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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Newcastle 12 to form 'superset'

Mass defections from a Newcastle set of barristers are forcing the closure of Westgate Chambers to create the biggest set in the North Eastern circuit. Twelve barristers are due to leave Westgate Chambers on 4 February to join Broad Chare Chambers. The latter will then have 46 barristers including three silks. Broad Chare’s head of […]

Gibson Dunn lures top partner from Nabarros

THE London office of top West Coast firm Gibson Dunn & Crutcher is to offer an English law capability for the first time by appointing a Nabarro Nathanson property partner. Alan Samson is qualified in both UK and US law and specialises in property finance. He is expected to join Gibson Dunn in the spring. […]

Simmons acts on track sharing deal

Simmons & Simmons and Newcastle firm Dickinson Dees have completed work on a ground-breaking £98m public private partnership deal to put into place a Sunderland metro extension. The deal was unique because it will allow the running of lightweight metro trains on the national rail network – the first example of track sharing in the […]

Technology, Media and Telecommunications

Olswang advised the majority shareholders of Microcosm Communications on its sale to Conexant Systems. The company was sold for $128m (£80m) with contingent future payments which could inflate the final sale price to $180m (£112m). Heather Wilby, corporate partner at Olswang, headed a four strong team on the deal. Osborne Clarke acted for the outside […]

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UK trio set to help propel German tax firm into City

Top German tax firm Haarmann Hemmelrath has named the three UK lawyers who are joining to help the firm open a London office. Corporate law specialist Philip Newhouse arrives after 15 years as a partner at Taylor Joynson Garrett, Jay Birch joins from the Manchester office of Hammond Suddards and legally-qualified chartered accountant Peter Vaines […]

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