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Latest Briefings

Luxembourg financial sector launches online portal for Brexit notifications

By Rebecca Mace-Balebs On 2 August 2019, the Luxembourg Supervisory Authority of the Financial Sector (CSSF) published press release 19/41 in respect of the opening of its online portal, eDesk, for the purpose of mandatory notifications in the context of Brexit. In its previous press releases (19/33 and 19/34), the CSSF announced that: firms licensed […]

Serbia tops global greenfield FDI performance index

By Petar Mitrovic, Dragan Karanovic Serbia achieved the top spot at the Greenfield FDI Performance Index for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of […]

Drafting employment contracts

By Martin Chitty, Siobhan Bishop In this podcast we discuss drafting employment contracts, focusing on some of the tricky issues at the start and end of the employment relationship. We cover how to avoid the pitfalls with references, contract variation, termination and bad leavers clauses. Click below to read more.

Bermuda – Open for fintech business

By Chris Garrod Bermuda has a long history of being a leading jurisdiction, quick to meet the changing needs of business. From captive insurance to alternative investments, the island has welcomed innovation, with its government and the private sector successfully working together to foster thriving, but well-regulated, new markets. Blockchain and digital assets are no […]

Bermuda – Law and Practice

By Julie E. Mclean, Angela F. Atherden 1.0 Aircraft and Engine Purchase and Sale 1.1 Sales Agreements Taxes/Duties Payable Upon Execution of the Sales Agreement No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and […]

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Watson Burton plugs leadership vacancy

Watson Burton has named veteran corporate head Gillian Hall as its new senior partner following a two-month period when the firm had no clear leader. Hall, who joined the firm in 1988 and has headed the corporate practice for 18 years, was elected following an uncontested election. The firm had been without a leader since former senior partner Rob Langley stood down […]

Burges Salmon boosts insolvency team with Taylor Wessing hire

Burges Salmon has hired Taylor Wessing’s head of restructuring and corporate recovery Patrick Cook as a partner in its corporate turnaround and insolvency team. Prior to joining the City firm, Cook established Osborne Clarke’s insolvency practice before going on to lead the Bristol firm’s London restructuring and insolvency team. Cook will join Burges Salmon at […]

1

Catastrophe denied as Nixon Peabody weather exits

Nixon Peabody attempted to put a positive spin on the departure of 14 partners in little more than a month when it insisted the exits were not “catastrophic”. The firm’s recent heavyweight losses include Mats Carlston, previously head of ­global finance at Nixon Peabody, who joined Pillsbury with a group of 14 lawyers last week. […]

Simon Bromwich

Ashurst’s revenues fall 3 per cent as PEP nudges up

Ashurst has reported a turnover drop of just under 3 per cent for the 2009-10 financial year, with the total falling from £301m in 2008-09 to £293m. At the same time the firm’s average profit per equity partner (PEP) figure rose by just over 2 per cent, from £673,000 to £689,000. The equity spread was […]

Nicole Paradise
2

Work Life Quiz: Nicole Paradise, Nabarro

What’s your favourite ­restaurant? Cecconis in Mayfair. What was your first-ever job? Sales assistant in Sacha shoe shop, King’s Road. What was your worst ­experience as a trainee? Being followed by a private detective hired by the wife of the firm’s client, who thought I was the other woman in his divorce. I have not […]

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