Weil Gotshal hires judge and academic for securities group

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Latest Briefings

Supreme Court upholds NCLAT judgement ruling that insolvency proceedings may be invoked against corporate guarantor before proceeding against the principal debtor

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

Cross-border transactions with related parties on the tax radar in 2019

By Branimir Rajsic The Serbian Tax Administration (the “TA”) recently issued the annual plan on tax audits for 2019 (“Plan”), published on the TA’s website. According to the Plan, the focus will be on the following: taxpayers incorporated by non-residents with significant related-party transactions, in particular control of the application of double taxation treaty provisions, taxpayers […]

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Newcastle firms content to retain north-east focus

Are north-eastern firms restricting their options by failing to look beyond their region? asks Abigail Townsend. When Ward Hadaway announced its merger with fellow north-east firm Keenlyside & Forster last month, it was not quite the marriage everyone was expecting. Ward Hadaway says the tie-up was a vital part of an on-going plan to boost […]

Bread and butter of the law

David Wigan reports on a company that prefers building strong relationships with firms to holding beauty parades. When is a lawyer not a lawyer? When he or she is employed by Asda. At least according to Denise Jagger, the supermarket chain’s senior in-house lawyer. She says the company’s Leeds headquarters is the corporate equivalent of […]

Digests

Denton Wilde Sapte has scooped its third major insolvency case this year. The firm has been appointed by accountants Kroll Buchler Phillips to work on the collapse of AIM-listed company SignCorp, which has got bank debts of between £8-10m. The amount owed to trade creditors has yet to be established. Lloyd’s of London has appointed […]

Field Fisher forms e-business link-up

Field Fisher Waterhouse is launching a European e-commerce association aimed at establishing itself as a lead player for advice in the new economy. The firm is set to bolster its 14-strong e-commerce team with the launch of the 15-firm European network, to be known as Ecomlex. The firm is tight-lipped on the full list of […]

Camerons sets up Hong Kong immigration dept

CMS Cameron McKenna is launching an immigration practice in Hong Kong in response to a large increase in the number of professional immigrants to the UK. The number of applications for work permits is set to increase to 105,000 this year from 80,000 in 1999. Julia Onslow-Cole, head of Camerons’ 14-strong immigration team, says: “The […]

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