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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 […]

Recommended

Tax expert takes off to Miami

INTERNATIONAL tax lawyer Harry Wiggin has resigned his partnership with Norton Rose M5 Group member Burges Salmon and transferred his practice to Miami. Wiggin has been retained as a consultant for the Bristol firm, a role which will run in tandem with his appointment as consultant with Miami practice Steel Hector & Davis. Burges Salmon […]

Financing

Beale & Co advised Indorama International Finance on its issue of 1.75 per cent convertible notes 1995-2000 of Swiss francs 40,000,000 convertible into shares of PT Indorama Synthetics, Indonesia. Swiss Bank Corporation, the lead manager, was advised by its in-house lawyers and Allen & Overy’s Hong Kong office.

Democracy must prevail

In calling for a five-year executive presidency for the Law Society, Richard Bagley (The Lawyer 10 October), misses the essential point that the post is (and indeed Mr Mears was) democratically elected. The Secretary General carries out policy, the president is crucial to its formulation. The two roles are quite distinct. If the Law Society […]

Freshfields reshuffle puts Salz in top post

ANTHONY Salz, the high profile head of Freshfields’ corporate department, is to become the City firm’s new senior partner. Salz takes over from John Grieves, who is due to retire. Grieves has been a partner at the firm since 1964 and held the top job for the last five years. The firm says that the […]

Govt pans to fund CABx with lottery cash, claims Labour

LABOUR claims that the Government is planning to fund citizens’ advice bureaux with National Lottery cash. The allegation follows the donation of £1.5 million to 14 out of 721 bureaux. Many other CABx, as well as central body the National Association of Citizens’ Advice Bureaux (NACAB), had applied for but failed to get funding. Facing […]

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