In brief: Linklaters & Alliance

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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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Thomas Eggar merges with pensions firm

South-east firm Thomas Eggar Church Adams has merged with specialist pensions trusteeship practice David Herbert & Co. Hampshire-based practice David Herbert & Co is led by David Herbert, a practising solicitor who has specialised in the trusteeship of pension funds for more than 27 years. He is trustee of 16 occupational pension schemes and chairman […]

Eversheds steps up Euro plan with Dutch merger

Eversheds is merging with leading Dutch practice Boekel De Neree (BDN) as it pursues its three-year aim of pan-European capability. The merger with BDN, a top corporate and commercial practice in The Netherlands, adds to Eversheds’ European offices in Paris, Monaco, Brussels, Moscow, and associated offices in Copenhagen and Sofia. Victor Semmens, Eversheds’ international director, […]

Wine law allegation is a slur on character

A Freehill Hollingdale & Page partner, who is suing a French law firm over allegations that he seduced a French associate, is leaving the top Australian firm. IP partner Stephen Stern is suing two partners at French firm Coutrelis & Associes for defamation over claims he had a “very close personal relationship” with one of […]

Digests

Simmons & Simmons advised Hawkpoint Partners, the financial adviser to HLF Insurance Holdings (HLF), on Hawkpoint’s £135m cash offer for Lambert Fenchurch Group. HLF was represented by Freshfields. HLF has also made an offer for Heath Group, and once both bids become unconditional, the two companies will merge to create the world’s sixth-largest insurance broker. […]

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