Latest Briefings

Freeports – Planning FAQs

The designation of eight new Freeports within England made headlines in the Budget and now the winning bidders have to put into effect their successful proposals. What will this mean in practice for those areas affected and what are the likely issues that Freeport authorities will face?

Snapshot: arbitration in the British Virgin Islands for Asia-based parties

The BVI is an increasingly popular arbitral seat supported by a modern pro-arbitration legal framework, modern arbitration facilities, and a world-class arbitration institution of its own in the form of the BVI International Arbitration Centre (“BVIIAC”). The ready availability of BVI legal expertise for any such arbitration under the supervision of the well-respected BVI Courts provides added comfort for parties seeking a dispute resolution venue in a stable jurisdiction.

12 things you didn’t know about electric vehicles

The significant shift in people’s travel routines over the last 12 months will likely trigger long-term changes for many and our urban spaces will need to continue to develop into ‘smart cities’. Electric vehicles and their charging points will form a significant part of this changing landscape.

Avenues of redress for stakeholders in Cayman incorporated companies facing the excesses of majority shareholders and/or their appointed directors

Against the backdrop of differing economies, laws and regulations throughout Asia, choosing to incorporate Cayman entities into holding and investment structures allows international stakeholders to co-operate under the aegis of a stable and effective judicial system. Appeals from the Grand Court of the Cayman Islands lie with the Cayman Islands Court of Appeal, comprising judges who have held high judicial office in the Commonwealth. The Judicial Committee of the Privy Council is the final Appellate Court for the Cayman Islands. As such, through its Court system, Cayman is able to provide the investment community with impartial, established and highly regarded judicial resources dedicated to resolving complex commercial disputes.

Key changes to the LCIA and ICC arbitration rules

Two of the most prominent arbitral institutions globally, the London Court of International Arbitration and the International Chamber of Commerce, have recently updated their rules to modernise and streamline the way in which arbitrations are administered. The changes are designed to increase efficiency, flexibility and transparency and to embrace the growing use of technology in business today.

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CMS’s long-haul US journey

‘Who motivates the motivator?’ It’s a question CMS boss Duncan Weston might be asking himself this morning. After revealing today that it has been a grim six months resulting in a lack of growth for CMS, Weston might be in need of an arm around the shoulder. CMS’s hunt for a transatlantic partner has been […]

Peter Martyr

Norton Rose Fulbright to adopt aligned remuneration systems

Norton Rose’s UK arm will retain control of partner remuneration decisions for the firm’s Emea offices following next year’s tie-up with America’s Fulbright & Jaworski. The firm will initially operate separate partner pay systems for the UK LLP, which covers Emea, and the legacy Fulbright side, with decisions about partners’ profit shares taken by distinct […]

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Ashurst reveals 6 per cent H1 revenue slump

Ashurst has announced a 6 per cent like-for-like drop in revenues for the first half of the 2012/13 financial year, with total half-year billings standing at £145m. The figure is down on £154m for the first six months of 2011/12 and includes income from the legacy Ashurst business, while excluding revenue for the Australian arm […]

Magnitsky Act overcomes further hurdle in US Congress

The US House of Representatives has voted overwhelmingly in favour of the Magnitsky Act, with 365 to 43 in favour of passing the bill The vote went in favour of passing the Sergei Magnitsky Rule of Law Accountability Act of 2012 and a law to grant Russian Permanent Normal Trade Relations (PNTR), a hangover from […]

Mishcon to beat three-year growth target after strong first half

Mishcon de Reya has said that it is on track to smash its three-year revenue target of £80m after seeing positive growth in the first half of 2012/13. The firm does not publish half-year financials, but managing partner Kevin Gold said it was exceeding its turnover budget for 2012/13 at the six-month stage. In recognition […]

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