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Latest Briefings

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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Eversheds partner to expand Tite & Lewis

Ernst & Young’s law firm Tite & Lewis is branching out into private equity work and hiring a partner from Eversheds in London. `Iain Young has been heading Eversheds’ sports law group as well as focusing on private equity work.`He adds a new capability to Tite & Lewis in London, which will have 10 partners […]

Needham & James woos Manby & Steward partner

Multi-office Midlands firm Needham & James has tempted an M&A partner from Manby & Steward to head its corporate team as part of its attempt to get younger partners on board. `Colin Rodrigues will handle small and medium-sized enterprises and owner-managed businesses.`Needham & James senior partner John Hughes said: “We’ve a lot of good people […]

Harvard Law School

Harvard Law School is to pay off tuition loans for graduates who take public sector jobs. Harvard law students pay £26,000 a year for tuition fees, but if a graduate takes a job in government, a non-profit organisation or academia, the law school will meet their loan repayments.

A&O raises Hong Kong profile with £1bn Swire Pacific deal

The Hong Kong office of Allen & Overy (A&O) advised joint arrangers HSBC and Morgan Stanley Dean Witter on the establishment of a $1.5bn (£1.1bn) medium term note programme for Swire Pacific.`Although the firm is already a market leader in the medium term note programme, it is trying to develop its relationship with Hong Kong […]

Chepstow

Addleshaw Booth & Co has a longstanding relationship with Chester-based Barlows, the latest listed property company to take itself private. Barlows has been trading at 23 per cent discount to net asset value.`Corporate finance partner Richard Lee was instructed by a consortium including Richard Fildes, the chairman and managing director of Barlows, and fellow executive […]

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