Financing

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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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New leadership at Hill Taylors following partner defections

City firm Hill Taylor Dickinson is entering a new era with fresh blood in the key positions of chairman and managing partner. Robert Wallis has been elected chairman and Rhys Clift managing partner. But they will continue fee-earning work in shipping, insurance and reinsurance. They will be charged with the job of raising the firm’s […]

Square Mile

The professional indemnity saga takes another turn this week when the outcome of the recent ballot of all solicitors is announced. As a supporter of the proposal to permit solicitors to insure through the market, I do not share the views expressed in this column some weeks ago (29 March) by Lord Hunt of Wirral, […]

Can lawyers manage?

He has had enough. Two-and-a-half years into a four-year term Theodore Goddard’s managing partner Peter Kavanagh has called time on being both a lawyer and a manager and returned to full-time fee earning. Kavanagh tells The Lawyer (see City Profile, page 17) that he planned to split the management and legal role 50-50, but looking […]

…as rival Eversheds joins RDA panel

Eversheds has been appointed to the East Midlands Development Agency (EMDA) legal panel following a competitive tender. The legal panel will be instructed to provide practical advice and guidance to the EMDA. The contract will be for two years. Brandon Smith-Hilliard, a partner at Eversheds’ Nottingham office, says: “The legal advice sought from the regional […]

Ex in-house lawyer starts recruitment firm

A FORMER head of legal at a nuclear generating company has set up her own recruitment business. Elizabeth Warner-Smith is launching legal recruitment consultancy Summit Legal after taking a seven-month career break to look after her baby son. Warner-Smith was formally head of legal services at Magnox Electric. She says: “I didn’t go back to […]

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