Related briefings

Certain Romanian competition law provisions on hold (for now)

Several provisions of Competition Law no. 21/1996 (the “Competition Law”) are currently suspended and may lose their legal effects beginning of September, following a recent decision issued by the Constitutional Court of Romania (CCR).

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

An apple a day keeps taxation away?

The General Court (GC) of the European Union ruled in favour of Apple in the state aid case regarding Apple’s Irish tax structure, annulling the 2016 decision of the European Commission (EC). As a result, Ireland is at present not obliged to reclaim the amount of EUR 13 billion from Apple. The decision is not yet final due to the EC’s right to appeal.

Czech Republic: Managing director and invalid employment contract, work injury

The Supreme Court of the Czech Republic recently issued an interesting decision concerning the employment of a managing director and an accident at work. It should be noted that this decision does not relate to a long-term problem with the concurrence of functions, i.e. the (im)possibility of performing the function of a managing director in an employment relationship, but reflects a situation where the managing director performs non-parallel work, i.e. work outside the function of a statutory body.

Latest Briefings

Permission in principle – growth, renewal, protect

The biggest shake up of the planning system since 1947 continues apace with the announcement, on 2 August, of government plans to create an automatic green light for development within specifically designated areas of the country.

Setting aside company transactions involving Jersey, Guernsey and BVI companies

Financial pressure can change perspectives on transactions – whether through the lens of an insolvent winding up, in the context of a counterparty or related interested party exploring ways in which they might unravel a transaction, or a new board considering whether a company can extricate itself from contractual arrangements that appear to have been subject to a conflict of interest or which were for an improper purpose.

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David Wilkinson

Fieldfisher overhauls partnership deed for new era

Fieldfisher has revised the terms and format of its partnership deed, tweaking a document that had been in force for over 15 years. The new version is expected to be valid for the next 20 years, replacing the previous one which was in force since 2005. It was one of the first institutional efforts carried […]

Clarke Willmott hits £50m turnover for the first time since 2008

Clarke Willmott has posted revenue of £51.7m for the 2019/20 financial year. The figure is an increase of £2.3m, or 4.6 per cent, on 2018/19. Profit stood at £11m, down from £11.4 million and average profit per equity partner was £201,000, down from £234,000. The firm’s CEO, Stephen Rosser, said: “I am pleased with our […]

Holborn Viaduct

Irwin Mitchell to ease Covid measures after cutting working hours

Irwin Mitchell is easing some of its Covid-19 measures, after putting in place a number of initiatives to protect the business. From 1 August, Irwin Mitchell told The Lawyer that a “large proportion” of employees that had been working reduced hours will now resume to normal working hours. The reduced hours are understood to have […]

counting money

Clydes reveals first financials under new leadership team

Clyde & Co’s profits fell by 5 per cent over the 2019/20 financial year, due to a slew of investments made during the past 12 months. Profits dipped from £151m to £143m, while a 4 per cent decline in PEP saw the figures fall from £690,000 to £665,000. By contrast, Clyde & Co’s revenue went […]

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