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Latest Briefings

Luxembourg financial sector launches online portal for Brexit notifications

By Rebecca Mace-Balebs On 2 August 2019, the Luxembourg Supervisory Authority of the Financial Sector (CSSF) published press release 19/41 in respect of the opening of its online portal, eDesk, for the purpose of mandatory notifications in the context of Brexit. In its previous press releases (19/33 and 19/34), the CSSF announced that: firms licensed […]

Serbia tops global greenfield FDI performance index

By Petar Mitrovic, Dragan Karanovic Serbia achieved the top spot at the Greenfield FDI Performance Index for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of […]

Drafting employment contracts

By Martin Chitty, Siobhan Bishop In this podcast we discuss drafting employment contracts, focusing on some of the tricky issues at the start and end of the employment relationship. We cover how to avoid the pitfalls with references, contract variation, termination and bad leavers clauses. Click below to read more.

Bermuda – Open for fintech business

By Chris Garrod Bermuda has a long history of being a leading jurisdiction, quick to meet the changing needs of business. From captive insurance to alternative investments, the island has welcomed innovation, with its government and the private sector successfully working together to foster thriving, but well-regulated, new markets. Blockchain and digital assets are no […]

Bermuda – Law and Practice

By Julie E. Mclean, Angela F. Atherden 1.0 Aircraft and Engine Purchase and Sale 1.1 Sales Agreements Taxes/Duties Payable Upon Execution of the Sales Agreement No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and […]

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CIT group

The acquisition of East India Dock is the fourth in a string of Docklands transactions for Capital & Income Trust (CIT), which started with the acquisition of South Quay II from the receivers of Baxendale in 1999. Last year, CIT bought Wyndham House in South Quay Plaza and 3 Harbour Exchange. Macfarlanes property partner Chris […]

Corporate

So it’s goodbye Patrick Drayton, current director general at the Takeover Panel, and hello Philip Remnant, senior banker at Credit Suisse First Boston, who will begin a two-year secondment in April. But oh, Mr Remnant, do you really know what you’ve let yourself in for? Heading the Takeover Panel has hardly been a bed of […]

PwC triumphs against Paris bar in landmark MDP ruling

Paris Court of Appeal against Paris bar’s ban on MDPs; accounts free to expand The Paris Court of Appeal has decided in favour of Landwell & Associés, the legal arm of PricewatehouseCoopers, in a landmark case which rules that the Paris bar cannot lay down an ethical code of conduct for MDPs. The report says […]

Law firms triumph in Great Place to Work survey

Three law firms are included in the first ever DTI-sponsored survey of the best places to work in the UK. Wragge & Co achieved an impressive fourteenth place on the list. Senior partner John Crabtree puts Wragges’ success down to the openness of the firm. “There is a real sense of proprietorship with everyone. We […]

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