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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The trainee debate

Your editorial, “A short-term view”, The Lawyer 21 March, is aptly titled but misconceived. It dismisses concerns about the exploitation of students, the representativeness of the profession and debt. Your short-term view is that by abolishing the minimum salary these problems will be solved. They will not. It is vital that some basic facts are […]

Portman Steps-Up

– The Portman Building Society has launched a fourth issue of its Step-Up Bond with a minimum investment of just £500. Gross rates of return increase from seven per cent in the first year to 10 per cent in year four. The launch of the bond follows the rec

Bar School set to lose monopoly on training

ASPIRING solicitors and barristers may be sitting side by side in the same lecture room in less then three years’ time, according to the consultation paper on the ending of the Bar School’s training monopoly. The paper goes on to acknowledge that the future of separate vocational courses for solicitors and barristers may be limited […]

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A&O beats City to nuclear work

ALLEN & Overy has won the job of advising the Government in its privatisation of the nuclear industry. The firm will act for the Department of Trade. It beat a shortlist of four City giants last week, including Slaughter and May, which advised the former Department of Energy in the electricity privatisation, and Herbert Smith. […]

Get in shape for tax reforms

The Revenue’s £25 million publicity campaign for the self-assessment tax regime is an important reminder for legal firms, says Cyril Dixon. THE MAN in the bowler hat has something to offer lawyers. The taxman caricature who fronts the Inland Revenue’s television advertising is bearing a self-assessment message which appears to have been missed thus far. […]

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