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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Set honours human rights star

ASIA’S leading human rights lawyer has accepted an honorary door tenancy at 1 Pump Court. Asma Jahangir, a former Secretary General of the Human Rights Commission of Pakistan, joined the chambers at the beginning of January. In Pakistan, she has acted in cases involving arranged marriages, as well as other areas of women’s rights. As […]

Slaughters and Linklaters scoop mega-merger fees

Linklaters corporate partner Stephen Boughton has scorned reports that the advisory fees for the world’s largest ever deal – the £43bn SmithKline-Glaxo merger – could be as high as £400m. “I can’t understand how they have got such a large figure,” he said. His comments follow a claim by Philip Healey, the editor of Acquisitions […]

Decision fans hot coals of debate

Meanwhile the British Coal decision has prompted further passionate debate over Lord Irvine’s review of conditional fees. Just three hours after the British Coal decision was handed down, the Law Society was publicly claiming the case would never have happened without legal aid. Not surprisingly, the lawyers involved agree that under the Lord Chancellor Lord […]

Age of know-how

In an increasingly competitive and demanding business environment, law firms have come to recognise the economic value of managing the internal knowledge, experience and expertise daily generated and acquired in the course of client work. This “know-how” can become the source of decisive competitive advantages for a firm. Know-how provides the firm with the ability […]

Law Society votes to give itself a face-lift

The Law Society agreed to implement a radical face-lift last week in line with proposals made by business troubleshooter and tony Blair confidante Sir Dennis Stevenson. The Law Society council has agreed to: elect the deputy vice-president only; dissolve many of the 140 committees and appoint specific task forces for individual projects; restrict the number […]

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