A new professional payment guarantee law has been introduced in Luxembourg to provide professionals with a tool that grants a wider scope for contractual freedom while protecting the parties from a re-qualification that may not be in line with their legitimate expectations and their commercial agreements.
The British Virgin Islands recently introduced new regulations relating to products and services in the innovative fintech space, reaffirming its commitment to remaining a jurisdiction of choice for new financial products and services. These new regulations represent an exciting development in the approach taken by the BVI to the regulation of novel financial technology, representing a good balance between oversight and accountability on the one hand, and freedom to innovate on the other.
This article deals with the procedures and documentation required to secure a Cayman grant for the estate of a non-Cayman domiciliary, and highlights the pitfalls that practitioners should be mindful of.
Until the Cayman Islands introduces any changes to its corporate insolvency regime, with the COVID pandemic pushing many groups into the zone of insolvency, the following considerations remain relevant to structures involving a Cayman Islands entity: In recent years the Cayman Islands courts have become increasingly sympathetic to the needs of debtor companies looking to […]
British Army reservist combat engineer, Jersey Field Squadron member – and Ogier Global real estate administration manager – James Philpott explains how his army life and office job sit side by side.
In R(Grinham) v the Parole Board of England & Wales and the Secretary of State for Justice  EWHC 2140 (Admin) the High Court quashed a decision of the Parole Board where it found that a prisoner’s oral hearing and a subsequent decision, refusing his release, had been marred by procedural unfairness.
On its session held on 30 July 2020, the Serbian Government adopted the Conclusion no. 05 401-6052 / 2020 (the ”Conclusion” or ”Second Package”), which extends the application of the first package of direct and fiscal benefits to business entities in the private sector, that was introduced in the Decree on Fiscal Benefits and Direct Aid to Companies in the Private Sector and Monetary Aid to Citizens Aimed at Reducing Economic Consequences due to COVID-19 (the “First Package”).
The General Data Protection Regulation 2016/679, or GDPR, is a set of EU regulations aimed at the protection of personal data and privacy of natural persons (not corporations) based within the EU. The GDPR has extraterritorial effect in that it applies to the processing of personal data of persons who are situated in the EU […]
In its landmark decision of 29 April 2020, the Swiss Federal Supreme Court held that the online use of a trademark or other sign must have a commercial effect in Switzerland for such use to be considered use in Switzerland. A global website targeted at a worldwide audience may have a commercial effect in Switzerland.
This article summarises the legislative developments and the main investigations carried out during 2019 by the Portuguese Competition Authority (PCA).
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Profits and turnover at DAC Beachcroft rose over 2019/20, with the firm’s partnership also voting in managing partner David Pollitt for a second term in charge. The profit increase of seven per cent to £56m, previously £52m, came alongside three per cent growth in profit per partner to around £590,000. Revenue was up six per […]
A former Cooley lawyer, who was based in the firm’s UK office, has been charged with a series of fraud offences, including three counts of fraud by abuse of position. Joshua Brien, who joined Cooley as a special counsel back in 2017 but has since left the firm, appeared at Westminster Magistrates Court on Tuesday […]
Watson Farley & Williams (WFW) has made 12 of its legal PAs redundant, following a consultation earlier in the month. WFW confirmed it has cut 12 roles due to the switch to remote working during the Covid-19 pandemic. In April, the firm furloughed 49 non-fee-earners in the UK and suspended partner distributions. Some staff also had their salaries […]
Eversheds Sutherland has published its trainee retention figures for the autumn. The firm is keeping on 38 of 43 UK qualifying trainees, giving it a retention rate of 88 per cent. All have been retained on permanent contracts. Additionally, it is retaining five qualifiers who completed a Hong Kong training contract. Overall, the firm’s global […]
Bevan Brittan has ended the 2019/20 financial year with double-digit increases in revenue and net profit. The firm recorded turnover of £51.4m, up 11.7 per cent on the previous year’s £46m. Meanwhile, net profit rose 13.8 per cent, from £9.97m to £11.35m. It is the seventh straight year of growth for the firm. Bevan Brittan […]
Blake Morgan has taken the “strategic commercial decision,” to exit the world of clinical negligence and personal injury (PI) and has disposed of its practice to Enable Law, Foot Anstey’s medical negligence business. In recent years Blake Morgan’s PI & clinical negligence practice had dwindled to three partners, all based in Southampton. Former head of […]