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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

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 […]

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2 Gray’s Inn collapse hands 15 to 4KBW

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LLST chief calls for advice centre funding overhaul

With an increasing number of people joining job queues and getting their houses repossessed, the demand for free social welfare legal advice has never been greater. So it is reassuring to know that donations from the 5th London Legal Sponsored walk, which raises money for the capital’s legal advice centres, made £380,000 – the highest-ever […]

Spain: Green with energy

Spain has led the way in renewable energy, but the financial crisis coupled with regulatory change is having an impact. Will Spain’s ‘green’ commitment hold firm? asks Luke McLeod-Roberts One of the more romantic images of Spain is the figure of Don Quixote astride a trusty steed against a backdrop of windmills bleached by the […]

Mishcons snares Hunter for construction role

West End firm Mishcon de Reya has hired Finers Stephens Innocent (FSI) partner Simon Hunter to head its construction team. The newly created position will see Hunter head a team of three partners. At FSI, Hunter led the construction practice for three years. He specialises in contentious and non-­contentious issues and will form part of […]

Ashurst scoops lead role on M25 widening project

Ashurst client Connect Plus consortium has reached financial close on the £6.2bn M25 widening project. The deal, which obtained £1.3bn in financing from a group of 16 commercial banks and the European Investment Bank (EIB), is one of the few large-scale PFI infrastructure deals to close since the onset of the global financial crisis. Moreover, […]

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