Latest Briefings

Spanish legal regulations on Foreign Direct Investment

Foreign direct investment (FDI) (Inversión Extranjera Directa) involves the transfer of capital by economic entities from one country to another country, with the intention of establishing businesses or subsidiaries there, as well as acquiring or obtaining a relevant shareholding in foreign companies.

British Virgin Islands – Voluntary liquidations for first half-year companies

As annual British Virgin Islands (“BVI”) Registry fees are now payable for those BVI companies that were incorporated or registered in the first half of the year, it is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.

IR35 rules now extended to private sector businesses

The IR35 rules were extended to cover all medium and large organisations in the private sector. Under the reforms these businesses are now responsible for determining whether their contractors fall inside or outside the scope of IR35, rather than the workers themselves.

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Bar talk

In the world of the conditional fee agreement (CFA), and in the words of Oliver Hardy (as in Laurel), “another fine mess” has occurred A recent case funded partly under a CFA has left Allen & Overy (A&O) and its counsel somewhat out of pocket, thanks to an array of errors on the wording of […]

US firms outperform downturn

Shearman and Brobeck performances lose them millionaires’ club status, while Latham and Gibson Dunn join the ranks The signs may have been ominous but, despite clouds on the corporate and capital markets horizon, US firms seem to have weathered 2001.The American Lawyer’s AmLaw 100 for US firms’ turnover and profit performance for the last financial […]

Enron in-house lawyer on theft charges

A former Enron in-house lawyer appeared in court last week charged with stealing more than £400,000 from the US energy group Marcus von Bock und Polach was charged with theft and false accounting in relation to a UK-based subsidiary of the defunct company and another Enron company. Von Bock, a specialist in corporate and structured […]

Lawrence Graham shows increased turnover

Lawrence Graham’s turnover rose £1.2m (2.4 per cent) in 2001/02 to £50.5m, while profits have remained relatively steady at £363,000 per partner Top of equity partners are looking to make £483,000 compared with last year’s £420,000, whereas those at the bottom of the equity scale are facing earnings of £195,000 rather than last year’s £210,000.

The IT guys

With its DIY ethos, the compact SchlumbergerSema in-house legal team has been pivotal in the success of the international IT services company. Caroline Davies investigates Mention Sema to a Lithuanian and you will receive a hearty acknowledgement, as the Panevezys-based business is an alcohol production company, specialising in light alcoholic beverages, technical products and yeast. […]

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