Latest Briefings

Spanish legal regulations on Foreign Direct Investment

Foreign direct investment (FDI) (Inversión Extranjera Directa) involves the transfer of capital by economic entities from one country to another country, with the intention of establishing businesses or subsidiaries there, as well as acquiring or obtaining a relevant shareholding in foreign companies.

British Virgin Islands – Voluntary liquidations for first half-year companies

As annual British Virgin Islands (“BVI”) Registry fees are now payable for those BVI companies that were incorporated or registered in the first half of the year, it is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.

IR35 rules now extended to private sector businesses

The IR35 rules were extended to cover all medium and large organisations in the private sector. Under the reforms these businesses are now responsible for determining whether their contractors fall inside or outside the scope of IR35, rather than the workers themselves.

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In brief: Trowers & Hamlins names senior partner

Trowers & Hamlins has elected John Clark, head of the firm’s public sector department, as senior partner. Clark replaces Donald Jones, who held the post for eight years.

LAB: police station advisers are still not up to scratch

Research by the Legal Aid Board (LAB) and the Law Society has found that although there have been “measurable and significant improvements in the quality of police station legal advice”, many advisers still do not measure up to the LAB’s standards. The LAB’s accreditation scheme was introduced in 1995 after concerns were expressed about the […]

Westminster fails to get grant cut reversed

WESTMINSTER City Council’s bid to win a judicial review against the Government’s decision to cut its grant by £10m next year has failed. The council, represented by Roger Henderson QC of 2 Harcart Buildings, went to the High Court in late January to argue that it had been unfairly treated by the Labour administration. It […]

New recruits double pay at Cadwaladers

Six more City lawyers are likely to have doubled their pay by accepting offers to join the London office of US firm Cadwalader Wickersham & Taft. Simmons & Simmons’ insolvency partner James Roome is going, together with insolvency assistant Yvette Croucher. Croucher is understood to have been tempted by Cadwaladers’ London salary for three-year qualifieds […]

Flotation

Details of deals should be sent to the City editor

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