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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

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 […]

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Ex-Haarmanns pair create Oldenbourg Plus

Two former partners from Haarmann Hemmel-rath’s Munich office have set up their own practice after leaving the firm earlier this year. Andreas Oldenbourg and Simon Preisenberger have launched a new firm called Oldenbourg Plus, which specialises in corporate, M&A and private equity work. The duo has been joined by former Haarmanns associate Silke Pütz. As […]

Simmons set to achieve revenue goal

Simmons & Simmons is on track to achieve its ambitious profit target for next year after revenue for the first half was up by 10 per cent. Managing partner Mark Dawkins plans to take the average profit per equity partner, which currently stands at £385,000, up 17 per cent to more than £450,000 in 2006. […]

Season of Goodwill

Regulatory changes are threatening the future of lockstep. Could this see the return of goodwill payments when becoming a partner? Peter Ashford and Simon Bevan report

Garrigues scoops EC lawyer to lead Brussels team

Spanish firm Garrigues has scooped former European Commission legal service lawyer Jose Luis Buendia Sierra to head up its Brussels office. Buendia Sierra, who joins today, will replace Stephen Pickard, who retired in July 2005 after 17 years at the firm. He has over 15 years experience at the European Commission, working at the Directorate-General […]

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