Related briefings

Growing use of robots and AI by law firms

By Graham Richardson Faster decision-making, cost savings and fewer errors – robots and AI are already benefiting law firms and their clients, with many exciting developments still to come In the age of robots, AI and automated law, the role and outputs of the in-house team is about to experience its own ‘big bang’. No longer […]

Cyber security – Reputational, enforcement and litigation risks

By Jake McQuitty, David Cook It seems like barely a week goes by without a high-profile data breach being reported on the front pages of our newspapers. Hacking and cyberattacks appear to be becoming more commonplace and involving an ever-increasing range of wrongdoers: from vandals to nation states and terrorist groups. The risk around cyberattacks has been […]

Forging a global disputes practice for the digital age

By Paul Worth ‘There is no such thing as a digital strategy, just strategy in a digital world’  It is hard to argue with the well-rehearsed marketing strapline above in sectors such as retail, but to what extent is it true of a global disputes practice? A review of The Lawyer Global Litigation Top 50 2018 […]

Latest Briefings

Voluntary disclosures program update – The new normal

The Canada Revenue Agency voluntary disclosures program (VDP) has been around for decades. While the VDP has changed periodically, perhaps the most significant change occurred when the new Information Circular IC00-1R6, initially published on December 15, 2017, became effective on 1 March 2018.

Section 160 liability – Damis Properties Inc. v. The Queen

In Damis Properties Inc. v. The Queen, the Tax Court of Canada (TCC) found subsection 160(1) of the Income Tax Act inapplicable because the appellants and their former subsidiaries were dealing at arm’s length at the time of the transfer of the subject property. The TCC further concluded that, even if subsection 160(1) applied, the liability of the appellants under paragraph 160(1)(e) was nil because they gave fair market value consideration.

Private wealth – the potential for impact

“It is good to have money and the things money can buy, but its good too to check up once in a while and make sure you haven’t lost the things money can’t buy.” – George Lorimer

Nitrate neutrality

Developments on hold, trips to the High Court, nutrient credit schemes… Ever since a European Court of Justice ruling in November 2018, being nitrate neutral has caused headaches and blockages for developers and planners.

Bermuda: Three-day registration for special purpose insurers issuing bonds

Bermuda has always provided an efficient process for insurance submissions of all classes, with applications being approved in under two weeks. On 20 August 2021, the Bermuda Monetary Authority issued a notice announcing that enhancements have been made to allow further streamlining of the registration process for Restricted Special Purpose Insurers (“R-SPI”). Now, the licensing and registration processes of R-SPI registrants whose business model is to issue bonds (e.g. catastrophe bonds and mortgage bonds) will be consolidated and registrants can be fully registered within three business days.

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