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Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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DLA beefs up aviation in Asia and South America

DLA is continuing to strengthen its practice in Asia as it recruits an aviation partner in Hong Kong. Paul Freeman was previously based in Singapore, where he was a partner at Beaumont and Son. He will work with London-based partner Nigel Wright to develop a network of specialist aviation lawyers in Hong Kong, Singapore and […]

Corporate

So Clifford Chance is targeting corporate finance, which raises the obvious questions of why and how. Clearly, lots of strategy meetings telling partners they have to do more corporate finance is not going to change the face of the M&A market. If you’ve got any partners who don’t know that if you cross-sell you get […]

France Telecom legal chief joins B&M to launch team

France Telecom is losing its general counsel to the Paris office of international law firm Baker & McKenzie. Emmanuel Guillaume will join Baker & McKenzie as a partner at the beginning of June. He will take with him the legal director of France Telecom subsidiary Branche Enterprises, Christian Blomet, who will join the firm as […]

A&O battles Linklaters on Singapore MTN deals

Allen & Overy (A&O) is launching a battle with Linklaters & Alliance in Singapore to handle domestic medium-term note (MTN) programmes under Singapore law. Linklaters’ joint venture partner in Singapore Allen & Gledhill dominates the market for domestic MTN deals. But A&O has acted for the first time on the establishment of a purely domestic […]

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