Following the end of the transition period nearly two months ago, with an EU-UK Trade and Cooperation Agreement (TCA) that largely left out financial services1, it is unsurprising that the UK is forging alliances elsewhere. Even less surprising, then, is that one such ally should be another European nation well known for its financial sector.
The world of sanctions policy and enforcement saw quite a busy year in 2020 – and it seems the trend will not slow down in 2021.
One of the most frequently mentioned challenges facing in-house counsel today is how to demonstrate the value which the legal function brings to the business.
With the increase in governments’ stimulus packages, the principles of fairness in competition and compliance with legal rules have proved relevant, enhancing how useful the self-cleaning option is. Understanding what it means and how to benefit from this second chance is all the more key to economic operators.
The significant revenues that companies in the digitalized economy generate, in combination with the greater risk of base erosion and profit shifting due to the lack of a physical presence, mean that countries and the organizations that represent them are increasingly looking at new ways to tax the digitalized economy.
Last year saw a resurgence in listed companies incorporated in the Cayman Islands, with links to Asia, de-listing from global stock exchanges. This is a trend continuing in 2021.
In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy.
On 22 September 2020 the Office of Competition and Consumer Protection (UOKiK) fined liquefied petroleum gas (LPG) distributor AmeriGas Polska Zl730,000 (€160,000) for failing to notify a takeover.
The Grand Court has handed down an instructive judgment appointing “light-touch” provisional liquidators over Midway Resources International, a pan-African focused upstream oil and gas company, incorporated in the Cayman Islands.
Microsoft Teams already enables legal professionals to stay connected and collaborate seamlessly. With the addition of integrated applications, like NetDocuments, Teams can become an all-in-one solution for document creation in a secure and compliant environment.
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House prices in London have been increasing faster than lots of lawyers’ salaries.
The difference between Latham and Kirkland’s London revenue is narrowing.
A holding company owned by Mike Ashley is bringing a competition claim against the Football Association Premier League following a failed Saudi Arabian-led takeover of Newcastle United Football Club (NUFC). With RPC partner Lambros Kilaniotis instructed as the claimant’s solicitor, St James Holdings Limited is suing the Premier League after its proposed takeover of the […]
While some firms opened offices in Dublin to avoid Brexit disruption, Stephenson Harwood set up a legal entity in Greece, its LLPs have revealed. To avoid any potential problems caused by Brexit, Stephenson Harwood has launched Bowen-Morris & Partners in Piraeus. This new entity emerged after the firm converted the branch to a Greek law […]
The independent review of last year’s Bar Professional Training Course (BPTC) has found that the three-way relationship between the BSB, the eight law school providers of the BPTC, and the electronic testing company Pearson VUE, which delivered the online exam, “ultimately contributed to the complexities in the booking and delivery of the examinations.” The Director […]
Baker McKenzie has returned its newly-qualified (NQ) salaries to normal rates, after a reduction during the pandemic last year. The firm crunched salaries by £2,500 (3 per cent) to £87,500 and dropped the sign-on bonus last June. The announcement came a week after Bakers had said it had no plans to reduce salaries for trainees […]
The past year has been one of disruption for businesses everywhere. Daily team catch-ups migrated to Zoom and progress meetings once rewarded with a pint are now paired with anxiety around job security. Responses to the pandemic, such as switching to remote working, have exposed the considerable inefficiencies of conventional working practices. Confronted with this […]
Winston & Strawn’s Shanghai managing partner Brinton Scott has joined HFW’s Shanghai office, after the US firm closed its own Shanghai base. China veteran Brinton Scott has joined HFW’s Shanghai office as a partner in the Greater China transactional practice. He was previously the managing partner of Winston & Strawn’s Shanghai office, where he practised […]
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