Post-Brexit personal data
The expiry of the Brexit transition period raised data protection compliance concerns for many companies operating in both Ireland and the United Kingdom.
Cayman Islands and the FATF Monitoring List
This update briefly analyses the limited practical consequences of this addition to the Monitoring List for clients using Cayman Islands vehicles.
Irish High Court directs remote hearing of witness action
COVID-19 and the associated social distancing and other public health measures have had far-reaching practical consequences for court hearings. From the outset of the pandemic, the courts adapted quickly by introducing full remote hearings – initially for appeal hearings that did not require witnesses to give evidence, but also more recently for hearings involving witnesses. […]
Luxembourg: no interest and royalty deduction for EU non-cooperative tax jurisdictions
On 28 January 2021, the Luxembourg Parliament approved the new law, which disallows the tax deductibility of interest and royalties payable to related corporate entities located in the EU’s list of non-cooperative jurisdictions for tax purposes. The new law will enter into force on 1 March 2021 and apply to interest and royalties accruing as from that date.
Black swan flies again – new BVI legislation confirms availability of free-standing interim relief
On 7 January 2021, the British Virgin Islands House of Assembly enacted section 24A of the Eastern Caribbean Supreme Court (Virgin Islands) Act, which confers statutory jurisdiction on the BVI Court to grant interim relief in support of existing or intended foreign proceedings.
Luxembourg tax authorities issue guidance on EU interest limitation rules
The first official guidance on the interest deduction limitation rules (″IDLR″) provided by Article 168bis of the Luxembourg Income Tax Law (″LITL″) was published in the tax circular (the ″Circular″) by the Director of Luxembourg Taxation, dated 8 January 20211.
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Your clients will be female
Legal leadership outperforms the current crop of FTSE 100 CEOs when it comes to gender diversity.
Working to live, not living to work: it’s an easy sell
The demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
A&O’s accidental LA office
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Hausfeld loves a bit of competition
Calls for reform of the CMA will be music to the ears of claimant litigators.
Latham is taking both more and less space in London
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
Meghan Markle’s opponents have a busy year
Fans of celebrity showdowns will be denied their thrills this year following the Duchess of Sussex’s successful application for summary judgment against Associated Newspapers, but the Daily Mail’s favourite law firm still has a full pipeline for 2021. Over the last few years RPC partner Keith Mathieson has also fastened his grip on defence work […]
City trio pick up mandates on Greensill administration
Allen & Overy is among the firms advising as embattled financial company Greensill Capital files for administration. The magic circle firm is understood to have picked up the mandate for the company, with partners Katrina Buckley, Joel Ferguson and Ian Field at the helm of the team. They are working opposite their former A&O colleague […]
Ashurst chairman to step down for new competition role
Ashurst’s global chairman Ben Tidswell is stepping down from the role after eight years to join the Competition Appeal Tribunal (CAT). Tidswell will leave Ashurst on 31 July to take on a judicial appointment as a chairman of specialist competition court, the CAT. Litigator Tidswell became Ashurst’s first post-merger chairman in 2013 after the firm announced its […]
DWF shutters three offices in Australia
DWF has closed three offices in Australia, with 85 members of staff and 14 principal lawyers leaving the firm. The firm’s offices in Sydney, Melbourne and Newcastle will close, while the Brisbane office and its connected services operations in Sydney and Melbourne remain operational. Damien van Brunschot will continue to lead DWF’s business Down Under […]
Freshfields sets target of 40 per cent new female partners by 2026
Freshfields Bruckhaus Deringer has introduced a series of pledges to improve its diversity and inclusion credentials, setting out targets for new partners and its leadership teams. The firm has said that by 2026, it expects new partners to be at least 40 per cent women and 40 per cent men. This follows last year’s promotions […]
Shoosmiths branches into consulting with new venture
Shoosmiths has launched a new separate consultancy arm, as firms ramp up efforts to provide alternative services for clients. ‘Shoosmiths8 Connected Services’ has been established to help clients with their legal, as well as broader business requirements. It includes a suite of eight products across innovation, contracts, coaching, corporate advisory, privacy and data. The eight […]
Bevan Brittan appoints third consecutive female senior partner
Bevan Brittan has appointed a new senior partner, with head of employment, pensions and immigration Jodie Sinclair set to take up the role on 1 May. A 21-year veteran of the firm, Sinclair is Bevan Brittan’s third female senior partner in a row. She had previously joined the board in 2019, and replaces Joanne Easterbrook, […]
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