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Latest Briefings

Can settlement agreements be regulated credit agreements? High court decides

By Emily Morton Can settlement agreements be regulated credit agreements, and are lenders at risk of falling foul of the provisions of the Consumer Credit Act 1974 (CCA)? In CFL Finance Ltd v Bass & Others [2019] EWHC 1839 (Ch) the Court looked into whether settlement agreements need to comply with the CCA, and whether their […]

Spotlight on automotive industry: Introduction to the series and financing

By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

I am worried that a trustee has mismanaged my trust fund. What can I do?

By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

By William Jean-Baptiste, Eléonore Galleron On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law) to implement the Council Directive (EU) 2017/952 of 29 May 2017 (ATAD 2 or the Directive) into Luxembourg domestic law. As a reminder, ATAD 2 constitutes an update of the Council Directive (EU) 2016/1164 of 12 July […]

Myth busting Jersey trusts and foundations

By Josephine Howe Some may think trusts and foundations are only used by very wealthy people or families, or that by putting assets into a trust or foundation in international finance centres (IFCs) like Jersey, then they are avoiding tax. Some claim offshore trusts and foundations are secretive, and they are used for criminal activity; […]

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Lawyers years behind accountants on process and BD, The Lawyer research reveals

People management, process efficiency and business development are the highest priorities for improvement among the UK’s top 200 law firms, The Lawyer’s exclusive research into change management has found. The research published today and contained in a new publication, The Lawyer Management: A Guide to Change, is based on a survey of top 200 partners […]

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FFW snares longstanding Taylor Wessing partner in three-lawyer swoop

Field Fisher Waterhouse (FFW) has ratcheted up its City partner recruitment by hiring three lawyers from a trio of firms covering corporate, finance and tax. The most eye-catching of the three is longstanding Taylor Wessing corporate partner David Kent, who heads the firm’s inward investment group in the UK and will keep the same title […]

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Becoming a different legal business

Andrew Chamberlain, head of client delivery You may have read (The Lawyer 18 June) that at Addleshaw Goddard, we’ve recently mapped all our key legal processes. So, why have we done this? My journey started about 5 years ago. As an employment lawyer of many years standing, I’d seen the fee pressure increasing, and the […]

The new law on the protection of employment in France enters into force

The Constitutional Council rendered its decision concerning the new law on the protection of employment in France on 13 June 2013 and ruled that all but one of its provisions were in conformity with the French Constitution. The law was published in the Official Journal on 16 June 2013… If you are registered and logged […]

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