PayPal announces new EMEA head of legal

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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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PayPal appoints Nokia GC Pentland in wake of split from eBay

PayPal has appointed Nokia chief legal officer Louise Pentland as its general counsel following the online payments company’s split from eBay this month. PayPal will become an independent publicly traded company when the split is finalised later this year. US-qualified Pentland will be based in the company’s San Jose office when she starts on 27 […]

eBay turns to Agilent for general counsel hire ahead of PayPal split

eBay has hired Agilent Technologies’ top lawyer Marie Oh Huber as its new general counsel as the company prepares for the split of eBay and PayPal into two separate companies later this year. eBay general counsel Michael Jacobson plans to leave the company following the separation of the two businesses in the second half of […]

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PayPal UK and Ireland head of legal, Tom Brown

Online payment specialist PayPal is innovative and dynamic, and that’s how Tom Brown, UK and Ireland head of legal, demands his team to be too PayPal is all about the future of money. Originally an online and now increasingly an offline payment business owned by Silicon Valley-based internet auction giant eBay, PayPal is an acute […]

Reed Smith bags Nabarro trio for City funds launch

Reed Smith has launched a London investment funds practice with the hire of ­former Nabarro partner and barrister Dale Gabbert. Gabbert, who joins as a partner, will bring with him associates Winston Penhall and Matthew Pitman. He will advise funds including private equity, property and hedge funds on investment management, corporate and regulatory issues. Reed […]

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