Offshore trusts and the new post-Budget regime

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Latest Briefings

New resource and waste strategy published

By Ben Sheppard The first change to England’s waste strategy since 2010, it represents an ambitious programme of reform which will shape the landscape for sustainability to 2030 and with some proposals looking as far ahead as 2050. Affecting the food, manufacturing and packaging sectors as well as the waste sector, key policies include the […]

Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

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Rabinovitch granted legal aid for divorce

The woman who is divorcing her wealthy husband to marry Anthony Julius Princess Diana’s divorce lawyer has been granted legal aid. The Legal Aid Board confirmed last week that it had granted a legal aid certificate to freelance journalist Dina Rabinovitch, who is divorcing Guido Rauch, a wealthy derivatives trader. She is instructing Simone Katzenberg, […]

Merger prospects for Birmingham sets rejected

Birmingham Chambers 3 Fountain Court has unanimously rejected a merger offer from its neighbour 4 Fountain Court. The move is the latest stage of a frantic round of merger offers and talks at the Birmingham Bar which has already led to one merger announcement that of Priory Chambers and 7 Fountain Court. Head of chambers […]

Milbank Tweed

Milbank Tweed Hadley & McCloy has taken on Oren Azar, an associate from the Singapore office of Skadden Arps Slate Meagher & Flom, to join the US firm’s office in the city. Azar joins as a partner in its corporate finance practice. Milbank Tweed chairman Mel Immergut said: “His partnership is timely as the firm […]

In brief: Windfall boosts LCF's legal service bid

The Law Centres Federation has received a National Lottery grant for new technology which could boost its bid to front the Government’s proposed community legal service. The £188,000 windfall will be used to install a computer, with modem and e-mail services in all 52 law centres.

In brief: Herbert Smith appoints nine partners

Herbert Smith has appointed nine new partners with effect from 1 April. Pictured from left to right are the seven based in the firm’s London office: Carol Shutkever, corporate; Alan Watts, commercial litigation; Bradley Phillips, tax; Andrew Lidbetter, commercial litigation and public law; Ben Ward, corporate; Sophie Quayle, planning; and Chris De Pury, commercial property. […]

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