Eclipse Legal Systems expands international presence with Zambia win

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Latest Briefings

The Interest Limitation Rule under the Anti-Tax Avoidance Directive

In 2016, the European Union adopted the Anti-Tax Avoidance Directive (“ATAD”) to combat “aggressive tax planning” as part of the Anti-Tax Avoidance Package. Article 4 of the ATAD includes an Interest Limitation Rule (“ILR”) based on the recommendations set forth in Action 4 of the OECD’s Base Erosion and Profit Shifting (“BEPS”) project. Article 4 […]

Trade secret enforcement in Canada: How rights holders can secure justice

Editor’s Note: this article was originally published in the Winter 2018 edition of The Advocates’ Journal. Since the value of a company is increasingly made up of intangible assets, including intellectual property such as trade secrets, as opposed to tangible (e.g., bricks and mortar) assets, protecting and securing those important assets is vital to a company’s long-term […]

Single EU VAT area. Are you ready?

The biggest reform of the EU VAT rules in a quarter century is on its way. The current VAT system, which is outdated, will be reviewed, impacting businesses performing intra-Union cross-border trade. The EU’s VAT system needs reform. Every year, EU countries lose up to EUR 50 billion due to cross-border VAT fraud, significantly damaging […]

Amending debt terms in CEE/SEE – one region, different regimes

The amending of debt terms is driven by local rules and regional distinctions. Although many CEE/SEE jurisdictions permit amendments to debt terms only after the initiation of court insolvency proceedings (save for consent of all creditors), a number of jurisdictions have implemented tools that allow for amendments also before insolvency proceedings have commenced and without […]

A fair deal for LGPS members?

The Ministry of Housing, Communities and Local Government (MHCLG) has now published its long awaited consultation on changes to the Local Government Pension Scheme (LGPS or the Scheme) to bring the LGPS into line with the requirements of New Fair Deal. Letting authorities and service providers can expect changes to how they approach pension provision and risk sharing on a transfer […]

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The Lawyer Management: A Guide to Change

All-encompassing change is now a reality for the UK’s top 200 firms. From mergers, overseas office openings and alternative business structures to near-sourcings, redundancy programmes and law-firm administrations, law-firm partners in the UK have never before been faced with so much disruption to their firms’ long-established business models. So how are they coping with the […]

Understanding indemnities

Indemnities feature in many commercial contracts, but there are a number of common misconceptions about their nature, which can lead to surprising outcomes if claims under them are made or challenged. This briefing answers frequently asked questions, clears up some misunderstandings and considers how the English courts have interpreted indemnities over the years. It also […]

Allen & Overy seminar focuses on bank recapitalisation and European state aid

A recent seminar jointly held by Allen & Overy and the Journal of Regulation focused on bank recapitalisation and state aid. It examined the extent to which, five years since the start of the financial crisis, European state-aid law has helped or hindered the continent’s financial system return to stability. The seminar, which featured guest […]

Kristy Calvert

Calvert, Kristy

Calvert has more than 14 years of employment history with extensive corporate and commercial law experience in the Asia Pacific and in particular in China. She was previously legal director for Rio Tinto China/Asia for four years. Prior to that, she was a senior private practice lawyer at international firms Weil, Gotshal & Manges and […]

Allen & Overy posts revenue of £1.19bn, PEP frozen at £1.1m

Revenues at Allen & Overy (A&O) have risen by just 0.8 per cent at the 2012/13 year-end from £1.18bn to £1.19bn. It is the first magic circle firm to post revenues for the year, with Linklaters and Freshfields Bruckhaus Deringer preparing to release their annual turnover tomorrow (5 July). At A&O average profit per equity […]

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