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Related briefings

The number of regulators adopting a sandbox like FCA’s is likely to grow

By Christian Davison Further to our ‘Autumn Update Financial Services’ seminar on 26th September, Christian Davison, a trainee in our Corporate and Commercial team, comments on the FCA’s announcement of a global regulatory sandbox. On 7 August 2018, the Financial Conduct Authority announced the ‘Global Financial Innovation Network’ (GFIN). It is an extension of the FCA’s pioneering UK […]

Amendments in the property taxation is benefiting the buyers

By Dominic Cole The Express has commented on the data released by trade lending body UK Finance which demonstrates that the number of first time buyers in August was the highest monthly level since June 2017. Whilst this is not a particularly long time, it may demonstrate to the Chancellor that the changes to the taxation […]

Impact of mixed domicile marriages on estate planning

By Aidan Grant Mixed domicile marriages can have a significant impact on estate planning opportunities. For example UK domiciled spouses only have a limited spouse exemption when passing assets to their non-UK domiciled spouse. It may also mean navigating the choppy waters of double taxation relief as more than one jurisdiction seeks to claim taxing rights […]

Brexit lease drama

By Paul Henson Many of us suffer from Brexit fatigue these days and those working within the real estate arena tend to focus on how it might affect market sentiment as opposed to it having any legal implications. It is therefore surprising that a “nationally significant case” listed for January 2019 will consider whether Brexit has […]

Doctrine of proprietary estoppel is important in deciding court cases

By Aidan Grant This case shows that the equitable doctrine of proprietary estoppel can still play a significant role in deciding court cases, which runs contrary to the general idea of testamentary freedom. The doctrine provides that, where a person has been promised an interest in property and has, in reliance on it, incurred expenses or […]

Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Intellectual property

We represent many of the world’s best known IP owners in industries as diverse as FMCG, fashion, retail, IT, pharmaceuticals, e-commerce, biotechnology, energy, hotels, manufacturing and media/entertainment. At the cutting edge of IP law developments, we provide innovative advice in both contentious and transactional situations across the full range of IP: including trademarks; copyright and […]

Blow for Law Society as High Court throws out judicial review into legal aid

Today’s High Court decision to uphold the Lord Chancellor’s criminal legal aid reforms following a judicial review is disappointing news for the Law Society, which has vowed to take its fight against criminal legal aid cuts to the Court of Appeal. Law Society president Andrew Caplen said the judgment had a “concerning potential effect upon […]

Paris

Olswang Paris office founding partner decamps for France’s UGGC

The former managing partner of Olswang’s Paris office has quit the firm with a team of lawyers to become banking head at French firm UGGC. Stéphan Alamowitch joined Olswang in 2011 from Dechert to head up the firm’s foray into France (2 February 2011). He was managing partner of the office until November 2013, when […]

London

Eaglewood Europe hires former Sidley Austin associate as its first GC

Eaglewood Europe has hired former Sidley Austin associate Dipali Sahni as its first general counsel. The investment management firm was established following UK hedge fund manager Marshall Wace’s acquisition of a majority stake in US-based Eaglewood Capital Management in April 2014.  It is hoped that Eaglewood Europe will help Marshall Wace enhance its footstep in […]

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