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.

Recommended

Financings

Alexanders Holding was advised by Fladgate Fielder in relation to a term loan facility of £1.75m to refinance acquisition costs of Alexanders of Lincoln with the Royal Bank of Scotland

In brief: Women take look at glass ceiling

Alison Parkinson, vice-chair elect of the Association of Women Solicitors, will address a meeting of the Federation Internationale Des Femmes Des Carrieres Juridiques in London on 23 May. Parkinson will give a speech titled ‘Dismissal, redundancy and the glass ceiling’ at the Naval Club, W1. Two members of the group’s UK section will also speak. […]

Next ASIM conference

ASIM has also confirmed details on its conference and AGM to be held at the Randolph Hotel, Oxford, on 16-17 June. Labour MP Andrew Smith, junior shadow minister for the Treasury, will address the conference, also open to non-ASIM members. Contact ASIM on 01892 870065.

Board and society row over audit

THE LEGAL Aid Board has attacked the Law Society, claiming it named a London law firm whose franchise was suspended. But society head of professional policy Russell Wallman says the accusation is a bid to divert attention from the board’s “disgraceful” behaviour over the suspension. Evans Butler Wade is threatening the LAB with legal action […]

All aboard the career express

Congratulations! You have completed your academic training and are set to embark on professional practice. But a word of caution for the naively optimistic – success at one does not guarantee success at the other. Assuming similar backgrounds and capabilities, some candidates will shoot straight to the top, leaving colleagues far behind. This is because […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more