Ninety to lose jobs in DAC restructure

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Pierce sends CBE back to Number 10

Gareth Pierce, the high-profile solicitor who successfully fought to release the Birmingham Six, the Guildford Four and battered wife Sara Thornton, has rejected her New Year CBE. Pierce, a partner at BM Birnberg & Co, was given the award in the New Year Honours. When awards are made, recipients are informed and expected to accept […]

The insolvency lawyer versus the athlete

When head of Edge Ellison’s insolvency practice John Sullivan picked up the baton for a broke British Athletics Federation in 1997 he did not expect to be fighting an athlete’s claims in the House of Lords. Claire Smith reports. When John Sullivan returned from his summer holiday two years ago to learn that the governing […]

Herbert Smith in £36.5bn Olivetti bid

Herbert Smith is advising Olivetti on the biggest European debt financing ever as the computer giant prepares its audacious bid to buy Telecom Italia. The firm is working with Italian firm Erede & Associates in advising Olivetti on raising funds for its £36.5bn takeover of the Italian telecommunications giant, which is five times its size. […]

Law centre windfall to double staff

The Law Centres Federation (LCF) is using part of a £500,000 National Lottery windfall to more than double its staff. LCF director Jay Sharma says the six new policy co-ordinators and development workers will work with local backers and advice centres to encourage communities across the country to set up their own law centres. A […]

Perrin's View

A finance guru tells a roomful of partners that partnership these days owes more to the franchise business model than to the conventional paradigm of ownership. You buy into the business because you like their idea. You run the business according to their pre-set strategy. You sell out when the time is right. And then […]

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