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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Simmons and Ogier act on AbCap restructuring dispute

Simmons & Simmons and offshore firm Ogier have landed lead roles on a dispute between beleaguered hedge fund Absoute Capital (AbCap) and a group of its investors. Simmons is advising an action group of AbCap investors who are disillusioned with the AIM-listed company’s proposals for restructuring some of its illiquid funds. Following the shock departure […]

In a bind

Insurers are finally being dragged into line with the rest of the business world, with a consultation paper on contract law set to shake up the industry. Richard Evans and Tom Watkinson report On 17 July 2007 the Law Commission in England and Wales and the Scottish Law Commission released the first consultation paper of […]

Camerons reinforces CEE with sector group shake-up

CMS Cameron McKenna has overhauled its sector groups after a summer of high-profile departures and arrivals, particularly in Central and Eastern Europe (CEE). The top-15 firm announced that Warsaw-based energy partner Andrzej Blach will head the energy, projects and construction group in the CEE. The job was previously held by Moscow-based David Griston, who joined […]

Da Vinci update: HBJ partner charged

HBJ Gateley Wareing Glasgow corporate partner Calum Jones has appeared on petition at Dumfries Sheriff Court charged with conspiracy to rob and extort money. The lawyer was arrested by Dumfries and Galloway police yesterday (4 October) in a raid organised to recover a stolen Leonardo da Vinci painting worth £30m. The painting was seized at […]

Appleby enhances Jersey corporate group

Offshore giant Appleby has expanded its Jersey-based corporate and commercial practice with the appointment of two lawyers. Alastair Drummond, who specialises in property finance and banking law, joins as an advocate from Channel Islands rival Carey Olsen. Meanwhile, Sarah Bolton has relocated from Appleby’s Cayman Islands office. She joins the Jersey office as counsel, focusing […]

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