Buy-out of broker steps up market competition

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Latest Briefings

The legal hub – Create the ideal state for your corporate legal team

Corporate legal teams are under constant pressure to deliver more value to their organisations. Growing demand and changing expectations from the business mean that legal departments are adapting to embrace innovation and requiring their network of external counsel to do the same. Generally, corporate legal teams are adopting new technologies and adapting to changing pressures […]

Russian sanctions against Ukraine: Ban on the import of certain commodities

A ban on the import into Russia of certain commodities, the country of origin of which is Ukraine or which move through the territory of Ukraine was introduced by the Decision of the Government of the Russian Federation dated 29 December 2018 No. 1716-83. The list of the commodities prohibited for import is provided in […]

Draft patent (amendment) rules, 2018 published for objections and suggestions

The Ministry of Commerce and Industry has published Draft Patent (Amendment) Rules, 2018 (Draft Rules) for objections and suggestions. The key highlights of the Draft Rules are broadly set out below: International Applications: Patent agents will be required to file all documents, including scanned copies of documents, only by electronic transmission at the time of […]

Amendment to S. 197 of companies act, 2013 notified: Government approval no longer required for enhancement of managerial remuneration

In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]

Drone usage and the law

By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]

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Partnership revolt forces Dibbs to drop cash call plan

Dibb Lupton Alsop is understood to have dropped a controversial plan for a cash call to boost its tax reserves after a rebellion among its 142 junior partners. Sources close to the firm said Dibbs hoped that its junior partners, referred to as “fixed share partners”, would forgo a proportion of their income to increase […]

McGrigor Donald first Scots to break £20m turnover barrier

McGrigor Donald is believed to be the first Scottish firm to break through the £20m barrier for annual turnover. Last week, for the first time in its history, the firm disclosed its annual turnover (to 30 April 1998) as £20.6m. The figure, which is a rise of 10 per cent on last year’s turnover of […]

War of the words

French plans to regulate MDPs have a sparked a debate between lawyers and accountancy firms which could lead to all-out war, reports Richard Tyler. Wherever you encounter the debate, the subject of lawyers and accountants working together has always been prickly. But in France, famed for its red-blooded defence of traditional working relationships, the exchange […]

Gun amnesty compensation

The House of Lords has adjourned consideration of a Home Office challenge to moves by a gun owner who is seeking to sue over its alleged failure to pay compensation. David Steed claims he handed in his firearms in July last year in accordance with the terms of the Firearm (Amendment) Act 1997, but by […]

A&O in Paris merger talks

Allen & Overy is understood to be in merger talks with leading Paris banking firm De Pardieu Brocas Maffei & Associes in a bid to catch up with its City rivals in France. A source close to the negotiations said A&O’s ten-lawyer Paris office would merge with nine-partner De Pardieu in September if the City […]

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