Financings

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Latest Briefings

Supreme Court upholds NCLAT judgement ruling that insolvency proceedings may be invoked against corporate guarantor before proceeding against the principal debtor

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

Cross-border transactions with related parties on the tax radar in 2019

By Branimir Rajsic The Serbian Tax Administration (the “TA”) recently issued the annual plan on tax audits for 2019 (“Plan”), published on the TA’s website. According to the Plan, the focus will be on the following: taxpayers incorporated by non-residents with significant related-party transactions, in particular control of the application of double taxation treaty provisions, taxpayers […]

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Born to be a barrister

Lord Brennan talks to Matheu Swallow about being back in full-time practice and experiencing his reforms first hand. Lord Brennan is already halfway out of the door as he draws the interview abruptly to a close. “I’ve got to go, it’s two o’clock. Otherwise I’ll be shot,” he says. Brennan is in a mad dash […]

Norton Rose gets new heads for Paris and Moscow offices

Norton Rose is shaking up its international offices by replacing the managing partners at its Moscow and Paris operations. Valentina Glukhovskaya, a corporate finance partner specialising in construction and real estate, will take over the Moscow post on 1 May from Simon Renton, who has led the office for the last four-and-a-half years. Corporate partner […]

Bevan Ashford swoops on City for projects and healthcare

Top South-West firm Bevan Ashford is raiding two City firms for partners to boost its projects and healthcare teams. Simmons & Simmons banking partner Helen Hancock is leaving for Bevan Ashford’s Bristol office, where she will be part of the growing practice dealing with private finance initiatives (PFI). She has been a partner at the […]

Vizard Oldham woos leading niche firms

London firm Vizard Oldham is merging with two leading niche firms to boost its professional indemnity and property practices. The firm, which was formed out of the split of Vizards in May last year, is swallowing top professional indemnity firm Hartfields and specialist property practice Derek Sendrove & Co. Vizard Oldham, which now has 25 […]

Rozenberg

This is positively the last time I shall make any jokes about the Lord Chancellor promoting any Tom Dick or Harry to the higher judiciary. But the appointments of Lord Bingham as the senior Law Lord, Sir Richard Scott as the junior Law Lord and Lord Woolf as Lord Chief Justice of England and Wales, […]

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