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Latest Briefings

Can settlement agreements be regulated credit agreements? High court decides

By Emily Morton Can settlement agreements be regulated credit agreements, and are lenders at risk of falling foul of the provisions of the Consumer Credit Act 1974 (CCA)? In CFL Finance Ltd v Bass & Others [2019] EWHC 1839 (Ch) the Court looked into whether settlement agreements need to comply with the CCA, and whether their […]

Spotlight on automotive industry: Introduction to the series and financing

By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

I am worried that a trustee has mismanaged my trust fund. What can I do?

By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

By William Jean-Baptiste, Eléonore Galleron On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law) to implement the Council Directive (EU) 2017/952 of 29 May 2017 (ATAD 2 or the Directive) into Luxembourg domestic law. As a reminder, ATAD 2 constitutes an update of the Council Directive (EU) 2016/1164 of 12 July […]

Myth busting Jersey trusts and foundations

By Josephine Howe Some may think trusts and foundations are only used by very wealthy people or families, or that by putting assets into a trust or foundation in international finance centres (IFCs) like Jersey, then they are avoiding tax. Some claim offshore trusts and foundations are secretive, and they are used for criminal activity; […]

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DLA Piper to launch Middle East dual assault with Abu Dhabi, Qatar offices

DLA Piper to launch Middle East dual assault with Abu Dhabi, Qatar offices” />DLA Piper has underscored its commitment to the Middle East with plans to expand into two more lucrative jurisdictions in the region. The firm, which is well known for focusing on emerging markets, will ramp up its presence in the region by […]

Silver Circle

The silver circle, as defined by The Lawyertwo years ago, consists of firms ranked below the magic circle in terms of turnover that can boast an average profit per equity partner (PEP) and average revenue per lawyer (RPL) far above the UK average. The firms also share the characteristic of being predominantly London-centric, despite having […]

London Small

London’s smaller top 100 firms may be a mixed bag, but one at least can be praised for its consistency. Pensions specialist Sacker & Partners tops the tables for revenue per lawyer (RPL), profit per lawyer (PPL) and average profit per equity partner (PEP). It also comes out top on margin. All this from a […]

Lovells embarks on unique alliance with nine Chinese firms

Lovells has strengthened its presence in the Chinese market via a tie up with nine local firms. The Sino-Global Legal Alliance (SGLA) is an alliance between Lovells, which already has offices in Beijing, Shanghai and Hong Kong, and nine firms across China’s key economic regions. According to Crispin Rapinet, Lovells Asia regional managing partner, the […]

Gates swipes BLG team for Singapore outpost

Aviation specialist Gates and Partners has poached another two lawyers from Barlow Lyde and Gilbert (BLG) for its soon-to-be-opened Singapore office. Gates and Partners lured BLG’s Singapore boss David Johnston less than two months ago and now the remainder of Johnston’s team has been recruited to join him. Associates Peter Boys and Trudy Seow will […]

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