By Kathryn Burke, Trainee Solicitor On 12 March 2019 the European Parliament plenary session adopted its position at first reading of a draft Regulation on the import of cultural goods from outside the EU into the Union. Its President was instructed to forward its position to the Council, Commission and the national parliaments and it […]
By Robin Henry, Jean-Martin Louw The High Court has declined to allow the enforcement of a US$26 million damages award issued by a US District Court. In an interesting decision, it held the claimants were precluded, either by issue estoppel or by abuse of process from enforcing the US judgment. The court also remarked that English […]
Oral contracts have been the subject of much debate in the legal community recently. The Supreme Court has just passed judgment in the case of Wells v Devani  UKSC 1106 which clarifies the law in this area, and the result is not what you might expect. The facts of the case are relatively straight forward. Mr […]
By Janine Alexander, Adam Solomon In the recent case of West Ham v E20  EWCA Civ 2652 the Court of Appeal held that internal discussions between board members, concerning the settlement of a potential claim, were not covered by litigation privilege. Background A dispute arose between West Ham and the owners of its stadium, E20, relating […]
By Janet Armstrong-Fox Co-living schemes, with individuals living in small bedrooms but with access to communal kitchens and living space are the answer to the UK’s urban housing crisis, says a report published today by the Social Market Foundation. The report suggests that co-living schemes should be available to buy rather than the current rental […]
On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]
The Ogier team continues to be at the forefront of industry developments. Our lead story is from Brian Lacy and Grant Carroll who successfully represented the applicants in the first ever “soft touch” provisional liquidation in the BVI.
By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]
By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]
By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]
Skadden Arps Slate Meagher & Flom has been instructed by US airbag maker Key Saftey Systems (KSS) to advise on the acquisition of $1.6bn assets from Takata, as the Japanese company files for bankruptcy.
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Senior management at Clifford Chance will have to set out their diversity and inclusion targets to the firm, as it continues its push to reduce its gender pay gap. Members of the firm’s executive leadership group, including managing partner Matthew Layton and new senior partner Jeroen Ouwehand, are among those who have committed to publicly […]
Simpson Thacher & Bartlett has added $11.4m to its turnover in London, giving the firm a 7 per cent boost in the City. According to the data, Simpson Thacher’s City numbers increased from $164.9m to $176.3m over 2018, again putting it just behind Weil Gotshal & Manges in terms of London revenue size. Yesterday Weil […]
In its latest gender pay gap report, Baker McKenzie has posted a target to achieve 14 per cent BAME representation across its London partnership and within senior levels. This is the first time that the firm has published ethnicity pay gap figures, with a 17 per cent hourly pay gap for black, Asian and minority […]
Kirkland & Ellis’s latest financials have revealed the firm has increased its global revenue by more than $500m, up 19 per cent from last year’s $3.16bn to $3.76bn. Outpacing global growth, London revenue is believed to have hit $380m, rising nearly $100m from 2017’s $300m. Last year, it also hit the dizzying heights of $5m […]