Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

Recommended

royal courts of justice

RPC fails to overturn privacy appeal for Bloomberg

Byrne and Partners secured victory over RPC for its anonymous client ZXC, as Bloomberg failed to overturn a High Court decision on privacy rights. It was the Court of Appeal that sided with the respondent on Friday, which ruled upon whether criminal suspects have a reasonable expectation to privacy, and if so, when. This specific […]

new job

UK private equity firm Alchemy hires Macfarlanes counsel as GC

UK-based private equity firm Alchemy Partners had hired a Macfarlanes counsel to be its new general counsel. Adam Porter, who started out at the firm as a trainee in 2010, made the jump in-house to become Alchemy’s GC on 1 May. Porter has been a counsel at Macfarlanes’ private equity group since 2019. While at […]

High Court judge sides with Stewarts in Azima dispute

Stewarts has successfully won a fraud case against airline operator Farhad Azima, after he was ordered to pay over $4m by a UK judge. Instructed by the investment authority of Middle Eastern emirate Ras Al Khaimah (RAKIA), Stewarts had brought a series of fraud and conspiracy claims against Azima. The case, which featured in The […]

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