Lawyers in Germany win home title rights

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Supreme Court upholds NCLAT judgement ruling that insolvency proceedings may be invoked against corporate guarantor before proceeding against the principal debtor

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

Cross-border transactions with related parties on the tax radar in 2019

By Branimir Rajsic The Serbian Tax Administration (the “TA”) recently issued the annual plan on tax audits for 2019 (“Plan”), published on the TA’s website. According to the Plan, the focus will be on the following: taxpayers incorporated by non-residents with significant related-party transactions, in particular control of the application of double taxation treaty provisions, taxpayers […]

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Scrivener crosses swords with judge over funeral

THE APPEAL Court was the scene of an unprecedented and bitter clash between former Bar Council chairman Anthony Scrivener QC and a senior judge. The clash centred on the death of Scrivener’s father at Canterbury on Wednesday. On hearing of his father’s death, Scrivener, who had been conducting a murder appeal, tried during that evening […]

In brief: DAC appoints ex-barrister to motor unit

Davies Arnold Cooper has appointed an ex-barrister, Carl Atkinson, to its common law department. Atkinson, who has extensive experience in civil litigation, will specialise in high profile motor claims litigation as part of Davies Arnold Cooper’s motor claims unit.

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Business growth good news for lawyers

LAW firms are set to benefit from a year of business expansion which will see companies pushing more work their way, according to a survey of UK companies. But the 1995 Manches Corporate Survey shows companies are more discerning about which solicitors to hire, and that they are considering taking on more in-house lawyers. “There […]

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