By Vinay Joy, Luv Mohan Saggi The Trade Unions Act, 1926 (Act) provides for the constitution and registration of trade unions in India. The Act defines a trade union as “any combinations, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen, or between […]
The Madras High Court (Court) recently ruled in favour of the Taxpayer (M/s WABCO India Limited v The Deputy Commissioner of Income-tax, W.A.No. 884 of 2018 and C.M.P Nos. 8825 and 7726 of 2018) holding that the Taxpayer could not be taxed in India when it had no role to play in a share transfer […]
By Udayarkar Rangarajan, Praveenkumar Hiremath A full bench of the Hon’ble Supreme Court of India (the Court) in the case of United India Insurance Co. Limited v Hyundai Engineering and Construction Co Ltd & Ors (Civil Appeal no 8146 of 2018) has clarified that the observation of the Court in the case of Duro Felguera SA […]
By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]
By Gaurav Juneja, Aayush Jain In a significant ruling having widespread ramifications, the Hon’ble Supreme Court (Court) on 14 August 2018 pronounced its judgment in the case of State of Bank of India v V. Ramakrishnan & Anr (Civil Appeal No. 3595 of 2018). The Court held that the period of moratorium under Section 14 of […]
Brexit uncertainty In stark contrast to last year, the views on Brexit have shifted with a level of uncertainty creeping in to what had been a clear-cut concern over the decision to leave the EU. Firms that had previously seen Brexit as a threat are now not so certain, presumably reflecting a view that maybe […]
By Giles Murphy Finding and retaining those talented individuals is becoming more difficult. Not only must law firms contend with traditional rivals, but also with new entrants, such as the Big 4 accountancy firms. At the same time, firms are looking to shore up their businesses with increasing specialisation and geographic expansion. Mergers and acquisitions […]
Did the expression “UK Legal Tech Landscape” once make you excited and now make you groan? Increasingly you are not alone. Overblown promises and a lack of clear solution-based thinking has driven confusion and disillusionment with legal technology. This is due, in part, to the fast pace of change in the legal industry and the […]
By Rob Aberdein In August 2018 Rob Aberdein explained proposed changes to the Debt Arrangement Scheme (DAS) in Scotland. The legislation enacting those changes has now been approved by Parliament and the new regime will come into force on 29 October 2019. The legislation and guidance can be viewed here.
By JP Buckley The ICO continues to undertake enforcement action under the previous Data Protection Act 1998. It applies where the breach was before 25 May 2018, when the GDPR and Data Protection Act 2018 came into force. We have seen from recent enforcement action that the trends continue… data protection and security is not […]
Jitka Logesová, a Partner at Kinstellar’s Prague office, has been named a Vice-Chair of the International Bar Association’s (IBA) Anti-Corruption Committee. During her term she will begin taking the lead on some Committee projects, including proposing and organising a regional anti-corruption conference in Central Europe. She has 20 years’ experience advising leading international groups, financial […]
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Property mogul Robert Tchenguiz has walked away from his lawsuit against accountancy firm Grant Thornton, three months after completely overhauling his legal line-up. Tchenguiz argued he was owed £1.6bn following the collapse of Icelandic bank Kaupthing and later alleged that Grant Thornton conspired to have the Serious Fraud Office investigate him to prevent him from […]
White & Case has snagged yet another partner for its London practice, this time from the global capital markets team at Kirkland & Ellis. Gilles Teerlinck joins the firm’s capital markets practice after almost six years at Kirkland, where he made partner in 2016. He previously spent three years at Linklaters, where he was a […]
The top 200 UK law firms of this year have been revealed with the publication of The Lawyer UK 200 2017. DLA Piper takes number one spot in the ranking, Clifford Chance number two and Allen & Overy comes in third place.
Ince & Co’s global head of insurance Joe O’Keeffe has departed for Stephenson Harwood, just two weeks after it was revealed that Ince had entered into merger talks with Gordon Dadds. Insurance partner O’Keeffe, who specialises in trade, shipping, yachts and superyachts, joined Ince in 1991 and was made partner in 2000. During his time at the firm, […]
Ashurst has undertaken a pay review that has seen it increase salaries for its junior lawyers. Newly qualified solicitors will now receive base pay of £82,000, up from £76,000. Those who qualify for a performance related bonus could see their pay packet rise as high as £94,300. One-year-qualified solicitors will take home £86,000, up from £80,000, […]
Hausfeld has added its fifth commercial litigation partner, as the boutique continues to offer a broader range of capabilities alongside its sweet spot in competition disputes. The boutique has hired partner Michael Bywell from Arnold & Porter, who specialises in litigation across the TMT sector. He joined Arnold & Porter in 2016 prior to its […]