By Denis Shestakov This article discusses the features of foreclosure on the subject of a pledge. The author focuses attention on the fate of a pledge, as an encumbrance on the subject, which was a guarantee of the fulfillment of the Debtor’s obligations to the creditor. The conflict between the norms of the Civil Code and […]
By Shaimerden Chikanayev The importance of the so-called natural monopolies in Kazakhstan can be seen in the fact that some of Kazakhstan’s largest and most powerful corporate empires, such as the KEGOC (national transmission grid operator) and KTZ (national railway company), are officially subject to natural monopoly regulation. The obvious lack of transparency in the tariff-setting […]
On November 25 the provisions will come into force that will allow businesses to continue operations despite the death of the enterprise’s owner. This change is very important also from the employees’ point of view, since it gives them an opportunity for safe continuation of employment.
On November 14, President Andrzej Duda endorsed an act introducing 9% rate of corporate income tax (CIT) for small businesses as well as certain changes regarding tax deductible costs in case of acquisition and exploitation of passenger cars by companies.
On November 9, the Parliament passed a package of changes introducing simplifications in tax and business law aimed for entrepreneurs. They offer, among others, a possibility of including a spouse’s work as a tax-deductible cost, a one-off possibility to carry forward a tax loss up to PLN 5 million or shortening – from 150 to […]
By Kirsty Black, Lucy Shepherd A landlord can defeat a lease renewal on development grounds only where it intends to carry out the works whether or not the tenant is in occupation. The Supreme Court has handed down its eagerly-awaited judgment in S Franses Ltd v The Cavendish Hotel (London) Ltd, the facts of which we covered in our […]
By Martin Thomas, Şenay Nihat, David Wigy The Supreme Court handed down judgment today in London Borough of Southwark and another v Transport for London  UKSC 63 – finding that that there is no clear and consistent meaning of ‘highway’ in common law. Rather, the meaning of ‘highway’ depends on the context in which it is used, […]
By Alison Ricketts, Martyn Baudains Over the last ten years significant changes have been made to Guernsey’s laws of succession, the effects of which may be overlooked by some homeowners. Prior to 2008 if you were married with ‘legitimate’ children (children born during your marriage) and died without having made a will then your houses and land, […]
By Victoria Grogan, Simon Lofthouse, Fiona Lilleyman, Stephanie Button After a much-needed reform in the law, people in Jersey can now create Lasting Powers of Attorney (LPA) to record their decisions and intentions about their assets and care, so that if they lose mental capacity, their wishes will still be respected. Similar legislation has existed […]
By Karl Anders Housing Management & Litigation expert Karl Anders explains the Government’s call for evidence on the case for a dedicated Housing Court. Have your say by 22 January 2019. Call for Evidence: the case for a Housing Court The UK Government has publicised its commitment to ensuring that everyone, whether they rent or own their home, […]
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Slaughter and May and Ashurst are leading for embattled contractor Interserve, which has revealed that it is seeking a recovery plan amid fears of a Carillion-style collapse. The rescue plan, which aims to scale back its £500m debt pile, will see the Reading-based outsourcer convert much of its debt into new shares, potentially handing control of the […]
A Chicago corporate partner is to take the reins of Kirkland & Ellis, as the US firm preps for chairman Jeff Hammes’ leadership handover in February 2020. Private equity specialist Jon Ballis will step into the shoes of Hammes in two years time, bringing his 10-year tenure as chairman to an end. Ballis’ practice focuses on leveraged […]
The University of Law has announced plans to open a tenth campus, in Nottingham. Based at One Royal Standard Place, it will open to students next September. It will offer the Legal Practice Course (LPC) and the Graduate Diploma in Law (GDL) – at least until those courses are phased out with the introduction of the new […]