s Base Erosion and Profit Shifting (“BEPS”) project. Article 4 […]

Trade secret enforcement in Canada: How rights holders can secure justice

Editor’s Note: this article was originally published in the Winter 2018 edition of The Advocates’ Journal. Since the value of a company is increasingly made up of intangible assets, including intellectual property such as trade secrets, as opposed to tangible (e.g., bricks and mortar) assets, protecting and securing those important assets is vital to a company’s long-term […]

Single EU VAT area. Are you ready?

The biggest reform of the EU VAT rules in a quarter century is on its way. The current VAT system, which is outdated, will be reviewed, impacting businesses performing intra-Union cross-border trade. The EU’s VAT system needs reform. Every year, EU countries lose up to EUR 50 billion due to cross-border VAT fraud, significantly damaging […]

Amending debt terms in CEE/SEE – one region, different regimes

The amending of debt terms is driven by local rules and regional distinctions. Although many CEE/SEE jurisdictions permit amendments to debt terms only after the initiation of court insolvency proceedings (save for consent of all creditors), a number of jurisdictions have implemented tools that allow for amendments also before insolvency proceedings have commenced and without […]

A fair deal for LGPS members?

The Ministry of Housing, Communities and Local Government (MHCLG) has now published its long awaited consultation on changes to the Local Government Pension Scheme (LGPS or the Scheme) to bring the LGPS into line with the requirements of New Fair Deal. Letting authorities and service providers can expect changes to how they approach pension provision and risk sharing on a transfer […]

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Brazilian Senate passes sweeping anti-corruption ‘clean company law’

Brazil’s Senate has passed a piece of legislation that, if signed by president Dilma Rousseff, is expected to drastically change the way local and foreign companies do business in Brazil. The bill, passed on 4 July, is being referred to as the ‘clean company law’. To some extent, it is stricter than the US Foreign […]

Empson

Top leaders are secret politicians

To become a senior partner, you need to be a highly skilled politician who appears to shun politics “The senior partner doesn’t always understand how influential he is. He’s very modest, quite self–effacing … He is not himself a player in that way at all … It’s simply because his own motivations in this world […]

London
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UK top 50 a ‘cash cow’ for PR agencies, claims new research

The legal profession is a cash cow for public relation (PR) agencies, with UK Top 50 spending £3m annually on external PR advice, new research today claims. The research, carried out by Legal News Service (LNS), shows that those firms that regularly instruct an external agency can spend up to up to more than £150,000 […]

SRA reappoints former Herbies partner Plant to chairman role

The SRA has extended the term of office of chair Charles Plant for a year, with the former Herbert Smith litigation partner now stepping down at the end of next year. Speculation had been rife over the future leadership of the SRA after the authority announced in May that its chief executive, Antony Townsend, was […]

DLA Piper to present Baltimore managing partner with ‘Most Admired CEO’ award

DLA Piper has announced that Paul A Tiburzi, managing partner of the firm’s Baltimore office and chair of the State Legislative and Public Policy practice, has been selected to receive the ’2013 Most Admired CEO Award’ by The Daily Record. The honourees will be recognised at an awards reception in Baltimore, Maryland on 19 September. […]

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