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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Firm profile: Devonshires

Devonshires is not your conventional City firm: it does not have a managing partner, it derives 65 per cent of its turnover from housing associations and has only one office. The firm’s unusual management structure, which features functional heads rather than a managing partner, was instituted in April, as management wanted an easier flow of […]

Two decades of change

Here’s a confession. For the past few weeks I’ve been reading every single issue of The Lawyer ever published. This isn’t some bout of deranged masochism, rather it is in preparation for our 20th anniversary special next month and for 2008, when we turn 21. Actually, the exercise has been wholly absorbing; if you spend […]

APPC climbs down in DLA Piper OFT saga

Three lobbying industry bodies have clubbed together in a perceived attempt to defuse DLA Piper‘s Office of Fair Trading (OFT) complaint for anticompetitive behaviour. As revealed by The Lawyer (10 September), DLA Piper referred the Association of Professional Political Consultants (APPC) to the OFT, claiming the body was trying to persuade government agencies to work […]

SCB banks on old friendships

It is good to see some in-house teams favour strong relationships over massive cost-cutting panel reviews. All six of the international corporate firms on Standard Chartered Bank’s panel have kept their places after its most recent review. Allen & Overy, Baker & McKenzie, Clifford Chance, Linklaters and Lovells are safe for another year. Standard Chartered […]

Shearman ups US associate bonuses

Shearman & Sterling has become the latest US firm to jump aboard the associate bonus bandwagon. In a statement it announced that it would provide special bonuses to all US track associates, along with the firm’s annual class-year bonuses. The special bonuses will range from $10,000 (£4,800.16) to $50,000 (£24,000.80), while class-year bonuses will range […]

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