Lovells posts huge increase in profit

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Latest Briefings

New compulsory Bermuda bye-law filing requirements

The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 as regards the filing of information contained in bye-laws and applies to all Bermuda companies having a share capital. Under transitional provisions, all such companies will have a period of six months from […]

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

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Shepherds’ pre-LLP turnover soars 13 per cent

Scottish firm Shepherd & Wedderburn has posted robust financial figures for 2005-06, with annual fee income rising by 13 per cent to £34.6m. The firm also confirmed that it was planning to convert to limited-liability partnership status later this year, as first revealed on www.thelawyer. com (16 May). Shepherds said a separate figure that would […]

The Lawyer Awards 2006

Due to a technical error, Clifford Chance was omitted from the shortlist for Finance Team of the Year – Capital Markets/Structured Finance and Research in Motion was omitted from In-house TMT Team of the Year. This has now been corrected.

SIF chief elected Law Soc deputy VP

Solicitors Indemnity Fund (SIF) chair Paul Marsh has been elected as the next deputy vice-president of the Law Society, beating candidates including former Beachcroft managing partner Bob Heslett and maverick Council member Christopher Digby-Bell. Marsh’s election was announced this morning (18 May). A property lawyer with Kingston firm Carter Bells, Marsh has been chair of […]

Pillsbury overhauls management

Freshly merged Pillsbury Winthrop Shaw Pittman is hoping to ensure a more dramatic rise up the Am Law 100 rankings next year after taking the dramatic step of overhauling its management. San Francisco-based Pillsbury Winthrop, which merged with Washington DC-headquartered Shaw Pittman last year, rose 12 places in the rankings to place 30th this year […]

Goodwin Procter launches in LA

Goodwin Procter also has its sights set on rising up the Am Law 100 rankings, but rather than utilising a management shake-up, the Boston-based firm has opted for good, old-fashioned rapid expansion. And it has raided Pillsbury to assist its plans. In fact, Goodwin has taken six partners from Pillsbury and two partners from Palo […]

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