Latest Briefings

An apple a day keeps taxation away?

The General Court (GC) of the European Union ruled in favour of Apple in the state aid case regarding Apple’s Irish tax structure, annulling the 2016 decision of the European Commission (EC). As a result, Ireland is at present not obliged to reclaim the amount of EUR 13 billion from Apple. The decision is not yet final due to the EC’s right to appeal.

Service out: helpful rulings for claims involving international finance

In the recent related cases of Punjab National Bank International Limited v Vishal Cruises (Private) & others and Punjab National Bank International Limited v Passat Kreuzfahrten GmbH & others, the defendants’ challenges to jurisdiction were rejected. In so doing, the English Commercial Court provided helpful rulings for international banks in the context of applications to serve proceedings out of the jurisdiction, including the place for performance of guarantees, compliance with laws local to the finance obligors, and in relation to service under the Hague Convention.

Furloughed employees redundancy pay protected

The government has announced that it is introducing a new law which will require that redundancy pay for employees on furlough leave is based on their normal rate of pay.

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Linklaters hires Jim Wadia as COO

Linklaters & Alliance has appointed Jim Wadia, former worldwide managing partner and chief executive officer of Arthur Andersen, as a non-lawyer chief operating officer (COO). He will be part of Linklaters‘ senior management team, working with senior partner Anthony Cann and reporting to managing partner Tony Angel.Cann said there was a firm-wide consensus on Wadia’s […]

Comment

The Auld report on the criminal courts is already proving controversial. Much heralded, and supposedly much delayed, the report of Lord Justice Auld’s review of the criminal courts – all 700 pages of it – has finally seen the light of day early. It is vital that the bar should respond to the challenges set […]

The regions' finest

The new edition of Chambers has been released and the regional bar has come out glowing. The Lawyer gives a round up of the old and new faces that have made an appearance The latest edition of Chambers shows the stalwarts of the regional bar making a strong showing. For commercial litigation on the Western […]

Sullivans and Lovells gain from German defections

Sullivans gains German capability in Frankfurt; Lovells hires trio from Wessing UK and US firms are continuing to poach German lawyers with Sullivan & Cromwell and Lovells becoming the latest to pick up partners defecting to Anglo-Saxon firms.New York firm Sullivan & Cromwell is hiring its second German lawyer following the recruitment of the Goldman […]

RBS puts squeeze on as it shakes up legal panel

Biggest reshuffle since NatWest link-up sees bank throw open the doors to fifteen City law firms The Royal Bank of Scotland (RBS) has set the wheels in motion for its biggest legal shake-up since its merger with NatWest.Around 15 firms have been asked to pitch for a place on the bank’s corporate banking and financial […]

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