Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Travers Smith

Travers reduces annual bonuses as part of Covid-19 cuts

Travers Smith has deferred salary reviews and reduced its annual firmwide bonus as part of additional measures to protect the financial stability of the firm. In April, the firm cut monthly partner drawings, with senior partners taking a 25 per cent cut in drawings. It also deferred partner distributions “until the longer-term trading position becomes […]

Simmons & Simmons

Simmons promotes six new partners after Covid delay

Simmons & Simmons has announced its latest set of partner promotions, after opting to defer the decision earlier this year. The small collective of six marks a huge contrast to last year, when the firm promoted its largest round ever. In 2019, 15 lawyers ascended to the partnership, including eight in its City office. It […]

People walking office

Freeths to cut 80 roles in redundancy process

National firm Freeths is to start a redundancy consultation across its offices, the latest firm to announce such plans as a result of Covid-19. The firm expects to cut around 80 roles across its 13 UK locations, including both lawyers and professional support staff. News of the process was delivered by chairman Colin Flanagan in […]

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