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Latest Briefings

SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

Case Study: Appleby Hope & Matthews improve productivity with ALB

By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Money

A&O and Linklaters break into US pay battle with associate salary increases

Allen & Overy (A&O) and Linklaters have both announced that they are matching Cravath Swaine & Moore’s salary scale in their US offices, two weeks after Clifford Chance hiked newly qualified (NQ) lawyer salaries to $190,000. An internal memo sent by A&O said that salary increases would take effect from 1 July 2018, with pay cheques ranging […]

Bird & Bird

Bird & Bird PEP rises to £550k as strong financial run continues

Bird & Bird‘s average profit per equity partner (PEP) jumped nearly 10 per cent over 2017/18, continuing a strong run of financial results from the firm. The firm broke through the £500,000 PEP barrier for the first time in 2016/17 when it rose to £503,000. In the last financial year, PEP increased once more by […]

Schoenherr supports KIKA/Leiner on sale to SIGNA

Schoenherr has supported the KIKA/Leiner Group to stave off looming insolvency proceedings and has thus enabled the successful sale of the furniture retail group to SIGNA Group. The Schoenherr insolvency & restructuring team was led by partners Wolfgang Höller and Miriam Simsa. The restructuring plan, which was agreed upon with the KIKA/Leiner management and employees, […]

Pinsents and 3VB seal victory over Goldman Sachs in banking dispute

Pinsent Masons and 3 Verulam Buildings (3VB) took the lead roles for Portuguese banking group Novo Banco as it fought off two claims from a string of litigation heavyweights in the Supreme Court. Lord Sumption handed down the judgment in the Supreme Court, dismissing an appeal to an earlier decision over a liability transferred to […]

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