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Guernsey economic substance rules – The group company perspective

By Tim Clipstone The Income Tax (Substance Requirements) (Implementation) Regulations, 2018 (the Regulations) came into force on 1 January 2019, requiring all Guernsey tax-resident companies to confirm, for tax periods commencing on 1 January 2019 or later, whether they are in scope of the Regulations and, if so, how they meet the substance requirements set […]

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White & Case helps draft Kazakh restructuring laws

White & Case has scored a lead role advising the Kazakhstan government on the creation of new restructuring laws in the country. Francis Fitzherbert-Brockholes London-based European capital markets co-head Francis Fitzherbert-Brockholes led the advice to the Kazakhstan government. The mandate was awarded after the US firm won a role advising UBS on the restructuring of […]

FoxMandal pays Delhi salaries after two-month hiatus

Indian firm FoxMandal Little has paid the salaries owed to Delhi fee-earners after cashflow difficulties led to a two-month delay. As reported on TheLawyer.com last month, the firm was unable to pay its Delhi lawyers because the firm’s lockup – the time it takes for clients to pay bills after lawyers start work on a […]

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SRA names members of revamped board

The new members of the Solicitors Regulation Authority (SRA) board have been announced, two months after TheLawyer.com revealed that there was ill feeling between the SRA and the Law Society over the appointments process. Martin Coleman Thirteen members, including seven solicitors and six lay members, have won places effective as of January 2010. Two further […]

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Greenberg adds to hiring spree with W&C partners

Rapidly growing Greenberg Traurig Maher (GTM) has snared a brace of capital markets partners from White & Case. Paul Maher The US firm has hired Andrew Croxford and Andrew Caunt to bolster its capital markets capabilities in the City. Earlier this month The Lawyer reported that GTM had hired former White & Case London-based finance […]

Getting the ball rolling

The August lull is grinding on and, while the hallowed halls of the UK’s leading law firms are all but deserted, not everyone has taken a holiday. In fact, for a certain band of magic circle lawyers the last few weeks have been the busiest in a long time. As we report today, Allen & Overy […]

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