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Latest Briefings

Can settlement agreements be regulated credit agreements? High court decides

By Emily Morton Can settlement agreements be regulated credit agreements, and are lenders at risk of falling foul of the provisions of the Consumer Credit Act 1974 (CCA)? In CFL Finance Ltd v Bass & Others [2019] EWHC 1839 (Ch) the Court looked into whether settlement agreements need to comply with the CCA, and whether their […]

Spotlight on automotive industry: Introduction to the series and financing

By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

I am worried that a trustee has mismanaged my trust fund. What can I do?

By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

By William Jean-Baptiste, Eléonore Galleron On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law) to implement the Council Directive (EU) 2017/952 of 29 May 2017 (ATAD 2 or the Directive) into Luxembourg domestic law. As a reminder, ATAD 2 constitutes an update of the Council Directive (EU) 2016/1164 of 12 July […]

Myth busting Jersey trusts and foundations

By Josephine Howe Some may think trusts and foundations are only used by very wealthy people or families, or that by putting assets into a trust or foundation in international finance centres (IFCs) like Jersey, then they are avoiding tax. Some claim offshore trusts and foundations are secretive, and they are used for criminal activity; […]

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Eversheds acquires Linsley & Mortimer

Eversheds has snapped up Newcastle firm Linsley & Mortimer to boost its local insurance practice. The three-partner firm, which counts CGU and Iron Trades among its clients, began talks with Berrymans Lace Mawer in June 1999. But by September, negotiations were called off at the last minute. According to David Weatherburn, head of insurance and […]

Shoosmiths property partner defects to Warner Cranston

City firm Warner Cranston is taking on a new commercial property partner from nat-ional practice Shoosmiths. Mary Anderson is joining Warner Cranston’s Coventry office after spending six years as a partner at Shoosmiths in the Midlands. Before that Anderson spent six years as a partner at Mishcon de Reya in London. Anderson specialises in major […]

Denton Wilde Sapte scores government PPP hat trick

Denton Wilde Sapte, Freshfields and Simmons & Simmons have beaten off four firms to win places on the Treasury Solicitor’s first Private Public Partnership (PPP) panel. The firms will handle all PPP government work and will deal predominantly with the Home Office. The firms won places after undergoing a lengthy tendering process beginning in February, […]

Akin Gump merges to boost healthcare dept

Washington DC firm Akin Gump Strauss Hauer & Feld is merging with an 11-partner healthcare firm, making its health industry practice one of the largest in the US. The link-up with Green Stewart Farber & Anderson boosts Akin Gump’s national practice to more than 40 lawyers. The firm already represents a broad range of healthcare […]

Nabarros named on DfEE consultant list

Leading public sector firm Nabarro Nathanson has been named in the Department of Education and Employment’s (DfEE’s) list of providers and consultants. The firm is among those chosen by School Standards Minister Estelle Morris to deal with issues arising from an increasing number of local authority interventions in-volving failing and under-achieving schools. The School Standards […]

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