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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Guernsey’s Ozannes is first to launch in Jersey

Offshore firm Ozannes is to become the first Guernsey outfit to launch an office in Jersey. The new office will be headed by new partner Marcus Stone, who joins from Jersey firm Crills. It will open for business in the autumn. Senior partner Roger Perrot said: “We are delighted to announce our plans for opening […]

CC litigation partner elected LSLA president

Clifford Chance litigation partner Simon Davis (right) has been elected as the new president of the London Solicitors Litigation Association (LSLA), taking over from Lovells’ Graham Huntley. He has been elected for a two-year term following his selection as the LSLA vice-president a year ago. As well as being a member of the LSLA committee, […]

Jones Day raids Heller for China push

Jones Day has bagged the head of San Francisco-based Heller Ehrmann’s China practice, marking the second major lateral hire for Jones Day’s China offices this year. Wen’s practice covers corporate finance, M&A and joint ventures. Prior to joining Heller in 2003, he was a lead partner at the Hong Kong-based Siao Wen & Leung. Wen’s […]

Return to vendor

Instances of product recalls are on the rise causing companies and their insurers to bash out a new regime going forward. Stewart White and Nick Pester report A number of recent high-profile product recalls has reopened the debate over the need for recall insurance and where the legal liabilities lie. Recent research conducted by Reynolds […]

Grapevine

Juicy BlackBerry harvest reaps $200m in fees Juicy BlackBerry harvest reaps $200m in fees Visitors to Wiley Rein & Fielding’s office in Washington DC would be forgiven for thinking they had stepped into a sweet shop in Walt Disney World. “Life’s just one big party here,” says IP partner James Wallace. “There are a lot […]

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